The Government of the Republic of Mauritius and the Government of the Republic of India (hereinafter referred to as the "Contracting Parties");

Desiring to create favorable conditions for greater flow of investments made by investors of either Contracting Party in the territory of the other Contracting Party; and

Recognizing that the promotion and protection of such investments will lend greater stimulation to the development of business initiatives and will increase prosperity in the territories of both Contracting Parties;

Have agreed as follows: