Promotion and Protection of Investment. The Government of Japan and the Government of Hong Kong, the latter having been duly authorized to conclude this Agreement by the Government of the sovereign state which is responsible for foreign affairs relating to Hong Kong (hereinafter referred to as “the Contracting Parties”), Desiring to create favourable conditions for greater investment by investors of one Contracting Party in the area of the other, Recognizing that the promotion and reciprocal protection of such investment will be conducive to the stimulation of individual business initiative and will increase prosperity in the areas of both Contracting Parties, Having agreed as follows:
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