Common use of Protection and Treatment Clause in Contracts

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.

Appears in 8 contracts

Samples: edit.wti.org, edit.wti.org, edit.wti.org

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