THE REPUBLIC OF AUSTRIA AND THE PEOPLE’S REPUBLIC OF BANGLADESH hereinafter
referred to as “Contracting Parties”,

DESIRING to create favourable conditions for greater economic co-operation between the Contracting Parties,

RECOGNISING that the promotion and protection of investments may strengthen the readiness for
such investments and hereby make an important contribution to the development of economic relations,

REAFFIRMING their commitment to the observance of internationally recognised labour standards,

HAVE AGREED AS FOLLOWS: