On the ratification of the Agreement between the Government of the Republic of Kazakhstan and the Government of the People's Republic of China on the Development of the Trans-Caspian International Transport Route

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On the ratification of the Agreement between the Government of the Republic of Kazakhstan and the Government of the People's Republic of China on the Development of the Trans-Caspian International Transport Route

The Law of the Republic of Kazakhstan dated July 1, 2024 No. 100-VIII SAM.

To ratify the Agreement between the Government of the Republic of Kazakhstan and the Government of the People's Republic of China on the development of the Trans-Caspian International Transport Route, signed in Beijing on October 17, 2023.

President

Republic of Kazakhstan

K. TOKAEV

Agreement between the Government of the Republic of Kazakhstan and the Government of the People's Republic of China on the development of the Trans-Caspian International Transport Route

The Government of the Republic of Kazakhstan and the Government of the People's Republic of China, hereinafter referred to as the Parties,

Guided by the provisions of the Memorandum of Understanding between the Government of the Republic of Kazakhstan and the Government of the People's Republic of China on deepening the development of the Trans-Caspian International Transport Route for Container Trains between China and Europe, signed on May 17, 2023,

Taking into account the agreements reached by the two Heads of State to strengthen the integration of the Belt and Road initiative and the new economic policy of Nurly Zhol,

Considering the close trade relations between the two countries and the countries located along the Trans-Caspian International Transport Route (hereinafter - TMTM),

Recognizing that the TMTM is one of the key projects of practical cooperation between the Republic of Kazakhstan and the People's Republic of China,

Desiring to stimulate the potential of international multimodal transport, increase trade and investment,

proceeding from the desire to create conditions for the conclusion of economically beneficial long-term contracts by interested business entities of the States of the Parties,

based on the principles of equal partnership, mutual benefit and respect,

have agreed on the following:

Article 1

The objectives of this Agreement are to jointly ensure the growth of the competitiveness of TMTM, including the construction of transport infrastructure, the introduction of advanced technologies for the transportation of goods, the development of combined transportation using various modes of transport such as rail, road and water, attracting investments for the development of TMTM, creating favorable conditions for the transportation of goods across the territories of the Parties, as well as the development of logistics centers to attract additional transit volumes and ensure uninterrupted combined transportation.

Article 2

1. The competent authorities coordinating the implementation of this Agreement (hereinafter referred to as the competent authorities) are:

from the Kazakh Side - the Ministry of Transport of the Republic of Kazakhstan;

From the Chinese Side, the Ministry of Transport of the People's Republic of China.

2. The Parties shall immediately notify each other in writing through diplomatic channels about the change in the names of the competent authorities specified in paragraph 1 of this Article, as well as the assignment of these issues to the competence of other bodies.

The parties declare that cooperation between them will be based on the principles of transparency, voluntariness and independence, mutual trust and transparency, parity and mutual benefit.

Each of the Parties will make efforts to ensure favorable conditions for cooperation in the development of TMTM in accordance with the current legislation of the States of the Parties and international treaties to which the States of the Parties are parties.

Article 3

In order to further develop the TMTM within the framework of this Agreement, the Parties shall ensure coordination of actions and take the necessary measures in the following areas:

ensuring proper operational condition and sufficient capacity of transport infrastructure facilities in the territory of the States of the Parties;

strengthening cooperation between agencies in the regulatory fields of transport and enterprises, jointly creating a developing environment to support the stable and effective functioning of TMTM;

implementation of targeted, practical and effective anti-epidemic measures on the route in both directions;

introduction of a mechanism for prior notification of the Parties to prevent downtime of cargo transportation vehicles in the territories of the States of the Parties;

the study of optimal options for the organization of combined transportation and the development by both Sides of transit cargo sources to facilitate the passage of trains or vehicles carrying out transit transportation within their own territories;

attraction of transit and foreign trade cargo from China to Europe by TMTM and in the opposite direction;

assistance in financing port infrastructure projects along the TMTM;

assistance in reducing administrative barriers related to multimodal cargo handling at ports and docking stations;

optimization of logistics and transport operations, reduction of transportation time, improvement of the quality of services provided;

participation in forecasting annual potential freight turnover of TMTM.

Article 4

In order to ensure the implementation of the agreements under this Agreement, as well as in the event of issues related to the organization of transportation, the Parties will carry out the necessary bilateral consultations to develop mutually acceptable solutions.

Article 5

By mutual agreement of the Parties, amendments may be made to this Agreement, which are an integral part of it, formalized by separate protocols that enter into force in accordance with the procedure provided for in Article 7 of this Agreement.

Article 6

Issues and disagreements arising between the Parties in connection with the interpretation or application of this Agreement shall be resolved through negotiations and consultations between the competent authorities of the Parties, including through the use of diplomatic channels.

Article 7

This Agreement shall be concluded for an indefinite period and shall enter into force from the date of receipt through diplomatic channels of the last written notification by the Parties of the completion of the internal procedures necessary for its entry into force.

Each of the Parties may terminate this Agreement by sending a corresponding written notification to the other Party through diplomatic channels. In this case, this Agreement shall terminate upon the expiration of 6 (six) months from the date of receipt of such notification.

Done in Beijing on October 17, 2023, in two copies, each in the Kazakh, Chinese and Russian languages, all texts being equally authentic. In case of disagreement in the interpretation of this Agreement, the Parties will refer to the text in Russian.

For the Government

Republic of Kazakhstan

For the Government of the Chinese Republic

President

Republic of Kazakhstan

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