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

National Treatment and Most Favoured Nation. 1. Each Contracting Party shall protect State investments within its territory by investors of the other Contracting Party in accordance with its national laws and regulations and shall not hinder by unjustified discriminatory measures or the management, maintenance, use, enjoyment, increasing the sale or liquidation of such investments. 2. Each Contracting Party shall state in the territory of a fair and equitable treatment to investments of investors of the other contracting party. this treatment shall not be less favourable than that granted by each contracting party to investments in the territory of a State by its own investors or by investors of any third State if the latter is more favourable treatment. 3. The treatment shall not apply to privileges granted by either contracting party to nationals or companies of any third country, either because of its membership in a customs union, economic or a common market or a free exchange zone or its association with either of them. 4. The treatment granted under the present article shall not apply to advantages accorded by a Contracting Party to nationals or companies of any third State by virtue of a double taxation agreement or any other arrangement relating to taxation.

National Treatment and Most Favoured Nation. 1. Each Contracting Party shall protect State investments within its territory by investors of the other Contracting Party in accordance with its national laws and regulations and shall not hinder by unjustified discriminatory measures or the management, maintenance, use, enjoyment, increasing the sale or liquidation of such investments. 2. Each Contracting Party shall state in the territory of a fair and equitable treatment to investments of investors of the other contracting party. this treatment shall not be less favourable than that granted by each contracting party to investments in the territory of a State by its own investors or by investors of any third State if the latter is more favourable treatment. 3. The treatment shall not apply to privileges granted by either contracting party to nationals or companies of any third country, either because of its membership in a customs union, economic or a common market or a free exchange zone or its association with either of them. 4. The treatment granted under the present article shall not apply to advantages accorded by a Contracting Party contracting party to nationals or companies of any third State by virtue of a double taxation agreement or any other arrangement relating to taxation.