Finland-Belarus BIT
Between the Government of the Republic of
Finland and the Government of the Republic
of Belarus on the Promotion and Protection
of Investments
The Government of the Republic of Finland
and the Government of the Republic of Belarus,
hereinafter referred to as the "Contracting
Parties",
RECOGNISING the need to protect investments
of the investors of one Contracting
Party in the territory of the other Contracting
Party on a non-discriminatory basis;
DESIRING to promote greater economic
co-operation between them, with respect to
investments by nationals and companies of
one Contracting Party in the territory of the
other Contracting Party;
RECOGNISING that agreement on the
treatment to be accorded to such investments
will stimulate the flow of private capital and
the economic development of the Contracting
Parties;
AGREEING that a stable framework for
investment will contribute to a more effective
utilisation of economic resources and improve
living standards;
RECOGNISING that the development of
economic and business ties can promote respect
for internationally recognised labour
rights;
AGREEING that these objectives can be
achieved without relaxing health, safety and
environmental measures of general
application; and
Having resolved to conclude an agreement
concerning the promotion and protection of
investments;
HAVE AGREED AS FOLLOWS: