Investment Promotion and Protection. 1. Each Contracting Party shall encourage investments and create favorable conditions in its territory for investments by investors of the other Contracting Party and, subject to its rights under its law, accept those investments. 2. Investments of the investors of the Contracting Party in the territory of the other Contracting Party shall be guaranteed at any time fair and equitable treatment as well as full protection and security in accordance with the principles of international law and the provisions of this Agreement. No Contracting Party shall in any way be construed as preventing, managing, maintaining, exercising, or disposing of investments by investors of the other Contracting Party in the territory of investors of the other Contracting Party. Each Contracting Party shall execute all of its obligations and commitments to investors of the other Contracting Party. 3. The investments of investors of both Contracting Parties after approval shall not be subject to additional performance requirements that may cause damage to their viability or adverse effects on their use, management, operation, operation, expansion, sale or other disposal.
Appears in 7 contracts
Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Agreement
