Republike Slovenije
dr. Tea Petrin l. r.
Za Vlado
Republike Moldove
Stefan Odagiu l. r.
The Government of the Republic of Slovenia and the Government of the Republic of Moldova (hereinafter referred to as “the Contracting Parties”),
– desirous to develop and enhance long term trade and economic cooperation based on equality and mutual benefit,
– convinced that this Agreement is an appropriate and stable foundation for substantial and harmonious development and diversification of trade and economic cooperation between the two countries,
– in accordance with laws and regulations in force in both countries and international agreements accepted by them, considering the practices and standards of the international market and by taking into account the provisions of the Agreement on establishing the World Trade Organization (WTO),
have agreed as follows:
Article 1
The Contracting Parties shall promote, support and facilitate further development of economic cooperation between the two countries. The Contracting Parties shall in accordance with the provisions of this Agreement and with the respective laws and regulations which apply in the two countries, enable various forms of economic links among the entities of both countries and surmount any obstacle in this cooperation by mutual agreement.
Article 2
1. The Contracting Parties shall in accordance with the principles stipulated in the Agreement on establishing the World Trade Organization (WTO) accord to each other most-favored-nation treatment for products originating from their respective territories. This shall be practiced with regard to customs duties and other charges with similar effect which are charged for exportation, importation and with regard to the method of payment as well as to all regulations and formalities related to exports and imports.
2. The provisions contained in the first paragraph hereof, however, do not apply to the:
a. advantages which either Contracting Party has accorded or will accord to any neighboring state in order to facilitate frontier traffic; and
b. advantages which the Contracting Parties have accorded or will accord to third states based on cooperation within the framework of a customs union and/or a free trade area and/or agreements on regional integration; and
c. advantages which either of the Contracting Parties has granted or may grant to any developing country under the Agreement on establishing the World Trade Organization (WTO) and other agreements.
Article 3
The Contracting Parties shall, within the scope of their authority, endeavor to secure stable conditions for the development of trade and economic cooperation between the two countries, focusing in particular on cooperation in economic, industrial, technical and scientific-technological domain.
Article 4
In view of the development of trade and economic cooperation, the Contracting Parties shall encourage mutual exchange of information, particularly concerning their respective legislation and economic programmes, as well as other information of mutual interest.
Article 5
1. All payments for goods between the two countries shall be made in freely usable currency in compliance with laws and regulations applicable in the countries of the Contracting Parties and in accordance with prices and standard terms of the international market, unless otherwise agreed between the parties to a commercial transaction.
2. Accounts within the framework of this Agreement may be settled in any internationally accepted way according to banking practice, based on mutual agreement among the parties involved and considering the laws and regulations of the Contracting Parties.
Article 6
Mutual supply of goods shall be based on contracts concluded between the natural and legal persons of the Contracting Parties, in accordance with valid laws and regulations of the Contracting Parties and customary commercial practices regarding price, quality, delivery and terms of payment.
Article 7
In case of export of goods from the territory of state of one Contracting Party to the territory of state of the other Contracting Party at dumping or subsidized prices (and in a way that affects the domestic production of the second Contracting Party), may the second Contracting Party act in accordance with the principles and rules stipulated in the Agreement on establishing the World Trade Organization (WTO).
Article 8
1. The Contracting Parties shall, following the laws and regulations of their respective countries, render each other assistance in organizing fairs, specialized exhibitions and promotion actions.
2. The Contracting Parties agree to exempt from customs duties and other charges with similar effect, in accordance with the applicable laws and regulations in force in the territory of the states of the Contracting Parties, the imports of:
a. promotion material, free samples originating from the country of the other Contracting Party, as well as articles which are obtained in the country of the other Contracting Party at competitions, exhibitions and other events; and
b. goods and equipment for fairs and exhibitions, which are not intended for sale.
Article 9
1. For the purpose of implementing the objectives of this Agreement, the Contracting Parties agree to establish a Joint Commission composed of the representatives of both countries.
2. The Joint Commission shall meet once a year, or when needed, at the request of either of the Contracting Parties, in the country of either Contracting Party, alternately.
3. The Joint Commission shall in view of promoting and expanding trade and economic cooperation between the two countries in particular, though not exclusively:
a. consider ways and means to encourage and develop trade and economic cooperation between both countries;
b. review the progress of implementation of the agreements, arrangements or other contracts concluded between both countries in the field of trade and economic cooperation and recommend solutions to the problems that may arise from the implementation of such contracts;
c. identify areas which contribute to the development of trade and economic cooperation and submit recommendations to the competent authorities of both countries;
d. identify problems that hamper bilateral trade and economic cooperation and recommend measures for their solution.
4. Joint Commission may adopt Rules of procedure.
Article 10
This Agreement shall not prejudice other international agreements undertaken and enforced by the Contracting Parties.
Article 11
Disputes between the Contracting Parties concerning the interpretation and/or implementation of this Agreement shall be settled by consultation or negotiation through diplomatic channels.
Article 12
1. The Contracting Parties shall be able to amend any provision of this Agreement. Such amendments shall be approved under paragraph 1 of Article 13.
2. The modification or termination of the Agreement shall in no way interfere with the fulfilment of contracts concluded between the economic entities of both countries during the period of the validity hereof.
Article 13
1. This Agreement shall enter into force on the thirtieth day after the date of receipt of the last of notes, with which the Contracting Parties notify each other that all internal legal requirements for the entry into force of this Agreement have been fulfilled.
2. This Agreement shall be in force for the period of one year and shall be automatically renewed for successive periods of one year unless one of the Contracting Parties terminates this Agreement in writing through diplomatic channels by giving three months’ notice before the expiry of its validity.
Done in Chisinau on 11 July 2002 in two originals, in the Slovenian, Moldovan and English languages, all texts being equally authentic. In case of differences in interpretation, the English text shall prevail.
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