1. If the domestic law of a Contracting Party or obligations under international law that are currently in force or have been subsequently established between the Contracting Parties in addition to this Agreement contain a provision general or specific, that entitles investors of the other Contracting Party to a regime that is more favorable than that provided for in this Agreement, such provision shall prevail over this Agreement to the extent that it is more favorable to the investor.
2. In all cases where the conditions granted by one Contracting Party to an investor of the other Contracting Party in accordance with national legislation or other provisions of a specific treaty or agreement concluded in accordance with the national legislation of the host Contracting Party are more favorable than those provided for in this Agreement, the most favorable conditions shall apply to that investor.
Article 18. Transparency
Each Contracting Party shall publish or otherwise make available to the public, in accordance with its national law, its laws, regulations, procedures, administrative rulings, and judicial decisions of general application, as well as international agreements that may relate to investments of investors of the other Contracting Party in the territory of the first Contracting Party.
Article 19. Entry Into Force and Amendments and Additions
1. This Agreement shall enter into force on the date of receipt through diplomatic channels of the last written notification of the completion by the Contracting Parties of the internal procedures necessary for its entry into force.
2. The Contracting Parties may, by mutual agreement, make amendments and additions to this Agreement, which shall form an integral part thereof and shall be formalized in separate protocols, which shall enter into force in accordance with the procedure provided for in paragraph 1 of this Article.
Article 20. Duration and Termination
This Agreement shall remain in force for a period of 10 (ten) years and shall be automatically renewed for similar periods, unless, no later than one year before the expiration of the initial or any subsequent period, one of the Contracting Parties notifies the other Contracting Party through diplomatic channels of its intention not to renew this Agreement.
The termination of this Agreement shall not affect its implementation in relation to investments made during its term for a period of 10 (ten) years from the date of its termination, unless the Contracting Parties agree otherwise.
Conclusion
In witness whereof, the undersigned, duly authorized by their respective governments, have signed this Agreement.
Done at Ashgabat on October 10, 2024, in two copies each in the Kazakh, Turkmen, and Russian languages, all texts being equally authentic. In case of discrepancies between the texts of this Agreement, the Contracting Parties shall refer to the Russian text.
For the Government of the Republic of Kazakhstan
For the Government of Turkmenistan