Joint Committee on Investment. 1. The Parties hereby establish a Joint Committee on Investments (hereinafter: "the Committee"), composed of representatives of each Party and headed by senior officials of each Party.
2. Unless otherwise agreed by the Parties the committee shall meet on the request of either Party at any time as requested.
3. The functions of the Committee shall include:
(a) a general review of this Agreement with a view to furthering its objectives;
(b) to discuss and review the implementation and operation of this Agreement;
(c) to review the non-conforming measures maintained, amended or modified for the purpose of contributing to the reduction or elimination of such non-conforming measures;
(d) to exchange information on and to discuss investment-related matters within the scope of this Agreement which relate to improvement of investment environment;
(e) to consider any issues raised by either Party concerning investment agreements;
(f) review the possibility of further facilitation of investment between the Parties;
(g) evaluation of the results obtained from the application of this Agreement and consideration of any other issues or matters related to the implementation of this Agreement including solving problems, obstacles and dispute resolution before its submission to arbitration; and
(h) To exchange information on both Parties' legislation as well as internal regulations and procedures, regarding the possibility of obtaining entry visas to their respective countries for investors and discussion of any issues which may arise related to such.
4. The Committee may, as necessary, make appropriate recommendations by consensus to the Parties for the more effective functioning or the attainment of the objectives of this Agreement.
5. The Committee may, upon mutual consent of the Parties, invite representatives of relevant entities other than the Governments of the Parties with the necessary expertise relevant to the issues to be discussed, and hold joint meetings with the private sectors.
6. The Committee may establish sub-committees and delegate specific tasks to such sub-committees.
7. The Committee shall discuss any issues regarding the implementation and interpretation of this Agreement.
Joint Committee on Investment. 1. For the purposes of effective implementation of this Chapter, a Joint Committee on Investment (hereinafter referred to in this Article as “the Committee”) shall be established. The functions of the Committee shall be:
(a) reviewing and discussing the implementation and operation of this Chapter;
(b) reviewing the specific exceptions under paragraph 1 of Article 76 for the purpose of contributing to the reduction or elimination, where appropriate, of such exceptions, and encouraging favourable conditions for investors of both Parties; and
(c) discussing other investment related issues concerning this Chapter.
2. The Committee may decide to hold a joint meeting with the private sector.
Joint Committee on Investment. 1. A Joint Committee on Investment shall be established within one (1) year from the entry into force of this Agreement.
2. The functions of the Joint Committee shall be to:
(a) review the implementation and operation of this Agreement;
(b) submit a report to the Parties on the implementation and operation of this Agreement;
(c) consider and recommend to the Parties any amendments to this Agreement;
(d) supervise and coordinate the work of all Subcommittees established under this Agreement; and
(e) carry out other functions as may be agreed by the Parties.
Joint Committee on Investment. 1. The Contracting Parties shall establish a Joint Committee on Investment (hereinafter referred to as “the Committee”) with a view to accomplishing the objectives of this Agreement. The functions of the Committee shall be:
(a) to exchange information on and to discuss investment-related matters within the scope of this Agreement which relate to improvement of investment environment; and
(b) to discuss any other investment-related matters concerning this Agreement.
2. The Committee may, as necessary, make appropriate recommendations by consensus to the Contracting Parties for the more effective functioning or the attainment of the objectives of this Agreement.
3. The Committee shall be composed of representatives of the Contracting Parties. The Committee may, upon mutual consent of the Contracting Parties, invite representatives of relevant entities other than the Governments of the Contracting Parties with the necessary expertise relevant to the issues to be discussed, and hold joint meetings with the private sectors.
4. The Committee shall determine its own rules of procedure to carry out its functions.
5. The Committee may establish sub-committees and delegate specific tasks to such sub-committees.
6. The Committee shall meet upon the request of either Contracting Party.
Joint Committee on Investment. 1. For the purposes of the effective implementation and operation of this Agreement, the Contracting Parties may establish a Joint Committee on investment composed of senior representatives of the Contracting Parties.
2. The Joint Committee shall meet whenever necessary. Each Party may request at any time, through a notice In writing to the other Party, that a meeting of the Joint Committee be held. The request shall provide sufficient information to understand the basis for the request, including, where relevant, identification of issues in dispute. Such a meeting shall take place within 60 days of receipt of the request, unless the Parties agree otherwise.
3. The functions of the Joint Committee shall be to:
a) Facilitate the consultation, negotiation, and settlement in case of investment disputes between an investor and a Contracting Party with a view io setiling the case arnicably;
b) Supervise and review the implementation and operation of this Agreement;
c) Exchange information on any matters related to this Agreement;
d) Review case-law of investment arbitration tribunals relevant to the implementation of this Agreement;
e) issue an interpretation of the provisions in this Agreement, which shall be binding on a Tribunal established under Article 10 (Settlement of dispute between a Contracting Party and an investor),
4. The Joint Committee shall establish its rules of procedure.
Joint Committee on Investment. For the purposes of the effective implementation and operation of this Agreement, the Contracting Parties hereby establish a Joint Committee on Investment [“JCI”] composed of senior representatives of the Contracting Parties.
Joint Committee on Investment. A Joint Committee on Investment shall be established within one (1) year from the entry into force of this Agreement. The functions of the Joint Committee shall be to: review the implementation and operation of this Agreement; submit a report to the Parties on the implementation and operation of this Agreement; consider and recommend to the Parties any amendments to this Agreement; supervise and coordinate the work of all Sub- Committees established under this Agreement; and carry out other functions as may be agreed by the Parties. The Joint Committee on Investment: shall be composed of representatives of the Parties; and may establish Sub-Committees and delegate its responsibilities thereto.
Joint Committee on Investment. 1. For the purposes of the effective implementation and operation of this Agreement, a Joint Committee on Investment (“JCI”) composed of senior representatives of the authorities of each territory shall be established.
2. The JCI shall meet whenever necessary. Each Contracting Party may request at any time, through a notice in writing to the other Contracting Party, that a meeting of the JCI be held. The request shall provide sufficient information to understand the basis for the request, including, where relevant, identification of the issues in dispute. Such a meeting shall take place within 60 days of receipt of the request, unless the Contracting Parties agree otherwise.
3. The functions of the JCI shall be to:
(a) facilitate the consultation, negotiation, and settlement of investment disputes between a disputing investor and authorities of the other territory with a view to settling such disputes amicably;
(b) supervise and review the implementation and operation of this Agreement;
(c) exchange information on any matters related to this Agreement;
(d) review case law of investment arbitration tribunals relevant to the implementation of this Agreement; and
(e) issue an interpretation of a provision of this Agreement, which shall be binding on a tribunal established under Section B.1 (Settlement of Disputes between an Investor of a Territory and Authorities of the other Territory of a Contracting Party) pursuant to Article 26 (Governing Law).
4. The JCI shall establish its rules of procedure.
Joint Committee on Investment. For the purposes of effective implementation of this Chapter, a Joint Committee on Investment (hereinafter referred to in this Article as “the Committee”) shall be established. The functions of the Committee shall be:
Joint Committee on Investment. 1. A Joint Committee on Investment shall be established within one (1) year from the entry into force of this Agreement.
2. The functions of the Joint Committee shall be to:
(a) review the implementation and operation of this Agreement;
(b) submit a report to the Parties on the implementation and operation of this Agreement;
(c) consider and recommend to the Parties any amendments to this Agreement;
(d) supervise and coordinate the work of all Sub- Committees established under this Agreement; and
(e) carry out other functions as may be agreed by the Parties.
3. The Joint Committee on Investment:
(a) shall be composed of representatives of the Parties; and
(b) may establish Sub-Committees and delegate its responsibilities thereto.
