Common use of Protection, Treatment Clause in Contracts

Protection, Treatment. (1) Each Contracting Party shall in its territory accord to investments and returns of investors of the other Contracting Party at all times fair and equitable treatment as well as full protection and security. Neither Contracting Party shall impair by unreasonable or discriminatory measures the management, maintenance, use, enjoyment, extension or disposal of such investments. (2) Each Contracting Party shall in its territory accord to investments and returns of investors of the other Contracting Party treatment not less favourable than that which it accords to investments and returns of its own investors or to investments and returns of investors of any third State, whichever is more favourable to the investor concerned. (3) Each Contracting Party shall in its territory accord to investors of the other Contracting Party, as regards the management, maintenance, use, enjoyment or disposal of their investments, treatment not less favourable than that which it accords to its own investors or investors of any third State, whichever is more favourable to the investor concerned. (4) Treatment as referred to in paragraphs 2 and 3 shall not include special advantages accorded by a Contracting Party to investors of any third State by virtue of an existing or future agreement establishing a free trade area, a customs union or a common market or by virtue of an existing or future agreement on the avoidance of double taxation. (5) It is understood that the most favoured nation treatment as referred to in paragraphs 2 and 3 does not apply to mechanisms for the settlement of investment disputes provided for in other international investment agreements concluded by the Contracting Party concerned.

Protection, Treatment. (1) Each Contracting Party shall in its territory accord to investments Investments and returns of investors of the other each Contracting Party shall at all times be accorded fair and equitable treatment as well as full and shall enjoy protection and securitysecurity 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, extension or disposal of such investments. (2) Each Contracting Party shall in its territory accord to investments and returns of investors of the other Contracting Party treatment not less favourable than that which it accords to investments and returns of its own investors or to investments and returns of investors of any third State, whichever is more favourable to the investor concerned. (3) Each Contracting Party shall in its territory accord to investors of the other Contracting Party, as regards the management, maintenance, use, enjoyment or disposal of their investments, treatment not less favourable than that which it accords to its own investors or investors of any third State, whichever is more favourable to the investor concerned. (4) Treatment as referred to in paragraphs 2 and 3 This treatment shall not include special advantages apply to any advantage accorded by a Contracting Party to investors of any a third State by virtue either Contracting Party based on the membership of an existing or future agreement establishing that Party in a custom union, common market, free trade area, a customs union zone or a common market regional arrangement of similar nature or by virtue of an existing or future agreement on the relating to avoidance of double taxation. (5) It is understood that the most favoured nation favourable treatment as referred to in paragraphs 2 and 3 this Article does not apply to encompass mechanisms for the settlement of investment disputes provided for in other international investment agreements related to investments concluded by the Contracting Party concerned.