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

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (a) Any existing or future free trade area, customs unions, monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties is or may become a party, or (b) Any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or to investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including including, in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) 1 and (2) 2 above 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 resulting from: (a) Any existing or future free trade area, customs unions, monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (ai) Any any existing or future free trade area, customs unions, monetary union unions or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, ; or (bii) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (a) Any its membership of, or association with any existing or future economic, monetary or customs union, common market, free trade area, customs unions, monetary union area or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining relating wholly or mainly to taxation, including the agreements for avoidance of double taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (ai) Any existing or future free trade area, customs unions, monetary union unions or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (bii) Any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or to investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1I) and (2) above shall not be construed so as to oblige one either Contracting Party to extend extent to the investors of the other Contracting Party the benefit of any treatment, preference or privilege resulting from: (a) Any any existing or future customs unions, free trade area, customs unions, monetary union economic communities or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall shall, at all times, accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 any existing or future customs unions or a free trade area, customs unions, monetary union area or a common market or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, ; or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (a) Any any existing or future free trade area, customs unions, monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or investments of investors of any third State. (2) In addition, each Contracting Contacting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) 1 and (2) 2 above 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 of privilege resulting from: (a) Any any existing or future economic or customs union, a free trade area, customs unions, monetary union regional economic organisation or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above shall hall 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 resulting from: (a) Any existing or future free trade area, customs unions, monetary union unions or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting PartyParty and to the return in respect of their investments, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 free trade area, customs unions, monetary union unions or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, ; or (b) Any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord Shall Accord to investments Investments of investors of Investors Of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (a) Any any existing or future free trade area, customs unions, monetary union unions or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall shall, at all times, accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 unions or a free trade area, customs unions, monetary union area or a common market or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, ; or (b) Any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) I and (2) 2 above 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 resulting from: (a) Any any existing or future free trade area, customs unions, monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Partyparty, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from:; (a) Any any existing or future free trade area, customs unions, monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (a) Any any existing or future free trade area, customs unions, monetary union unions or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (a) Any any existing or future free trade area, customs unions, monetary union unions or similar international agreement or other forms of regional cooperation Agreement to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting PartyParty and to the return in respect of their investments, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 any existing or future free trade area, customs unions, monetary union unions or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, ; or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or investments of investors of any third State. (2) In addition, each Contracting Contacting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) 1 and (2) 2 above 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 of privilege resulting from: (a) Any existing or future economic or customs union, a free trade area, customs unions, monetary union regional economic organisation or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or to investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (a) Any any existing or future free trade area, customs unions, monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own investors or to investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) 1 and (2) 2 above 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 resulting from: (a) Any existing or future customs union or free trade area, customs unionsexternal tariff area, a common market, a monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any matter pertaining wholly or mainly to taxation.

National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) 1 and (2) 2 above 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 resulting from: (a) Any any existing or future customs union or free trade area, customs unionsexternal tariff area, a common market, a monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.