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Agreement between the Government of the Russian Federation and the Government of Azerbaijan on cooperation in the sphere of electric energy.

Type of law
Agreement
Source


Abstract
The Parties have agreed to promote and intensify mutually beneficial economic, scientific and technical cooperation in the sphere of electric energy (art. 1). The Parties shall ensure identity of their legislation in the sphere of electric energy (art. 3). Economic entities of the Parties shall maintain parallel functioning of energy systems, electric-power transmission and transit in conformity with the concluded contracts (art. 4). The Parties shall coordinate national programs of prospective electric energy development (art. 6).
Date of text
Entry into force notes
The Agreement enters into force from the date of signature.
Notes
The period of validity shall be twelve months and the Agreement shall be automatically extended for the subsequent yearly periods unless one of the Parties informs the other in writing of its decision to terminate it six months before the expiry.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Соглашение между Правительством Российской Федерации и Правительством Азербайджанской Республики о сотрудничестве в области электроэнергетики