The Republic of Turkey and the People's Republic of Bangladesh (each a "Party");

Desiring to promote greater economic cooperation between them particularly with respect to investment by nationals and companies of one Party in the territory of the other Party;

Recognizing that agreement upon the treatment to be accorded such investment will stimulate the flow of capital and technology and the economic developments of the Parties;

Agreeing that fair and equitable of investment is desirable in order to maintain a stable framework for investment and maximum effective utilization of economic resources, and

Having resolved to conclude an agreement concerning the encouragement and reciprocal protection of investments;

Have agreed as follows: