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

Desiring to create conditions favourable for fostering greater investment by investors of one State in the territory of the other State; 

Recognising that the encouragement and reciprocal protection under international agreement of such investment will be conducive to the stimulation of individual business initiative and will increase prosperity in both States; 

Have agreed as follows: