Common use of State Enterprises Clause in Contracts

State Enterprises. 1. Nothing in this Chapter shall be construed to prevent a Party from establishing or maintaining a state enterprise, provided that this is done in accordance with the Party's domestic law. 2. Each Party shall ensure that any state enterprise that it establishes or maintains acts in a manner that is not inconsistent with the Party's obligations under this Agreement wherever such enterprise exercises any regulatory, administrative or other governmental authority that the Party has delegated to it, such as the power to expropriate, grant licences, approve commercial transactions, or impose quotas, fees or other charges. 3. Each Party shall ensure that any state enterprise that it establishes or maintains accords non-discriminatory treatment in the sale of its goods or services. 4. Each Party shall take reasonable measures to ensure it does not provide any competitive advantage to any government- owned business simply because it is government owned. This Article applies to the business activities of government- owned businesses and not to their non-business, non-commercial activities.

State Enterprises. 1. Nothing in this Chapter shall be construed to prevent a Party from establishing or maintaining a state enterprise, provided that this is done in accordance with the Party's ’s domestic law. 2. Each Party shall ensure that any state enterprise that it establishes or maintains acts in a manner that is not inconsistent with the Party's ’s obligations under this Agreement wherever such enterprise exercises any regulatory, administrative or other governmental authority that the Party has delegated to it, such as the power to expropriate, grant licences, approve commercial transactions, or impose quotas, fees or other charges. 3. Each Party shall ensure that any state enterprise that it establishes or maintains accords non-discriminatory treatment in the sale of its goods or services. 4. Each Party shall take reasonable measures to ensure it does not provide any competitive advantage to any government- government-owned business simply because it is government owned. This Article applies to the business activities of government- government-owned businesses and not to their non-business, non-commercial activities.