The Republic of Kazakhstan and the State of Kuwait, (hereinafter referred to as the "Contracting States");

Desiring to create favorable conditions for the development of economic cooperation between them and in particular for investments by investor of one Contracting State in the territory of the other Contracting State;

Recognizing that the encouragement and reciprocal protection of such investments will be conducive to the stimulation of business initiative and to increase of prosperity in both Contracting States;

Have agreed as follows: