Health, Safety and Environmental Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting, maintaining or enforcing any measure consistent with this Agreement that is in the public interest, such as measures to meet health, safety or environmental concerns. 2. The Parties recognize that it is inappropriate to encourage investment by relaxing domestic health, safety or environmental measures. Accordingly, a Party should not waive or otherwise derogate from, or offer to waive or otherwise derogate from, such measures as an encouragement for the establishment, acquisition, expansion or retention in its territory of an investment of an investor of a Party or a non-Party. If a Party considers that another Party has offered such an encouragement, it may request consultations with that other Party and the Parties shall consult with a view to avoiding any such encouragement.
Appears in 2 contracts
Samples: Investment Agreement, Investment Agreement
Health, Safety and Environmental Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting, maintaining or enforcing any measure consistent with this Agreement that is in the public interest, such as measures to meet health, safety or environmental concerns.
2. The Parties recognize that it is inappropriate to encourage investment by relaxing domestic health, safety or environmental measures. Accordingly, a Party should not waive or otherwise derogate from, or offer to waive or otherwise derogate from, such measures as an encouragement for the establishment, acquisition, expansion or retention in its territory of an investment of an investor of a Party or a non-Party. If a Party considers that another Party has offered such an encouragement, it may request consultations with that other Party and the Parties shall consult with a view to avoiding any such encouragement.. ARTICLE 102
Appears in 1 contract
Samples: Investment Agreement
Health, Safety and Environmental Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting, maintaining or enforcing any measure consistent with this Agreement that is in the public interest, such as measures to meet health, safety or environmental concernsconcems.
2. The Parties recognize that it is inappropriate to encourage investment by relaxing domestic health, safety or environmental measures. Accordingly, a Party should not waive or otherwise derogate from, or offer to waive or otherwise derogate from, such measures as an encouragement for the establishment, acquisition, expansion or retention in its territory of an investment of an investor of a Party or a non-Party. If a Party considers that another Party has offered such an encouragement, it may request consultations with that other Party and the Parties shall consult with a view to avoiding any such encouragement.
Appears in 1 contract
Samples: Investment Agreement
Health, Safety and Environmental Measures. β
1. Nothing in this Agreement shall be construed to prevent a Party from adopting, maintaining or enforcing any measure consistent with this Agreement that is in the public interest, such as measures to meet health, safety or environmental concerns.
2. The Parties recognize that it is inappropriate to encourage investment by relaxing domestic health, safety or environmental measures. Accordingly, a Party should not waive or otherwise derogate from, or offer to waive or otherwise derogate from, such measures as an encouragement for the establishment, acquisition, expansion or retention in its territory of an investment of an investor of a Party or a non-Party. If a Party considers that another Party has offered such an encouragement, it may request consultations with that other Party and the Parties shall consult with a view to avoiding any such encouragement.
Appears in 1 contract
Samples: Investment Agreement