The Government of Japan and the Government of the Russian Federation (hereinafter referred to as "the Contracting Parties"),

Desirous of strengthening economic cooperation between the two countries,

Intending to create favorable conditions for investments by investors of each country within the territory of the other country, by means of the favorable treatment for investments and business activities in connection therewith and the protection of investments, and

Recognizing that the promotion and protection of investments will stimulate the flow of capital and technology between the two countries,

Have agreed as follows: