Canada and the Hashemite Kingdom of Jordan, hereinafter collectively referred to as the "Parties" and individually referred to as "Party",

Desiring to promote greater economic cooperation between them, with respect to the making of investments by investors of one Party in the territory of the other Party;

Desiring to encourage the creation of favorable conditions for investors of one Party to make investments in the territory of the other Party in accordance with the terms and conditions for this Agreement;

Recognizing that the promotion and the protection of investments of investors of one Party in the territory of the other Party will be conducive to the stimulation of mutually beneficial business activity, to the development of economic cooperation between them and to the promotion of sustainable development;

Have agreed as follows: