11 August 2022
14 Muharram 1444
عربي
The Government of the State of Qatar and the Government of Montenegro, hereinafter referred to as "The Contracting Parties",Desiring to expand and strengthen relationship between the two countries in the areas of economic, commercial and technical cooperation for the mutual benefits of the Contracting Parties;The Contracting Parties have agreed as the followings:Article (1)The Contracting Parties shall cooperate with each other in accordance with their respective laws and regulations, on the basis of equality, friendship and mutual benefits, in the economic, commercial and technical fields, including industry, mines energy, agriculture, communications, transport, construction, labor and tourism.Article (2)The Contracting Parties shall promote and facilitate export and import of their industrial and agricultural products, services, as well as raw materials excluding those prohibited by their respective laws and regulations.Article (3)The Contracting Parties shall encourage and facilitate the transport of mutual goods and provision of services between the two Countries via all means belonged to each of them whenever and wherever possible.Article (4)Method of payment and currency used for transactions concluded between natural and legal persons of the Contracting Parties within the framework of this Agreement shall be encouraged the utilization of any international method of payment and freely usable currencies to be agreed upon between the parties concerned.Article (5)Each Contracting Party shall:(1) Encourage and facilitate the participation of the businessmen, and representatives of the Chamber of Commerce and Industry and other similar institutions as well as government officials in international fairs and exhibitions which are held in the territory of the other Contracting Party.(2) Permit the other Contracting Party to organize fairs and exhibitions in each country and provide each others with all necessary facilities and assistance if possible to achieve its objectives within the framework of their respective laws and regulations.(3) Exempt , subjected to their respective laws and regulations in force, from customs duty or any other fiscal charges for the following items importing in the territory of the Contracting Party which are not intended for sales, namely:a. Goods and materials for temporary fairs and exhibition which must be returned to the country of origin after the even.b. Samples of merchandise used for the above mentioned event with nocommercial value.Article (6)Each Contracting Party shall encourage cooperation and exchange of visits between the representatives of the Chamber of Commerce and Industry and other similar institutions as well as between businessmen in both countries.Article (7)Each Contracting Party shall:(1) Encourage cooperation between their governmental and the private institutions and agencies of public interests engaged in technical activities, to set up joint technical and economic projects, as well as exchange of delegates engaging in different technical disciplines to provide required assistance and support.(2) Encourage and facilitate their respective citizens to participate in training and orientation programs relating to the technical and economic fields and coordinate efforts and initiatives in research and development as well as related studies of these domains.Article (8)For the effective implementation of this Agreement, and to settle problem which may arise during its execution, the Contracting Parties agree to establish a Joint Commission on Economic, Commercial and Technical Cooperation to meet alternatively on periodic basis, as agreed by both parties, in the territory of the two countries following a request from either party to:(1) Propose procedures to facilitate the execution of this Agreement,(2) Study possibilities required to enhance the Economic, Commercial and Technical Cooperation between the two countries,(3) Expand and promote commercial relationship and efforts to eliminate obstacles related trade and economic cooperation,(4) Agree to amicably solve problems arising from the interpretation and execution of this Agreement,(5) Agree to suggest any proposals, if necessary, concerning the amendment of this Agreement in pursuing of expanding the scope of commercial and economic relationship between the two countries.Article (9)The Contracting Parties hereby agree to undertake all possible means to settle the differences that may arise in relation to the implementation of this Agreement through amicable consultations and negotiations.Article (10)This Agreement shall not take prejudice the other agreements already concluded or will be concluded by either Party or / and with other third party.Article (11)Any supplementary and amendments to this Agreement shall be made based on mutual consent of the Contracting Parties. Such supplementary and amendments shall be made in the form of separate instruments and will be considered as an integral part of this Agreement, and shall enter into force in accordance with the provisions of Article 12 of this Agreement.Article (12)This Agreement will enter into force upon the date of last notification of its ratification. It shall remain valid for an initial period of five years and thereafter continue in force indefinitely unless either Party notifies the other Party in writing of its intention to terminate it, at least six months prior to the date of the said termination.In the event of termination of this agreement, all the undertakings and obligations arising thereof from any dealings concluded in accordance with the provisions of this Agreement shall remain valid and binding until its final effects agreed upon by the concerned parties.IN WITNESS WHEREOF the undersigned duly authorised thereto by their respective Governments, have signed this Agreement.Done in duplicate copy at Doha on this day of 17 February, 2009, each in the Arabic, Montenegrin and English language. All texts are equally authentic. In case of divergent in interpretation, English text shall prevail.
For the Government ofMontenegro
For the Government of the State of Qatar