The Government of the Federal Democratic Republic of Ethiopia and the Government of the Russian Federation (hereinafter referred to as Contracting Parties;) 

Intending to create favourable conditions for the realization of investments by investors of one Contracting Party in the territory of the other Contracting Party, 

Recognizing that the promotion and reciprocal protection of investments on the basis of the present Agreement shall stimulate the development of the mutually beneficial commercial, economic, scientific and technical co-operation, 

Have agreed as follows: