The Government of the Kingdom of Thailand and the Government of the Kingdom of Cambodia, hereinafter referred to as "Contracting Parties",

Desiring to create favourable conditions for greater economic cooperation between them and, in particular, for the investments by investors of one Contracting Party in the territory of the other Contracting Party,

Recognizing that the encouragement of investments and the reciprocal protection of investments under international agreement will be conducive to the stimulation of individual business initiative and will increase prosperity in both States;

Have agreed as follows: