Publication: Magyar Közlöny
Issue: MK-2011-109 (Year: 2011, Number: 109)
Era: contemporary
Section: A Kormány 192/2011. (IX. 22.) Korm. rendelete
Paragraph Index: 22

10. cikk A jelen megállapodás megszüntetése nem befolyásolja a jelen megállapodás alapján kötött illetve végzett konkrét megállapodások, projektek, vagy tevékenységek érvényességét vagy idõtartamát az említett konkrét megállapodások, projektek vagy tevékenységek befejezéséig. Készült Kuvaitvárosban 1432 H. Safar hó 19-én, ami 2011. január 23-ának felel meg, két eredeti példányban, magyar, arab, és angol nyelven, mindegyik szöveg egyformán hiteles. Eltérés esetén az angol nyelvû szöveg az irányadó. a Magyar Köztársaság Kuvait Állam kormánya részérõl kormánya részérõl AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF HUNGARY AND THE GOVERNMENT OF THE STATE OF KUWAIT FOR THE ECONOMIC AND TECHNICAL CO-OPERATION The Government of the Republic of Hungary and the Government of the State of Kuwait (hereinafter referred to as the Contracting Parties). Recognizing that the economic and technical co-operation is an essential and indispensable component of the development of bilateral relations on a firm, long-term basis and of mutual confidence between the Contracting Parties and their respective peoples; Convinced that this Agreement will contribute to the development of the economic relations between them in the new reality and in particular to the enhancement of the mutually beneficial economic, trade, technical and technological cooperation. Desiring to promote and further strengthen their bilateral economic and technical cooperation, in the interest of their peoples; Taking into account their Commitment to the principles of the Marrakesh Agreement establishing the World Trade Organization signed on 15 April, 1994, and the agreements steming thereof by virtue of their obligations to the Organization, Have agreed on the following: Article (1) The Contracting Parties shall promote, by taking proper measures to further develop the economic and technical cooperation. Article (2) The fields of cooperation mentioned in this agreement include in particular, but are not limited to, the following items: 1. Encouragement of establishing economic, financial, banking, industrial, touristic, services, technical, development projects, agriculture, transport, human resource development, oil and gas industry, chemical and petrochemical industry, packaging technology, education, telecommunications and information society, and water management between the two countries. 2. Encouragment of exchange of information relating to technical research; 3. Encouragment of exchange and training of specialists required for specific cooperation programmes. 4. Information exchange on programmes and projects through the involvement of entrepreneurs in their implementation. Article (3) The Contracting Parties shall endeavor to broaden and intensify their cooperation through appropriate means, such as: – Promoting the links and strengthening the cooperation between the business federation, government institutions, regional and local entities, chambers, and visits of their representatives and other economic and technical cooperation; – Exchange of business information, encouraging the participation in fairs and exhibitions, organizing business events, seminars, symposia and conferences; – Promoting stronger participation of small and medium size private sector enterprises in bilateral economic relations; – Encouraging cooperation in providing consulting, marketing, advisory and expert services in the areas of mutual interest; – Encouraging investment activities, the foundation of joint ventures, establishment of company representations and branch offices; – Promoting of inter-regional cooperation and cooperation on international level in issues of mutual interest. Article (4) Nothing in this Agreement shall be construed as to oblige either Contracting Party to extend to the other present or future benefit of any treatment, preference or privilege resulting from any international, regional or sub-regional agreement or other arrangement relating wholly or mainly to taxation, or movement of capital or any domestic legislation relating wholly or mainly to taxation. Article (5) If deemed necessary, the Contracting Parties shall conclude specific agreements to be based on this Agreement concerning the fields of cooperation referred above and other special projects that may be agreed upon between them. Article (6) 1. With a view to ensuring the implementation of this Agreement, a Joint Committee shall be established composing of representatives from the Contracting Parties. The Committee shall meet on mutual consent alternately in the countries of the Contracting Parties. The appointed representatives of the Ministry of Finance of the State of Kuwait and the Hungarian Ministry responsible for international economic affairs shall chair the Joint Committee. 2. The Joint Committee shall have the authority, inter alia, to consider the following: – Encouraging and coordinating the economic and technical cooperation between the Contracting Parties; – Promoting and considering proposals aimed at the implementation of this Agreement and those agreements resulting therefrom; – Working out recommendations for the purposes of removing obstacles that may arise during the execution of any agreement and project that may be established in accordance with this Agreement. – Identifying new development opportunities for the bilateral economic relations. Article (7) Any dispute between the Contracting Parties concerning the interpretation or the implementation of this Agreement shall be settled amicably through consultations or negotiations. Article (8) This Agreement shall in no way prejudice to the obligations of the Republic of Hungary as a member state of the European Union, and is subject to those obligations. Consequently, the provisions of this Agreement shall not be invoked or interpreted, neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of the Republic of Hungary arising from the Treaties which the European Union is based on, as well as from the primary and secondary law of the European Union. Nothing in this Agreement shall be construed as to oblige the Contracting Parties to extend to the other present, or future benefit of any treatment, preference or privilege resulting from any exsting or future common market, free trade area, customs union or similar international agreements to which any of the Contracting Parties is or may become a member, such as the GCC for Kuwait. Article (9) This Agreement shall enter into force on the date of last notification when a Contracting Party notifies the other in writing through diplomatic channels of the completion of the constitutional requirements necessary for the implementation of this Agreement. This Agreement may be amended or revised by mutual consent of the Contracting Parties through an exchange of Notes between the Contracting Parties through diplomatic channels. The amendments or revisions shall come into force according to paragraph (1) of Article (9). This Agreement shall remain in force for a period of five (5) years and shall automatically be renewed for similar period or periods, unless either Contracting Party notifies the other in writing about its intention to terminate this Agreement at least six (6) months prior to its termination. Article (10) The termination of this Agreement shall not affect the validity or the duration of any specific agreement or projects or activities made under the present Agreement until the completion of such specific agreements, projects or activities. Done at Kuwait on the 19 of Safar 1432 H; corresponding to the 23 January of 2011, in two originals each, in the Arabic, Hungarian and English languages, all texts being equally authentic. In case of divergency the English text shall prevail. for the Government of for the Government of the Republic of Hungary the State of Kuwait

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