Common use of National and Most Favored Nation Treatment Clause in Contracts

National and Most Favored Nation 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 its own investors or to investments and returns of investors of any third State whichever is more favourable. (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 investment, treatment, which is fair and equitable and not less favourable than that which it accords to its own investors or to investors of any third State, whichever is more favourable. (3) The provisions of paragraph 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 the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: (a) any customs union or free trade area or a monetary union or similar international agreements leading to such unions or institutions or other forms of regional cooperation to which either of the Contracting Parties is or may become a party, or any agreement with any country member of such regional cooperation; (b) any international agreement or arrangement relating wholly or mainly to taxation.

National and Most Favored Nation 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 its own investors or to investments and returns of investors of any third State State, whichever is more favourable. (2) . Each Contracting Party shall in its territory accord to investors of the other Contracting contracting Party, as regards management, maintenance, use, enjoyment or disposal of their investment, treatment, treatment which is fair and equitable and not less favourable than that which it accords to its own investors or to investors of any third State, whichever is more favourable. (3) . The provisions of paragraph 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 and their investments the benefit of any treatment, preference or privilege which may be extended by the former foreigner Contracting Party by virtue of: (a) : /a/ any customs union or free trade area or a monetary union or similar international agreements leading to such unions or institutions or other forms of regional cooperation co-operation to which either of the Contracting Parties is or may become a party, ; or any agreement with any country member of such regional cooperation; (b) /b/ any international agreement or an-arrangement relating wholly or mainly to taxation. 4. Nothing in this Agreement shall prevent either Contracting Party from applying new measures adopted within the framework of one of the forms of regional cooperation referred to in paragraph 3) /a/ of this Article, which replace the measures previously applied by that Contracting Party.

National and Most Favored Nation 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 favorable than that which it accords to investments and returns of its own investors or to investments and returns of investors of any third State State, whichever is more favourablefavorable. (2) . Each Contracting Party shall in its territory accord to investors of the other Contracting Party, regarding activities directly related to their investment, such as regards management, maintenance, use, enjoyment or disposal disposition of their investment, treatment, treatment which is fair and equitable and not less favourable less 3. Favorable than that which it accords to its own investors or to investors of any third State, whichever is more favourablefavorable. (3) 4. The provisions of paragraph 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 the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue 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 the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: (a) any customs union or Any free trade area area, customs union, common market, economic or a monetary union or similar international agreements leading to such unions or institutions or other forms of regional cooperation to which either of the Contracting Parties is or may become a party, or any agreement with any country member of such regional cooperation; (b) any Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most Favored Nation 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 its own investors or to investments and returns of investors of any third State whichever is more favourable. (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 investment, treatment, which is fair and equitable and not less favourable than that which it accords to its own investors or to investors of any third State, whichever is more favourable. (3) The provisions of paragraph 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 the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: (a) any Any customs union or free trade area or a monetary union or similar international agreements leading to such unions or institutions or other forms of regional cooperation to which either of the Contracting Parties is or may become a party, or any agreement with any country member of such regional cooperation; (b) any Any international agreement or arrangement relating wholly or mainly to taxation.