Common use of Environmental Measures Clause in Contracts

Environmental Measures. Each Party recognizes that it is inappropriate to encourage investments by investors of the other Party by relaxing its environmental measures. To this effect each Party should not waive or otherwise derogate from such environmental measures as an encouragement for establishment, acquisition or expansion of investments in its Area. Section 2 Settlement of Investment Disputes between a Party and an Investor of the Other Party Article 88 Consultation and Negotiation In the event of an investment dispute between a Party and an investor of the other Party, they should initially seek to resolve the dispute through consultation and negotiation, which may include the use of non-binding, third-party procedures.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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