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

National Treatment and Most Favoured Nation. 1. Both Contracting Parties shall, within the limits of their territory, grant investments made by investors of the other Contracting Party, as well as to the activities of these associates and the profits resulting therefrom, no less favorable treatment than that accorded to the investments made by the Its own investors or third-country investors, as well as their associates and the profits outlined therein. 2. Where the legislation of one of the Contracting Parties provides for a regulatory framework under which investors of the other Contracting Party should be granted more favorable treatment than those provided for in this Agreement, the treatment granted to investors of the other Party shall be applied to investors Of the Contracting Party concerned also in the ongoing relations. 3. The provisions of paragraphs 1 and 2 of this Article shall not relate to the advantages and privileges which one of the Contracting Parties may grant to third-country investors on account of their membership of an economic or customs union, a common market, A Free-Trade Area, a Regional or Sub-Regional Agreement, a Multilateral Economic Agreement, or an Agreement to avoid double taxation or to promote cross-border trade. Paragraphs 1 and 2 of this Article shall not relate to the benefits And the privileges that one of the Contracting Parties may accord to third-country investors on account of their membership of an Economic or Customs Union, a Common Market, a Free Trade Area, a Regional or Sub-Regional Agreement, to a Multilateral economic agreement, or an agreement to avoid double taxation, or to encourage cross-border trade.