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Bilateral Economic Agreement between Jordan and Kuwait

Document type
Bilateral
Field of application
Regional/restricted
Date
Oct 19, 1986
Source
FAO, FAOLEX;  IUCN (ID: TRE-150039)
Title (Other)

اتفاق التعاون الاقتصادي والتجاري والفني بين حكومة المملكة الاردنية الهاشمية وحكومة دولة الكويت

Language
Arabic
Subject
Livestock, Agricultural & rural development
Keyword
Education Policy/planning Transport/storage International trade Royalties/fees International agreement-text Agricultural commodities Dispute settlement Capacity building Expropriation Institution Animal production
Abstract

This Agreement is composed of 16 articles. Articles 1 and 2 invite to reinforce and intensify economic and commercial relations and to increase the trade exchange volume. Article 3 decrees the total exemption from taxes and fees of agricultural, animal and natural resource products in the two Countries. Article 4 defines the Jordanian and Kuwaiti industrial products. Article 5 encourages the establishment of expositions and exhibitions in their Countries. Article 6 encourages investments in both Countries. Article 8 prohibits the expropriation and nationalizion of ownerships and investments. Article 10 deals with the total cooperation between in moving and transferring labour forces. Article 11 encourages the education, planning and capacity building of experts and specialists in the both Countries. Article 12 refers to the encouragement of tourism between the two Countries. Article 13 deals with the facilitation of the transportation between the two Countries. Article 15 decrees the establishment of the Joint Committee for monitoring the implementation of this Agreement and for eventual dispute settlement.

Website
www.moa.gov.jo

Country/Territory/Participant

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Countries Entry into force
Jordan -
Kuwait -