Common use of National and Most-favoured-nation Treatment Clause in Contracts

National and Most-favoured-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 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 co-operation to which either of the Contracting Party is or may become a Party; b. Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-nation Treatment. (1. Each ) Investments made by investors of one Contracting Party shall in its the territory accord to investments and returns of investors of the other Contracting Party Party, as well as the returns therefrom, shall be accorded treatment which is fair and equitable and not less favourable than that which it the latter Contracting Party accords to the investments and returns of its own investors or to investments and returns of investors of any third state whichever is more favourableState. (2. Each ) Investors of one Contracting Party shall in its territory accord to investors of be accorded by the other Contracting Party, as regards the management, maintenance, use, enjoyment or disposal of or their investmentinvestments, treatment which is fair and equitable and not less favourable than that which it the latter Contracting Party 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 Contracting Party the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party to investors of a third State by virtue of: a. (a) Any customs union existing or future free trade area area, customs union, common market or a monetary union or other similar international agreements leading to such unions or institutions or including other forms of regional economic co-operation to which either of the Contracting Party Parties is or may become a Party;; and b. (b) Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-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 investment 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 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 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 or any treatment, preference or privilege which may be extended by the former 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 co-operation cooperation to which either one of the Contracting Party Parties is or may become a Partyparty; b. b) Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-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 no less favourable than that which it accords to investments and returns of its own investors investors, or to investments and returns of investors of any third state whichever is more favourableState. 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 investmentinvestments, treatment which is fair and equitable and not no 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 the benefit of any treatment, preference or privilege privilege, which may be extended by the former Contracting Party by virtue of: a. Any (a) any customs union or free trade area or a monetary common external tariff area of economic union or similar international agreements leading to such unions or institutions a monetary agreement or other forms of regional co-operation cooperation to which either of the Contracting Party Parties is or may become a Party;party; or b. Any (b) any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-nation Treatment. 1. Each Contracting Party shall in its territory accord to investments investment 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 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 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 : /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 co-operation cooperation to which either of the Contracting Party is or may become a Party; b. Any . /b/ any international agreement or arrangement arragement relating wholly or mainly to taxation.

National and Most-favoured-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 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 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 the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: a. Any 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 co-operation cooperation to which either of the Contracting Party Parties is or may become a Party; b. Any b) any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-nation Treatment. 1. Each Investments made by investors of one Contracting Party shall in its the territory accord to investments and returns of investors of the other Contracting Party Party, as well as the returns therefrom, shall be accorded treatment which is fair and equitable and not less favourable than that which it the one the latter Contracting Party accords to the investments and returns of its own investors or to investments and returns of investors of any third state whichever is more favourableState. 2. Each Both Contracting Party Parties shall in its territory accord to investors of the other Contracting Party, as regards the management, maintenance, use, enjoyment or disposal of their investmentinvestments made in their territory, treatment which is fair and equitable and not less favourable than that which it the one the latter Contracting Party 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 Contracting Party the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: a. Any customs union a) existing or future free trade area area, customs union, common market or a monetary union or other similar international agreements leading to such unions or institutions or including other forms of regional co-economic co- operation to which either of the Contracting Party Parties is or may become a Party;, and b. Any international agreement b) bilateral and multilateral agreements, having or arrangement not regional nature, relating wholly or mainly to taxation.

National and Most-favoured-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 Party, as regards management, maintenance, 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 of any third State, 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. (a) Any existing or future customs union or union, free trade area or a monetary union or similar international agreements leading to such unions or unions, institutions or other forms of regional co-operation economic cooperation to which either of the Contracting Party is or may become a Party; b. (b) Any international agreement or arrangement relating wholly or mainly to taxation or any domestic legislation relating wholly or mainly to taxation.

National and Most-favoured-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 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 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. (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 co-operation cooperation to which either of the Contracting Party Parties is or may become a Partyparty; b. (b) Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-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 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 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 privilege, which may be extended by the former Contracting Party by virtue of: a. Any : /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 co-operation cooperation to which either of the Contracting Party is or may become a Party; b. Any ; /b/ any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-nation Treatment. 1. Each 1 — Investments made by investors of one Contracting Party shall in its the territory accord to investments and returns of investors of the other Contracting Party Party, as also the returns therefrom, shall be accorded treatment which is fair and equitable and not less favourable than that which it the latter Contracting Party accords to the investments and returns of its own investors or to investments and returns of investors of any third state whichever is more favourableState. 2. Each 2 — Investors of one Contracting Party shall in its territory accord to investors of be accor- ded by the other Contracting Party, as regards managementthe mana- gement, maintenance, use, enjoyment or disposal of or their investmentinvestments, treatment which is fair and equitable and not less favourable than that which it the latter Contracting Party accords to its own investors or to investors of any third State, whichever is more favourable. 3. 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 in- vestors of the other Contracting Party the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: a. a) Any customs union existing or future free trade area area, customs union, common market or a monetary union or other similar international agreements leading to such unions or institutions or including other forms of regional economic co-operation to which either of the Contracting Party Parties is or may become a Party;; and b. b) Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-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 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 co-operation to which either of the Contracting Party is or may become a Party; b. Any any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-nation Treatment. (1. Each ) Investments made by investors of one Contracting Party shall in its the territory accord to investments and returns of investors of the other Contracting Party Party, as well as the returns therefrom, shall be accorded treatment which is fair and equitable and not less favourable than that which it the latter Contracting Party accords to the investments and returns of its own investors or to investments and returns of investors of any third state whichever is more favourableState. (2. Each ) Investors of one Contracting Party shall in its territory accord to investors of be accorded by the other Contracting Party, as regards the management, maintenance, use, enjoyment or disposal of or their investmentinvestments, treatment which is fair and equitable and not less favourable than that which it the latter Contracting Party 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 Contractng Party to extend to the investors of the other Contracting Party the benefit of any treatment, preference or privilege which may be extended estended by the former Contracting Party to investors of a third State by virtue of: a. Any customs union (a) any existing or future free trade area area, customs union, common market or a monetary union or other similar international agreements leading to such unions or institutions or including other forms of regional economic co-operation to which either of the Contracting Party Parties is or may become a Party;; and b. Any (b) any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-nation Treatment. 1. Each Contracting Party shall in to its territory accord to investments and returns of investors of the other Contracting contracting Party treatment which is fair and equitable and not .not less favourable than that which it accords to investments investment 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 Party, as regards management, maintenance, use, enjoyment or disposal of their investment, treatment which is fair and equitable and not less teas favourable than that which it accords to its own investors or 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 the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: a. (a) Any customs union or free trade area or a monetary union or similar international agreements leading loading to such such, unions or institutions or other forms of regional co-operation cooperation to which either of the Contracting Party Contacting Parties is or may become a Partyparty; b. (b) Any international agreement or arrangement agreement relating wholly or mainly to taxation.

National and Most-favoured-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 investment 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 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 of any third State, whichever is more favourable. 3. The provisions of paragraph 1 and 2 this Agreement relative to the grant of this Article treatment not less favourable than that accorded to the investors of either Contracting Party or of any third State 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 resulting from any existing or future customs union union, or free trade area area, or a an economic and monetary union union, or similar international agreements leading to such unions or institutions or other forms of regional economic co-operation to which either of the Contracting Party Parties is or may become a Party; b. Any international agreement or arrangement relating wholly or mainly to taxationparty.

National and Most-favoured-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 Xxxxx 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 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 (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 co-operation cooperation to which either of the Contracting Party Parties is or may become a Partyparty; b. Any (b) any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-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 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 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 Contracting Party the benefit of any treatment, preference or privilege which may be extended by the former 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 co-operation cooperation to which either of the Contracting Parties is or may become a party; (b) Any international agreement or arrangement relating wholly or mainly to taxation; (c) Any multilateral agreements on investments to which either of the Contracting Party is or may become a Party; b. Any international agreement or arrangement relating wholly or mainly to taxationparty.

National and Most-favoured-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 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 co-operation cooperation to which either of the Contracting Party is or may become a Party; b. Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-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 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 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. : /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 co-operation cooperation to which either of the Contracting Party is or may become a Party; b. party; /b/ Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-nation Treatment. 1. Each Contracting Party shall in its territory accord to investments and returns of investors of the other Contracting contracting Party treatment which is fair and equitable and not less favourable than then 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 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 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 : /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 co-operation cooperation to which either of the Contracting Party is or may become a Party; b. Any ; /b/ any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-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 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 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. (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 co-operation cooperation to which either of the Contracting Party is or may become a Partyparty; b. (b) Any international agreement or arrangement relating wholly or mainly to taxation.

National and Most-favoured-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 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 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 Contracting Party the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: a. Any : /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 co-operation cooperation to which either of the Contracting Parties is or may become a party; /b/ any international agreement or arrangement relating wholly or mainly to taxation; /c/ any multilateral agreements on investments to which either of the Contracting Party is or may become a Party; b. Any international agreement or arrangement relating wholly or mainly to taxationparty.

National and Most-favoured-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 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 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 : /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 co-operation to which either of the Contracting Party is or may become a Party; b. Any party; /b/ any international agreement or arrangement relating wholly or mainly to taxation.