Investments of investors of either Contracting Party shall enjoy full protection and security in the territory of the State of the other Contracting Party. No Contracting Party shall in any way apply arbitrary and discriminatory measures in respect of the management, maintenance, use, maintenance, and placement of investments in its territory to investors of the other Contracting Party.
Investments of investors of either Contracting Party shall at all times be fair and equitable and receive full protection and security in the territory of the State of the other Contracting Party.
Investments of investors of either Contracting Party shall not be nationalized, expropriated or subjected to measures having effect equivalent to nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party except for a public purpose. The expropriation shall be carried out under due process of law, on a non- discriminatory basis and shall be accompanied by provisions for the payment of prompt, adequate and effective compensation. Such compensation shall amount to the market value of the investment expropriated immediately before expropriation or before impending expropriation became public knowledge, shall include interest at a normal commercial rate from the date of expropriation, shall be made without delay, be effectively realizable and be freely transferable in a freely convertible currency.
Investments of investors of either Contracting Party shall not be nationalized expropriated or subjected to measures having effect equivalent to nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party except for a public purpose related to the internal needs of that Party and on a non-discriminatory basis. Any measures of expropriation which might be taken shall give rise to prompt, adequate and effective compensation, the amount of which shall be calculated on the basis of the fair market value of the investment immediately prior to the point of time when the decision for expropriation was announced or became publicly known. Where the market value cannot be readily ascertained, the compensation shall be determined in accordance with the generally recognized principles of valuation and on equitable principles taking into account, inter alia, the capital invested, depreciation, capital already repatriated, replacement value and other relevant factors. The compensation shall include interest at the current LIBOR rate of interest applicable to the currency in which the investment was originally undertaken, from the date of expropriation until the date of payment. The said compensation shall be effectively realizable, shall be paid without delay and shall be freely transferable.
Investments of investors of either Contracting Party shall always be entitled to fair treatment, fair and fully protected, secure in the territory of the other Contracting Party.
Investments of investors of either Contracting Party shall constantly provide comprehensive legal protection on the territory of the other Contracting Party in accordance with this Agreement.
Investments of investors of either Contracting Party shall at all times enjoy full protection and security in the territory of the other Contracting Party in accordance with laws and regulation.
