Behaviour of investors. The EC Party and the Signatory CARIFORUM States shall cooperate and take, within their own respective territories, such measures as may be necessary, inter alia through domestic legislation, to ensure that: (a) Investors be forbidden from, and held liable for, offering, promising or giving any undue pecuniary or other advantage, whether directly or through intermediaries, to any public official or member of his or her family or business associates or other person in close proximity to the official, for that person or for a third party, in order that the official or third party act or refrain from acting in relation to the performance of official duties, or in order to achieve any favour in relation to a proposed investment or any licences, permits, contracts or other rights in relation to an investment. (b) Investors act in accordance with core labour standards as required by the International Labour Organization (ILO) Declaration on Fundamental Principles and Rights of Work, 1998, to which the EC Party and the Signatory CARIFORUM States are parties.14 13 For this calculation official data by the WTO on leading exporters in world merchandise trade (excluding intra-EU trade) shall be used.
Appears in 2 contracts
Samples: Economic Partnership Agreement, Economic Partnership Agreement
Behaviour of investors. The EC Party and the Signatory CARIFORUM States shall cooperate and take, within their own respective territories, such measures as may be necessary, inter alia alia, through domestic legislation, to ensure that:
: (a) Investors be forbidden from, and held liable for, offering, promising or giving any undue pecuniary or other advantage, whether directly or through intermediaries, to any public official or member of his or her family or business associates or other person in close proximity to the official, for that person or for a third party, in order that the official or third party act or refrain from acting in relation to the performance of official duties, or in order to achieve any favour in relation to a proposed investment or any licences, permits, contracts or other rights in relation to an investment.
. (b) Investors act in accordance with core labour standards as required by the International Labour Organization (ILO) Declaration on Fundamental Principles and Rights of at Work, 1998, to which the EC Party and the Signatory CARIFORUM States are parties.14 13 For this calculation official data by parties. [14] (c) Investors do not manage or operate their investments in a manner that circumvents international environmental or labour obligations arising from agreements to which the WTO on leading exporters in world merchandise trade (excluding intra-EU trade) shall be usedEC Party and the Signatory CARIFORUM States are parties.
Appears in 1 contract
Samples: Economic Partnership Agreement
Behaviour of investors. The EC Party and the Signatory CARIFORUM States shall cooperate and take, within their own respective territories, such measures as may be necessary, inter alia through domestic legislation, to ensure that:
(a) Investors be forbidden from, and held liable for, offering, promising or giving any undue pecuniary or other advantage, whether directly or through intermediaries, to any public official or member of his or her family or business associates or other person in close proximity to the official, for that person or for a third party, in order that the official or third party act or refrain from acting in relation to the performance of official duties, or in order to achieve any favour in relation to a proposed investment or any licences, permits, contracts or other rights in relation to an investment.
(b) Investors act in accordance with core labour standards as required by the International Labour Organization (ILO) Declaration on Fundamental Principles and Rights of at Work, 1998, to which the EC Party and the Signatory CARIFORUM States are parties.14 parties.14
(c) Investors do not manage or operate their investments in a manner that circumvents international environmental or labour obligations arising from agreements to which the EC Party and the Signatory CARIFORUM States are parties. 13 For this calculation official data by the WTO on leading exporters in world merchandise trade (excluding intra-EU trade) shall be used.
Appears in 1 contract
Samples: Economic Partnership Agreement