The Government of the Republic of India

and

the Government of the Kingdom of the Netherlands,

(each hereinafter referred to as "a Contracting Party")

Desiring to strengthen the traditional ties of friendship between their countries, 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 reciprocal protection of such investments under an agreement will subserve the aforesaid objective and will be conducive to the stimulation of individual business initiative and will increase prosperity in both States;

Have agreed as follows :