The Government of the Republic of Belarus and the Government of the Republic of Finland, hereinafter referred to as the "Contracting Parties",

Recognizing the need to protect investments of the investors of one Contracting Party in the territory of the Contracting Party on a non-discriminatory basis;

Desiring to promote greater economic co-operation between them, with respect to investments by nationals and companies of one Contracting Party in the territory of the other Contracting Party;

Recognizing that agreed on the treatment to be accorded to such investments will stimulate the flow of private capital and the economic development of the Contracting Parties;

Agreeing that a stable framework for investment will contribute to a more effective utilization of economic resources and improve living standards;

Recognizing that the development of economic and business ties can promote respect for internationally recognized labor rights;

Agreeing that these objectives can be achieved without relaxing healthy, safety and environmental measures of general application; and

Having resolved to conclude an agreement concerning the promotion and protection of investments;

Have agreed as follows: