THE GOVERNMENT OF AUSTRALIA and THE GOVERNMENT OF THE UNITED
MEXICAN STATES, hereinafter referred to as "the Contracting Parties";

RECOGNISING the importance of promoting the flow of capital for economic activity and
development and aware of its role in expanding economic relations between them,
particularly with respect to investment by investors of one Contracting Party in the territory of
the other Contracting Party;

DESIRING to intensify economic co-operation to the mutual benefit of both countries;
RECOGNISING the need to promote and protect foreign investments with the aim to foster
their economic prosperity;
ACKNOWLEDGING that investments of investors of one Contracting Party in the territory of
the other Contracting Party would be made in accordance with the framework of the laws of
that other Contracting Party;
INTENDING to create and maintain favourable conditions for investments by Investors of
one Contracting Party in the territory of the other Contracting Party; and

RECOGNISING that pursuit of these objectives would be facilitated by a clear statement of
principles relating to the protection of investments, combined with rules designed to render
more effective the application of these principles within the territories of the Contracting
Parties;

HAVE AGREED AS FOLLOWS: