Desiring to strengthen the traditional ties of friendship between their countries, to extend

and intensify the economic relations between them particularly with respect to

investments by the nationals 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 of the

Contracting Parties and that fair and equitable treatment of investment is desirable,

Have agreed as follows: