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

National Treatment and Most-favoured-nation Treatment. 1. Without prejudice to its laws and regulations, each Contracting Party shall accord to investments, returns and activities associated with such investments by investors of the other Contracting Party treatment not less favourable than that accorded to the investments, returns and associated activities of its own investors. 2. Without prejudice to its laws and regulations, each Contracting Party shall accord to investments, returns and activities associated with such investments by investors of the other Contracting Party treatment not less favorable than that accorded to the investments, returns and associated activities of investors of any third State. 3. The investor concerned has the right to choose between the treatment mentioned in paragraphs 1 or 2 of this Article whichever is more favourable.paragraphs 1 or 2 of this Article whichever is more favourable. 4. 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: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 existing or future customs union or economic union, free trade area or similar international agreements to which either of the Contracting party is or may become a party in the future; b. Any international agreement or arrangement, completely or partially related to taxation.

National Treatment and Most-favoured-nation Treatment. 11 . Without prejudice to its laws and regulations, each Each Contracting Party shall accord accord, in its territory, to investments, returns and activities associated with such investments made by investors of the other Contracting Party treatment not no less favourable than that accorded which it accords to the investments, returns and associated activities of investments made by its own investors.investors or by investors of any third State whichever is more favourable to the investor concerned. Volume 2203, 1-39125 22 . Without prejudice to its laws and regulations, each Each Contracting Party shall accord accord, in its territory, to investments, returns and activities associated with such investments by investors of the other Contracting Party Party, as regards their management, maintenance, use, enjoyment or disposal of their investment, treatment not no less favorable favourable than that accorded which it accords to the investments, returns and associated activities of its own investors or to investors of any third State. 3. The investor concerned has the right to choose between the treatment mentioned in paragraphs 1 or 2 of this Article State whichever is more favourable.paragraphs 1 or 2 of this Article whichever is more favourablefavourable to the investor concerned. 43 . The provisions of paragraph 1 treatment granted under paragraphs 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 and their investments the benefit of any treatment, preference or privilegeprivilege resulting from its membership of, which may be extended by the former Contracting party by virtue of:paragraph 1 or association with, any existing or future free trade area, customs union, economic union, monetary union or other regional economic integration organization.paragraphs 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 and their investments the benefit of any treatment, preference or privilegeprivilege resulting from its membership of, which may be extended by the former Contracting party by virtue of: a. Any or association with, any existing or future free trade area, customs union or union, economic union, free trade area monetary union or similar international agreements other regional economic integration organization. 4 . Measures that have to which either be taken for reasons of public security and order or public health shall not be deemed "treatment less favourable" within the Contracting party is or may become a party in the future; b. Any international agreement or arrangement, completely or partially related to taxationmeaning of this Article.

National Treatment and Most-favoured-nation Treatment. 1. Without prejudice to its laws and regulations, each Neither Contracting Party shall accord in its territory to investmentsinvestments and returns of investors of the other Contracting Party a treatment less favourable than that which it accords to investments and returns of its own investors, or to investments and returns and activities associated with such of investors of any other third State, whichever is more favourable to the investors concerned. 2. Neither Contracting Party shall accord in its territory to the investors of the other Contracting Party, as regards, acquisition, expansion, operation, management, maintenance, use, sale or disposal of their investment, a treatment which is less favourable than that which it accords to its own investors or to investors of any third State, whichever is more favourable to the investors concerned. 3. Neither Contracting Party shall in its territory impose mandatory measures on investments by investors of the other Contracting Party treatment not less favourable than that accorded to Party, concerning the investmentspurchase of materials, returns and associated activities means of production, operation, transport, marketing of its own investors. 2. Without prejudice to its laws and regulations, each Contracting Party shall accord to investments, returns and activities associated with such investments by investors of the other Contracting Party treatment not less favorable than that accorded to the investments, returns and associated activities of investors of any third State. 3. The investor concerned has the right to choose between the treatment mentioned in paragraphs 1 products or 2 of this Article whichever is more favourable.paragraphs 1 similar orders having unreasonable or 2 of this Article whichever is more favourablediscriminatory effects. 4. 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, privilege which may be extended by the former Contracting party by virtue 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 any existing or future customs union or economic or monetary union, free trade area or similar international agreements to which either of the Contracting party Party is or may become a party Party in the future; b. Any any international agreement or arrangement, completely wholly or partially related to taxation.

National Treatment and Most-favoured-nation Treatment. 1. Without prejudice to its laws and regulations, each Neither Contracting Party shall accord in its territory to investmentsinvestments and returns from investments of investors of the other Contracting Party a treatment less favourable than that which it accords to investments and returns from investments of its own investors, or to investments and returns and activities associated from investments of investors of any third State, whichever is more favourable to the investors concerned. 2. Neither Contracting Party shall accord in its territory to the investors of the other Contracting Party with such regard to acquisition, development, management, maintenance, use, expansion, sale or other disposal of their investment, a treatment which is less favourable than that which it accords to its own investors or to investors of any third State, whichever is more favourable to the investors concerned. 3. Neither Contracting Party shall in its territory impose mandatory measures on investments by investors of the other Contracting Party treatment not less favourable than that accorded to Party, concerning the investmentspurchase of materials, returns and associated activities means of production, operation, transport, marketing of its own investors. 2. Without prejudice to its laws and regulations, each Contracting Party shall accord to investments, returns and activities associated with such investments by investors of the other Contracting Party treatment not less favorable than that accorded to the investments, returns and associated activities of investors of any third State. 3. The investor concerned has the right to choose between the treatment mentioned in paragraphs 1 products or 2 of this Article whichever is more favourable.paragraphs 1 similar orders having unreasonable or 2 of this Article whichever is more favourablediscriminatory effects. 4. 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, privilege which may be extended by the former Contracting party by virtue 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 existing or future customs union or economic or monetary union, free trade area or similar international agreements to which either of the Contracting party Party is or may become a party in the future; b. Any b) any international agreement or arrangementagreement, completely wholly or partially related to taxation.