TREATIES AND OTHER INTERNATIONAL ACTS SERIES 04-714.1 

________________________________________________________________________ 

INVESTMENT 

 Additional Protocol Between the 

UNITED STATES OF AMERICA 

and LATVIA to the Treaty of 

January 13, 1995 

Signed at Brussels September 22, 2003 

 

 
 NOTE BY THE DEPARTMENT OF STATE 

 Pursuant to Public Law 89—497, approved July 8, 1966 

(80 Stat. 271; 1 U.S.C. 113)—

“. . .the Treaties and Other International Acts Series issued 

under the authority of the Secretary of State shall be competent 

 evidence . . . of the treaties, international agreements other than 

treaties, and proclamations by the President of such treaties and 

international agreements other than treaties, as the case may be, 

therein contained, in all the courts of law and equity and of maritime 

jurisdiction, and in all the tribunals and public offices of the 

United States, and of the several States, without any further proof 

or authentication thereof.” 
 LATVIA 

 Investment 

Additional protocol to the treaty of January 13, 1995. 

Signed at Brussels September 22, 2003; 

Transmitted by the President of the United States of America 

 to the Senate March 12, 2004 (Treaty Doc. 108-20, 

 108th Congress, 2d Session); 

Reported favorably by the Senate Committee on Foreign Relations 

 April 29, 2004 (Senate Executive Report No. 108-13, 

 108th Congress, 2d Session); 

Advice and consent to ratification by the Senate 

 May 6, 2004; 

Ratified by the President June 3, 2004; 

Exchange of instruments of ratification at Washington 

 July 14, 2004; 

Entered into force July 14, 2004. 
ADDITIONAL PROTOCOL

BETWEEN THE GOVERNMENT OF

THE UNITED STATES OF AMERICA AND

THE GOVERNMENT OF THE REPUBLIC OF LATVIA

TO THE TREATY FOR THE ENCOURAGEMENT AND RECIPROCAL

PROTECTION OF INVESTMENT OF JANUARY 13, 1995

Representatives of the Governments of the United States of America and the Republi

of Latvia;

Desiring to make more effective the Treaty Between the Government of the United

States of America and the Government of the Republic of Latvia for the Encouragement and

Reciprocal Protection of Investment, with Annex and Protocol, signed at Washington on

January 13, 1995 (hereinafter "the Treaty");

Have discussed the intentions of the United States of America and the Republic of

Latvia regarding the compatibility between the Republic of Latvia's obligations under the

Treaty and its obligations that arise from membership in the European Union;

Have acknowledged that the Republic of Latvia, pursuant to Article 307 of the Treaty

Establishing the European Community and Article 6.10 of the Republic of Latvia's Act of

Accession, as applicable, must take all appropriate steps to eliminate incompatibilities

between the Treaty Establishing the European Community and its other international

agreements, including the Treaty;

Have concluded, as a result, that certain amendments to the Treaty are necessary in

order to avoid such incompatibilities;

Have decided to conclude an Additional Protocol thereto; and

Have agreed upon the following articles:

Article I

As necessary for the Republic of Latvia to meet its obligations pursuant to

measures adopted by the European Union, Article II, paragraph 6, of the Treaty shall not

limit the ability of the Republic of Latvia to impose performance requirements:

(a) in the agricultural sector that relate to the production, processing and trade of

agricultural and processed agricultural products, that implement quotas, or tha

require the purchase or use of goods produced or services provided in the

European Union or, with respect to goods produced or services provided, a

particular level or percentage of content from a source in the European Union

or
(b) in the audio-visual sector that relate to the production, distribution and

exploitation of audio-visual works, that implement quotas, or that require the

purchase or use of goods produced or services provided in countries of the

Council of Europe or, with respect to goods produced or services provided, a

particular level or percentage of content from a source in countries of the

Council of Europe.

Article II

The Parties acknowledge that the terms of the customs union or free trade area

exception found at Article II, paragraph 10(a), of the Treaty shall apply to all obligations of 

Party by virtue of its membership in an economic integration agreement that includes a free

trade area or customs union (e.g., the European Union), including obligations owed to

nationals or companies of any third country.

Article III

Article V of the Treaty shall be amended by deleting the text of the existing article in

its entirety and substituting the following text in its place:

"The Parties agree to consult promptly, on the request of either, to resolve any

disputes in connection with the Treaty, or to discuss any matter relating to the

interpretation or application of the Treaty. The Parties also agree to consult promptly

whenever a Party believes that steps are necessary to assure compatibility between the

Treaty and the Treaty Establishing the European Community with a view to assuring

compatibility."

