The Government of Republic of India and the Government of the Republic of Ghana (hereinafter referred to as the ˝Contracting Parties˝); 

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

Recognising that the encouragement and reciprocal protection under International agreement of such investment will be conducive to the stimulation of individual business initiative and will increase prosperity in both States; 

Have agreed as follows: