228/1994 Coll.
PROTOCOL
on cooperation between the Ministry of industry and trade of the Czech Republic and
The Ministry of industry and trade of the Republic of Lithuania
The Ministry of industry and trade of the Czech Republic and the Ministry of industry
and trade of the Republic of Lithuania, hereinafter referred to as the parties, in order to further
the development of economic cooperation, activation of českolitevských production
relations and increase mutual goods turnover, in accordance with the implementation of the agreement
between the Government of the Czech Republic and the Government of the Republic of Lithuania on trade and
economic relations, and scientific and technological cooperation of 23. September 1993,
agree on the following:
Article 1
The parties consider the most important direction of the common work of drawing up the
proposals on issues of bilateral commercial-economic perspective
cooperation between the Czech Republic and the Republic of Lithuania.
For this purpose, at the same time with the drawing up of the programmes, the prospective development
the economies of the two countries will prepare draft guidelines of foreign
business cooperation between the Czech Republic and the Republic of Lithuania according to the
individual sectors and industries and trade.
To achieve these objectives, the parties agree that, in the framework of their
competences they will carry out regular consultations about the course of economic
the reforms carried out in the two States and of changes in the jurisdictions in
the area of the economy that have importance for mutual business and economic
relations and also on the issues of development and the implementation of the individual
programmes and projects, representing mutual interest.
Article 2
The parties, in accordance with the laws in force in the two States, on the basis of
the priorities of development of national economies, will assist the industrial and
business cooperation between the enterprises and firms of their countries, improving the
cooperative relations, the promotion of mutual investment, the creation of joint
enterprises, including enterprises with the participation of third States.
Article 3
The parties will provide each other with assistance in resolving current questions
related to expansion of mutual economic cooperation business.
When drawing up the import and export forecasts for the following year's Party
will exchange proposals on the priority needs of the mutual supply of goods and
the provision of services.
The parties will facilitate the creation of the necessary conditions for the realization of
mutual supply, in particular the priority types of goods, in accordance with the
the laws in force in both States.
The parties will work on proposals for improving the mechanism of clearing and
payment for supply of goods, ensuring the increase of mutual turnover
of the goods.
Article 4
The parties agree to implement, where necessary, a meeting of specialists
and other representatives of both Parties to invite experts of the relevant
ministries, government departments and banks, to discuss the issues of State and perspectives
bilateral economic relations, matters falling within the competence of the parties,
including the priority deliveries, the elaboration of specific programmes and
cooperation projects and also to the proposals for the improvement of the reconciliation
the conditions and forms of economic cooperation and bilateral trade.
Article 5
This Protocol shall enter into force on the date of signature.
This Protocol is concluded for an indefinite period.
However, each of the parties may denounce the Protocol. Force of the Protocol will expire
3 months from the date of delivery of the notice of termination to the other party.
Done in Prague on 21. July 1994 in two original copies,
every in Czech, Lithuanian and Russian languages. In the case of a difference in the
the interpretation is critical texts in Russian language.
The Ministry of industry and trade
Of the Czech Republic
The Ministry of industry and trade
The Republic of Lithuania