The Republic of Armenia
and
the Kingdom of the Netherlands,

hereinafter referred to as the Contracting Parties,

Desiring to strengthen their traditional ties of friendship and to extend and
intensify the economic relations between them, particularly with respect to
investments by the investors of one Contracting Party in the territory of the other
Contracting Party,

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: