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,ll ACREEMENT BETWEEN THE COVERNMENT OF CEORGIA AND THE EUROPEAN IIWESTMENT BANK RECARDING THE ESTABLISHMENT OF PRIVILEGES AND IMMUNTTIES FOR THE BANK'S REPRESENTATTVE OFFICE Thc Govemmcnt ofGaorgia and thc Europcan InvcsEnent Bsnk, an intemalional organisation with legel p€Eonality, constituted by thc Treaty €stablishing thc European Commurity (Trcaty of Romc of 25 March I 957), at prescrt knon,rl as the Treaty on the Functioning of the European Union, rhe Mcmbcr Slatcs of which arc lhc samc as thc Member Siates of the Europran Union (hcrcinaftcr 'the EIB') (collectively hcreinafler rcfcrrcd lo Es 'the Parti6', each ofthcm'a Parry'), HAVING REGARD to thc Associstion Agrecmcnt between th€ Europesn Union and the Europ€an Atomic Energy Communily ard their Member Statcs, of0rc onc pafl, and Georgi4 of thc othcr part, dalcd 27 Junc 2014, WISHING lo srcngthcn the relations bctwcen lhe Partics and to facilitalc attainmcnt of thc objcctivrs of the E&ste6 Partnemhip as s spccific dimcnsion ofthe Europcar Ncighbourhood Policy, WISHING to agrcc on tcrms conccrning thc 6t!blishment, l*ithin the lenilory ofG€orgia, of 0 R€prescntative Offrce of the Euopean lnvEtrrent Bank (hcrcinaflcr'thc EIB Represenlative Omce') and lhc privilcges and immunities ther€of, WHEREAS the Framework Agreement dated 2l June 200? belween Georgia aDd the Euopean lnvcshnml Bmk govcming thc Bank's 6ctiviti6 in Ccorgia (hercinsflcr'the FEmework Agrcemenl') alreody lays dorvn provisions to ensure cert8in ri8hts ond privilcges for thc EuropeaD Inv€stment Bank 8rd its strff, CONSIDERINC thst (hc Govcmrnent ofGcorgia recognises thc imporiance ofsstablishing a locrl EIB Represcntativc offic! within ils tcnilory, CONSIDERING rhat the EIB Rcpr6cntativc Officc, and lhc Dclcgation of thc Europcan Unioq the latler having beer Feviously established in Georgi4 fsll within the srflc legal framework, being govdncd by lhc intcrnstionll rul6 regulating diplomslic relstions and more paiiculsrly by the legal provisions ofthe Vicma Convention on Diplomstic Rclations of l8 April l96l (hercinafter 'thc Vicnoa Convgrtion'), CONFTRMING lhat the Govcrnmtnt of Gcorgia considcts lhat the EIB Reprcsenlstive Of6ce, iis sgents 6nd cmploy.€s ord ftc mcrnbas ofits int.rnsl luthoritics sh8ll bcflefil, by vifiuc of the prescnt agr€anent (hercinaner refened to as 'the Repres€ntative Office Agrcemcnt'), from a rcgime that is at l6n corhpaiablc to thst graolcd lo thc DclcEation of the Eu.opean Union End to its ofEcials, a8ents End members, o.L ,ll HAVE AGREED AS FOLLOWS: Articlc I l. Thc Govemmcnt ofccorgia ag.cr3 to thc .stablishmcnt, within lhc tcEilory of Gcorgia, of aD EIB Rcpres€ntstive Officq This Rcpras€itative Omc€ is int€ndcd principslly to cnsulc accomplishmcnt of6c aciivitiB ofthc EIB in Gcorgia, Armcnia and Azcrbaijsn with lhc possibility to cxtcdd to some additionll counhics in the greater region in thc futuae. 2. The EIB ReprEscfltative Office is inlcnd€d principally to conducl thc activilies dcrivinS from thc objcaivcs of thc Esst.fn Parhcrship (or ary initiativc rcplacing it) md of $. EIB in gcnaal. Articlc 2 l. In the tenitory ofceorgia, the EIB has legol pcrsonrlily. 2. The EIB has full legel crpscity and in parricul& capscity to conclude contracts, acquirc End dispose of immovablc snd movablc propcrty ard bc a pafly to lny judicial or administrativ. procccding and slso to crrry on any ofler octivity provided for in its Statulc or directly pursuing Urc objcctivcs hid down in its Statulc. 3. The propcrty of the EIB snd of its RepEs.$tativc OfEc.e, of any kind whaGocvcr, rcgardlcss of whcre it is locatcd and in whosc posscssion il is, including thc alchives and corr6pondcncc of the EIB, shall bc cxcmpt tom any kind of intsusion, .egisFation, confiscstion, requisition, eiproprialion or any foIm of connol or aflschment by any adminislrEtivc, legislativc or judicial !ct- A.ticl. 3 L In lhc tcrdtory ofc.orgi4 thc EIB Rcpr6cntativc Omcq its Hcad and lhc mcrnbers of irs intemal aulhorities and ils staff,8rd slso ihcir family manbers, sh6ll, in accordancc with thc provisions ofthc victtr|a Convcntion, Grjoy the samr privilrges and immunitics as tlrcse graltcd to diplomatic missions .c.r.dit.d to Georgia, the heads theieof and the mcrnbcts of their staff and also to thcir farnily mcmbe1s. 2- The privileges and immunilics grantcd to thc Hcad of thc EIB Rcprcscntalive OfE.c, thc mcmbcrs of its intcmal suthoriti6 ard its staff ond thcir fanily members, in accordancc with thc foregoing paraglaph shall not b€ gantcd !o pclsons who slc nationols or pcrman.nt rcsidcnts of Gcorgia. 3. The Covemmcnt of Ceorgia shall rrcopisr lhc /arbJ6 pdsier issud by lhc Prcsidcnt of thc EIB to its cmploy!.s in lccordancc with Article 6 of the Protocol on the Privilegcs urd lmmunitics of the EuroPcan Union as a valid tr8vcl documert. .D L. 2 \ ,tl Article 4 L The Covemment of Georgio shall sdopt all ncclssary mcasucs lo Prolcct lhc Prcmises of the EIB Reprqsentativc Of6cc ogaiost any inhusion or drmage and sny act intcrded lo upset pobli; order within the prerniscs ofthc EIB on the ssmo tentls as those affordcd to diplomatic missions accreditcd to Georgis. Thc EIB shall in due timc Pass to thc Govqnment of Gcoagia the requisitc infomation concerning lhe situation and chaiacteristics of the premis€s of hc EtB R.pr(scntative of6cc arld thc rcsidence of the Hcad ofthe EIB Reprcsentalive Officr' 2. The Govemmcnt of Ocorgia, awatc of thr rcgional and intemational &sPects of thc 6Jncion3 athibuled to the EIB Repres€ntative officc whidl Bo b€yond the tc.ritory of thc Stste ofthe R?r6cntrtive OfEc€, shall facilitate c,ttsy to and d€Pstture fiom its national tcritory for ali pcrsons who src inYit€d to meetings, activities or work or8'rised by thc EIB ReprEs€ntative Ofhc.€. The PEnies may c.nclude spccific agrccmcnts for lhat Purpos.. Article 5 l. The EIB and its Rcprescntative OfEce moy keep at their disposd in the tcrdtory of Ceorgia all manner of firnds and cunencics of 8ny kind and undcnakc ary financisl hns;clion, including thc oPeratiorl of bar* accounts in my cuttcncy, intended for the ltt8inment of its objectivB in Eccoldlnc€ with lhe provisions o[ thc present Repres€nlative Omce Agrc€tncnt 2. The EtB shEll €njoy freedom to Fansfet iG funds and curencies' both within G€orgia and from one country to Enolhet, 8nd to convfil any culrcncy in its Possession lt shall likcwisc be cxemPt from custorDs dulies, Prohibitions 6nd reslrictions on lhe imPon end exporl of the ass€ls snd objects, includint molor vchiclcs, requircd for th€ pusuit of its Ectivitic.r iD Gcorgis. 3. The EIB is cxcrnptcd with r6Pccl to its assets, revmues, sctivili€s' opemtions and tmflsactions in Georgia, carried out by it in accordance with its Stalulc, including thc provision of technicrl essistancc, whahct Provided dir.rdy by lhe EIB, or by a third budgetary funds iarty on th" butit of En agtecment wilh lhe EIB funded from the EU sfld/or donor's firnds, from any and 8ll cxisting or futu& dulies and taxes, dircct or indirect (including but not limited to, value addcd (ax, excise tar' propeny tax' propcrly h8nsfer t0.L customs duties, import Ex6, exPort taxeg and taxcs on income, profits and goss rcceipls) snd ftorn any conkibutioD, withholdings or charges ofury naNre, whcther national, local, regional or intemational. Wlen the B6nt( purciases goods, sewic€s or works, includin8 i€chnical assisl'nce services, on which indirecl duti6 rnd taxcs havc bcen chargd or are charteable, the Govcmlncnl of Georgia shall make spproPri.tc administrative allangcmenls for the exernption, or lhe prompt refund or retum to lhe EIB of lhe amounl of any such duiy or lax, ,.D . L l ,tl Articlc 6 l. Thc salary and othcr rcmuoeration of the agcnts atld staff of $c EIB RcprescnlativE OfEce shall bc exernpi fiom levira taxes, chllgcs ard sp€cial conlribulions, including subsqiptions to social security sulhoriti€s. This cxqnption sh.ll not apply to nationals of G.orgi4 consultants or olher pcrsods providing s€wices ro the EIB Rercscntxtive Omce rvho are rcsidents for tax purposcs in CcorBia. 