Either Contracting Party may by giving one (1) year's written notice to the other Contracting Party, terminate this Agreement at the end of the initial ten (10) year period or anytime thereafter.
Either Contracting Party may terminate the Agreement by giving a written notice of termination to the other Contracting Party through diplomatic channels.
Either Contracting Party undertakes to grant to the other Party free transfer in United States dollars at the rate of exchange in the official market at the time of remittance of the excess of receipts over expenditures achieved in its territory, in connection with the carriage of passengers, baggage, mail shipments and freight by the designated airline of the other Party. Wherever the payments system between the Contracting Parties governed by a special agreement, the said agreement shall apply.
1. The aircraft of the designated airline of each Contracting Party operating on the specified route shall bear its nationality and registration marks and carry on board the following certificates and documents:
a. certificate of registration;
b. certificate of airworthiness;
c. journey log sheet;
d. aircraft radio station licence;
e. licences or certificates for each member of the crew;
f. list of crew members;
g. list of passengers giving the places of departure and destination;
h. manifest of cargo and mail;
i. general declaration. Each Contracting Party shall recognize the valid certificates mentioned above (a - - e) of the other Contracting Party.
2. The crew members of the designated airline of either Contracting Party flying on the specified route shall be citizens of its respective country.
Either Contracting Party will endeavour to resolve in compliance with its internal state regulations, as favourably as possible, the questions pertaining to entrance and stay in its territory of the nationals of the other Contracting Party who are involved in activities connected with the investments in the sense of Article 1 of the present Agreement. The same treatment will concern persons who are sent by the investors of the two countries to carry out activities as workers and employees. Each Contracting Party shall likewise endeavour to settle as favourably as possible questions on issuing of work permits in these cases.
Either Contracting Party has the right to terminate this Agreement at the end of its term or at any time after the expiration of the first fifteen years by written notice to the other Contracting Party, and this notice should be one year prior to the date of the intended termination.
Either Contracting Party may keep the goods mentioned in paragraph 1 to 3 above under customs supervision.
Either Contracting Party may propose the other Contracting Party to consult an any matter affecting the operation of this Agreement. The other Contracting Party shall accord sympathetic consideration to and shall afford adequate opportunity for such consultation.
1 . Disputes between the Contracting Parties concerning the interpretation or application of this Agreement shall, it possible, be settled through consultation or negotiation.
2 . If a dispute between the Contracting Parties cannot thus be settled within six months, it shall at the request of either Contracting Party, be submitted to an arbitral tribunal.
3 . Such an arbitral tribunal shall be constituted for each individual case as follows:
(a) Each Contracting Party shall appoint one member, and these two members shall then select a national of a third state who, an approval by the two Contracting Parties, shall be appointed Chairman of the tribunal;
(b) The said members shall be appointed within three months, and the Chairman within four months, from the date on which either Contracting Party shall have informed the other Contracting Party that it proposes to submit the dispute to an arbitral tribunal.
4 . If, within the periods specified in paragraph 3 of this Article, the necessary appointments have not been made, either Contracting Party may, in the absence of any other relevant agreement, invite the President of the International Court of Justice to make the necessary appointments. If the President is a national of either Contracting Party or if he is otherwise prevented from discharging the said function, the Vice-President shall be invited to make the necessary appointments. If the Vice-President is a national of either Contracting Party or if he, too, is prevented from discharging the said function, the member of the International Court of Justice next in seniority who is not a national of either Contracting Party shall be invited to make the necessary appointments.paragraph 3 of this Article, the necessary appointments have not been made, either Contracting Party may, in the absence of any other relevant agreement, invite the President of the International Court of Justice to make the necessary appointments. If the President is a national of either Contracting Party or if he is otherwise prevented from discharging the said function, the Vice-President shall be invited to make the necessary appointments. If the Vice-President is a national of either Contracting Party or if he, too, is prevented from discharging ...
Either Contracting Party may withdraw from this General Agreement by serving a written notice of termination if the other Contracting Party commits a material breach of the provisions hereof, which, in case the breach is curable, remains uncured by the breaching party 30 (in words: thirty) days (or within such other reasonable period of time as agreed by the Contracting Parties) after notification of such breach by the non-breaching party. The notice of termination shall take effect on the day it is received by the other Contracting Party. This is without prejudice to the terminating party’s claim to any damages, contractual penalties or default interest, as applicable. The termination of this General Agreement shall not rescind the same in its entirety. The Contracting Parties shall retain the mutual performances made between them up to the termination of this General Agreement by withdrawal.
Either Contracting Party reserves the right to deny entry into or prohibit stay in the ter- ritory of its State to nationals of the State of the other Contracting Party whom it considers undesirable.
1. The Contracting Parties shall exchange specimens of their valid diplomatic pass- ports through diplomatic channels together with the notification as provided in paragraph 1 of Article 9 of this Agreement.
2. If either Contracting Party modifies its diplomatic passports after the entry into force of this Agreement, it shall provide the other Contracting Party with specimens of such documents through diplomatic channels at least thirty days before they are introduced.
Either Contracting Party shall accord in its ports to the vessels flying the flag of the other Contracting Party the same treatment as it accords to ita own vessels. This provision applies to custom formalities, the collection of taxes, port fees and port charges, the free entry into ports, the assignment of berths, facilities for loading and unloading, and to all other facilities accorded to shipping and to economic activities in connection with vessels, their crews, their passengers and the cargoes they carry.
Article VI. Nationals of either Contracting Party engaged in any economic activity shall not be subject to the payment of heavier taxes, fees or charges by the other Contracting Party than those borne by nationals of that Contracting Party. Nationals of either Contracting Party engaged in any economic activity and aubject to the payment of taxes, fees or charges shall be accorded the same treatment in respect of deductions and exemptions as is given to nationals of the latter Contracting Party.
Article VII. Nationals of either Contracting Party shall, as regards the protection of industrial property, enjoy in the territory of the other Contracting Party a protection not less favourable than enjoyed by the own nationals, without prejudice to the rights already provided by international conventions in the field of industrial property.
Article VIII. Either Contracting Farty undertakes with regard to the other Contracting Party to facilitate, to the extent permitted by its legislation:
a) the holding in its territory of economic and commerâ eial exhibitions and displays;
b) the importation into its territory of professional equipment and of material and equipment intended for technical work on behalf of governmental bodies or private enterprises and the re-exportation thereof.
(1) Each Contracting Party shall ensure fair and equitable treatment to the investments, goods, rights and interests of nationals of the other Contracting Party and shall not impair the management, maintenance, use, enjoyment or disposal thereof by those nationals, by wnjustified or discriminatory measures.
(2) More particularly, each Contracting Party shall accord to such investments, goods, rights and interests the same security and protection as it accords either to those of its own nationals or to those of third States, whichever is more favourable to the investor.
(1) The Contracting Parties recognize the principle of the freedom of transfer of: - the net profits, interests, dividends, royalties, de...
