Promotion and Protection. (1) Each Contracting Party shall in its territory promote as far as possible investments made by investors of the other Contracting Party and admit such investments in accordance with its laws and regulations. (2) Once a Contracting Party has admitted an investment on its territory, it shall, in accordance with its laws and regulations, grant the necessary permits required for such an investment. (3) Each Contracting Party shall protect investments made by investors of the other Contracting Party in accordance with its laws and regulations. Neither Contracting Party shall in any way impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment, extension, disposal or liquidation of investments.
Appears in 5 contracts
Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement
