The Government of the Republic of Mauritius and the Government of the Republic of Singapore (each hereinafter referred to as a “Contracting Party”); 

DESIRING to create favourable conditions for greater economic co-operation between them and in particular for investments by investors of one State in the territory of the other State; 

RECOGNISING that the encouragement and reciprocal protection of such investments will be conducive to stimulating business initiative and increasing prosperity in both States; 

HAVE agreed as follows: