Investment treatment. 1. Each Contracting Party shall grant in its territory to investments of investors of the other Contracting Party a treatment which is no less favourable than that it grants to investments of its own investors or to investments of investors of any other State, whichever is more favourable to the investor.
2. Each Contracting Party shall grant in its territory to investors of the other Contracting Party, concerning the operation, management, maintenance, use, usufruct or disposal of its investments, a treatment which is no less favourable than that granted to its own investors or to investors of any third State, whichever is more favourable to the investor.
3. Notwithstanding the provisions of Paragraph (1) and (2) of this Article, a Contracting Party which has concluded or may conclude an agreement regarding the formation of a custom union, a common market or a free-trade area shall be free to grant, by virtue of such agreements, more favourable treatment to investments by investors of the State or States which are also parties to the aforesaid agreements, or by investors of some of these States.
4. The provisions of Paragraph (1) and (2) of this Article shall not be construed so as to oblige one Contracting Party to extend to investors of the other Contracting Party the benefit of any treatment, preference or privilege resulting from any international agreement or arrangement relating wholly or mainly to taxation or any domestic legislation relating wholly or mainly to taxation.
Investment treatment. (1) Each Contracting Party shall in its territory accord to investments and returns of investors of the other Contracting Party treatment which is fair and equitable and no less favourable than that which it accords to investments and returns of its own investors or to investments and returns of investors of any third country.
(2) Each Contracting Party shall in its territory accord to investors of the other Contracting Party, as regards management, maintenance, use, enjoyment or disposal of their investments, treatment which is fair and equitable and no less favourable than that which it accords to its own investors or to the investors of any third country.
(3) The provisions of paragraphs (1) and (2) of this Article shall not be construed so as to oblige one Contracting Party to extend to the investors of the other Contracting Party the benefit of any treatment, preference or privilege which may be extended by virtue of:
(a) any existing or future customs union or free trade area, a common external tariff area, a monetary union or similar international agreement or other forms of regional cooperation to which either Contracting Party is or may become a party; or
(b) any existing or future convention or other international arrangement relating wholly or mainly to taxation.
Investment treatment. (a) Investments of the investors of one Contracting Party in the territory of the other Contracting Party, as also the returns therefrom, shall receive treatment which is fair snd equitable and not less favourable than that accorded in respect of the investments and returns of the investors of the latter Contracting Party or of any third State.
(b) Each Contracting Party shall in its territory accord to the investors of the other Contracting Party as regards the management, use, enjoyment or disposal of their investments, treatment which is fair and equitable and not less favourable than that which it accords to its own investors or to the investors of any third State.
2. The provisions of this Agreement relating to the grant of treatment not less favourable than that accorded to the investors of either Contracting Party or of any third State shall not be construed so as to oblige one Contracting Party to extend to the investors of the ether Contracting Party the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of:
(a) the formation or extension of a customs union or a free trade area or a common external tariff area or monetary union or a regional association for economic cooperations or
(b) the adoption of an agreement designed to lead to the formation or extension of such a union or area within a reasonable length of time; or
(c) any arrangement with a third country or countries in the same geographical region designed to promote regional cooperation in the economic, social, labour, industrial or monetary fields within the framework of specific projects; or
(d) the grant to a particular person or company of the status of a "promoted person" under the law of Thailand on the promotion of investment; or
(e) any international agreement or arrangement, or any domestic legislation, relating wholly or mainly to taxation.
Investment treatment. 1. Each Contracting Party shall recognize investments in the territory of its State in accordance with its legislation and this Agreement.
2. Each Contracting Party shall provide to investments of the State of the other Contracting Party, in respect of the management, maintenance, use, operation, expansion, enjoyment, sale, liquidation or abandonment, of treatment as favourable as that accorded to investments of its own investors or those of third parties. state, whichever is more favourable.
3. Each Contracting Party shall, within the framework of its national legislation, provide special attention to the application for entry and stay of nationals wishing to enter the territory of the State of the other Contracting Party, in connection with the investment and its maintenance.
4. The provisions of this Article shall not be construed as obliging a Contracting Party to grant to investors of the other Contracting Party any advantage in treatment, preferences or privileges granted by the first Contracting Party to investors from a third State within the framework of:
a) any agreement on membership of an economic union, a customs union, a free trade area, a monetary union or a similar international agreement establishing such unions or other forms of regional cooperation, or
b) any international agreement or arrangement relating in whole or in part to taxation.
5. Paragraph 2 of this Article shall not apply to the provisions of this Agreement governing the settlement of disputes between investors and the host country or any other international agreement to which a Contracting Party is a party.
6. The provisions of Art. 3 and 4 of this Agreement shall not oblige a Contracting Party to grant the same treatment to investors of the State of the other Contracting Party with regard to the acquisition of land, real estate and real rights thereto.
Investment treatment. 1. Each Contracting Party shall accord to investments and activities related to investments made in its territory by investors of the other Contracting Party treatment no less favorable than that granted by it to investment and investment-related activities by its own investors or investors of any third country. Each Contracting Party will extend such treatment to the investor's rights to manage, operate, purchase, sell, transfer the investment, including the right to obtain and transfer revenue.
2. The provisions of paragraph 1 shall not apply where: - one of the Contracting Parties is or will become a party to a multilateral or bilateral operational relationship, economic union, customs union, monetary union, free trade zone or other analogous regional economic cooperation organizations, - one of the Contracting Parties will accede to the agreement establishing such organizations, - one of the Contracting Parties is a party to any international or regional agreement relating wholly or principally to tax matters or capital movements.
Investment treatment. 1. Each Contracting Party shall grant on its territory, to the investments carried out by investors of the other Contracting Party, a treatment that is not less privileged than that accorded to its investors or to investors of any third party.
2. Each Contracting Party shall grant on its territory to the investors of the other Contracting Party, particularly in respect of the management, use and benefit of their investments, a treatment which is not less privileged than that accorded to its investors or to investors of a third party.
3. This treatment shall not extend to the privileges granted by a Contracting Party to investors of a third party, by virtue of their membership in a customs or economic union, common market or free exchange zone, or their participation in any type of such organizations.
4. Likewise, the treatment accorded under this Article shall not extend to the privileges granted by a Contracting Party to third party investors under an agreement for the elimination of double taxation or other type of agreement in the field of tax levy.
Investment treatment. (1) Investments of investors of one Contracting Party in the territory of the other Contracting Party and also the returns therefrom shall receive treatment which is fair and equitable and not less favourable than that accorded in respect of the investments of the investors of any third state.
(2) Each Contracting Party shall in its territory accord, to investors of the other Contracting Party as regards to the managment, maintenance, use, enjoyment or disposal of their investments, treatment which is fair and equitable and not less favourable than that which it accords to investors of any third country.
(3) The Provisions of Paragraphs (1) and (2) of this Article shall not be construed so as to oblige one Contracting Party to extend to investors of the other Contracting Party the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of:
(a) Any exisiting or future customs union or free trade area, a common external tariff area, a common market, a monetary union or economic multilateral or international agreement or other forms of regional cooperation to which either Contracting Party is or may become a Party; or
(b) Any existing or future conventions or other international arrangements relating wholly or mainly to taxation or based on cross border trade agreements.
Investment treatment. 1. Each Contracting Party shall provide investors of the other Contracting Party and their investments with the treatment not less favorable than that to its own investors and their investments or investors of any third country and their investments with regard to the management, operation, maintenance, use, possession, sale and liquidation of these investments, regardless of which one is more favorable for the investor.
2. None of the provisions of this Agreement shall be construed as:
(a) Preventing the Contracting Party from any action aimed to perform its obligations under the UN Charter for the maintenance of international peace and security; or
(b) An obligation of either Contracting Party to extend to investors of the other Contracting Party and their investments the current or future benefits of any treatment, preference or privileges based on its participation in a similar agreement or any other multilateral investment agreement; or
(c) An obligation of either Contracting Party to extend to investors of the other Contracting Party and to their investments the current or future benefits of any treatment, preferences or privileges arising from the obligations of the Contracting Party under international agreement and international tax legislation.
3. For greater accuracy, the treatment specified in paragraph 1 shall not include any dispute resolution mechanisms or any activities with respect to the host country's contractual obligations that are provided for under the existing or other international agreements.
Investment treatment. (1) Each Contracting Party shall in its territory accord to investments and returns of investors of the other Contracting Party treatment which is fair and equitable and not less favourable than that which it accords to investments and returns of investors of any third country.
(2) Each Contracting Party shall in its territory accord to investors of the other Contracting Party, as regards management, maintenance, use, enjoyment or disposal of their investments, treatment which is fair and equitable and not less favourable than that which it accords to the investors of any third country.
(3) Each Contracting Party shall accord, in accordance with its applicable laws and regulations, treatment to the investments and returns of investors of the other Contracting Party as it accords to the investments and returns of its own investors.
(4) The provisions of paragraphs 1,2 and 3 of this Article shall not be construed so as to oblige one Contracting Party to extend to the investors of the other the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of:
(a) any existing and future customs union or free trade area, a common external tariff area, a monetary union or similar international agreement or other forms of regional cooperation to which either Contracting Party is or may become a Party; or
(b) any existing or future convention or other international arrangement relating wholly or mainly to taxation.
Investment treatment. (1) Investments of investors of one Contracting Party in the territory of the other Contracting Party and also the returns there from shall receive treatment which is fair and equitable and not less favorable than that accorded in respect of the investments of its own investors or those of any third state.
(2) Each Contracting Party shall in its territory accord, to investors of the other Contracting Party as regards the management, maintenance, use, enjoyment or disposal of their investments, treatment which is fair and equitable and not less favorable than that which it accords to its own investors or to investors of any third country.
(3) The provisions of paragraphs (1) and (2) of this Article shall not be construed so as to oblige one Contracting Party to extend to investors of the other Contracting Party file benefit of any treatment, preference or privilege which may be extended by tiie former Contracting Party by virtue of:
(a) Any existing or future customs union or free trade area, a common external tariff area, a common market, a monetary union or similar international agreements or other forms of regional cooperation to which either Contracting Party is or may become a party; or
(b) Any existing or future conventions or oilier international arrangements relating wholly or mainly to taxation.
