National Treatment and Most Favoured Nation. 1. For all matters relating to the treatment of investments of investors of either Contracting Party shall enjoy, in the territory of the other party, of national treatment and most-favoured-nation treatment.
2. As regards the exploitation, management, maintenance, use, enjoyment, sale or other disposition of investments, each Contracting Party shall accord to investors in its territory of the other contracting party a treatment which shall not be less favourable than that it accords to its own investors to investors or of any third State if the treatment is more favourable.
3. Such treatment shall not apply to privileges which either Contracting Party accords to investors of a third State by virtue of its association or participation in a free trade area, customs union, Common Market or any other form of regional economic organization.
4. The provisions of this article shall not apply to tax matters.
National Treatment and Most Favoured Nation. In all matters relating to the treatment of investments the investors of each Contracting Party shall enjoy most-favoured- nation treatment in the territory of the other Party. With respect to the operation, management, maintenance, use, enjoyment and sale or other disposal of investments, each Contracting Party shall accord, on its territory, to investors of the other Contracting Party, treatment no less favourable than that granted to its own investors or to investors of any other State if the latter is more favourable. This treatment shall not include the privileges granted by one Contracting Party to investors of a third State by virtue of its participation or association in a free trade zone, customs union, common market or any other form of regional economic organisation. The provisions of this Article do not apply to tax matters.
National Treatment and Most Favoured Nation. 1. In all matters relating to the treatment of investments, the investors of each Contracting Party shall enjoy national treatment and mostfavoured-nation treatment in the territory of the other Contracting Party. The most favourable nation treatment shall not be applied to matters related to procedural or juridical matters.
2. With respect to the operation, management, maintenance, use, enjoyment and sale or other disposal of investments, each Contracting Party shall accord, on its territory, to investors of the other Contracting Party, treatment no less favourable than that granted to its own investors or to investors of any other State if the latter is more favourable.
3. This treatment shall not include the privileges granted by one Contracting Party to investors of a third State by virtue of its participation or association in a free trade zone, customs union, common market or any other form of regional economic organisation.
4. The provisions of this article do not apply to tax matters or ownership of land and real estates.
National Treatment and Most Favoured Nation. 1. Both Contracting Parties shall, within the limits of their territory, grant investments made by investors of the other Contracting Party, as well as to the activities of these associates and the profits resulting therefrom, no less favorable treatment than that accorded to the investments made by the Its own investors or third-country investors, as well as their associates and the profits outlined therein.
2. Where the legislation of one of the Contracting Parties provides for a regulatory framework under which investors of the other Contracting Party should be granted more favorable treatment than those provided for in this Agreement, the treatment granted to investors of the other Party shall be applied to investors Of the Contracting Party concerned also in the ongoing relations.
3. The provisions of paragraphs 1 and 2 of this Article shall not relate to the advantages and privileges which one of the Contracting Parties may grant to third-country investors on account of their membership of an economic or customs union, a common market, A Free-Trade Area, a Regional or Sub-Regional Agreement, a Multilateral Economic Agreement, or an Agreement to avoid double taxation or to promote cross-border trade. Paragraphs 1 and 2 of this Article shall not relate to the benefits And the privileges that one of the Contracting Parties may accord to third-country investors on account of their membership of an Economic or Customs Union, a Common Market, a Free Trade Area, a Regional or Sub-Regional Agreement, to a Multilateral economic agreement, or an agreement to avoid double taxation, or to encourage cross-border trade.
National Treatment and Most Favoured Nation. 1. In all matters relating to the treatment of investments the investors of each Contracting Party shall enjoy most-favoured- nation treatment in the territory of the other Contracting Party.
2. With respect to the operation, management, maintenance, use, enjoyment and sale or other disposal of investments, each Contracting Party shall accord, on its territory, to investors of the other Contracting Party, treatment no less favourable than that granted to its own investors or to investors of any other State if the latter is more favourable.
3. This treatment shall not include the privileges granted by one Contracting Party to investors of a third State by virtue of its participation or association in a free trade zone, customs union, common market or any other form of regional economic organization.
4. The provisions of this Article do not apply to tax matters.
National Treatment and Most Favoured Nation. 1. In all matters relating to the treatment of investments, the investors of each Contracting Party shall enjoy national treatment and most-favoured-nation treatment in the territory of the other Contracting Party.
2. Each Contracting Party may, in accordance with its laws and regulations, grant incentives, treatment, preferences or privileges through special policies or measures to its nationals only for the purpose of promoting small and medium-sized enterprises and infant industries, persons or areas in its territory subject to the condition that these shall not significantly affect the investments and activities of the investors of one of the other Contracting Party.
3. With respect to the operation, management, maintenance, use, enjoyment and sale or other disposal of investments, each Contracting Party shall accord, on Its territory, to investors of the other Contracting Party, treatment no less favourable than that granted to its own investors or to investors of any other State if the latter is more favourable.
4. This treatment shall not include foe privileges granted by one Contracting Party to investors of a third State by virtue of its participation or association in a free trade 2 one, customs union, common market or any other form of regional economic organisation.
5. The provisions of this Article do not apply to tax matters.
National Treatment and Most Favoured Nation. 1. Each Contracting Party shall protect State investments within its territory by investors of the other Contracting Party in accordance with its national laws and regulations and shall not hinder by unjustified discriminatory measures or the management, maintenance, use, enjoyment, increasing the sale or liquidation of such investments.
2. Each Contracting Party shall state in the territory of a fair and equitable treatment to investments of investors of the other contracting party. this treatment shall not be less favourable than that granted by each contracting party to investments in the territory of a State by its own investors or by investors of any third State if the latter is more favourable treatment.
3. The treatment shall not apply to privileges granted by either contracting party to nationals or companies of any third country, either because of its membership in a customs union, economic or a common market or a free exchange zone or its association with either of them.
4. The treatment granted under the present article shall not apply to advantages accorded by a Contracting Party to nationals or companies of any third State by virtue of a double taxation agreement or any other arrangement relating to taxation.
National Treatment and Most Favoured Nation. 1. In all matters relating to the treatment of investments, the investors of each Contracting Party shall enjoy national treatment and most-favoured-nation treatment in the territory of the other Contracting Party.
2. With respect to the operation, management, maintenance, use, enjoyment and sale or other disposal of investments, each Contracting Party shall accord, on its territory, to investors of the other Contracting Party, treatment no less favourable than that granted to its own investors or to investors of any other State if the latter is more favourable.
3. The provisions of the 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 resulting from:
a) Any existing or future customs union, free trade area, common market or monetary union or any similar international agreement or other forms of regional economic organization, of which either of the Contracting Parties is or may become a party, or
b) Any international agreement or arrangement relating wholly or mainly to taxation.
National Treatment and Most Favoured Nation. 1. Each Party shall provide in its territory to investments and returns of investors of the other Contracting Party treatment which is fair, equitable and not less favorable than that accorded to investments and returns of its own investors or to investments and returns of investors of any third state, whichever is preferred.
2. Each Party shall, as regards the management, maintenance, use, enjoyment or disposal of investments with them, provide in its territory to investors of the other Contracting Party treatment which is fair, equitable and not less favorable than that accorded to its own investors or investors any third State whichever is more favorable.
3. Paragraphs 1 and 2 of this Article shall not be construed so as to oblige one Contracting Party to investors of the other Contracting Party treatment, benefits or privileges as may be provided by one Party by
a) any customs union, free trade area, monetary union, or similar international agreements leading to such unions or institutions or other forms of regional cooperation, where one party is or may become a member, b) any international agreement or arrangement relating wholly or mainly to taxation.
National Treatment and Most Favoured Nation. 1 In all matters relating to the treatment of investments the investors of each Contracting Party shall enjoy most-favoured- nation treatment in the territory of the other Party.
