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Article 12 Entry into Force and Period of Validity of the Agreement

Article 12
Entry into Force and Period of Validity of the Agreement

 

1. Each Contracting Party shall notify the other Contracting Party in writing of the completion of the internal state procedures necessary for the entry into force of this Agreement. This Agreement shall enter into force on the date of the latter of the two notifications.

 

ГАРАНТ:

The Russian Federation ratified this Agreement by Federal Law No. 79-FZ of July 2, 2005

 

2. This Agreement shall remain in force for fifteen years. After the termination of this period its effect shall be automatically extended for the next fifteen years if neither Contracting Party notifies the other in writing, at the latest twelve months before the expiry of the corresponding period, of its intention to terminate this Agreement.

3. Amendments may be introduced into this Agreement with the written agreement of the Contracting Parties. Any amendment shall enter into force after each Contracting Party has notified the other Contracting Party in writing of the completion of the internal state procedures necessary for the entry into force of such amendment.

4. The provisions of all other articles of this Agreement shall remain in force for fifteen years after the date of termination of its effect in relation to capital investments effected before the date of termination of effect of this Agreement and covered by it.