The Federal Democratic Republic of Ethiopia and the State of Kuwait (hereinafter referred to as the "Contracting States");

Desiring to create favorable conditions for the development of the economic cooperation between then and in particular for investment by investors of one Contracting State in the territory of the other Contracting State;

Recognizing that the encouragement and reciprocal protection of such investments will be conducive to the stimulation of business initiative and to the increase of prosperity in both Contracting States;

Have agreed as follows: