Common Market definition
Examples of Common Market in a sentence
Such treatment shall not apply to privileges which either Contracting Party accords to investors of a third State by virtue of its association or participation in a free trade area, customs union, Common Market or any other form of regional economic organization.
The provisions under point 1 and 2 of this Article do not refer to the advantages and privileges which one Contracting Party may grant to investors of Third States by virtue of their membership of a Customs or Economic Union, of a Common Market, of a Free Trade Area, of a multilateral economic Agreement or under agreements signed in order to prevent double taxation or to facilitate cross border trade.
The treatment mentioned above shall not apply to any advantage or privilege accorded to investors of a third State by either Contracting Party based on the membership of that Contracting Party in Custom Union, Common Market, Free Trade Zone, economic multilateral or international Agreement, or based on an Agreement concluded between that Contracting Party and a third State on Avoidance of Double Taxation or based on cross—border trade arrangement.
The provisions under paragraphs 1 and 2 of this Article do not refer to the advantages and privileges which one Contracting Party may grant to investors of Third States by virtue of their membership to a Customs or Economic Union, a Common Market, to a Free Trade Area, to a regional or sub-regional Agreement, to an international multilateral economic Agreement or under Agreements to avoid double taxation or to facilitate cross border trade.
If a party has granted special treatment to investments from untercer country establish pursuant to provisions of agreements to avoid double taxation, free trade area, customs union, Common Market, monetary and economic unions or similar institutional, that Party shall not be obliged to accord the treatment in question to investors or investments of the other party.