Protection and Treatment. (1) Each Contracting Party shall protect within its State territory investments made in accordance with its national laws and regulations by investors of the other Contracting Party and shall not impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment, extension, sale or liquidation of such investments. In particular, each Contracting Party or its competent authorities shall issue the necessary authorisations mentioned in Article 2, paragraph (2), of this Agreement,
(2) Each Contracting Party shall ensure fair and equitable treatment within its State territory of the investments of the investors of the other Contracting Party. This treatment shall not be less favourable than that granted by each Contracting Party to investments made within its State territory by its own investors, or than that granted by each Contracting Party to the investments made within its State territory by investors of any third State.
(3) The most favoured nation clause shall not be construed so as to oblige a Contracting Party to extend to the investors and investments of the other Contracting Party the advantages resulting from any existing or future customs or economic union or a free trade area, to which either of the Contracting Parties is or becomes a member; nor shall such treatment relate to any advantage which either Contracting Party accords to investors of a third State by virtue of a double taxation agreement or other agreements on a reciprocal basis regarding tax matters.
(4) If the State legislation of either Contracting Party entitles investments by investors of the other Contracting Party to treatment more favourable than is provided for by this Agreement, such legislation shall, to the extent that it is more favourable, prevail over this Agreement;
(5) Each Contracting Party shall observe any other obligation it has assumed with regard to investments in its State territory by investors of the other Contracting Party.
Protection and Treatment. (1) Investments by investors of either Contracting State shall enjoy full protection and security in the territory of the other Contracting State in a manner consistent with the provisions of this Agreement. Neither Contracting State shall in any way impair by arbitrary or discriminatory measures the management, maintenance, use, enjoyment or any other associated activities in connection with investments in its territory of investors of the other Contracting State.
(2) Each Contracting State shall ensure fair and equitable treatment within its territory of the investments of the investors of the other Contracting State. This treatment shall not be less favourable than that accorded by each Contracting State to investments made within its territory by its own investors or by investors of any third state, whichever is most favourable.
(3) Each Contracting State shall accord investors of the other Contracting State, as regards activities associated with investments in its territory, treatment not less favourable than that which it accords to its own investors or to investors of any third state, whichever is most favourable.
(4) Each Contracting State recognizes that in order to maintain a favourable environment for investments in its territory by investors of the other Contracting State, it shall provide effective means of asserting claims and enforcing rights with respect to investment agreements, investment authorizations and properties.
(5) Each Contracting State shall make public all laws, regulations, administrative practices and procedures that pertain to or affect investments in its territory of investors of the other Contracting State.
(6) In case of reinvestment of the returns of an investment, these reinvestments and their returns shall enjoy the same treatment and protection as the initial investment.
Protection and Treatment. (1) Each Party shall protect within its territory investments made in accordance with its laws and regulations by investors of the other Party and shall not impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment, extension, sale and, should it so happen, liquidation of such investments.
(2) Each Party shall ensure fair and equitable treatment within its territory of the investments of investors of the other Party, This treatment shall not be less favourable than that granted by each Party to investments made within its territory by its own investors, or than that granted by each Party to the investments made within its territory by investors of the most favoured nation, if this latter treatment is more favourable.
(3) If a Party accords special advantages to investments of investors of any third State by virtue of an agreement establishing a free trade area, a customs union or a common market or a similar regional arrangement or by virtue of an agreement on the avoidance of double taxation, it shall not be obliged to accord such advantages to investments of investors of the other Party.
Protection and Treatment. (1) Without prejudice to the measures adopted by the European Union, each Contracting Party shall protect within its territory, investments made in accordance with its national legislation by investors of the other Contracting Party and shall not impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment, extension, sale or liquidation of such investments. In particular, each Contracting Party or the competent authorities of its State, shall issue the necessary authorizations mentioned in Article 2, paragraph (2) of this Agreement.
(2) Each Contracting Party shall ensure fair and equitable treatment within its territory to investments of the investors of the other Contracting Party. This treatment shall not be less favorable than that granted by each Contracting Party to investments made within its territory by its own investors, or than that granted by each Contracting Party to the investments made within its territory by investors of any third State, if this latter treatment is more favorable.
(3) The non-discriminatory treatment, national treatment and most favoured nation treatment provisions of this Agreement shall not apply to all actual Or future advantages accorded by either Contracting Party by virtue of its membership of, or association with, a customs, economic or monetary union, a common market or a free trade area, to investors of its own, of Member States of such union, common market or free trade area, or of any other third State. Nor shall such treatment relate to any advantage which either Contracting Party accords to investors of a third State by virtue of a double taxation agreement or other agreements on a reciprocal basis regarding tax matters.
(4) Nothing in this Agreement shall be construed as:
a) to prevent any Contracting Party from taking any measure or action which it considers necessary for the protection of its essential security interests;
b) to prevent any Contracting Party from taking any measure necessary for the maintenance of public order, subject that such measures are not applied in a manner which would constitute a means of arbitrary or unjust discrimination or a disguised investment restriction;
c) to preclude a Contracting Party from applying measures that it considers necessary for the fulfillment of its obligations under the United Nations Charter with respect to the maintenance or restoration of international peace and security;
d) to require a Contracting Party to furnish or all...
Protection and Treatment. (1) Each Contracting Party shall protect within its territory investments made in accordance with its laws and regulations by investors of the other Contracting Party and shall not impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment, extension, sale or liquidation of such investments. In particular, each Contracting Party or its competent authorities shah issue the necessary authorizations mentioned in Article 2, paragraph (2), of this Agreement.
(2) Each Contracting Party shall ensure fair and equitable treatment within its territory to investments of the investors of the other Contracting Party. This treatment shall not be less favourable than that granted by each Contracting Party to investments made within its territory by its own investors, or than that granted by each Contracting Party to the investments made within its territory by investors of any third state, if this latter treatment is more favourable.
(3) The most favoured nation treatment shall not be construed so as to oblige a Contracting Party to extend to the investors and investments of the other Contracting Party the advantages resulting from any existing or future customs or economic union, a free trade area or regional economic organization, to which either of the Contracting Parties is or becomes a member. Nor shall such treatment relate to any advantage which either Contracting Party accords to investors of a third state by virtue of a double taxation agreement or other agreements on a reciprocal basis regarding tax matters.
Protection and Treatment. 1. The investments and incomes of the investors of each Contracting Party shall be accorded fair and equitable treatment on a continuous basis and shall enjoy full and comprehensive protection and security in the territory of the other Contracting Party. Neither Contracting Party shall in any manner hinder, through unjustified or discriminatory measures, the management, maintenance, use, enjoyment, increase or sale of such investments.
2. Each Contracting Party shall accord in its territory to the investments and incomes of the investors of the other Contracting Party a treatment not less favourable than that which it accords, in similar situations, to the investments and incomes of its own investors or to the investments and 1-52400 Incomes of the investors of any third State, whichever is more favourable to the investor concerned.
3. Each Contracting Party shall accord in its territory to the investors of the other Contracting Party, in respect of the management, maintenance, use, enjoyment, increase or sale of their investments, a treatment not less favourable than that which it accords, in similar situations, to the investments and incomes of its own investors or to the investments and incomes of the investors of any third State, whichever is more favourable to the investor concerned.
Protection and Treatment. 1) Each Contracting Party shall ensure fair and equitable treatment of the investments of investors of the other Contracting Party and shall not impair, by unreasonable of discriminatory measures, the operation, management, maintenance, use, enjoyment or disposal thereof by those investors. Each Contracting Party shall accord to such investments full physical security and protection.
2) Each Contracting Party shall accord to such investments treatment which in any case shall not be less favourable than that accorded either to investments of its own investors or to investments of investors of any third State, whichever is more favourable to the investor concerned.
3) If a Contracting Party has accorded special advantages to investors of any third State by virtue of agreements establishing customs unions, economic unions, monetary unions or similar institutions, or on the basis of interim agreements leading to such unions or institutions, that Contracting Party shall not be obliged to accord such advantages to investors of the other Contracting Party.
4) Each Contracting Party shall observe any obligation it may have entered into with regard to investments of investors of the other Contracting Party.
5) If the provisions of law of either Contracting Party or obligations under international law existing at present or established hereafter between the Contracting Parties in addition to the present Agreement contain a regulation, whether general or specific, entitling investments by investors of the other Contracting Party to a treatment more favourable than is provided for the present agreement, such regulation shall be applicable to the extent that it is more favourable.
Protection and Treatment. (1) Investments of investors of either Contracting Party shall enjoy full protection and security in the territory of the other Contracting Party. Neither Contracting Party shall in any way impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment or disposal of investments in its territory of investors of the other Contracting Party. Each Contracting Party shall observe any obligation it may have entered into with regard to investments of investors of the other Contracting Party.
(2) Each Contracting Party shall in its territory ensure investors, investments made by investors and returns fair and equitable treatment which in no case shall be less favourable than that which it accords to investors, investments or returns of its own investors or any third State (whichever of these treatments is more favourable from the point of view of the investor).
(3) Goods that under a leasing agreement in relation to an investment and are placed at the disposal of a lessee in conformity with its laws and regulations shall be treated no less favourable than an investment.
Protection and Treatment. (1) Each Contracting Party shall protect within its State territory, investments made in accordance with its national laws and regulations by investors of the other Contracting Party and shall not impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment, extension, sale or liquidation of such investments. In particular, each Contracting Party or its competent authorities, shall issue the necessary authorizations mentioned in Article 2, paragraph (2) of this Agreement.
(2) Each Contracting Party shall ensure fair and equitable treatment within its State territory to investments and returns on the investments of the investors of the other Contracting Party. This treatment shall not be less favourable than that granted by each Contracting Party to the investments made within its State territory by investors of any third State.
(3) The most favoured nation treatment shall not be construed so as to oblige a Contracting Party to extend to the investors and investments of the other Contracting Party the advantages resulting from any existing or future customs or economic union, a free trade area or regional economic organization, to which either of the Contracting Parties is or becomes a member. Nor shall such treatment relate to any advantage which either Contracting Party accords to investors of a third State by virtue of a double taxation agreement or other agreements on a reciprocal basis regarding tax matters or to special advantages to foreign development finance institutions operating in the State territory of the other Contracting Party for the exclusive purpose of development assistance through mainly nonprofit acivities.
Protection and Treatment. (1) Investments of investors of each Party shall at all times be accorded fair and equitable treatment and shall enjoy full protection and security in the territory of the other Party in accordance with international law. Neither Party shall in any way impair by discriminatory measures the management, maintenance, use, enjoyment or disposal of investments in its territory of investors of the other Party.
(2) Each Party shall in its territory accord investments of investors of the other Party treatment not less favourable than that which it accords, in like circumstances, to investments of its own investors or to investments of investors of any third State, whichever is more favourable to the investor concerned.
(3) Each Party shall in its territory accord investors of the other Party, as regards the management, maintenance, use, enjoyment or disposal of their investments, treatment not less favourable than that which it accords, in like circumstances, to its own investors or to investors of any third State, whichever is more favourable to the investor concerned.
(4) If a Party accords special advantages to investors of any third State by virtue of an agreement establishing a free trade area, a customs union, a common market or a similar regional organization or by virtue of an agreement on the avoidance of double taxation, it shall not be obliged to accord such advantages to investors or investments of investors of the other Party.
