Common use of NOT LOWERING STANDARDS Clause in Contracts

NOT LOWERING STANDARDS. 1. The Parties recognize that it is inappropriate to encourage investment by relaxing domestic health, safety or environmental measures or core labour standards. Accordingly, a Party should not waive or otherwise derogate from, or offer to waive or otherwise derogate from, such measures as an encouragement for the establishment, acquisition, expansion or retention of an investment of an investor.

NOT LOWERING STANDARDS. 1. The Parties recognize that it is inappropriate to encourage investment by relaxing domestic health, human rights, safety or environmental measures or core labour standards. Accordingly, a Party should not waive or otherwise derogate from, or offer to waive or otherwise derogate from, such measures as an encouragement for the establishment, acquisition, expansion or retention of an investment of an investor.