The President concludes and ratifies treaties, accredits, receives, or dispatches diplomatic envoys and declares war and concludes peace (Article 73 of the Constitution). The National Assembly has the right to consent to the conclusion and ratification of treaties (i) pertaining to mutual assistance or mutual security; (ii) concerning important international organisations; (iii) of friendship, trade and navigation; (iv) pertaining to any restriction in sovereignty; (v) of peace; (vi) which will burden the state or the people with an important financial obligation; and (vii) related to legislative matters (Article 60 of the Constitution).