Ad Article. 2 (a) Investments made in accordance with the laws and regulations of a Party within the scope of its jurisdiction by nationals or companies of the other Party shall enjoy the full protection of the Treaty. (b) The Treaty shall also apply in the areas of the exclusive economic zone and the continental shelf to the extent that the international law of the respective Contracting Party permits the exercise of sovereign rights or jurisdiction in such areas.
Appears in 1 contract
Sources: Treaty on the Promotion and Reciprocal Protection of Capital Investments
Ad Article. 2
(a) Investments made Capital investments which, in accordance with the laws and regulations legal provisions of a one of the Contracting Parties, have been made in the territory of that Contracting Party within the scope of its jurisdiction by nationals or companies of the other Contracting Party shall enjoy the full protection of the Treaty.
(b) The Treaty shall also apply in the areas of the exclusive economic zone and of the continental shelf to the extent that the whenever international law of grants to the respective Contracting Party permits the exercise of sovereign rights or jurisdiction in such these areas.
Appears in 1 contract
Sources: Treaty on Reciprocal Encouragement and Protection of Capital Investments