(ii) any contract for a loan or other t,ransact,ion of a financial nature, including any obligation or guarantee in respect of any such loan or of indennity in respect of any such Eransaction; (iii) any other contract or Eransaction, whether of a conmercial, industrial, trading or professional naturer but, not including a contract of enploynent of pergons' Art,icle 3 InterpretaEive Provisions 2. In deternining wheEtrer a contract for the sale or purchase of goods or the supply of services is comnercial, reference should be made primarily to the nature of the cont,ract, but the purpose of the contrace should also be taken into account A/10/447 Engl ish Page 16 if in the practice of lhat State that purpoae non-comercial character of the contract.ls relevant to determining the - PANtr II GENERAL PRINCIPLES Article 6 State innunily 6,/ Article z Itodalities for givim effect to State inpunity 1. A state sharl give effect to state imunity lunder article 6l by refrainlngfrom exe'rcising juriediction in a proceeding before its courts against anottrerState. 2. A proceedirq before a court of a State shall be considered to have beeninetituted against another State, whether or rpt that other State is naned as partyto that proceedirq, so long aB the proceeding in effect geeks co c.onpel that otberState either to subuit to the Jurisdiction of the court or to bear the conseguencesof a deternination bf the court uhich nay affect the rlghts, intereses, propertiesor activities of that other StaEe.
**Analysis**
This text appears to be related to international law, specifically discussing the immunity of states in financial transactions and contracts. It mentions contracts for loans, transactions, and guarantees, which suggests a connection to economic and financial matters. The text also references international law principles and the concept of state immunity, which is a key concept in public international law.

**Category**
International trade, Industry