Common use of Investment treatment Clause in Contracts

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.