2. Thc .grnts and staff of the EIB Repr6cnLativ€ Omce who arc not nationals of Geoigia Bholl bc excmpt from customs duti.s on all objccts of pcrsonal usc such as motor vchicl.s, hous€hold equipment and personal objccts on thc same tems as diplomatic stsff re.ognis.d in G€orgia. 3. The agents and slalf of the EIB Representrtive Office who sle not nationals of C€orgia shdl bc enlill.d, during thc excrcisc of thcir fundiorLs snd immediEtcly aflcl c..sing to perform them, to blnsfer funds in any cunency outside ceorgia, withour .€sEiction or limitation, provided that lhcy can prov. lcgal poss6rion ofsuch fi$ds. 4. The resideflce of the Head of the EIB Rcprcsmtativc Officc shall cnjoy $c samc inviolability and protcction es thc p.emiscs of the EIB Representative Omc€. 5, Thc El8 shall inform the Govcmmcnt of Ccordo of lhc nancs of the agents 8rd staff employed in the EIB Repr6enlative Office, their spouscs ond their family members to whom 6c provisions of fic pr6cnt R.prcscotstivc Officc Agrccmenl 6pply. Aniclc ? l, For all matteIs oot expressly provided for in th€ pr€scnt RcprBcnlative Omce Ag:ermcnt and for the intcrpret tion thcrcof, the partics agrec lo apply thc Vienna Convcntion and the pmvisions of international law. 2. Any difference which may adse regsrding thc interpr€tation ard applicstion of lhe provisions of lhis R.presrntatvc Offic! Agreemcnt shall be thc subject of consultation bch{een thc Pldies with s view to r@chint an agrcemrnt. In lhe extraordimiy event that an ag€ement is not posrible within a rcasooablc period, tie rnrner shall be rcfcrr.d to En indcp€ndcnt aftitrslor d6ignatcd by 8greemcnt bctwccn the Parties and, failing such agreemenl [s to the nrIne of th€ srbihslor wi$i[ s period ofone month, the latter shall b€ appoint€d by ftc Sccrctary Gcncral of hc Pcrm.ncrlt Coud of Arbitsstion i, thc Haguc. Such arbiration, thc award resulting from which shdl be bindin& shall be conducted in accordonce with the legal provisions applicable to thc Permanenl Court of Arbitration of thc Hsguc. Articlc 8 The present Reprcsefltstive Offic€ Agre€rner( shall anter into force on the day following rcccipt by the EIB of thc notic! givm by tic Govqruncnl of G€orgia co[firming compl.tion of thc internal proccdurcs, and especially ratifiEtion, rcquir€d for d€finitive apFoval of the piesent agrcarnent. .D, L ,ll This Aglcehcnt is conclud.d for an unlimitcd pcriod of timc, unlcss eithcr of$c Partics, by dving writtca notice, dccidcs to terminrtc this Agrccment. In any such c&se, the sgr€sment shall rcrnain in fo.cc for six months following thc date ofreccipt of the notice ofl€rmination. Amcr ments and additions may bc inEoduccd to the Agrcemenl upon muhlal consenl ofthc Paaies, which shall b€ fomcd as a scparatc documcnt and antcr into forcc in accordancc with the fiisl parsgraph of this Adicle The document fomed thereby, shall constitute an integral parl ofthis Aglecmcnt. Thc provisions of thc Fraficwo* Agr€lment snd of this RcPrescnlrlivc Offic. Agrccmcnt shall, wherc thcy rclstc to the same subjecl-matter, bc [catcd, whcrcver possible, &s complemcnlary so lhat the provisions of both shall apply, ncithet shall narrow the effecl oflhe othcE blt in any casc of absolute conflict or divdtcncc bchf,cBt thc Provisions of fic two Agr€ements, the paovisions which src most favoureble to the EIB shall apply. IN WITNESS WHEREOF, the undersiged, duly authorised for $at purpose, have siSned the prcscnt agrcqncnt, in thc EnSlish langla8c, in 2 (two) oiginsls Donc !t Tbilisi on this day of -Ll8on 11;5 J6 Don. at Luxcrnbourg 2015 -[!4ai[- dayof M ar ih 20t 5 FOR THE FOR THE GOVERNMENT OF GEORCIA BANK il&*K A. Quer€jctr N. Barr Ceoersl Counsel Minister of Finarce 5