Treatment of Investment. 1. Each Party shall accord to covered investments fair and equitable treatment and full protection and security. 2. For greater certainty (6): (a) fair and equitable treatment requires each Party not to deny justice in any legal or administrative proceedings; (b) full protection and security requires each Party to take such measures as may be reasonably necessary to ensure the protection and security of the covered investment; and (c) the concepts of "fair and equitable treatment" and "full protection and security" do not require treatment in addition to or beyond that which is required under customary international law, and do not create additional substantive rights. 3. A determination that there has been a breach of another provision of this Agreement, or of a separate international agreement, does not establish that there has been a breach of this Article.
Appears in 6 contracts
Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement
Treatment of Investment. 1. Each Party shall accord to covered investments fair and equitable treatment and full protection and security.
2. For greater certainty (6):
(a) fair and equitable treatment treatment" requires each Party not to deny justice in any legal or administrative proceedingsproceedings in accordance with the principle of due process of law;
(b) full protection and security security" requires each Party to take such measures as may be reasonably necessary to ensure the physical protection and security of the covered investment; and
(c) the The concepts of "fair and equitable treatment" and "full protection and security" do not require treatment in addition to or beyond that which is required under customary international law, and do not create additional substantive rights.
3. A determination that there has been a breach of another provision of this Agreement, or of a separate international agreement, does not establish that there has been a breach of this Article.
Appears in 3 contracts
Samples: Investment Agreement, Investment Agreement, Investment Agreement
Treatment of Investment. 1. Each Party shall accord to covered investments fair and equitable treatment and full protection and security.
2. For greater certainty (6):certainty6:
(a) fair and equitable treatment requires each Party not to deny justice in any legal or administrative proceedings;
(b) full protection and security requires each Party to take such measures as may be reasonably necessary to ensure the protection and security of the covered investment; and
(c) the concepts of "“fair and equitable treatment" ” and "“full protection and security" ” do not require treatment in addition to or beyond that which is required under customary international law, and do not create additional substantive rights.
3. A determination that there has been a breach of another provision of this Agreement, or of a separate international agreement, does not establish that there has been a breach of this Article.
Appears in 1 contract
Samples: Free Trade Agreement