Common use of Promotion and Admission of Investments Clause in Contracts

Promotion and Admission of Investments. 1. Each Contracting Party shall encourage and create favourable conditions for investors of the other Contracting Party to make investments in its territory and shall admit such investments in accordance with its laws and regulations. 2. Upon the request by either Contracting Party, information shall be provided regarding the laws, regulations, decisions, administrative practices or procedures or policies of the other Contracting Party which may have impact on investment covered by this Agreement. 3. Each Contracting Party shall grant, whenever necessary, in accordance with its laws and regulations, without delay, the permits required in connection with the activities of consultants or experts engaged by investors of each Contracting Party. 4. Each Contracting Party shall, subject to its laws and regulations relating to the entry, stay and work of natural persons, examine in good faith and give due consideration, regardless of nationality, to requests of key personnel including top managerial and technical persons who are employed for the purposes of investments in its territory, to enter, remain temporarily and work in its territory.

Promotion and Admission of Investments. 1. Each Contracting Party shall encourage and create favourable conditions for investors of the other Contracting Party to make investments in its territory and shall admit such investments in accordance with its laws and regulations. 2. Upon In order to encourage mutual investment flows, each Contracting Party shall endeavour to inform the other Contracting Party, at the request by of either Contracting Party, information shall be provided regarding on the laws, regulations, decisions, administrative practices or procedures or policies of the other Contracting Party which may have impact on investment covered by this Agreementopportunities in its territory. 3. Each Contracting Party shall grant, whenever necessaryexamine in good faith, in accordance with its laws and regulations, without delay, the requests for permits required in connection with the activities of consultants or experts engaged by investors of each the other Contracting Party. 4. Each Contracting Party shall, subject to its laws laws, regulations and regulations relating to procedures affecting the entry, stay and work of natural persons, examine in good faith and give due consideration, regardless of nationality, to requests of key personnel including top managerial and technical persons who are employed for the purposes of investments in its territory, to enter, remain temporarily and work in its territory. Immediate family members (spouse and minor children) of such key personnel shall also be granted similar treatment with regard to the entry and temporary stay in the host Contracting Party.

Promotion and Admission of Investments. 1. Each Contracting Party shall encourage and create favourable favourable, stable and transparent conditions for investors of the other Contracting Party Parry to make investments in its territory and shall admit such investments in accordance with its laws and regulations. 2. Upon In order to encourage mutual investment flows, each Contracting Party shall endeavour to inform the other Contracting Party, at the request by of either Contracting Party, information shall be provided regarding on the laws, regulations, decisions, administrative practices or procedures or policies of the other Contracting Party which may have impact on investment covered by this Agreementopportunities in its territory. 3. Each Contracting Party shall grant, whenever necessary, in accordance with its laws and regulations, without delay, the permits required in connection with the activities of consultants or experts engaged by investors of each Each Contracting Party. 4. Each Contracting Party State shall, subject to its laws and regulations relating to the entry, stay and work of natural persons, examine in good faith and give due consideration, regardless of nationality, nationality to requests of key personnel including top managerial and technical persons who are employed for the purposes of investments in its territory, to enter, remain temporarily and work in its territory. Immediate family members of such key personnel shall also be granted similar treatment with regard to entry and temporary stay in the host Contracting State.