National Treatment and Most Favored Nation Treatment. 1. Each Contracting Party shall accord in its territory to investments and the income of investors of the other Contracting Party treatment no less favorable than that which it accords to investments and returns of investors of its own State or investments and returns of investors of any third state, depending what kind of regime for investor opinion, it is the most favorable. 2. Each Contracting Party shall submit to the territory of the State investors of the other Contracting Party in regard to the management, maintenance, use or disposal of their investments treatment no less favorable than that which it accords to investors of their state or to investors of any third state, depending on which mode is on According to the investor, it is the most favorable., 3. The provisions of paragraphs 1 and 2 of this Article shall not be construed so as to oblige one Contracting Party to extend to investors of the other Contracting Party and their investments the benefits of any treatment, benefits or privileges that can be granted to the latter Contracting Party in force: a) free trade agreement, customs union, common market, economic or monetary union or other similar international agreements including other forms of regional economic cooperation, a member of which each Contracting Party is or may become in the future; b) agreement for the avoidance of double taxation or other international agreement relating wholly or partly to taxation.
Appears in 3 contracts
Samples: Investment Agreement, Investment Agreement, Investment Agreement
National Treatment and Most Favored Nation Treatment. 1. Each Contracting Party shall accord in its territory to investments and the income returns of investors of the other Contracting Party treatment no less favorable than that which it accords to investments and returns of investors revenues of its own State investors or to investments and returns of investors of any third state, depending what kind of regime for investor opinion, it which one is more favorable to the most favorableinvestors of the other Contracting Party.
2. Each Contracting Party shall submit to the in its territory of the State investors of the other Contracting Party in regard to the expansion, management, maintenance, use use, enjoyment or disposal of their investments treatment no less favorable than that which it accords to its own investors of their state or to investors of any third statecountry, depending on which mode one is on According more favorable to the investor, it is investors of the most favorableother Contracting Party.,
3. The provisions of paragraphs 1 and 2 of this Article shall not be construed Construed so as to oblige one Contracting Party to extend to investors of the other Contracting Party and their investments the benefits benefit of any treatment, benefits or privileges that can be granted to the latter Contracting Party in forcearising from:
a) participation (or connection) in existing or possible future free trade agreementarea, customs union, economic union, common market, economic or monetary union market or other similar international agreements including other forms of regional economic cooperation, a member of to which each either Contracting Party is or may become in the future;
b) agreement for the international agreements on avoidance of double taxation or other international agreement arrangements relating wholly or partly mainly to taxation.
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Samples: Investment Protection Agreement