The Government of the Kingdom of the Netherlands and the Government of the State of Kuwait, their States hereinafter referred to as the Contracting Parties,

Desiring to strengthen their traditional ties of friendship and to extend and intensify the economic relations between them, particularly with respect to investments by investors of one Contracting Party in the territory of the other Contracting Party,

Recognizing that agreement upon the treatment to be accorded to such investments will stimulate the flow of capital and technology and the economic development in both Contracting Parties and that fair and equitable treatment of investments is desirable,

Have agreed as follows