Japan and the Republic of Peru, 

Desiring to further promote investment in order to strengthen the economic relationship between the two countries; 

Intending to further create stable, equitable, favourable and transparent conditions for greater investment by investors of one country in the Area of the other country; 

Recognising the growing importance of the progressive liberalisation of investment for stimulating initiative of investors and for promoting prosperity in both countries; 

Recognising the importance of observance and fulfilment of the obligations that one country may have entered into with regard to investments and investment activities of investors of the other country; 

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

Recognising the importance of the cooperative relationship between labour and management in promoting investment between both countries; 

Wishing that this Agreement will contribute to the strengthening of international cooperation with respect to the development of international rules on foreign investment; and 

Believing that this Agreement marks the beginning of new economic partnership between the two countries; 

Have agreed as follows: