Protection and Treatment of Investments. 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 and should it so happen, liquidation of such investments.
Protection and Treatment of Investments. 1. All investments, whether direct or indirect, made by investors of one Contracting Party shall enjoy a fair and equitable treatment in the territory of the other Contracting Party.
Protection and Treatment of Investments. 1. Either Contracting Party shall extend and ensure fair and equitable treatment in accordance with the principles of International Law to investments made by investors of the other Contracting Party in its territory or in its maritime area, and ensure that the exercise of of the right thus recognized shall not be hindered by law or in practice.
Protection and Treatment of Investments. 1. Neither Contracting Party shall accord to investments made in its territory by investors of the other Contracting Party, treatment less favourable than that accorded to investments of its own investors or to investments of any third State, whichever is more favourable.
Protection and Treatment of Investments. Each Contracting Party shall accord to the investments made by investors of the other Contracting Party in the territory of the state of the former fair and equitable treatment and full protection and security in accordance with customary international law. For greater certainty a Contracting Party breaches the obligation to provide fair and equitable treatment set out in paragraph (1), only if it adopts measures or series of measures that constitute: denial of justice, including a fundamental breach of due process, in criminal, civil or administrative proceedings; manifestly arbitrary conduct; targeted discrimination on the basis of nationality, gender, race or religious beliefs. Neither Contracting Party shall in any way impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment or disposal of investments made by investors of the other Contracting Party. Each Contracting party shall observe any obligation which it has assumed with respect to the investment of the investor of a Contracting Party. In accordance with its laws and regulations, each Contracting Party shall as far as possible make publicly available, its laws, regulations that pertain to investments. In case of liquidation of an investment, the proceeds from liquidation shall be accorded the same protection and treatment. A determination that there has been a breach of another provision of this Agreement or of a separate international agreement does not establish that there has been a breach of this Article.
Protection and Treatment of Investments. Each Contracting Party shall extend and ensure fair and equitable treatment in accordance with the principles of International Law to investments made by investors of another Contracting Party in its territory or in its maritime area, and ensure that the exercise of the right thus recognized shall not be hindered by law or in practice. Each Contracting Party shall extend in its territory and in its maritime area to the investors of another Contracting Party, with respect to their investments, and to the operation, management, maintenance, use, enjoyment or disposal of such investments, treatment not less favourable than that granted to its investors, or the treatment granted to the investors of the most favoured nation, if the latter is more favourable. Notwithstanding the principle of national treatment, each Contracting Party may require an investor of another Contracting Party, or an enterprise in its territory, owned or controlled by such investor, to provide routine information for statistical purposes concerning its investments. This treatment shall not include the privileges granted by one Contracting Party to investors of a third party State by virtue of its participation or association in a free trade zone, customs union, common market or any other form of regional economic organization. The provisions of this article do not apply to tax matters. The investment made by investors of one Contracting Party in the territory and in the maritime area of another Contracting Party shall enjoy full and complete protection and safety in the said territory or maritime area. Within the framework of their internal legislation, the Contracting Parties shall benevolently examine requests for entry and autorization to reside, work and travel made by the nationals of one Contracting Party in relation to an investment made in the territory or in the maritime area of another Contracting Party.
Protection and Treatment of Investments. Investments by natural and legal persons of either Contracting Party in the territory of the other Contracting Party shall enjoy full legal protection and fair and equitable treatment from the host Contracting Party. It will be no less favorable to the treatment granted to its investors or investors of any third country under similar circumstances.
Protection and Treatment of Investments. 1. Each Contracting Party shall, within its territory, protect 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 and liquidation of such investments.
2. Each Contracting Party shall, within its territory, ensure fair and equitable treatment of the 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 by its own investors or by investors of a third State.
3. If the domestic law of either Contracting Party, or obligations under international law existing at present or established hereafter between the Contracting Parties in addition to this Agreement contain a regulation, whether general or specific, entitling investments made by investors of the other Contracting Party to a treatment more favourable than that provided by this Agreement, such regulation shall, to the extent that it is more favourable, prevail over this Agreement.
4. Provisions referred to in paragraphs 1, 2 and 3 of this Article shall not be construed so as to oblige one Contracting Party to extend to investors of the other Contracting Party the benefits of any treatment, preference of privilege resulting from membership in or association to any existing or future free trade area, economic, monetary or customs union, common market or existing or future convention on avoidance of double taxation or convention on other fiscal matters.
