Статья 14«Соглашение о поощрении и взаимной защите капиталовложений между СССР и Королевством Нидерландов» [рус., англ.]

1. Настоящее Соглашение вступает в силу на тридцатый день, следующий за днем, когда Договаривающиеся Стороны письменно уведомили друг друга о выполнении необходимых для этого в их странах конституционных процедур. Настоящее Соглашение будет действовать в течение пятнадцати лет.

2. Если ни одна из Договаривающихся Сторон не уведомит другую Договаривающуюся Сторону о своем намерении денонсировать настоящее Соглашение по меньшей мере за шесть месяцев до истечения срока его действия, то настоящее Соглашение будет продлено автоматически на десятилетний срок, причем каждая из Договаривающихся Сторон оставляет за собой право денонсировать настоящее Соглашение с уведомлением по меньшей мере за шесть месяцев до истечения очередного срока его действия.

3. В отношении капиталовложений, осуществленных до даты прекращения действия настоящего Соглашения, вышеприведенные статьи настоящего Соглашения будут действовать в течение последующих пятнадцати лет, исчисляемых с этой даты.

4. С соблюдением срока, упомянутого в пункте 2 настоящей статьи, Правительство Королевства Нидерландов имеет право прекратить применение настоящего Соглашения в отношении любой из частей Королевства.

Совершено в Москве 5 октября 1989 года в двух подлинных экземплярах, каждый на русском, голландском и английском языках, причем три текста имеют одинаковую силу. В случае расхождений в толковании будет использоваться английский текст.

(Подписи)

ON ENCOURAGEMENT AND RECIPROCAL PROTECTION OF INVESTMENTS

(Moscow, 5.X.1989)

The Government of the Kingdom of the Netherlands, and the Government of the Union of Soviet Socialist Republics, hereinafter referred to as the Contracting Parties,

Desiring to strengthen the traditional ties of friendship between their countries, to extend and intensify the economic relations between them particularly with respect to investments by the investors of one Contracting Party in the territory of the other Contracting Party, Recognizing that agreement upon fair and equitable treatment to be accorded to such investments will stimulate the flow of capital and technology and the economic development of the Contracting Parties.

Have agreed as follows:

For the purposes of the present Agreement:

a) the term «investor» shall comprise with regard to either Contracting Party:

(i) natural persons having the nationality of that Contracting Party in accordance with its law and having the right to effect in accordance with the laws of their country investments on the territory of the other Contracting Party;

(ii) monetary funds, as well as rights derived from shares, bonds and other forms of participation;

с) the present Agreement shall apply to the territory of each of the Contracting Parties as well as to the maritime areas extending beyond the territorial sea of each of the Contracting Parties in which they exercise in accordance with international law their sovereign rights of jurisdiction for the purpose of exploring, exploiting and conserving natural resources.

Either Contracting Party shall, within the framework of its laws and regulations, promote economic cooperation through the protection in its territory of investments of investors of the other Contracting Party. Subject to its right to exercise powers conferred by its laws or regulations, each Contracting Party shall admit such investments.

a) by virtue of membership of the former of any existing or future customs union or economic union or an organisation for mutual economic assistance; or

b) in accordance with an international agreement providing for preferences and advantages similar to those granted by this Contracting Party to members of an organisation as referred to in a) above, which has come into force before the date of signing this Agreement; or

c) on the basis of an agreement for the avoidance of double taxation or other agreements or arrangements on taxation, or on the basis of reciprocity with a third State.

4. Each Contracting Party shall observe any obligation it may have entered into with regard to investments of investors of the other Contracting Party.

5. If the provisions of law of either Contracting Party of obligations under international agreements existing at present or established hereafter between the Contracting Parties contain a regulation, whether general or specific, entitling investments by investors of the other Contracting Party to a treatment more favourable than is provided for by the present Agreement, such regulation shall to the extent that it is more favourable prevail over the present Agreement.

Each Contracting Party shall guarantee to the investors of the other Contracting Party that their payments related to the investment may be transferred. The transfer shall be made in a freely convertible currency, without undue restriction or delay. Such transfers include in particular but not exclusively:

d) the unspent part of wages and other remuneration due to the nationals of one Contracting Party employed on the territory of the other Contracting Party in connection with an investment.

c) the measures are accompanied by provision for the payment of just compensation. Such compensation shall represent the real value of the investments affected and shall, in order to be effective for the claimants, be paid and made freely transferable, without undue delay, in any freely convertible currency accepted by the claimants.

1. If the investments of an investor of the one Contracting Party are insured against non-commercial risks under a system established by law or under a contract, any subrogation of the insurer or re-insurer into the rights of the said investor pursuant to the terms of such insurance shall be recognized by the other Contracting Party.

4. As to the composition and procedures of the arbitral tribunal, the provisions of paragraphs 2 — 8 of Article 13 shall be applied accordingly. Nevertheless the President of the Arbitration Institute of the Chamber of Commerce in Stockholm shall be invited to make the necessary appointments.

The provisions of this Agreement shall, from the date of entry into force thereof, also apply to investments which have been made on or after 1 January 1969.

As regards the Kingdom of the Netherlands, the present Agreement shall apply to the Kingdom of the Netherlands as a whole, unless the notification provided for in Article 14, paragraph (1) provides other wise.

Either Contracting Party may propose the other Party to consult on any matter concerning the interpretation or application of the Agreement. The other Party shall accord sympathetic consideration to and shall afford adequate opportunity for such consultation.

4. If the two arbitrators are unable to reach agreement, in the two months following their appointment, on the choice of the third arbitrator, either Contracting Party may invite the President of the International Court of Justice, to make the necessary appointment.

5. If, in the cases provided for in the paragraphs (3) and (4) of this Article, the President of the International Court of Justice is prevented from discharging the said function or is a national of either Contracting Party, the Vice-President of the International Court of Justice shall be invited to make the necessary appointments. If the Vice-President is prevented from discharging the said function or is a national of either Contracting Party the most senior member of the Court available who is not a national of either Contracting Party shall be invited to make the necessary appointments.

6. The tribunal shall decide on the basis of respect for the law. Before the tribunal decides, it may at any stage of the proceedings propose to the Contracting Parties that the dispute be settled amicably. The foregoing provisions shall not prejudice the power of the tribunal to decide the dispute on the principle of equity if the Contracting Parties so agree.

7. Unless the Contracting Parties decide otherwise, the tribunal shall determine its own procedure.

8. The tribunal shall reach its decision by a majority of votes. Such decision shall be final and binding on the Contracting Parties.

1. The present Agreement shall enter into force the thirtieth day following the date on which the Contracting Parties have informed each other in writing that the procedures constitutionally required therefore in their respective countries have been complied with, and shall remain in force for a period of fifteen years.

2. Unless notice of termination has been given by either Contracting Party at least six months before the date of the expiry of its validity, the present Agreement shall be extended tacitly for periods of ten years, each Contracting Party reserving the right to terminate the Agreement upon notice of at least six months before the date of expiry of the current period of validity.

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