The Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Kingdom of Morocco, (hereinafter referred to as the “Contracting Parties”),

Desiring to create favourable conditions for greater investment by nationals of one state in the territory of the other State;

Recognising that the reciprocal encouragement and protection under international agreement of investments will contribute to the stimulation of business initiative and will increase prosperity in both States;

Have agreed as follows: