The Government of the Kingdom of Sweden and the Government of the Republic of Kazakhstan,

desiring to intensify economic cooperation to the mutual benefit of both countries and to maintain fair and equitable conditions for investments by investors of one Contracting Party in the territory of the other Contracting Party,

recognizing that the promotion and reciprocal protection of such investments favor the expansion of the economic relations between the two Contracting Parties and stimulate investment initiatives,

have agreed as follows: