Agreement Between the Russian Federation and the State of Kuwait for the Promotion and Reciprocal Protection of Investments (Kuwait, November 21, 1994)

Authentic text

AGREEMENT
BETWEEN THE RUSSIAN FEDERATION AND THE STATE OF KUWAIT FOR THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS
(Kuwait, November 21, 1994)

The Russian Federation and the State of Kuwait (hereinafter referred to as the "Contracting Parties")

Desiring to create favourable conditions for the development of the economic cooperation between them and in particular for investments by investors of one Contracting Party in the territory of the other Contracting Party;

Recognizing that the promotion and reciprocal protection of such investments will be conducive to the stimulation of business initiative and will increase prosperity in both Contracting Parties;

Have agreed as follows:

Done in duplicate at Kuwait on this 21st day of November, 1994 corresponding to 18th day of Jamada II 1415 H in the Russian, Arabic and English languages, all texts being equally authoritative. In case of divergency of interpretation, the English text shall be used.

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This Agreement was ratified by Federal Law No. 49-FZ of May 23, 1996 (Sobraniye Zakonodatelstva Rossiyskoy Federatsii, 1996, No. 22, item 2586).

The Agreement entered into force on May 30, 1996

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