Common use of Protection, Treatment Clause in Contracts

Protection, 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 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 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 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 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.

Protection, 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 hinder by unreasonable or unjustified discriminatory measures or the Managementmanagement, maintenance, use, enjoyment, extensionincreasing the sale and, sale or where appropriate, the liquidation of such investments. In in particular, each Contracting Party or its competent authorities shall issue the necessary authorizations mentioned authorisations referred to in Article article 2, paragraph (2), ) of this Agreement. (2) Each Contracting Party shall ensure in its territory fair and equitable treatment within its territory of the to investments of the investors of the other Contracting Partycontracting party. This this treatment shall not be less favourable than that granted by each Contracting Party contracting party to investments made within its territory or by its own investors, or investors than that granted by each Contracting Party contracting party to the investments made within in its territory by investors of any third statethe most favoured nation treatment, if this the latter treatment is more favourable. (3) The most favoured most-favoured-nation clause treatment shall not be construed so as apply 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 privileges which either Contracting Party accords to investors of a third state State by virtue of its association or participation in a double taxation agreement free trade area, customs union or other agreements on a reciprocal basis regarding tax matterscommon market.

Protection, 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 hinder by unreasonable or unjustified discriminatory measures or the Managementmanagement, maintenance, use, enjoyment, extensionincreasing the sale and, sale or where appropriate, the liquidation of such investments. In in particular, each Contracting Party or its competent authorities shall issue the necessary authorizations mentioned authorisations referred to in Article article 2, paragraph (2), ) of this Agreement. (2) Each Contracting Party shall ensure in its territory fair and equitable treatment within its territory of the to investments of the investors of the other Contracting Partycontracting party. This this treatment shall not be less favourable than that granted by each Contracting Party contracting party to investments made within its territory or by its own investors, or investors than that granted by each Contracting Party contracting party to the investments made within in its territory by investors of any third statethe most favoured nation treatment, if this the latter treatment is more favourable. (3) The most favoured most-favoured-nation clause treatment shall not be construed so as apply 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 privileges which either Contracting Party accords to investors of a third state State by virtue of its association or participation in a free trade area, customs union or common market or by virtue of an agreement for the avoidance of double taxation agreement or other agreements on a reciprocal basis regarding tax matterstaxation.

Protection, 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 Managementmanagement, 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 territory of the to investments of the tire 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 clause 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 or union, a free trade areaarea 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, Treatment. (1) 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 Party. 2- The treatment by unreasonable or discriminatory measures the Management, maintenance, use, enjoyment, extension, sale or liquidation of such investments. In particular, each a 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 investments and equitable treatment within its territory of the investments of the investors of the other Contracting Party. This treatment , as regards their activity in connection with investments, shall not be less favourable than that granted by each Contracting Party to the 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 favourableState. (3) 3- The most favoured nation clause 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 or union, a free trade areaarea 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 State by virtue of a double taxation agreement or other agreements on a reciprocal basis regarding tax matters.

Protection, 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 hinder by unreasonable or unjustified discriminatory measures or the Managementmanagement, maintenance, use, enjoyment, extensionincreasing the sale and, sale or where appropriate, the liquidation of such investments. In in particular, each Contracting Party or its competent authorities shall issue the necessary authorizations mentioned authorisations referred to in Article article 2, paragraph (2), ) of this Agreement. (2) Each Contracting Party shall ensure in its territory fair and equitable treatment within its territory of the to investments of the investors of the other Contracting Partycontracting party. This this treatment shall not be less favourable than that granted by each Contracting Party contracting party to investments made within its territory or by its own investors, or investors than that granted by each Contracting Party contracting party to the investments made within in its territory by investors of any third statethe most favoured nation treatment, if this the latter treatment is more favourable. (3) The most favoured nation clause shall not be construed so as to oblige If a Contracting Party accords special advantages 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 third State by virtue of an agreement establishing a free trade area, customs union or common market or by virtue of an agreement for the avoidance of double taxation, it shall not be obliged to which either of the Contracting Parties is or becomes a member. Nor shall accord such treatment relate to any advantage which either Contracting Party accords advantages to investors of a third state by virtue of a double taxation agreement or the other agreements on a reciprocal basis regarding tax matterscontracting party.

Protection, Treatment. (1) . Each Contracting Party party shall protect within its territory investments made in accordance with its laws and regulations by investors of the other Contracting Contrac ting Party and shall not impair by unreasonable or discriminatory measures the Managementmanagement, maintenance, use, enjoyment, extension, sale or liquidation of such investments. In particular, each Contracting Party or its competent authorities shall issue the necessary nec xxxxxx authorizations mentioned in Article 2, paragraph (2), of this Agreement. (2) . Each Contracting Party party shall ensure fair and equitable treatment within its 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 Contracting. Party to investments made within its territory by 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 clause shall not be construed so as to oblige a Contracting Party party to extend to the investors and investments of the other Contracting Party 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 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, 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 hinder by unreasonable or unjustified discriminatory measures or the Managementmanagement, maintenance, use, enjoyment, extension, increasing the sale or liquidation of such investments. In in particular, each Contracting Party or its competent authorities shall issue the necessary authorizations mentioned authorisations referred to in Article article 2, paragraph (2), ) of this Agreement. (2) Each Contracting Party shall ensure in its territory fair and equitable treatment within its territory of the to investments of the investors of the other Contracting Partycontracting party. This this treatment shall not be less favourable than that granted by each Contracting Party contracting party to investments made within its territory or by its own investors, or investors than that granted by each Contracting Party contracting party to the investments made within in its territory by investors of any a third stateState, if this the latter treatment is more favourablefavourable treatment. (3) The most favoured most-favoured-nation clause shall not be construed so as to oblige a Contracting Party one contracting party to extend to the investors and investments of investors to the other Contracting Party contracting party of the advantages resulting from a customs union or economic or any existing or future customs Free Trade Area of which either of the contracting parties is or economic union or becomes a free trade area, member. this treatment shall not apply to advantages 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 State by virtue of a double taxation agreement or other agreements on a reciprocal basis regarding tax mattersand on matters relating to taxation.

Protection, 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 Managementmanagement, 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 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 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 clause 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 or union, a free trade areaarea 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, 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 Managementmanagement, maintenance, use, enjoyment, extension, sale or and, should it so happen, 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 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 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 statethe most favoured nation, if this latter treatment is more favourable. (3) The treatment of the most favoured nation clause shall not be construed so as to oblige a one Contracting Party to extend to the investors and investments of the other Contracting Party the advantages benefit of any treatment, preference or privilege resulting from any from: (a) An existing or future free trade agreement, a customs or economic union or a free trade area, similar regional organization to which either of the Contracting Parties is or becomes may become a member. Nor shall such treatment relate to any advantage which either Contracting Party accords to investors party; (b) An international agreement on the avoidance of a third state by virtue of a double taxation agreement or other agreements on a reciprocal basis regarding tax matterstaxation.

Protection, Treatment. (1) . Each Contracting Party 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 Managementmanagement, 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 party shall ensure fair and equitable treatment within its 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 Contracting. Party to investments made within its territory by 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 clause shall not be construed so as to oblige a Contracting Party party to extend to the investors and investments of the other Contracting Party 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 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.