The Government of the People's Republic of Bangladesh and the Government of the Republic of Uzbekistan, (hereinafter referred to as the Contracting Parties),

desiring to promote more extensive economic cooperation for mutual benefit of both parties on a long-term basis,

recognizing the necessity of encouragement and protection of investments with the purpose of creating and preserving favorable conditions for investments of investors of one Contracting Party in the territory of the other Contracting Party,

agreeing that the stable ground of investment will provide greatest effectiveness of economic resources and development of productive forces;

have agreed as follows: