ARTICLE 12 ENTRY INTO FORCE AND DURATION OF THE AGREEMENT

1. This Agreement shall enter into force for a period of ten years after 30 days from the date of the last written notification of either Contracting Party to the other Contracting Party that it has fulfilled the internal State procedures required for entry into force of this Agreement in accordance with its laws and regulations. Upon expiration of this period it shall be automatically extended for subsequent periods of five years unless one of the Contracting Parties notifies the other Contracting Party in writing, at least twelve months prior to the end of the respective period, of its intention to terminate this Agreement.

2. This Agreement may be amended by a mutual written consent of the Contracting Parties. Any amendment shall enter into force after each Contracting Party has notified the other Contracting Party in writing about the completion of the internal State procedures required for the entry into force of such amendment.

3. After the termination of this Agreement its provisions shall apply to investments falling within the scope of application of this Agreement made prior to the date of the termination of this Agreement for a further period of ten years.