Republike Slovenije
Andrej Vizjak l.r.
Viorel Melnic l.r.
The Ministry of the Economy of the Republic of Slovenia and the Ministry of the Economy and Trade of the Republic of Moldova (hereinafter referred to as "the Contracting Parties"),
– confirming friendly relations between their states and their inhabitants;
– wishing to promote the development of their economic cooperation in the fields of mutual interest on the basis of equality, mutual benefit and reciprocity;
– taking into account mutual benefit arising from increased trade and the wish to strengthen further the relations, especially through the promotion of bilateral trade, economic ties and closer cooperation; and
– taking into account the obligations of their states arising from international agreements,
have agreed as follows:
Article 1
The Contracting Parties shall, within the framework of their laws, regulations and other provisions and taking into account their international obligations and agreements, make their best efforts to develop and strengthen economic cooperation on the widest possible basis and in all the fields they deem to be of mutual interest and benefit.
Article 2
The Contracting Parties shall strive to create favorable conditions to strengthen economic cooperation, especially by:
– facilitating and supporting the exchange and contacts between their economic operators,
– encouraging cooperation and activities in the field of tourism,
– promoting and encouraging foreign investments,
– facilitating the exchange of business and economic information,
– helping each other in the organisation of fairs, exhibitions, symposiums etc.,
– facilitating the exchange of information on activities in the domestic market, including the rules regarding consumer protection,
– creating a favorable climate for cooperation in the field of small-and-medium- size enterprises and the development of entrepreneurship.
Article 3
To this end the Contracting Parties hereby establish the Joint Slovene-Moldovan Commission which shall deal with the fields covered by this Memorandum and:
– identify the fields to which cooperation between the Contracting Parties is to be extended, propose measures and give recommendations for their implementation;
– prepare proposals for improving the possibilities of cooperation between the economic operators of the two states;
– exchange information on the economic situation in both states, on regulations, economic programs and other information of mutual interest;
– identify problems which hinder bilateral trade and economic cooperation and propose measures for their solution; and
– carry out other activities of mutual interest.
Article 4
The Joint Commission shall be composed of the representatives of the Contracting Parties and, where necessary, representatives of other establishments in the private or public sector may also be invited to participate.
Article 5
1. The Joint Commission shall meet as a rule once a year or when necessary on the request of either of the Contracting Parties.
2. The date of the meeting and the agenda of the Joint Commission shall be agreed upon by both Contracting Parties.
3. The host Contracting Party shall prepare a final protocol based on the minutes of the course and conclusions of the meeting of the Joint Commission, which shall be signed by heads of both delegations at the end of the meeting.
Article 6
Either of the Contracting Parties may propose amendments to this Memorandum through diplomatic channels at any time. The amendments shall enter into force as provided in Article 7(1).
Article 7
1. This Memorandum shall enter into force on the first day of the second month after the day of receiving the last of the notes with which the Contracting Parties inform each other on the fulfillment of internal legal procedures required for this Memorandum to enter into force.
2. This Memorandum shall be valid for one year and shall be automatically extended for equal periods, unless either Contracting Party notifies the other, through diplomatic channels, about its intention to terminate it, at least six months prior to the date of the said termination.
Done in duplicate in Ljubljana on 18. 4. 2007 in the Slovene, Moldovan and English languages, all texts being equally authentic. In case of any divergence, the English text shall prevail.
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