The Government of the Republic of India and the Government of the Republic of -------------------- (hereinafter referred to as “theParty” individually or “theParties" collectively);

Desiring to promote bilateral cooperation between the Parties with respect to foreign investments; and

Reaffirming the right of Parties to regulate Investments in their territory in accordance with their Law and policy objectives including the right to change the conditions applicable to such Investments; and

Seeking to align the objectives of Investment with sustainable development and inclusive growth of the Parties;

Have agreed as follows: