75/1972 Sb.



The DECREE



Minister of Foreign Affairs



of 19 December 2003. September 1972



a Long-term trade agreement between the Czechoslovak Socialist

Republic and the Kingdom of Denmark



17 May. March 1972 was in Prague signed a long-term trade agreement

between the Czechoslovak Socialist Republic and the Kingdom of Denmark.



In accordance with its article VI, paragraph 1 of the agreement entered into force on

signature, IE. day 17. March 1972.



Czech translation of the agreement shall be published at the same time.



First Deputy Minister:



V.r. Krajčír



LONG-TERM TRADE AGREEMENT



between the Czechoslovak Socialist Republic and the Kingdom of Denmark



The Government of the Czechoslovak Socialist Republic and the Government of Denmark

the Kingdom of



Bearing in mind their common interest in expanding trade, which

developed in the framework of a previous Long-term trade agreements,



taking into account the favourable conditions for the further development of trade between the two

countries,



Desiring to facilitate and enhance trade relations between the two countries on the

the basis of equality and mutual benefits,



have agreed as follows:



Article. (I)



1. the Contracting Parties shall seek to ensure harmonious and mutually

the advantageous development of trade between the two countries that will provide

other favourable conditions for a substantial increase of trade with

the aim, to create the basis for the steady development of economic

relations between the two countries.



2. the Contracting Parties will continue the policy of removing any

barriers in the free exchange of goods between the markets of both countries, and will seek to

extension of the types of goods in trade.



Article II



1. the mutual trade between the two countries will be governed by the General Agreement on

tariffs and trade (GATT), to which members of the Czechoslovak Socialist

Republic and the Kingdom of Denmark.



2. The exchange of goods between the Czechoslovak Socialist Republic and the

The Kingdom of Denmark will be carried out in accordance with the provisions of this agreement and on

the basis of the annual protocols, which will form an integral part of this

the agreement.



3. the authorities of both Contracting Parties shall issue all permits-including

import and export licenses, if required, up to the quantity or

values of the goods included in the commodity of the instruments attached to the annual

protocols.



Article. (III)



Contracts for goods and services under this Agreement shall be concluded between the

Czechoslovak legal persons eligible under the Czechoslovak

laws to foreign business and legal persons with a registered office and

natural persons resident in Denmark.



Article IV



1. the Contracting Parties shall set up a Mixed Commission, which will examine and

check the correct performance of this agreement. The Joint Commission will discuss

last course of mutual trade and other related issues

economic relations between the two countries, will submit proposals and

recommendations for the respective Governments to the positive solution of the individual

issues and will sign annual protocols referred to in article II, paragraph 2.



2. The Joint Commission shall meet at least once a year, alternately in Prague

and in Copenhagen. Extraordinary meetings of the Joint Commission will be convened at the request of the

one of the parties and shall take place not later than 30 days after such a request in

the site, which shall be mutually agreed. On the agenda of the special session will be

individual questions relating to the store, which will have

any of the parties interested.



Article. In



The payments between the two countries will carry out in convertible currencies in

accordance with the foreign exchange regulations in force in each of the two countries.



Article VI



1. this Agreement shall enter into force on the date of signature and will apply until 31 December 2006.

December 1974. Replaced by Long-term trade and payments agreement between the

The Czechoslovak Socialist Republic and the Kingdom of Denmark

April 9. June 1966 in Copenhagen.



2. Taking into account its international obligations, the Contracting Parties

reserve the right to initiate negotiations on any necessary adjustments to this agreement, taking

However, such changes will not affect the basic objectives of the agreement

relating to trade promotion between the two countries.



3. this Agreement shall be extended in silence on a period of one year,

If one of the parties denounces it it three months before the end of the

its validity.



4. Termination of this agreement will have no effect on the validity and implementation of

the contracts concluded between the organisations, institutions and enterprises of the two countries

during the validity of this agreement.



Drawn up in Prague on 17. March 1972 in two original copies in the

the English language.



For the Government of the Czechoslovak Socialist Republic:



Ing. V.r. Noreezz.



For the Government of the Kingdom of Denmark:



Ivar Norgaard v.r.