Artikel XVIII

1. The present Agreement is subject to ratification and the instruments of ratification shall be exchanged at Nairobi as soon as possible.
2. The present Agreement shall enter into force on the date of exchange of the instruments of ratification and shall remain in force for a period of five years and, unless notice of termination shall have been given by either Contracting Party at least six months before the expiry of such five year term, shall thereafter remain in force for another period of five years, and so on for consecutive periods of five years, subject to termination on the expiry of any current five year period by six months notice as aforesaid.
3. Subject to the periods mentioned in paragraph 2 of this article, the Government of the Kingdom of the Netherlands shall be entitled to terminate the application of the present Agreement separately in respect of Surinam or the Netherlands Antilles.
4. Termination of the present Agreement shall not affect the validity of contracts concluded, or the validity of financial securities given, within the framework of the present Agreement prior to the date of termination.