Article IV

A. The Annex to the Treaty shall be amended by adding the following additional

paragraphs:

"4. As necessary to meet its obligations pursuant to measures adopted by the

European Union, the Republic of Latvia reserves the right to make or maintai

exceptions to national treatment, as provided in Article II, paragraph 1, in the

sectors or matters it has indicated below:

Agriculture

Audio-visual

Securities, Investment Services and other Financial Services

Fisheries

Hydrocarbons

Subsidies

Transport (Air Carriers)

Transport (Inland Waterways)

Transport (Maritime)

2
5. As necessary to meet its obligations pursuant to measures adopted by the

European Union, the Republic of Latvia reserves the right to make or mainta

exceptions to most-favored-nation treatment, as provided in Article II,

paragraph 1, in the sectors or matters it has indicated below:

Agriculture

Audio-visual

Hydrocarbons

6. Any exception by the Republic of Latvia exercised pursuant to paragraphs 4 

5 above (i.e., through any law or regulation adopted by, or any European

Union measure directly applicable within, the Republic of Latvia) shall not

apply, for the time period set forth below in subparagraph (a), to investments

of nationals or companies of the United States that are existing in the relevan

sector on the date this amendment takes effect or on the date the European

Commission publishes its proposal to enact the relevant measure in its Offici

Journal, whichever date is later.

(a) The time period referred to in this paragraph shall be ten years from t

date the relevant law or regulation adopted by, or European Union

measure directly applicable within, the Republic of Latvia takes effect

or twenty years from the date of entry into force of the Treaty,

whichever date is later.

(b) In no case, however, may an exception exercised pursuant to

paragraphs 4 or 5 above apply to an existing investment, as defined in

this paragraph, to the extent that it would require divestment, in whole

or in part, of such an existing investment."

B. Paragraph 1 of the Annex to the Treaty shall be amended to reflect that the

Government of the United States reserves the right to make or maintain limited exceptions to

national treatment, as provided in Article II, paragraph 1, in the new sectors or matters it has

indicated below:

Fisheries

Subsidies

C. Paragraph 2 of the Annex to the Treaty shall be amended to reflect that the

Government of the United States reserves the right to make or maintain limited exceptions to

most favored nation treatment, as provided in Article II, paragraph 1, in the new sectors or

matters it has indicated below:

Fisheries

Article V

This Additional Protocol, which shall form an integral part of the Treaty, shall be

subject to ratification.

3
IN WITNESS WHEREOF, the undersigned, duly authorized, have signed this

Additional Protocol.

THIITED STATES OF AMERICA: THE REPUBLIC OF LATVIA:

4

Article VI

This Additional Protocol shall enter into force upon the exchange of instruments of

ratification, and shall remain in force so long as the Treaty shall remain in force.

DONE in duplicate at Brussels on the 22nd day of September, 2003 in the English an

Latvian languages, both texts being equally authentic.

FOR THE GOVERNMENT OF FOR THE GOVERNMENT OF
PAPILDUS PROTOKOLS

AMERIKAS SAVIENOTO VALSTU VALDIBAS

UN LATVUAS REPUBLIKAS VALDIBAS

1995. GADA 13. JANVARA LIGUMAM PAR

IEGULDIJUMU VEICINANU UN SAVSTARPRJU AIZSARDZ

Amerikas Savienoto Valstu valdibas un Latvijas Republikas valdibas pdrstävji

Veloties uzlabot Amerikas Savienoto Valstu valdibas un Latvijas Republik

ligumu par ieguldijumu veicinganu un saystarpeju aizsardzibu, ar td pi

protokolu, kas ir parakstrts 1995. gada 13. janvErr Va§ingtond (turpmdk teksta 

Apspridot Amerikas Savienoto Valstu valdibas un Latvijas Republik

apuenAanos nodro§inat Latvijas Republikas saistibu, kuras izriet no Ligum

saistibam, kuras izriet no Latvijas iestgands Eiropas Savienibd;

Atzimejot, ka Latvijas Republikai saskapd ar Eiropas Kopienas dibindganas 

pantu un Latvijas Republikas pievienogands Eiropas Savienibai liguma 6.pant

ir järikojas, lai noverstu neatbilstibas starp Eiropas Kopienas dibindganas ligum

starptautiskajiem ligumiem, tai skaita" Ligumu;

Rezultdtd secinot, ka ir nepieciegami atsevi§ki Liguma labojumi, kas n

neatbilstibas;

Nolema noslegt papildus protokolu; un

Vienojas par sekojogiem pantiem:

I. pants

Nemot verd, ka Latvijas Republikai ir japilda saistibas, kas izriet no Eiropa

pieuemtajiem noteikumiem, Liguma II. panta 6. punkts nedrikst ierobd

Republikas tiesibas piemerot izpildiganas prasibas:

(a) lauksaimniecibas jomd attiecibd uz lauksaimniecibas un pärstraddto lauks

produktu rdoganu, parstradi un tirdzniecibu, kuriem tiek piemerotas kvotas,

vai kas pieprasa Eiropas Savienibd sardoto pre6u vai sniegto pakalpojumu p

izmanto§anu,

vai attiecibd uz sara2otajam precem vai sniegtajiem pakalpojumiem, kuriem t

dajeja Eiropas Savienibas izcelsmes preeu vai pakalpojumu izmanto§ana; vai

(b) audio — vizualajd sektord attiecibd uz audio — vizudlo darbu rdo§Unu, i

izmantoganu, kuriem tiek piemerotas kvotas,
vai kas pieprasa Eiropas Padomes dalibvalstis sara'Zoto preeu vai sniegto pa

pirkganu vai izmantoganu,

vai attiecTbd uz saraZotajam precem, vai sniegtajiem pakalpojumiem, k

pieprasita dajeja Eiropas Padomes dalibvalstu izcelsmes preeu vai pa

izmanto§ana.

