Favorable conditions for investment. 1. Each Contracting Party shall, within the framework of its laws and regulations and in accordance with its international obligations, promote economic cooperation and encourage the creation of favorable conditions for responsible investment in its territory that contribute to sustainable economic development. 2. Subject to its right to exercise powers conferred by its laws and regulations, each Contracting Party shall admit foreign investments. 3. The Contracting Parties affirm the G20 Guiding Principles for Global Investment Policymaking. 4. The Contracting Parties strive to strengthen the promotion and facilitation of investments that contribute to sustainable development, including but not limited through regular consultations between investment promotion and facilitation agencies and the exchange of information regarding investment opportunities.
Appears in 9 contracts
Samples: Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement
Favorable conditions for investment. 1. Each Contracting Party shall, within the framework of its laws and regulations and in accordance with its international obligations, promote economic cooperation and encourage the creation of favorable conditions for responsible investment in its territory that contribute to sustainable economic development.
2territory. Subject to its right to exercise powers conferred by its laws and regulations, each Contracting Party shall admit foreign such investments.
32. The Contracting Parties affirm the G20 Guiding Principles for Global Investment Policymaking.
43. The Contracting Parties strive to strengthen the promotion and facilitation of investments that contribute to sustainable development, including but not limited through regular consultations between investment promotion and facilitation agencies and the exchange of information regarding investment opportunities.
Appears in 3 contracts
Samples: Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement