Common use of Environmental Measures Clause in Contracts

Environmental Measures. The Parties recognize that it is inappropriate toencourage investment by relaxing domestic health, safety orenvironmental measures. Accordingly, a Party should notwaive or otherwise derogate from, or offer to waive orotherwise derogate from, such measures as an encouragementfor the establishment, acquisition, expansion or retentionin its Area of an investment of an investor. If a Partyconsiders that the other Party has offered such anencouragement, it may request consultations with the otherParty and the Parties shall consult with a view to avoidingany such encouragement. Settlement of Investment Disputes between a Party and an Investor of the Other Party

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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