The Government of the Republic of Armenia and the Government of the
Argentine Republic hereinafter referred to as the Contracting Parties;

Desiring to create favourable conditions for greater economic co-operation
between them and in particular for investments by investors of one Contracting
Party in the territory of the other Contracting Party;

Recognizing that the promotion and reciprocal protection on of such
investments the basis of an agreement will be conducive to the stimulation of
business initiative and will increase prosperity in both Contracting Parties;

Have agreed as follows: