Common use of NAFTA Clause in Contracts

NAFTA. Group of Three Treaty and ExceptionsNAFTA, Group of Three Treaty and Exceptions 1. Nothing in this Agreement shall be interpreted to require a Contracting Party to extend to the other Contracting Party, any investor of the other Contracting Party, or to any investment, any right, privilege, preference or treatment more favourable than required to be extended by that Contracting Party In the case of Canada, under the North American Free Trade Agreement (the "NAFTA") to any state, investor or investment to which the NAFTA applies; In the case of Venezuela, under the Free Trade Treaty of the Group of Three (the "G-3 Agreement") to any state, investor or investment to which the G-3 Agreement applies. 2. Paragraph 1 alone shall not be interpreted to require a Contracting Party to extend to the other Contracting Party, or to any investor of the other Contracting Party, or to any investment, any right, privilege, preference or treatment which it extendsParagraph 1 alone shall not be interpreted to require a Contracting Party to extend to the other Contracting Party, or to any investor of the other Contracting Party, or to any investment, any right, privilege, preference or treatment which it extends — in the case of Canada, under the NAFTA to any state, investor or investment to which the NAFTA applies; — in the case of Venezuela, under G-3 Agreement to any state, investor or investment to which the G-3 Agreement applies.