The Government of the Kingdom of Belgium, acting in its own name and on behalf of the Government of the Grand-Duchy of Luxemburg, under the Convention establishing the Belgo-Luxemburg Economic Union,

and the Democratic Socialist Republic of Sri Lanka,

Desiring to create favourable conditions for greater economic co-operation between them and in particular for investments by nationals of one State in the territory of the other State;

Recognizing the need to protect investments by nationals and companies of both States and to stimulate the flow of capital with a view to the economic prosperity of both States;

Have agreed as follows: