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Article 29 Termination of This Agreement

Article 29
Termination of This Agreement

 

(1) If the issues which led to the suspension of this Agreement have not been resolved within a maximum period of 180 days, each Party may terminate this Agreement at a 30 days' notice.

(2) When the termination is notified, the consequences for the ongoing procurement contracts and subsidy contracts and for such contracts still to be signed shall be communicated to the Managing Authority.

(3) Where the Cooperation Programme cannot be implemented due to problems arising in relations between participating countries and in other duly justified cases, the Commission may decide, at the request of the Monitoring Committee or on its own initiative after having consulted the Monitoring Committee, to discontinue the contribution from the ENI for the participation of Russian beneficiaries in the Russian Federation in the Cooperation Programme before the expiry date of the period of execution.

(4) Where the Cooperation Programme cannot be implemented due to problems arising in relations between participating countries and in other duly justified cases, the Russian Federation may decide, at the request of the Monitoring Committee or on its own initiative after having consulted the Monitoring Committee, to discontinue its contribution for the participation of Russian beneficiaries in the Russian Federation in the Cooperation Programme before the expiry date of the period of execution.