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 most-favoured- nation treatment in the territory of the other Contracting Party. 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 organization. 4. The provisions of this Article do not apply to tax matters.

National Treatment and Most Favoured Nation. 1. In all matters relating to the treatment of investments the investors of each Contracting Party shall enjoy most-favoured- favoured-nation treatment in the territory of the other Contracting Party. 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 organization. 4. The provisions of this Article do not apply to tax matters.

National Treatment and Most Favoured Nation. 1. In For all matters relating to the treatment of investments the of investors of each either Contracting Party shall enjoy most-favoured- nation treatment enjoy, in the territory of the other Contracting Party. 2party, the most-favoured-nation treatment. With respect to As regards the operationexploitation, management, maintenance, use, enjoyment and enjoyment, sale or other disposal disposition of investments, each Contracting Party shall accord, on its territory, accord to investors in its territory of the other Contracting Party, Party a treatment no which shall not be less favourable than that granted it accords to its own investors or to investors or of any other third State if the latter such treatment is more favourable. 3. This Such treatment shall not include the apply to privileges granted by one which either Contracting Party accords to investors of a third State by virtue of its association or participation or association in a free trade zonearea, customs union, common market Common Market or any other form of regional economic organization. 4. The provisions of this Article do article shall not apply to tax matters.

National Treatment and Most Favoured Nation. 1. In For all matters relating to the treatment of investments the of investors of each either Contracting Party shall enjoy most-favoured- nation treatment enjoy, in the territory of the other Contracting Party. 2party, the most-favoured-nation treatment. With respect to As regards the operationexploitation, management, maintenance, use, enjoyment and enjoyment, sale or other disposal disposition of investments, each Contracting Party shall accord, on its territory, accord to investors in its territory of the other Contracting Party, Party a treatment no which shall not be less favourable than that granted it accords to its own investors or to investors or of any other third State if the latter such treatment is more favourable. 3. This Such treatment shall not include the apply to privileges granted by one which either Contracting Party accords to investors of a third State by virtue of its association or participation or association in a free trade zonearea, customs union, common market or any other form of regional economic organization. 4. The provisions of this Article do article shall not apply to tax matters.