Common use of Encouragement and protection of investments Clause in Contracts

Encouragement and protection of investments. 1) Either Contracting Party shall, within the framework of its laws and regulations, promote economic cooperation through the protection in its territory of investments of nationals of the other Contracting Party. Subject to its right to exercise powers conferred by its laws or regulations, each Contracting Party shall admit such investments. 2) Investments made in compliance with the laws and regulations of the Contracting Party on the territory of which they are made, enjoy the protection of the present Agreement.

Encouragement and protection of investments. 1) Either . Each Contracting Party shall, within the framework of its laws and regulations, shall promote economic cooperation through the protection in its territory of territory, to the extent possible, investments of nationals by investors of the other Contracting Party. Subject to , permitting such investments in accordance with its right to exercise powers conferred by its laws or regulations, each Contracting Party shall admit such investmentsown legislation and in any case according them fair and equitable treatment. 2) . Investments made in compliance accordance with the laws paragraph 1 and regulations of the Contracting Party on the territory of which they are made, their returns shall enjoy the full protection of this Agreement. The same treatment shall apply, without prejudice to the present Agreementprovisions of paragraph 1, to their returns in the case of reinvestment of such returns. The legal extension, alteration or conversion of an investment shall be considered a new investment.

Encouragement and protection of investments. 1(A) Either Each Contracting Party shall, within the framework of its laws and regulations, promote economic cooperation through the protection in its territory of investments of nationals shall encourage investors of the other Contracting Party. Subject Party to make the investment in its right to exercise powers conferred by its laws or regulations, each Contracting Party territory and shall admit such investments. 2) Investments made investments in compliance accordance with the laws and regulations in force in its country. (B) Each Contracting Party shall guarantee absolute and unconditional legal protection for investments made by investors of the other Contracting Party on in accordance with the territory of which they are made, enjoy the protection of the present Agreementlaws and regulations in force in its country.