Her Majesty the Queen of the United Kingdom of Great Britain and Ireland being desirous to encourage commerce between Her Majesty's subjects and the subjects of the independent Princes of the Eastern Seas, and to put an end to piracies, which have hitherto obstructed that commerce; and His Highness Omar Ali Saifadeen, who sits upon the throne and rules the territories of Borneo, being animated by corresponding dispositions, and being desirous to co-operate in any measures which may be necessary for the attainment of the above-mentioned objects, Her said Britannic Majesty and the Sultan of Borneo have agreed to record their determination in these respects by a Convention containing the following Articles:

Article 1. Peace, friendship, and good understanding shall from henceforward and for ever subsist between Her Majesty the Queen of Great Britain and Ireland and His Highness Omar Ali Saifadeen, Sultan of Borneo, and between Their respective heirs and successors, and subjects.

Article II. The subjects of Her Britannic Majesty shall have full liberty to enter into, reside in, trade with, and pass with their merchandize through all parts of the dominions of His Highness the Sultan of Borneo, and they shall enjoy therein all the privileges and advantages with respect to commerce, or otherwise, which are now or which many hereafter be granted to the subjects or citizens of the most favoured nation; and the subjects of His Highness the Sultan of Borneo shall in like manner be at liberty to enter into, reside in, trade with, and pass with their merchandize through all parts of Her Britannic Majesty's dominions in Europe and Asia as freely as the subjects of the most favoured nation, and they shall enjoy in those dominations all the privileges and advantages with respect to commerce or otherwise, which are now or which may hereafter be granted therein to the subjects(s) or citizens of the most favoured nation.