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Agreement between the Government of the Republic of Latvia and the Government of the Republic of Azerbaijan on economic, scientific, technical and cultural cooperation
The Government of the Republic of Latvia and the Government of the Republic of Azerbaijan, hereinafter referred to as "the Parties",
taking into account the traditional long-term economic relations,
wishing to maintain, develop and strengthen economic relations between the Parties based on equality and mutual benefit and to promote the goods and services exchange,
having regard of mutual interest in deepening and enlargement of bilateral economic, scientific, technical and cultural cooperation,
considering that Latvia has become a member state of the European Union on 1 May 2004,
giving great significance to development of kind and trust relations between the peoples of Latvia and Azerbaijan,
Have agreed as follows:
Article 1
The Parties, within the framework of their respective national laws and taking into account their international obligations as well as agreements between the Republic of Azerbaijan and the European Union, shall develop, strengthen and diversify economic, scientific, technical and cultural cooperation on the mutually beneficial basis and in all spheres of mutual interest.
While applying this Agreement the Republic of Latvia shall respect all obligations arising from its membership in the European Union.
Article 2
Taking into account the achieved level of economic, scientific, technical and cultural cooperation, the Parties have agreed that there exist favourable opportunities for long-term cooperation, in particular in the following areas:
- industry, including construction industry;
- information technologies;
- electronics and electrical engineering;
- telecommunications;
- youth policy, tourism and sports;
- transport, including means of transportation and transit;
- professional training;
- technologies and innovations;
- cooperation in sphere of statistics, including comparisons of statistical data;
- exchange of experience and information about agrarian-industry complex, including up-to-date technical methods and technologies applied in agriculture, achievements gained in agrarian science sector and in organization of technical services;
- other spheres of mutual interest and benefit.
Article 3
The Parties shall attract their enterprises and businessmen of both countries to participate in international and specialized exhibitions and trade fairs held on the territory of the State of either Party.
Article 4
The Parties shall facilitate the cooperation between their scientific and research institutions, high educational institutions, scientific and technical associations and industrial enterprises to support elaboration and fulfilment of common programs, creation of joint scientific and research centres and other forms of cooperation in the territories of the States of the Parties.
The scientific and technical cooperating shall be carried out through:
- the creation of joint research centres, laboratories and groups;
- the organization of seminars, discussions, conferences and exhibitions in areas of mutual interest;
- the exchange of specialists in different sectors of scientific and technical activity;
- the organization of training and courses;
- the exchange of the scientific and technical information, documentation and literature;
- other forms of co-operation, concerning which Parties will come to the mutual agreement.
Article 5
The Parties shall facilitate and strengthen the cultural and art relations and assist in exchange of art and museum exhibitions, theatre concert tours and in participation of the professional, amateur and children collectives in festivals and other similar events.
Article 6
The Parties shall facilitate the cooperation in the fields of youth policy, sport and tourism, encourage exchange of representatives of the known youth in their countries, tourist and sport institutions and enterprises.
Article 7
In order to attain the objectives of this Agreement, the Parties shall endeavour to facilitate and promote, among other things:
- communication and co-operation between governmental institutions;
- links between professional organizations, chambers, and associations;
- visits, contacts and activities designed to promote co-operation between individuals, delegations and economic organizations;
- the organization of fairs and exhibitions;
- the organization of seminars and symposia;
- consultancy services;
- the forming of joint ventures and other form of joint economic activities;
- participation of small and medium-size sector enterprises in bilateral economic relations.
Article 8
The Parties will regularly exchange information about trade, commerce, investment and financial services and other information, necessary for trade promotion and facilitation.
Article 9
The Parties recognize the importance of effective protection of intellectual property rights in economic, industrial and technological cooperation. The Parties will exchange information on regular basis on laws and procedures governing the protection of intellectual property rights in their respective counties.
Article 10
With the purpose of performing the tasks set out in Article 1 of this Agreement the Intergovernmental Commission on Economic, Scientific, Technical and Cultural Cooperation (hereinafter the Intergovernmental Commission) shall be established. The Intergovernmental Commission shall be composed of representatives of respective state authorities of the Parties.
The Intergovernmental Commission can invite representatives of business circles of the Parties to take part in its work.
Article 11
The Intergovernmental Commission shall hold sessions when necessary, but not less than once in three years by turns in the Republic of Latvia and in the Republic of Azerbaijan.
Article 12
The main tasks of the Intergovernmental Commission are as follows:
- to monitor and examine the functioning of this Agreement and any questions that may arise in the implementation of this Agreement;
- to discuss programs of economic, scientific, technical and cultural cooperation in sphere of mutual interest;
- to examine problems that could hinder the development of economic cooperation and trade between the two Parties;
- to facilitate cooperation between small and medium size enterprises.
Article 13
This Agreement shall apply without prejudice to the obligations following from Latvia's membership in the European Union. The provisions of the Agreement may not be invoked or interpreted in such a way to invalidate or otherwise affect the obligations imposed by the Partnership and Co-operation Agreement or other agreements between Azerbaijan and the European Union.
Article 14
This Agreement may be changed and amended in accordance to the recommendation of Intergovernmental Commission and/or by mutual agreement of the Parties. Such changes and amendments shall be formed as additional Protocols which shall constitute an integral part of this Agreement and shall enter into force in accordance with the procedure described in Article 15 of this Agreement.
Article 15
1. This Agreement shall enter into force on the date of receipt of the latter written notice through diplomatic channels confirming that the internal procedures for the entry into force of this Agreement have fulfilled, and shall remain in force for an indefinite period of time.
2. Each Party can terminate this Agreement by means of a written notice to the other Party through diplomatic channels. The termination shall take effect on the first day of the sixth month following the date on which the other Party received such notice.
Done at Baku on this 3 day of October, 2005, in two original copies, each in Latvian, Azerbaijani and English, all texts being equally authentic. In case of any differences in the interpretation of this Agreement, the English text shall prevail.
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