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Each of the High Contracting Parties undertakes not to enter into any alliance or participate in any action directed against the other High Contracting Party.

In the event of the peace and security of either country being threatened as well as in the more important matters affecting the interests of both countries the High Contracting Parties undertake to consult one another on their course of action.

Should either of the High Contracting Parties, as a result of aggression, become involved in hostilities against Germany, or against a country which was an ally of Germany in the last war, or against any other country, which either directly or in any other way whatsoever had allied itself with Germany, or with her allies in such aggression, the other High Contracting Party shall afford such Party immediate military and other assistance and support by all means at its disposal.

The present Treaty shall not in any way prejudice the engagements entered into by both High Contracting Parties with third countries.

The High Contracting Parties shall execute the present Treaty in conformity with the Charter of the United Nations and shall support any steps taken to eliminate centres of aggression, as well as to consolidate peace and security throughout the world.

The present Treaty shall come into force on the date of signature and shall be binding for twenty years.

Unless notice of intention to terminate the Treaty is given by one of the High Contracting Parties at least one year before the expiration of the period agreed upon, it shall be considered as having been renewed for a further period of five years and similarly thereafter.

The Treaty is subject to ratification. The exchange of instruments of ratification shall take place at Belgrade at the earliest possible date.