Prohibition of Performance Requirements. 1. Neither Contracting Party shall impose or enforce, as a condition for investment activities in its Area of an investor of the other Contracting Party, without prior consultation with the other Contracting Party, local content requirements, export requirements, export-import balancing requirements or technology transfer requirements. 2. Paragraph 1 does not apply to the technology transfer requirements which are imposed or enforced by a court, administrative tribunal or competition authority to remedy an alleged violation of competition laws, or which concerns the transfer of intellectual property rights which is undertaken in a manner not inconsistent with the multilateral agreements in respect of protection of intellectual property rights to which the Contracting Party imposing or enforcing such transfer is a party.
Appears in 6 contracts
Samples: Investment Agreement, Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement
