Investment Promotion and Protection. 1. The two Parties undertake to strengthen and deepen cooperation between them with a view to encouraging, promoting and protecting investments made in the territory of one Party by investors from the other Contracting Party. 2. Each of the two Parties shall create favourable conditions for investment in its territory for the benefit of investors of the other Contracting Party in accordance with its legislation. 3. Investments by investors of each Party shall be treated fairly and at all times equitably in the territory of the other Party. Such investments shall enjoy adequate and sufficient protection in the territory of each Party in accordance with the laws in force. Each Party shall refrain from taking arbitrary measures that might prejudice the management or hinder the investments of the other Party.
Appears in 8 contracts
Samples: Investment Agreement, Investment Agreement, Investment Agreement
