Regarding. article 5 a) An investment, whether direct or indirect, is considered to be nationalized or expropriated where the bodies are the authorities of the other Contracting Party violated the fundamental rights of the investors, created obstacles to the proper functioning investment project, thereby affecting the interests of genuine expropriation - such as excessive or discriminatory tax burden, restrictions on the supply of raw materials or the application of discriminatory measures by local authorities authorities. Such expropriation may also take the form of a particular position by certain officials or private persons performing public duties as well as through default. b) Any measure taken against the investment made by the investor of one of the diminishing Contracting Parties financial assets or other assets of the investment or create obstacles to activities or significant impairment of value of the same investment, as any other measure having equivalent effect, shall be considered as one of the measures which mentioned in Article 5 (2)
Appears in 4 contracts
Samples: Investment Protection Agreement, Investment Promotion and Protection Agreement, Investment Protection Agreement
