General Treatment. 1. Each Contracting Party shall accord to investments of the other Contracting Party treatment in accordance with international law, including fair and equitable treatment and full protection and security. Note 1: This Article prescribes the customary international law minimum standard of treatment of aliens as the minimum standard of treatment to be afforded to investments of investors of the other Contracting Party. The concepts of “fair and equitable treatment” and “full protection and security” do not require treatment in addition to or beyond that which is required by the customary international law minimum standard of treatment of aliens. Note 2: A determination that there has been a breach of another provision of this Agreement, or of a separate international agreement, does not ipso facto establish that there has been a breach of this Article. 2. Each Contracting Party shall observe any obligation it may have entered into in a written form with regard to investments of investors of the other Contracting Party.
Appears in 3 contracts
Samples: Bilateral Investment Treaty, Investment Agreement, Investment Agreement
General Treatment. 1. Each Contracting Party shall accord to investments of the other Contracting Party treatment in accordance with international law, including fair and equitable treatment and full protection and security.
Note 1: This Article prescribes the customary international law minimum standard of treatment of aliens as the minimum standard of treatment to be afforded to investments of investors of the other Contracting Party. The concepts of “"fair and equitable treatment” " and “"full protection and security” " do not require treatment in addition to or beyond that which is required by the customary international law minimum standard of treatment of aliens.
Note 2: A determination that there has been a breach of another provision of this Agreement, or of a separate international agreement, does not ipso facto establish that there has been a breach of this Article.
2. Each Contracting Party shall observe any obligation it may have entered into in a written form with regard to investments of investors of the other Contracting Party.
Appears in 1 contract
Samples: Investment Agreement