Albania–Azerbaijan BIT (2012)

Marreveshje ndermjet KeshiIlit te Ministrave te Republikes se Shqiperise dhe Qeverise te Republikes se Azerbajxhanit mbi Nxitjen dhe Mbrojtjen Reciproke te Investimeve

Keshilli i Ministrave i Republikes se Shqiperise dhe Azerbajxhanit, qe ketu quhen "Palet Kontraktuese",

rene me

Neni 1

Per

pronesise industriale (te drejtat per shpikjet, modelet e perdorimit, modelet markat tregtare dhe treguesit gjeografike), proceset teknike, ekspertiza dhe mire;

e) te drejtat per te ndermarre aktivitete ekonomike dhe tregtare qe caktohen me Iigj ose ne haze te nje kontrate, duke perfshire koncesionet per kerkimin, kultivimin, ose shfrytezimin e burimeve natyrore.

2. do te thote:

person at Kontraktuese ne Marreveshje.

Secila Pale Kontraktuese inkurajon dhe krijon kushte te favorshme htptiirf,r te saj per investitoret e Pales tjeter Kontraktuese per te bere e Shtetit dhe i pranon keto investime ne pajtim me legjislacionin e

Secila Pale Kontraktuese, brenda kuadrit te saj legjislativ, shqyrton ne te kerkesat per lejet e nevojshme ne lidhje me investimet ne territorin e shtetit te perfshire autorizimet per angazhimin e punonjesve dhe personelit teknik sipas zgjedhjes se investitorit.

ne me transportin, tregtimin e produkteve te ose

Neni3 Marrja e informacionit per investitorin dhe

me legjislacionin e te brendshem, ajo u jep Kontraktuese nje trajtim me pak te favorshem sesa ai investimeve te investitoreve te vet ose te cilido qe te jete me i favorshem per investitorin perkates.

3. Kjo vlere e tregut lIogaritet ne nje monedhe lirisht te kembyeshme mbi normes se kembimit te tregut qe zbatohet per ate monedhe ne daten e transfertes. Kompensimi perfshin gjithashtu interesin sipas normes tregtare te vendosur me tregu per monedhen ne fjale nga data e shpronesimit deri ne daten e pageses. Kompensimi paguhet pa vonese, eshte efektivisht i realizueshem dhe Brisht i transferueshem.

4. Investitori interesuar ka te drejten e rishikimit te menjehershem nga gjyqesor ose nje autoritet tjeter kompetent dhe i pavarur i Pales Kontraktuese te se duke perfs hire e te dhe pa~~est:n e percaktuara ne kete

Neni 6 Kompensimi per humbjet

te ardhurat nga investimet, sipas perkufizimit ne Nenin 1; pagesat ne Iidhje me kontratat, duke perfshire marreveshjet e e) kompensimet e parashikuara sipas Neneve 5 dhe 6; f) shumat nga shitja e plote ose e pjesshme ose Iikuidimi i nje investimi; pagat dhe shperblimet e tjera per personelin e punesuar te ardhur nga lidhje me nje investim; pagesat ne lidhje me

8 Kushtet me te favorshme

Neni 10 Konsultimet

Palet Kontraktuese bien dakord te konsultohen menjehere, me kerkese te zgjidhjen e mosmarreveshjeve qe lindin ndermjet tyre ne lidhje me kete Marreveshje ose te rishikojne cydo cyeshtje mbi zbatimin e kesaj Marreveshje ose te shqyrtojne qe mund te rrjedhe nga kjo Marreveshje. Keto konsultime zhviIlohen autoriteteve kompetente te Pal eve Kontraktuese ne nje vend dhe kohe qe ndermjet Pal eve Kontraktuese nepermjet diplomatike.

Neni n Refuzimi i perfitimeve

Kontraktuese.

Neni 12 Zgjidhja I': mosmarreveshjeve ndermjet Palevl':

emerimet e nevojshme, secila Pale Kontraktuese, nese nuk eshte rene dakord ndryshe, mund te ftoje Kryetarin e Gjykates Nderkombetare te Drejtesise per te here emerimet nevojshme. Nese Kryetari eshte shtetas i nje Pale Kontraktuese, ose nese pengohet ne permbushjen e ketij funksioni, Zevendes-Kryetari ftohet per te bere emerimet e nevojshme. Nese Zevendeskryetari eshte shtetas i nje Pale Kontraktuese ose pengohet ne ushtrimin e ketij funksioni, anetari i Gjykates Nderkombetare te Drejtesise pas ne detyre, i nuk eshte shtetas nje Pale Kontraktuese, ftohet te e nevojshme.

Neni 13 Zgjidhja e mosmarreveshjeve per investimet ndermjet nje Pale Kontraktuese dhe nje investitori te Pales tjeter Kontraktuese

ALBANiY A RESPUBLiKASI NAZiRLaR SURASI va AzaRBA yeAN RESPUBLiKASI HOKUMaTi ARASINDA saRMA vaLaRiN TasviQi va QARSILIQLI QORUNMASI HAQQINDA

SAziS

adlandmiacaq RespubIikasl H6kum~ti,

MADDa 1

d. ;)qIi mtilkiYY;:lt htiquqlan (mti;:llliflik huququ, ;)laq;:lli huquqlar, sxem topologiyalanna V;:l m;:llumat toplulanna htiquqlar) V;:l S;:lnaye mulkiYY;:lti huquqlan (ixtiralar, faydah modell;:lr, S;:lnaye modeIl;:lri, ;:lmt;:l;:l ni~anlan V;) gost;:lriciIQr;:l olan huquqlar); texniki prosesl;:lr, "nou-hau" V;) "qudvil"; e. qanunla V;) ya kontrakt ;)sasmda iqtisadi V;) ticar;:lt keyirilmQsin;:l veril;:ln huquqlar, 0 ctiml;:ld;:ln t;:lbii ehtiyatlann hasilatI V;:l ya istismarl uzr;:l konsessiyalar.

MAooa2 Sarmayalarin ta~viqi va qorunmasl

Hdr bir Razlhga gdldn Tdrdf dig;:)r Razlhga g;:)l;:)n Tdr;:)fin sdrmaY;:)yiidrind yatmlmasl iis:iin dlveri~li ~;:)rait yaradlr Vd h;:)min s;:)rmay;:)l;:)ri OZ mHli uygun oiaraq qdbul edir.

H;:)r bir Razlhga gdldn Tdr;:)f, OZ milli qanunvericiliyi y;:)n;iv;:)sindd, il;:) rdhb;:)r i~9il;:)rin, menecerl;:)rin, miit;:)x;:)ssis\drin v;:) ,,-".H"'"U """Co"'" daxil olmaqla, onun drazisindg ,,~"'''''''''''''' edil;:)cdk milracidtldr;:) vicdanla

MAooa3 S;}rmay;J~i baqqmda miliumatm aida edilmilsi va ~ilffafllq

MADDa4 Milli V;} ;}n ;}lveri~1i rejim

1. Bir Razlhga g~l~n T ;)r~fin milli qanunvericiliyjn~ uygun olaraq oz q~bul etdiyi dig;}r Razlilga g;}I~n T~r;}fin s~rmay~l~rin~ munasib~td~, ox~ar hallarda Q;)bul ed;)n Razlhga g;}l;)n T;)r~fin 0z s~rmay;)<;:il;)rinin v~ ya h;)r hansl u<;:llnCU s;)rmay;)<;:il;)rinin qoydugu s~rmay~l;)r~ t;)tbiq etdiyi rejimd~n u<;:un ~lveri~lidirs~) az ~lveri~Ii olmayan rejim t~tbiq edir.

MADD{}S

h;:}m<;:inin, ekspropriasiya vaxtmdan real od;mi~ vaxtma q;:}d~r bu ~sasmda mii~yy~n edil~n kommersiya d~r~c~si iizr~ faizi d~ daxil edilir.

4. S~rmay~l~ri ekspropriasiya edilmi~ s~rmay~<;:i onun i~inin v~ bu Madd~d~ oIunmu~ prinsipl;)r~ miivafiq qaydada onun s~rmay~l~rinin qiym~tI~ndirilm~sinin V;) kompensasiyanm od~nilm~sinin Q~bul ed~n Razlliga g~l~n T~r;)fin m~hk;)m~ V;) s~lahiyy;)t1i orqam t~r;)find;)n t;)xir~ salmmadan yenid;)n baxIlmasl hiiququna

MADDa6 Zararlara gora kompensasiya

e. 5-ci VJ 6-Cl maddJyJ uygun olaraq 6dJniimJIi olan kompensasiyalar; f. sJrmay;min tam VJ ya qism~n satl~mdan V;) ya 6zg~ninkil~~dirilm~sind~n edil~n v~saith::jr; g. s~rmay~ iI~ bagb i~lJydn xaricd~n CJlb olunmu~ kadrlarm Vd miikafatIar daxildir; h. idardetm~ xdrcl~ri ild bagh 6ddm~ldr; l. miibahis;min t~nzimldnmdsind~n ir~li

MADDas Daha alveri~li

----1 II;;) bagh buttin huquqiann V;;) t;;)i;;)bi;;)nn zamin;;) veriim;;)sini V~ zaminin bu cur huquqlan I V~ t~l~bl;;)ri ilkin s~nnay~~i q;;)d~r h~yata ke~inn~k huququna malik oldugunu tamylr_

MADDa 10 Maslahatla~malar

RazllIga g~l~n T~r~fl~r , onlardan h~r hansl birinin muraci;;Jti ~sasmda, bu Sazi$l~ ;;)laq;;Jdar aralannda yaranan h;;Jr hansl bir mubahis~nin h~ll ediim;;Jsi, V;;J ya bu Sazi$in yerin~ yetirilm;;)si V~ ya t~tbiq edilm~si il~ bagh h;;)r hansl bir m~sgbnin n;;Jz~rd~n ke~irilm~s i, V~ ya bu Sazi$dgn ir~ii g~l;;) biI;;)c;)k h;)r hansl dig;)r m;)sdl ~nin oyr~nilmdsi u<;:un t;)xir~sal mmaz mgsigh;;)tl~$m;;)l;)r ke~inn~y;) razlla$Irlar. Bel~ m;)si;;Jh;)tig$m;)l;)r Razlhga ggl~n T;;)r~fl ;;)r arasmda diplomatik kanallar vasit;;)silg razlla$dmlml$ yerd;) v~ vaxtda Razlhga g;)ign Tgr~flgrin s;)l ahiyy~tli orqanlan arasmda h;)yata ke<;:irilir.

MADDa 11 imtiyazlarm (faydalarm) verilmasindan imtina

1. Razlhga gglgn T;;Jr;;Jf diggr Razlhga g;)l;;)n T;;)r;;)fin s;;)nnay;)<;:isin;;J V;;J ya h~min sgnnay~<;:inin s~nnay~l~rin~ munasib~td~ bu Sazi$in verdiyi imtiyazlardan, 0 cuml~d~n mubah i s;)i~rin h;;)lli u<;:tin muraci~t edilm;;)si V;;) ya prosesin davam etdirilm~si huquqlarI da daxil olmaqla, verdiyi imtiyazlardan (faydalardan) a$aglda gost;)ril;)n hallarda imtina ed;;) bil~r: - S ~rmay~<;:inin u<;:uncu dovI~tin V;) ya imtiyazlann (faydalann) verilm;)sind;)n imtina ed;;)n Razlhga gdi~n T~r;)fin dovI;)tinin v~t:mda$hgma malik olan $~XSg mgxsus oldugu Vg ya onun t;)rgfind;)n n;;)zar~t edildiyi halda; - V;) ya sgnnaY;;)vinin dig;)r Razlhga g;;)l;)n Tgr~ fin dovl;)tinin ~razisind;) real biznes f;)aiiyy;;)ti ilg m;)$gul olmadlgl halda_

2_ Anla$llmazhgm yaranmamaSl u'(un, bir d~f;;) t;)tbiq ediidikd~n sonra, bu cur imtina biittin V;) ya mu;)yygn qrup sdnnaY~vil;)r;) v~ ya S;;)rmaY;)9il~rin s~nnaygl;)rin~ , movcud V;) ya g~l~c~k s;;)rmaygvi Vg ya s~nnay~igr;) t;)tbiq edilg bil~r.

MADDa 12 Razlhga galan Tar3f1ar arasmda miibahisalarin ham

1. Bu Sazi$in tgfsiri v~ t~tbiqi il~ bagh Razlliga g~l~n T~r~ fl ~r arasmda yarana bii;)c~k mubahis;)i;)r mumktin q~d~r qlsa miidd;)t ~rzind~, dam$lqlar yolu ib h;)ll edilir.

2. 8g~r mubahisg hgr hansl bir RazliIga gdl;)n T~r;)fi n bel;) danI$lqlann ba$lanmasl tarixind;m etibargn altl (6) ay ~rzindg bu yolla h;)11 edilg bilm~zsd, 0 hgr hansl bir

Razlhga ggl~m Tgrgfin miiracigti gsasmda bu Maddgyg gsasgn yaradliacaq Arbitraj Mdhk;}mgsind verilir.

3. Arbitraj MghbmdSi a~agldakI qaydada tdsis olunacaqdlr: Arbitraj haqqmda miiracigtin almdlgl tarixddn etibargn iki (2) ay Razlhga gglgn T;}r;}f Mghk;}mgnin bir iizviinii tgyin edir. Soma bu iki ilzv h;}r Razlitga gglgn Tgr;}fin razlhgl gsasmda M;}hkgmgnin S;}dri kimi olunacaq U'r'''U'"U dovl;}tin vdt;}nda~ml se9iri;}r. Sgdr diggr iizviin soma dord ay '"Ir7rntil'\

Razlhga g~l;:)n T;:)r;:)fin paytaxtl olacaq. Mtibahis~min i~tirak91s1 olan T;:)r;:)fin danl~lqlarda i~tirak etm;:)kd;:)n imtina etm;:)si s~b;:)binddn madd;:)nin 2-d b;:)ndind~ gost;:)ril;:)n mtibahis;:) h;:)lli proseduruna htiququnu m;:)hdudla~dlra v;:) ya onun qar~lsml ala bilm;:)z.

2. S;}rmay;} yattnlan Razlhga g;:)l;:)n T;}r;}fin milli qanunvericiliyind uygun dig;:)r Razlhga g;:)l;:)n T;}r;:)fin s;:)rmaY;:)yisin;:) mtinasib;:)td;:) mtibahis;:)l;:)rin vasit;:)\;:)ri oz dovl;:)tinin s;:)rmaY;:)yisin;:) v;:) iic;iincii dovl;:)tin s;:)rmaY;)yisind ;:)lveri~li olmayan (s;;lrmaY;;lc;i iic;tin hansl daha ;)lveri~lidirs;;l) tdtbiq \"u",,-,,,,, ..,,,

mtibahis;} bildirildiyi seyimi

sdrmay;:) v;:)ya tarixind;:) V a~inqtonda v;:) dig;:)r Dovl;}t1;:)rin v;:)t;:)nda~lan arasmda tizr;:) konvensiyaya uygun olaraq Beyn;:)\xalq Mdrbz;:) (bundan sonra Milldtl;1r T;:)~kilatmm ("UNCITRAL") Arbitraj Qaydalarma

Bu Sazi~in mi.idd~alafl Razlhga g~l~n T~r~fl~rd~n h~r hansl birinin t~mfind~n dig~r Razlhga g~l~n T~r~fin dovl~tinin ~razisind~ bu Sazi~in minm~si tarixind~n ~vv~1 v~ ya sonra movcud olan s::lrmaY::lI::lr~ t~tbiq olunacaq. Lakin bu Sazi~in mi.idd~alafl onun gUVVgyg minmgsindgn Jvvgl ba~ verdiyi hallardan mi.ibahis::lI~r~ V::l ya onun qi.ivv~y~ minm~sind~n ~vv~l h~ll olunmu~ mlibahis~l~r~ olunmayacaq.

MADDa 15 alav;) V3 dayi~ikJikJ;,)r

MADDa 16 Qiivv<lya minm;)si, miidd;)ti V<l qiivv3dan dii~m;,)si

prosedurlann gond~rdikl~ri sonuncu

AGREEMENT BETWEEN THE COUNCIL OF MINISTERS OF THE REPUBLIC OF ALBANIA AND THE GOVERNMENT OF THE REPUBLIC OF AZERBAIJAN FOR THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS

as

ARTICLE I

Definitions

2. The tenn "investor" means: a. any natural person having the nationality of a Contracting Party its State laws; b. a company or other legal entity incorporated or duly constituted in with applicable State law of one Contracting Party and conducting substantial business activities within the state Contracting Party

who makes an accordance with the 1'"'10'..';)1<""'\)'11 controlled by persons

investments in its state territory, including authorizations for engaging executives, managers, specialists and technical personnel of the investors' choice.

3. Investments made by investors of one Contracting Party in the state territory of the other Contracting Party in accordance with its legislation of treatment of aliens of latter Contracting Party, shall at all times be accorded fair and equitable treatment and shall enjoy full protection and security.

4. Neither Contracting Party shall in any way impair by unreasonable, arbitrary or discriminatory measures the operation, management, maintenance, use, enjoyment expansion, acquisition or disposal of such investments.

5. Each Contracting Party shall not impose mandatory measures on investments by investors of the other Contracting Party concerning purchase of materials, means of production, operation, transport, marketing of its products or similar orders having unreasonable or discriminatory effects.

ARTICLE 3

Getting information about investor and Transparency

1. Host Contracting Party has the right to seek information from a potential investor or its home state about its corporate governance and its practices as an investor, including in its home state. Host Contracting Party shall protect confidential business information they receive in this regard. Host Contracting Party may make the information provided available to the public in the community where the investment may be located, subject to the protection of confidential business information and to other applicable national legislation.

2. Each Party shall ensure that, to the extent possible, its laws, regulations, procedures, administrative rulings and judicial decisions of general application, as well as international agreements, which they are party, after their entry into force, which may affect the investments of investors of the other Party in its state territory, are promptly published, or otherwise made publicly available.

ARTICLE 4

National and Most-Favored-Nation Treatment

1. Once a Contracting Party has admitted an investment in its state territory in accordance with its national legislation it shall accord to such investments made by the investors of the other Contracting Party treatment not less favorable than that which it in I like circumstances to investments of its own investors or investors of any third State whichever is more favorable to the investor concerned. I

1

2. Each Contracting Party shall in its state territory accord to Contracting Party as regards their management, maintenance, use, enjoyment or disposal of their investment treatment not less favorable than that, accorded to its own or investors of any third State, whichever is more favorable to the investor

3. The provisions of paragraphs 1 and 2 of this Article shall not be construed so as to oblige one Contracting Party to extend to the investors of the other benefit of any treatment, preference or privilege, resulting from: a. membership to any or future trade area, common market, customs monetary union or any other regional "''''~nr'rnt h.

ARTICLE 5

Expropriation

Compensation for Loses

Investors of one Contracting Party whose investments in the state territory other Contracting Party suffer loses owing to war or other armed conflict, a state national emergency, revolt, insurrection, civil disturbance, natural disaster or any similar event, shall be accorded by the latter Contracting Party, as regards indemnification, compensation or other forms of settlement, no favorable which latter Contracting Party accords to its 0~'I1 third State, whichever is more favorable to the investor freely '"n'\/f>rr

ARTICLE 7

Free Transfers

applicable rate of exchange shall be the most recent rate of exchange for currencies into Special Drawing Rights.

Notwithstanding paragraphs 1 and 2 above, a Contracting Party may n.-"'''An delay a transfer through the equitable, non-discriminatory, and good faith application measures ensuring investors' compliance with the Host Contracting Party's to: payment b. bankruptcy,

ARTICLES More favorable terms

ARTICLE 9

Subrogation

ARTICLE 11

Denial of Benefits

1. Contracting Party may deny the benefits of this Agreement, including commence or to continue dispute settlement proceedings, to an Contracting Party and to the investments of that investor, - the investor is owned or controlled by persons having the is not a Contracting Party or of the denying investor conducts no substantial VU.~H!""""

ARTICLE 12

Settlement Disputes between the Contracting

international law applicable between the Contracting Parties. The Arbitral Tribunal reach its decision by a majority of votes. Such decision shall final and binding each Parties. Each Contracting Party shall bear the cost of its 0\\;11 arbitrator and representation in the arbitral proceedings. The cost of the Chairman and costs shaH be borne in equal parts by both Contracting Parties.

ARTICLE 13

Settlement of Disputes between the Contracting Party and an Investor of the other Contracting Party

5. Neither of the Contracting Parties, which is a party to a dispute, can raise an objection, at any phase of the arbitration procedure or of the execution of an arbitral award, on account of the fact that the investor, which is the opposing party of the dispute, had received an indemnification covering a part or the whole of its losses by virtue of an msurance.

6. Dispute shall be resolved in accordance with law, applying the terms of this Agreement, the State law of the Contracting Party to the dispute, and principles of public international law.

7. Such award shall be final and binding for the parties to the dispute and shall be executed according to national legislation.

ARTICLE 14

Application of the Agreement

The provisions of this Agreement shall apply to investments made by investors of one Contracting Party prior to as well as after the date of entry into force of this Agreement, and shall be applicable from the date of its entry into force, but it shall not apply to any dispute concerning an investment which arose, or any claim, which was settled before entry into force of this Agreement.

ARTICLE 15

Additions and Amendments

Any additions and amendments may be made to this Agreement by mutual consent of the Contracting Parties. Such additions and amendments shall be made in a form of separate protocols being an integral part of this Agreement and shall enter into force in accordance with the provision of Article 16 of this Agreement.

ARTICLE 16

Entry into Force, Duration and Termination

1. This Agreement shall enter into force 30 (thirty) days after receipt of the last \witten notification by which the Contracting Parties inform each other on the completion of the internal procedures required for its entry into force.

2. This Agreement is signed for uncertain period of time and shall remain in force unless one Contracting Party notifies the other Contracting Party through diplomatic channels in writing of its intention to terminate it. The termination of this Agreement shall become effective until the expiration of a twelve month period after notice of termination has been received by the other Contracting Party.

1

3. In respect of investments made prior to the date of the termination of this Agreement the provisions of Articles 1 to 15 shall continue to be effective for a period of ten years from the date of notification about its termination unless otherwise agreed between the Contracting Parties.

Done at Baku on the 9 th of February, 2012, in two originals, in the Albanian, Azerbaijani and English languages, all texts being equally authentic. In case of any divergence of interpretation and application, the English text shall prevail.

For the Council of Ministers of For the Government of the Republic of Azerbaijan as:::~a~

(

te te Republikes se Shqiperise dhe Qeverise te Republikes se Azerbajxhanit mbi Nxitjen dhe Mbrojtjen Reciproke te Investimeve

i Ministrave Republikes se Shqiperise Azerbajxhanit, quhen "Palet Kontraktuese",

me

Neni 1

e

pronesise industriale (te drejtat per shpikjet, modelet e perdorimit, modelet ,nl1l1'''lrl markat tregtare dhe treguesit gjeografike), proceset teknike, ekspertiza dhe vullneti mire;

te drejtat per te ndermarre aktivitete ekonomike dhe tregtare qe caktohen me ne baze te nje kontrate, duke perfshire koncesionet per kerkimin, kultivimin, ose shfrytezimin e burimeve natyrore.

do te

me

1 Secila Pale Kontraktuese inkurajon dhe krijon kushte te favorshme shteteror te saj per investitoret e Pales tjeter Kontraktuese per te bere territorin e Shtetit dhe i pranon keto investime ne pajtim me legjislacionin e brendshem.

2. Secila Pale Kontraktuese, brenda kuadrit te saj legjislativ, shqyrton ne te gjitha kerkesat per lejet e nevojshme ne lidhje me investimet ne territorin e shtetit te duke perfshire autorizimet per angazhimin e punonjesve dhe teknik sipas zgjedhjes se

Marrja e informacionit per i.nJ ..",tl dhe

ne nj/:' monedhe lirisht te kembyeshme normes se kembimit te tregut qe zbatohet per ate monedhe ne daten e Kompensimi perfshin gjithashtu interesin sipas normes tregtare te vendosur me tregu per monedhen ne tjale nga data e shpronesimit deri ne daten e Kompensimi paguhet pa vonese, eshte efektivisht i reaJizueshem dhe transferueshem.

4. Investitori i interesuar ka te drejten e gjyqesor ose nje autoritet tjeter kompetent se tij, perfs hire ne kete Nen.

Neni 6 Kompensimi per humbjet

te ardhurat nga investimet, sipas perkufizimit ne Nenin 1; d) pagesat ne lidhje me kontratat, duke perfshire marreveshjet e) kompensimet e parashikuara sipas Neneve 5 dhe 6; f) shumat nga shitja e plote ose e pjesshme ose likuidimi nje g) pagat dhe shperblimet e tjera per personelin e punesuar te ardhur ne lidhje me nje investim; pagesat ne lidhje me e menaxhimit; nga zgjidhja e

Neni 10 Konsultimet Palet Kontraktuese bien dakord te konsultohen menjehere, me zgjidhjen e mosmarreveshjeve qe lindin ndermjet tyre ne lidhje me te rishikojne ydo <;:eshtje mbi zbatimin e kesaj Marreveshje ose te CI",,'HFf"TA' te Marreveshje. Keto Kontraktuese ne

Neni 11 Refuzimi i perfitimeve

Neni 12

emerimet e nevojshme, secila Pale Kontraktuese, nese nuk eshte rene dakord ndryshe, mund te ftoje Kryetarin e Gjykates Nderkombetare te Drejtesise per te bere emerimet e nevojshme. Nese Kryetari eshte shtetas i nje Pale Kontraktuese, ose nese pengohet ne permbushjen e ketij funksioni, Zevendes-Kryetari ftohet per te bere emerimet e nevojshme. Nese Zevendeskryetari eshte shtetas i nje Pale Kontraktuese ose pengohet ne ushtrimin e ketij funksioni, anetari Gjykates Nderkombetare te Drejtesise pas ne detyre, i cili nuk eshte shtetas nje Pale Kontraktuese, ftohet te e nevojshme.

Neni 13 Zgjidhja e mosmarreveshjeve per investimet ndermjet nje Pale Kontraktuese dhe nje investitori te Pales tjeter Kontraktuese

themeluar me Konventen e Uashingtonit te dates 18 mars 1965, Mosmarreveshjeve te Investimeve nderrnjet Shteteve dhe Shtetasve te nese te dyja Palet jane bere Pale ne kete Konvente. c) nje gjykate nderkombetare arbitrazhi ad hoc te themeluar ne pajtim me e Arbitrazhit te Komisionit te Kombeve te Bashkuara per te Drejten Nderkombetare Tregtare (UNICITRAL);

4. Nje investitor qe ka paraqitur nje pretendim ne Jidhje me sjelljen ose mas en e Kontraktuese qe pretendohet te kete shkaktuar mosmarreveshjen tek gjykata e Shtetit te Pales Kontraktuese ose ne nje procedure te rene paraprakisht aallW!'a e mosmarreveshjes, nuk te ta paraqese ne

Neni 14 Zbatimi Marreveshjes

ALBANiY A RESPUBLiKASI NAZiRLaR SURASI va AzaRBA yeAN RESPUBLiKASI HOKUMaTi ARASINDA SaR1\fA YaLaRiN TasviQi va QARSILIQLI QORUNMASI HAQQI~DA

SAziS

d. dqli rnUlkiYYdt hiiquqlan (rniidlliflik hiiququ, dlaqdli hiiquqlar, sxern topologiyalarma Vd rndlurnat toplulanna hiiquqlar) Vd sdnaye rnUlkiYYdti hilquqlan (ixtiralar, faydah rnodelldr, sdnaye rnodelldri, drntdd ni$anlan V;} gostdricildrd olan hiiquqlar); texniki prosesldr, "nou-hau" Vd "qudvil"; e. qanunla Vd ya kontrakt dsasmda iqtisadi Vd ticardt f~aliyydtinin ke<yirilrndsind verildn hUquqlar, 0 ciirnldddn t;)bii ehtiyatlann hasilatl Vd ya istisrnarl iizr;) konsessiyalar.

digdr Razlhga oiaraq SdrrnaY;:J dovldtinin

MADDa2 SarmaYillilrin til~viqi Vi} qorunmaSI

Hdr bir Razlhga gdldn Tdrdf digdr Razlhga s;)rmay;)nin yatmlrnaSI u<;un dlveri~li yaradlr Vd qanunvericiliyind uygun olaraq qdbul edir.

MADDa3 haqqmda malum:atm edilm;}si

MADDfl4 Milli V<J <JD ;)lveri~1i rejim

I. Bir Razlhga g::ll:m T::lr::lfin milli qanunvericiliyin::l uygun olaraq OZ q::lbul etdiyi dig::lr Razlhga g::ll;}n T;}r;}fin sGrmay;}i;}rin::l mtinasibGtd::l, ox~ar hallarda Q;}bul ed::ln Raz1l1ga g::ll::ln T;}r::lfin 02 S::lrmaY~9il~rinin V::l ya h::lr hanSl uytincu S::lrmaY::li(il::lrinin qoydugu s~rmaY::lI~r;} t~tbiq etdiyi rejimd;}n az olmayan t;}tbiq

MADDas

h~mt;inin, ekspropriasiya vaxtmdan real od~ni~ vaxtma qdd~r bu dsasmda mu~yy~n edil~n kommersiya d~r~c~si uzr~ faizi d~ daxil edilir.

4. S~rmay;)l~ri ekspropriasiya edilmi~ sdrmay~t;i onun i~inin v~ bu Madd;)d~ olunmu~ prinsipl;)r;) muvafiq qaydada onun s~rmay;)l;Jrinin qiym;Jtl;mdirilm;Jsinin kompensasiyanm od;milm~sinin Qgbul ed~n Razlhga g~Ign Tgrgfin mghk;)m;) s;JlahiYY;Jtli orqam tgrgfind;Jn t;Jxir;) sahnmadan yenid;:m baxIlmasl

MADDa6 Z<lr<Jrl<lra gor<l kompensasiya

e. V~ 6-CI madd~y~ uygun olaraq 6d~nilm::lli oIan f s~rmay~nin tam V~ ya qism~n satl;;mdan ya A7n"\,nn-. edil~m v~saitl~r; g. s::lrmay~ il~ bagh i;;l~y~n xaricd~n c~lb olunmu~ kadrlann miikafatlar daxildir~ h. idar~etm~ x~rcI~ri il;;) bagh 6d;;)m;;)l;;)r; L miibahis~nin t~nziml;;mmdsind;;)n ir;;)1i

MADDas Dahs alveri~li

Razlhga gdidn Tdrdfin muracidti dsasmda bu Madddyd dsaSdn Mdhkdmdsind verilir.

3 Arbitraj Mdhbmdsi a~agldakl qaydada tdsis olunacaqdlr: Arbitraj haqqmda mliracidtin almdlgl tarixddn etibardn iki (2) Razlhga gdl~m T drdf Mdhbmdnin bir iizvunu tdyin edir. Sonra bu Razlhga gdldn Tdrdfin razlhgl dsasmda Mdhbmdnin Sddri kimi d6v\dtin vdt~mda~ml se9irldr. Sddr digdr iki ilzvun sonra d6rd ay drzindd tgyin olunur.

Raz!llga paytaxtl dam!?lqlarda i!?tirak etm;:)kd;:)n imtina madd;min b;:)ndind:') gost;:)ril:')n mUbahisd hdlli proseduruna hUququnu m;:)hdudla~dlra v;:) ya onun qar$lSlm bilmdZ.

Bu Sazi~in mudd~alan Razlhga g~l~n T~rdfldrddn hdr hansl birinin t;;>r;;>find~n dig;;>r Razlhga g~l~n T~r~fin dovl;;>tinin ;;>razisind;;> bu Sazi~in minm~si tarixind~n ;;>vv;;>l v~ ya sonra movcud olan s;;>rmaYdl;;>rd tdtbiq olunacaq. bu Sazi~in mudddalan on un qilVVdy;;> minmdsinddn dvvdl ba$ verdiyi hallardan milbahisdidrd v;;> ya onun qilVVdy;;> minm;;>sind;;>n ;;>vv;;>l hdll olunmu~ milbahisdldr;;> olunmayacaq.

MADDa 15 alav<l va dayi~ildik1<lr

MADDa 16 QfiVV;}Y3 minm<lsi. mfiddati vt) qiivv;)d;)n

AGREEMENT BETWEEN THE COUNCIL OF MINISTERS OF THE REPUBLIC OF ALBANIA AND THE GOVERNMENT OF THE REPUBLIC OF AZERBAIJAN FOR THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS

The Council of Ministers the Republic Republic Azerbaijan, hereinafter referred to as the

Definitions

2. The term "investor" means: a. any natural person having the nationality of a III State laws; b. a company or other legal entity incorporated or duly constituted in with applicable State law of one Contracting Party and having conducting substantial business activities within the state Contracting Party

investments in its state territory, including authorizations for engaging executives, managers, specialists and technical personnel of the investors' choice.

3. Investments made by investors of one Contracting Party in the state territory of the other Contracting Party in accordance with its legislation of treatment of aliens of latter Contracting Party, shall at all times be accorded fair and equitable treatment and shall enjoy full protection and security.

4. Neither Contracting Party shall in any way impair by unreasonable, arbitrary or discriminatory measures the operation, management, maintenance. use, enjoyment expansion, acquisition or disposal of such investments.

5. Each Contracting Party shall not impose mandatory measures on investments by investors of the other Contracting Party concerning purchase of materials, means of production, operation, transport, marketing of its products or similar orders having unreasonable or discriminatory effects.

ARTICLE 3

Getting information about investor and Transparency

1. Host Contracting Party has the right to seek information from a potential investor or its home state about its corporate governance and its practices as an investor, including in its home state. Host Contracting Party shall protect confidential business information they receive in this regard. Host Contracting Party may make the information provided available to the public in the community where the investment may be located, subject to the protection of confidential business information and to other applicable national legislation.

2. Each Party shall ensure that, to the extent possible, its laws, regulations, procedures, administrative rulings and judicial decisions of general application, as well as international agreements, which they are party, after their entry into force, which may affect the investments of investors of the other Party in its state territory, are promptly published, or otherwise made publicly available.

ARTICLE 4

National and Most-Favored-Nation Treatment

1. Once a Contracting Party has admitted an investment in its state territory in accordance with its national legislation it shall accord to such investments made by the investors of the other Contracting Party treatment not less favorable than that which it in like circumstances to investments of its own investors or investors of any third State whichever is more favorable to the investor concerned.

2. Each Contracting Party shall in its state territory accord to Contracting Party as regards their management, maintenance, use, of their investment treatment not less favorable than that, accorded to own or investors of any third State, whichever is more favorable to the investor concerned.

3. The provisions of paragraphs 1 and 2 of this Article shall not be construed so as to oblige one Contracting Party to extend to the investors of the other benefit of any treatment, preference or privilege, resulting from: a. membership to any existing or future trade area, common n011el,ary union or any other regional pr'r,nr.rn

ARTICLE 5

Expropriation

Compensation for Loses

1. Investors of one Contracting Party whose investments the state territory of other Contracting Party suffer loses owing to war or other armed conflict, a state national emergency, revolt, insurrection, civil disturbance, natural or any similar event, shall be accorded by the latter Contracting Party, as regards indemnification, compensation or other forms of settlement, no the Party accords to is more favorable to

ARTICLE 7

Free Transfers

applicable rate of exchange shall be the most recent rate currencies into Special Drawing Rights.

3. Notwithstanding paragraphs 1 and 2 above, a Contracting Party delay a transfer through the equitable, non-discriminatory, and good faith UIJU'''v~'U measures ensuring investors' compliance with the Host Contracting relating to: a. the payment b. bankruptcy,

ARTICLE 8

More favorable terms

ARTICLE 9

Subrogation

ARTICLE 11

Denial of Benefits

Contracting Party may deny the benefits of this Agreement, commence or to continue dispute settlement proceedings, to an Contracting Party and to the investments of that investor, - the investor is owned or controlled by persons having the is not a Contracting Party or denying or investor conducts no the

ARTICLE 12

Settlement Disputes between tbe

law applicable between the Contracting Parties. The Arbitral decision by a majority of votes. Such decision shall be final and Parties. Each Contracting Party shall bear the cost of its own arbitrator and in the arbitral proceedings. The cost of the Chairman and costs be borne in equal parts by both Contracting Parties.

ARTICLE 13

of Disputes between the Contracting Party and an Investor of the other Contracting Party

5. Neither of the Contracting Parties, which is a party to a dispute, can raise an objection, at any phase of the arbitration procedure or of the execution of an arbitral award, on account of the fact that the investor, which is the opposing party of the dispute, had received an indemnification covering a part or the whole of its losses by virtue of an insurance.

6. Dispute shall be resolved in accordance with law, applying the terms of this Agreement, the State law of the Contracting Party to the dispute, and principles of public international law.

7. Such award shall be final and binding for the parties to the dispute and shall be executed according to national legislation.

ARTICLE 14

Application of the Agreement

The provisions of this Agreement shall apply to investments made by investors of one Contracting Party prior to as well as after the date of entry into force of this Agreement, and shall be applicable from the date of its entry into force, but it shall not apply to any dispute concerning an investment which arose, or any claim, which was settled before entry into force of this Agreement.

ARTICLE IS

Additions and Amendments

Any additions and amendments may be made to this Agreement by mutual consent of the Contracting Parties. Such additions and amendments shall be made in a form of separate protocols being an integral part of this Agreement and shall enter into force in accordance with the provision of Article 16 of this Agreement.

ARTICLE 16

Entry into Force, Duration and Termination

I. This Agreement shall enter into force 30 (thirty) days after receipt of the last written notification by which the Contracting Parties inform each other on the completion of the internal procedures required for its entry into force.

2. This Agreement is signed for uncertain period of time and shall remain in force unless one Contracting Party notifies the other Contracting Party through diplomatic channels in writing of its intention to terminate it. The termination of this Agreement shall become effective until the expiration of a twelve month period after notice of termination has been received by the other Contracting Party.

3. In respect of investments made prior to the date of the termination of this Agreement the provisions of Articles 1 to 15 shall continue to be effective for a period of ten years from the date of notification about its termination unless otherwise agreed between the Contracting Parties.

Done at Baku on the 9th of February, 2012, in two originals, in the Albanian, Azerbaijani and English languages, all texts being equally authentic. In case of any divergence of interpretation and application, the English text shall prevail.

For the Council of Ministers of For the Government of the Republic of Albania the Republic of Azerbaijan t;h ijv\r(~ {-

objection, at any phase of the arbitration procedure or of the execution of an arbitral award, on account ofthe fact that the investor, which is the opposing party of the dispute, had received an indemnification covering a part or the whole of its losses virtue of an insurance.

6. Dispute shall be resolved in accordance with law, applying the terms of this Agreement, the State law of the Contracting Party to the dispute, and intemationallaw.

Such award shall be final and binding for the the and executed to national

ARTICLE 14

Application of the Agreement

ARTICLE 15

Additions and Amendments

3. Tn respect of investments made prior to the date of the termination Agreement the provisions of Articles I to J 5 shall continue to be effective for a ten years from the date of notification about its termination unless otherwise between the Contracting Parties.

Done at Baku on the of February, 2012, in two originals, in the and English languages, all texts being equally authentic. Tn case of interpretation and application, the English text shall prevail

For the Council of Ministers of For the Government of the Republic of Albania the Republic of Azerbaijan