The Convention shall remain in force for five years from the date of the exchange of the instruments of ratification.
Should either Contracting Party desire to terminate this Convention on the expiry of the aforesaid five-year period, such Party shall give written notice of its intention to the other Party not later than one year before the expiry of the period of validity of this Convention. Failing such denunciation, the Convention shall each time be considered as automatically continued for a further five-year period subject to the same condition in respect of denunciation.
{{smallcaps|In faith whereof the plenipotentiaries have signed this Convention and have affixed thereto their seals.
Done in duplicate at Budapest, on 13 July 1950, each copy being in the Russian and Hungarian languages and both texts being equally authentic.
For the Government of the Union of Soviet Socialist Republics:
(Signed) E. Kiselev
For the Government of the Hungarian People's Republic:
(Signed) F. Erdei
No. 3001
