Artikel XVII

(1). The present Agreement shall come into force on the thirtieth (30th) day after the date of the exchange of Diplomatic Notes by the Contracting Parties confirming that all formalities for the coming into force of the present Agreement have been fulfilled in the respective countries, and shall remain in force for a period of five (5) years. Unless written notice of termination has been given by either Contracting Party at least six months before the date of the expiry of its validity, the present Agreement shall be extended tacitly for another period of five (5) years, and so on, each Contracting Party reserving the right to terminate the present Agreement upon written notice of at least six months before the date of expiry of the current period of validity.
(2). Subject to the periods mentioned in paragraph (1) of this Article, the Government of the Kingdom of the Netherlands shall be entitled to terminate the application of the present Agreement separately in respect of Surinam or the Netherlands Antilles.
(3). Notwithstanding anything in paragraphs (1) and (2) of this Article, the provisions of the present Agreement shall continue to apply to investments made before the date of its termination for a period of fifteen (15) years from that date.