AGREEMENT

between the Government of People's Republic of China and the Government of Russian Federation on Cooperation in Antimonopoly Policy & Consumer Protection

signed on Apr.25,1996

this copy is just for reference in APEC database

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Bearing in mind the importance and common interests shared by two sides in the field of strengthening antimonopoly policy and consumer protection, on the basis of equality and mutual benefit, the Government of the People's Republic of China and the Government of Russian Federation (hereinafter refereed to as ��the two Governments禮), conclude the following agreement concerning bilateral cooperation and exchanges:

Article 1

The two Governments will provide each other with documents and materials of formulated policies, laws, regulations and rules as well as relevant statistics in respect of their own functions, including:

1. Documents, laws, regulations and rules regarding antimonopoly and countering unfair competition;
   
   
2. Documents, laws, regulations and rules regarding the protection of consumers' rights and interests;
   
   
3. Documents, laws ,regulations and rules regarding the administration of advertising industry.

If possible, the two sides should exchange investigation cases regarding monopoly, unfair competition and infringement upon consumers' rights and interests.

Article 2

The two Governments will carry out cooperation in strengthening antimonopoly and consumer protection:

1. One side should provide protection in sphere of fair competition for the other side's enterprises which operate in its territory;
   
   
2. One side should inform the other side about the counterfeitness, provide detailed materials and evidence concerning the commodities imported from the other and their problems that may damage consumers' health and safety. The other side, within its area of practice, should carry out investigation and deal with these issues according to the laws and regulations of its own country;
   
   
3. The two Governments will study the possibility to establish and share the database for the above two cooperative activities.

Article 3

Subject to mutual necessity, the two Governments will host meetings of expert exchanges, seminars, forums, and training workshops concerning antimonopoly and consumer protection.

Article 4

The two Governments will jointly encourage their local offices to establish direct relations with those of the other, and provide guidance and support for their mutual exchanges.

Article 5

Authorities responsible for implementation of activities within the framework of the Agreement are to be:

on the Chinese side, it is State Administration for Industry & Commerce(SAIC)of People's Republic of China;

on the Russian side, State Committee for Antimonopoly Policy and Promotion of New Economic Structure(SCAP) of Russian Federation.

Article 6

The two Governments should make reasonable efforts to settle, through friendly means, all discrepancies and disputes, if any arising from this agreement.

Article 7

The agreement shall come into force on the date of effective signature of the two Governments.

The agreement is signed on         (date) in          (venue).

Two copies of the agreement, written in both Chinese and Russian language, are of equal authenticity and force.

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For the Government of People's                                                     For the Government of Russian
Republic of China                                                                             Federation