II. pants

Puses atzist, ka Liguma II. panta 10. (a). punkta definetie muitas finijas 

tirdzniecibas telpas izuemumi ir jaattiecina uz visam puses saistibam, kuras 

dalibas ekonomiskas integracijas ligumos, kuri ietver brivas tirdzniecibas telpu 

uniju (piemeram Eiropas SavienTba), ieskaitot saistibas, kas attiecinamas uz 

pilsouiem un uzuemejsabiedribam.

III. pants

Liguma V. pants tiek grozits, pilnibd svitrojot pa:s'reizejo panta tekstu un ai

sekojogo tekstu:

"Puses vienojas nekavejoties konsulteties pec jebkuras puses pieprasijum

stridus, kuri ir saistiti ar Ligumu, vai apspriest jautajumus, kuri ir saistit

interprefaciju vai piemeraanu. Puses arT vienojas nekavejoties konsulteties 

viena no pusem uzskata par nepiecieS'arnu rikoties ar nolilku nodroginat atb

Ligumu un Eiropas Kopienas dibina:s'anas ligumu."

IV. pants

A. Grozit Liguma pielikumu, pievienojot sekojoS'us punktus:

1■1emot vera, ka Latvijas Republikai ir japilda saistibas, kas izriet 

Savienibas pieuemtajiem noteikumiem, Latvijas Republika patur sev tiesibas 

paturet iznemumus attiecTbd uz naciondlo reanu, ka noteikts II. panta 1. punk

vai jautdjumos, kas noradIti zemak:

lauksaimniecib a,

audio- vizudla joma,

vertspapTru, ieguldijumu pakalpojumu vai citu finansu pakalpojumu joma,

zivsaimniecTba,

ogialeuraZu joma,

subs-1415s,

transporta joma (gaisa parvadajumi),

allIt84803,Miligt.Still02.1.86.88Mo
transporta jomd (pa iekgzemes cideiem),

transporta jomd (jiiras transports).

5. Pildot saistIbas, kuras izriet no Eiropas Savienibas pienemtajiem noteikumie

Republika patur sev tiesibas izdarit vai paturet iznemumus attiecTbd uz 

labvelibas regmu, ka noteikts II. panta 1. punktk sektoros vai jautajumos, k

zemdk:

1 auks aimni ecib

audio-vizudld jomd,

oglildenraz'u jomd.

6. Jebkurus Latvijas Republikas iznemumus, kuri tiek ieviesti saskand ar 4. u

(tas ir, pienemot Latvijas Republikas likumus vai noteikumus, vai piemeroj

Savienibas tiegi piemerojamus noteikumus), nepiemero laika periods, k

apak§punktd (a), Amerikas Savienoto Valstu pilsonu vai uznemejs

ieguldijumiem, kuri jau veikti attiecIgajd sektord diend, kad labojumi staja

diend, kad Eiropas Savieniba publice priekglikumu ieviest attiecigus n

OficidlajdZurndlk atkaribd no ta, kura diena ir veldka.

(a) Said punIctd noteiktais laika periods ir 10 gadi no dienas, kad stajas spekd 

Latvijas Republikas likums vai noteikumi, vai Eiropas Savienibas tiegi pie

noteikumi, vai 20 gadi no dienas, kad stajas speka LIgums, atkaribd no td, kura 

(b) Iznemumus, kuri mineti 4. vai 5. punktd, nekada gadijuma nedrikst attiec

veiktajiem ieguldijumiem, kd noteikts §ajd punktd, ta.ds merk kas pra

ieguldijumu pilnu vai daleju iznemS'anu.

B. Liguma pielikuma 1. punkts tiek grozits, lai noteiktu, ka Amerikas Savien

valdiba patur tiesibas izdarit vai paturet ierobesiotus iznemumus attiecTbd uz 

reHmu, ka noteikts II. panta 1. punktk jaunajos sektoros vai joinds, kas norMit

-

zivsaimniecrbd,

subsidiju jornd.

C. Liguma pielikuma 2. punkts tiek grozits, lai noteiktu, ka Amerikas Savien

valdiba patur tiesibas izdarit vai paturet ierobeZ"otus iznemumus attiecTbd uz 

labvelibas reHmu, ka noteikts II. panta 1. punktd, jaunajos sektoros vai jomas, 

zemdk:

zivsaimniecibd.

V. pants

Liguma papildus protokols veido Liguma neatnemamu sastdvdalu un ir ratificej
VI. pants

Liguma papildus protokols stajas spekd ratifikdeij as instrumentu apmainas cej

tik ilgi, kamer ir spekd Ligums.

APLIECINOT IEPRIEKS MINETO, attiecigi pilnvarotie ir parakstijuSi S

protokolu.

IZPILDITS divos eksempldros 2003. gada 100 . afie)&11-&— Brisele latvi

valodds, pie tam abi teksti ir vienlidz autentiski.

AMERIKAS SAVIENOTO VALSTU LATVIJAS REPUBLIKA