Common use of National Treatment and Most Favoured Nation Clause in Contracts

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.