Common use of Promotion and Protection of Investment Clause in Contracts

Promotion and Protection of Investment. The Government of the Republic of Indonesia and the Government of Romania (hereinafter referred to as "Parties"); Desiring to encourage and create favourable conditions for investment by investors of one Party in the territory of the other Party based on the principles of mutual respect for sovereignty, equal and mutual benefit and for the purpose of the development of economic cooperation between both countries; Recognizing that the promotion and protection of such investments will be conducive to the stimulation of business initiative and to xxxxxx prosperity in both countries; Have agreed as follows:

Appears in 15 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!