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

National Treatment and Most-favoured-nation Treatment. 1. Each Party shall accord, in its territory, to investments made by investors of the other Party treatment no less favourable than that which it accords to the investments made by its own investors or by investors of any third State whichever is more favourable to the investor concerned. 2. Each Party shall accord, in its territory, to investors of the other Party, as regards their management, maintenance, use, enjoyment or disposal of their investments, treatment no less favourable than that which it accords to its own investors or to investors of any third State whichever is more favourable to the investor concerned. 3. The treatment granted under paragraphs 1 and 2 of this Article shall not be construed so as to oblige one Party to extend to the investors of the other Party and their investments the benefit of any treatment, preference or privilege resulting from: a) its membership of, or association with, any existing or future free trade area, customs, economic or monetary union or other similar international agreements including other forms of regional economic organisation, or b) any international agreement or arrangement relating wholly or mainly to taxation or any domestic legislation relating wholly or mainly to taxation. 4. Measures that have to be taken for reasons of public security and order or public health shall not be deemed treatment “less favourable” within the meaning of this Article.

National Treatment and Most-favoured-nation Treatment. 1. Each Contracting Party shall accord, in its territory, to investments made by investors of the other Contracting Party treatment no less favourable than that which it accords to the investments made by its own investors or by investors of any third State whichever is more favourable to the investor concerned. 2. Each Contracting Party shall accord, in its territory, to investors of the other Contracting Party, as regards their management, maintenance, use, enjoyment or disposal of their investments, treatment no less favourable than that which it accords to its own investors or to investors of any third State whichever is more favourable to the investor concerned. 3. The treatment granted under paragraphs 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 and their investments the benefit of any treatment, preference or privilege resulting from: a) its membership of, or association with, any existing or future free trade area, customs, economic or monetary union or other similar international agreements including other forms of regional economic organisation, or b) any international agreement or arrangement relating wholly or mainly to taxation or any domestic legislation relating wholly or mainly to taxation. 4. Measures that have to be taken for reasons of public security and order or public health shall not be deemed treatment “less favourable” within the meaning of this Article.

National Treatment and Most-favoured-nation Treatment. 1. Each Contracting Party shall accord, in its territory, to investments made by investors of the other Contracting Party treatment no less favourable than that which it accords to the investments made by its own investors or by investors of any third State whichever is more favourable to the investor concerned. 2. Each Contracting Party shall accord, in its territory, to investors of the other Contracting Party, as regards their management, maintenance, use, enjoyment or disposal of their investments, treatment no less favourable than that which it accords to its own investors or to investors of any third State whichever is more favourable to the investor concerned. 3. The treatment granted under paragraphs 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 and their investments the benefit of any treatment, preference or privilege resulting from: a) its Its membership of, or association with, any existing or future free trade area, customs, economic or monetary union or other similar international agreements including other forms of regional economic organisation, or b) any Any international agreement or arrangement relating wholly or mainly to taxation or any domestic legislation relating wholly or mainly to taxation. 4. Measures that have to be taken for reasons of public security and order or public health shall not be deemed treatment “"less favourable” " within the meaning of this Article. 5. Neither Contracting Party shall be precluded from designating, in accordance with its laws and regulations, a business or category of business as reserved for its own investors, provided that, with due regard to the provisions of Article 5, such designation a) Is made for the purpose of promoting small and medium-sized businesses only; and b) Shall not negatively affect the rights which at the time of the designation have already accrued to an investment or an investor of the other Contracting Party.

National Treatment and Most-favoured-nation Treatment. 1. Each Contracting Party shall accord, accord in its territory, territory to investments made by investors of the other Contracting Party treatment no less favourable than that which it accords to the investments made by its own investors or by investors of any third State State, whichever is more favourable to the investor concerned. 2. Each Contracting Party shall accord, accord in its territory, territory to investors of the other Party, as regards their Contracting Party regarding measures management, maintenance, use, enjoyment or disposal and disposition of their investmentsinvestments by the other Contracting Part, treatment no less favourable than that which it accords to its own investors or to investors of any third State State, whichever is more favourable to the investor concerned. 3. The treatment granted under paragraphs 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 and to their investments the benefit of any treatment, preference or privilege resulting from: a) from its membership of, or association with, any existing or future future: a) free trade area, customscustoms union, economic or union, monetary union or other similar international agreements including other forms of regional economic integration organisation, ; or b) any international agreement or arrangement relating wholly or mainly to benefits under the agreements on double taxation or any domestic legislation relating wholly or mainly arrangement which relates to taxation. 4. Measures that have to be taken for reasons of public security and order or public health shall not be deemed as less favourable treatment “less favourable” within the meaning of this Article.

National Treatment and Most-favoured-nation Treatment. 1. Each Party shall accord, in its territory, to investments made by investors of the other Party treatment no less favourable than that which it accords to the investments made by its own investors or by investors of any third State whichever is more favourable to the investor concerned. 2. Each Party shall accord, in its territory, to investors of the other Party, as regards their management, maintenance, use, enjoyment or disposal of their investments, treatment no less favourable than that which it accords to its own investors or to investors of any third State whichever is more favourable to the investor concerned. 3. The treatment granted under paragraphs 1 and 2 of this Article shall not be construed so as to oblige one Party to extend to the investors of the other Party and their investments the benefit of any treatment, preference or privilege resulting from: a) its Its membership of, or association with, any existing or future free trade area, customs, economic or monetary union or other similar international agreements including other forms of regional economic organisation, or b) any Any international agreement or arrangement relating wholly or mainly to taxation or any domestic legislation relating wholly or mainly to taxation. 4. Measures that have to be taken for reasons of public security and order or public health shall not be deemed treatment “"less favourable” " within the meaning of this Article.