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

National Treatment and Most Favored Nation Treatment. 1. Each Contracting Party shall accord to investors of Contracting Parties and investments a treatment less favorable than it accords to its own investors and their investments or investors in the state of affairs and their investments, in about the management. operation, maintenance, use, unification, selling and liquidation of an investment of any investor, whichever is the most favorable for the investor. 2. The provisions of this Article shall not be construed as affecting one Party Contractors to increase the benefits of any treatment, preference or privilege of investors to the other Contracting Party, or its investors, relying on: a) Any current or future membership in a free market area, a customs union, a monetary union, a common market, an economic community or a sound investment agreement; b) Any international agreement or domestic law relating to taxation; c) The most favored nation should not be applied to any procedural or legal issue; d) National treatment is governed by the law of the respective Contracting States.