Artikel 12

1. This Agreement shall enter into force on the first day of the second month from the date of the last notification confirming that all constitutional and legal requirements for its entry into force have been fulfilled.
2. This Agreement is concluded for a period of one year and shall be considered as extended for an unlimited period, unless any Party sends a written notification, through diplomatic channels, of its intention to denounce this Agreement to the Depositary not later than thirty (30) days prior to the expiry of this period.
3. After the expiry of the first period of one year any Party may denounce this Agreement by sending a written notification, through diplomatic channels, of its intention to denounce this Agreement to the Depositary not later than thirty (30) days prior to the date on which the denunciation is to take effect.
4. The denunciation by any Party shall cause this Agreement to terminate for all the Parties.
5. The Depositary shall inform the other Parties of the receipt of any notification mentioned in this Article.