Common use of Investment Regime Clause in Contracts

Investment Regime. 1. Each Contracting Party shall ensure in its territory fair investments of investors of the State of the other Contracting Party for the management and disposal. 2. The regime referred to in paragraph 1 of this Article, should be no less favorable than that accorded to the investments of its own investors or investors of any third state, depending on which of them, in view of the investor, it is more favorable. 3. Each Contracting Party reserves the right, in accordance with the laws of your state to determine the economic areas and activities where restricted or prohibited the activities of foreign investors. 4. Treatment granted in accordance with paragraph 2 of this Article shall not apply to the advantages which the Contracting Parties providing or will provide in the future: In connection with participation in a free trade area, customs or economic union; On the basis of agreements to avoid double taxation or other agreements on taxation; In accordance with the agreements of the Russian Federation with the countries formerly part of the former Union of Soviet Socialist Republics; In accordance with the agreements of the Syrian Arab Republic and other Arab countries. 5. Without prejudice to the provisions of Articles 4, 5 and 8 of this Agreement, the Contracting Parties shall grant each other treatment no more favorable than that which they grant each other, in accordance with the commitments made under the Agreement Establishing the World Trade Organization (WTO) of 15 in April 1994, including the commitments to the General agreement on trade in services (GATS), as well as any other multilateral agreement, which can be achieved with the participation of both Contracting Parties, and which will deal with the mode of investment.