The Government of the Slovak Republic and the Government of the Republic of Bulgaria, hereinafter referred to as "Contracting Parties”,

Desiring to intensify the economic co-operation between the two States, on the mutual benefit base,

Intending to create and maintain favourable conditions for investments of investors of one Contracting Party in the territory of the other Contracting Party, and

Conscious that the promotion and reciprocal protection of investments stimulates, the initiatives in this field,

HAVE AGREED AS FOLLOWS: