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 national treatment or most-favoured-nation treatment, whichever is more favourable to the investor concerned. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments most-favoured-nation treatment. (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 customs union, a free trade zone, a common market or similar international agreement to which 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 national treatment or most-favoured-most - favoured - nation treatment, whichever is more favourable to the investor concerned. (2) _ In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments most-favoured-most- favoured- nation treatment._ (3) The provisions of paragraphs 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 Privilege resulting from: (a) Any any existing or future customs union, a free trade zone, a common market or similar international agreement to which it is or may become a party, or (b) Any ,or matter pertaining wholly or mainly to taxation.ARTICLE 5

National Treatment and Most-favoured-nation Treatment. (1) . Each Contracting Party shall accord to investments of investors of the other Contracting Party national treatment or most-favoured-nation treatment, whichever is more favourable to the investor concerned. (2) . In addition, each Contracting Party shall accord to investors of the other Contracting contracting Party, including in respect of returns on their investments most-favoured-nation treatment. (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 customs union, a free trade zone, a common market or similar international agreement to which it is or may become a party, or (b) Any any matter pertaining wholly or mainly to taxation.