The Government of the Republic of Mozambique and the Government of the Kingdom of the Netherlands (hereinafter the "Contracting Parties");

Desiring to promote greater economic cooperation between them, with respect to investments by nationals of one Contracting Party in the territory of the other Contracting Party;

Recognising that agreement upon the treatment to be accorded to such investment will stimulate the flow of private capital and the economic development of the Contracting Parties;

Agreeing that a stable framework for international investment will maximise effective utilisation of economic resources and improve living standards;

Recognising that the development of economic and business ties should promote respect for internationally accepted labour rights;

Agreeing that these objectives can be achieved without relaxing health, safety and environmental measures of general application;

Recognising 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: