The Kingdom of Belgium and die Republic of Indonesia,

Desiring to reinforce economic co-operation between both States, and to intensify co-operation between private enterprises, in order to stimuline economic initiatives ;

With the purpose of creating favourable conditions for investments by nationals or legal persons of either State in the territory of the other State ;

Conscious of the contribution which can be made to ibis purpose by the conclusion of an agreement concerning the encouragement and reciprocal protection of investments ;

Have agreed as follows :