Common use of Right to Regulate and Levels of Protection Clause in Contracts

Right to Regulate and Levels of Protection. 1. The Parties recognise the right of each Party to determine its sustainable development policies and priorities, to establish the levels of domestic environmental and labour protection it deems appropriate and to adopt or modify its relevant laws and policies. Such protection levels, laws and policies shall be consistent with each Party's commitments to the internationally recognised standards and agreements referred to in this Chapter. 2. Each Party shall strive to ensure that its relevant laws and policies provide for, and encourage, high levels of environmental and labour protection, and shall strive to improve such levels, laws and policies. 3. A Party shall not weaken or reduce the levels of protection afforded in its environmental or labour laws in order to encourage investment. 4. A Party shall not waive or otherwise derogate from, or offer to waive or otherwise derogate from, its environmental or labour laws in order to encourage investment. 5. A Party shall not, through a sustained or recurring course of action or inaction, fail to effectively enforce its environmental or labour laws in order to encourage investment. 6. The Parties shall not use their respective environmental or labour laws in a manner which would constitute a means of arbitrary or unjustifiable discrimination or a disguised restriction on international investment.

Appears in 5 contracts

Samples: Sustainable Investment Facilitation Agreement, Sustainable Investment Facilitation Agreement, Sustainable Investment Facilitation Agreement

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Right to Regulate and Levels of Protection. 1. The Parties recognise the right of each Party to determine its sustainable development policies and priorities, to establish the levels of domestic environmental and labour protection it deems appropriate and to adopt or modify its relevant laws law and policies. Such protection levels, laws law and policies shall be consistent with each Party's commitments commitment to the internationally recognised standards and agreements referred to in this Chapter. 2. Each Party shall strive to ensure that its relevant laws law and policies provide for, and encourage, high levels of environmental and labour protection, and shall strive to improve such levels, laws law and policies. 3. A Party shall not weaken or reduce the levels of protection afforded in its environmental or labour laws law in order to encourage trade or investment. 4. A Party shall not waive or otherwise derogate from, or offer to waive or otherwise derogate from, its environmental or labour laws law in order to encourage trade or investment. 5. A Party shall not, through a sustained or recurring course of action or inaction, fail to effectively enforce its environmental or labour laws in order to encourage trade or investment. 1 For the purposes of this chapter, the term "labour" means the strategic objectives of the ILO under the Decent Work Agenda, which is expressed in the ILO 2008 Declaration on Social Justice for a Fair Globalisation. 6. The Parties shall not use their respective environmental or labour laws in a manner which would constitute a means of arbitrary or unjustifiable discrimination or a disguised restriction on international investment.

Appears in 2 contracts

Samples: Eu Australia Free Trade Agreement Proposal, Free Trade Agreement

Right to Regulate and Levels of Protection. 1. The Parties recognise the right of each Party to determine its sustainable development policies and priorities, to establish the levels of domestic environmental and labour protection it deems appropriate and to adopt or modify its relevant laws and policies. Such protection levels, laws and policies shall be consistent with each Party's commitments to the internationally recognised standards and agreements referred to in this Chapter. 2. Each Party shall strive to ensure that its relevant laws and policies provide for, and encourage, high levels of environmental and labour protection, and shall strive to improve such levels, laws and policies. 3. A a Party shall not weaken or reduce the levels of protection afforded in its environmental or labour laws in order to encourage investment. 4. A a Party shall not waive or otherwise derogate from, or offer to waive or otherwise derogate from, its environmental or labour laws in order to encourage investment. 5. A a Party shall not, through a sustained or recurring course of action or inaction, fail to effectively enforce its environmental or labour laws in order to encourage investment. 6. The Parties shall not use their respective environmental or labour laws in a manner which would constitute a means of arbitrary or unjustifiable discrimination or a disguised restriction on international investment.

Appears in 1 contract

Samples: Sustainable Investment Facilitation Agreement

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Right to Regulate and Levels of Protection. 1. The Parties recognise the right of each Party to determine its sustainable development policies and priorities, to establish the levels of domestic environmental and labour protection it deems appropriate and to adopt or modify its relevant laws and policies. Such protection levels, laws and policies shall be consistent with each Party's commitments to the internationally recognised standards and agreements referred to in this Chapter. 2. Each Party shall strive to ensure that its relevant laws and policies provide for, and encourage, high levels of environmental and labour protection, and shall strive to improve such levels, laws and policies. 3. A Party shall not weaken or reduce the levels of protection afforded in its environmental or labour laws in order to encourage investment. 4. A Party shall not waive or otherwise derogate from, or offer to waive or otherwise derogate from, from its environmental or labour laws in order to encourage investment. 5. A Party shall not, through a sustained or recurring course of action or inaction, fail to effectively enforce its environmental or labour laws in order to encourage investment. 6. The Parties shall not use their respective environmental or labour laws in a manner which would constitute a means of arbitrary or unjustifiable discrimination or a disguised restriction on international investment.

Appears in 1 contract

Samples: Sustainable Investment Facilitation Agreement

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