930-(2)

II SÉRIE-A — NÚMERO 33

RESOLUÇÃO

APROVAÇÃO. PARA RATIFICAÇÃO, DO ACORDO CONSTITUTIVO DO BANCO EUROPEU DE RECONSTRUÇÃO E DESENVOLVIMENTO (BERD).

A Assembleia da República resolve, nos termos dos artigos 164.°, alínea j), e 169.°, n.° 5, da Constituição, aprovar, para ratificação, o Acordo Constitutivo do Banco Europeu de Reconstrução e Desenvolvimento (BERD), cujo original em inglês e respectiva tradução em português seguem em anexo.

Aprovada em 7 de Março de 1991.

O Presidente da Assembleia da República, Vítor Pereira Crespo.

AGREEMENT ESTABLISHING THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT

CONTENTS Chapters

I — Purpose, functions and membership.

II — Capital.

III — Operations.

IV — Borrowing and other miscellaneous powers.

V — Currencies.

VI — Organization and management.

VII — Withdrawal and suspension of membership, temporary sus-

pension and termination of operations.

VIII — Status, immunities, privileges and exemptions.

IX — Amendments, interpretation, arbitration.

X — Final provisions. Annex A.

Annex B.

The Contracting Parties:

Committed to the fundamental principles of multiparty democracy, the rule of law, respect for human rights and market economics;

Recalling the Final Act of the Helsinki Conference on Security and Cooperation in Europe, and in particular its Declaration on Principles;

Welcoming the intent of Central and Eastern European countries to further the practical implementation of multiparty democracy, strengthening democratic institutions, the rule of law and respect for human rights and their willingness to implement reforms in order to envolve towards market-oriented economies;

Considering the importance of close and coordinated cooperation in order to promote the economic progress of Central and Eastern European countries to help their economies become more internationally competitive and assist them in

their reconstruction and development and thus to reduce, where appropriate, any risks related to the financing of their economies;

Convinced that the establishment of a multilateral financial institution which is European in its basic character and broadly international in its membership would help serve these ends and would constitute a new and unique structure of cooperation in Europe;

have agreed to establish hereby the European Bank for Reconstruction and Development (hereinafter called «the Bank») which shall operate in accordance with the following:

CHAPTER I

Purpose, functions and membership

Article 1 Purpose

In contributing to economic progress and reconstruction, the purpose of the Bank shall be to foster the transition towards open market oriented economies and to promove private and entrepreneurial initiative in the Central and Eastern European countries committed to and applying the principles of multiparty democracy, pluralism and market economics.

Article 2 Functions

1 — To fulfil on a long-term basis its purpose of fostering the transition of Central and Eastern European countries towards open market-oriented economies and the promotion of private and entrepreneurial initiative, the Bank shall assist the recipient member countries to implement structural and sectoral economic reforms, including demonopolization, decentralization and privatization, to help their economies become fully integrated into the international economy by measures:

0 To promote, through private and other interested investors, the establishment, improvement and expansion of productive, competitive and private sector activity, in particular small and medium sized enterprises;

if) To mobilize domestic and foreign capital and experienced management to the end described in 0;

Hi) To foster productive investment, including in the service and financial sectors, and in related infrastructure where that is necessary to support private and entrepreneurial initiative, thereby assisting in making a competitive environment and raising productivity, the standard of living and conditions of labour;