Bosnia and Herzegovina and the Republic of Lithuania, hereinafter referred to as “the Contracting Parties”,

Desiring to extend and intensify the economic co-operation between the Contracting Parties on the basis of equality and mutual benefit;

Intending to create and maintain favourable conditions for greater investment by investors of one Contracting Party in the territory of the other Contracting Party;

Recognising that the promotion and reciprocal protection of such investments under this Agreement will stimulate business initiative and will increase economic prosperity of the Contracting Parties;

Have agreed as follows: