Common use of Fair and Equitable Treatment Clause in Contracts

Fair and Equitable Treatment. Either Contracting Party shall extend fair and equitable treatment in accordance with the principles of International Law to investments made by nationals and companies of the other Contracting Party on its territory or in its maritime area, and shall ensure that the exercise of the right thus recognized shall not be hindered by law or in practice. In particular though not exclusively, shall be considered as de jure or de facto impediments to fair and equitable treatment any restriction on the purchase or transport of raw materials and auxiliary materials, energy and fuels, as well as the means of production and operation of all types, any hindrance of the sale or transport of products within the country and abroad, as well as any other measures that have a similar effect. Within the framework of their internal legislation, the Contracting Parties shall favorably examine requests for entry and authorization to reside, work and travel made by the nationals of one Contracting Party in relation to an investment made on the territory or in the maritime area of the other Contracting Party.

Appears in 4 contracts

Samples: Draft Agreement, Draft Agreement, Draft Agreement

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Fair and Equitable Treatment. Either Each Contracting Party shall extend undertakes to provide, in its territory and in the maritime area, fair and equitable treatment in accordance with the principles of International Law international law, to investments made by of nationals and companies of the other Contracting Party on its territory or in its maritime area, party and shall to ensure that the exercise enjoyment of the right thus recognized shall not be hindered by is hampered in either law or in practicefact. In particular particular, though not exclusively, shall be considered regarded as de jure barriers of fact or de facto impediments to law in fair and equitable treatment any restriction on the to purchase or and transport of raw materials and auxiliary materials, energy and fuels, as well as the fuel or of means of production and or operation of all typesany kind, any hindrance of interference with the sale or and transport of products goods within the country and abroad, abroad as well as any other measures that have having a similar effect. Within The Contracting Parties shall consider sympathetically, within the framework of their internal national legislation, the Contracting Parties shall favorably examine requests applications for entry and authorization to resideresidence permits, work and travel made labour movement introduiles by the nationals of one Contracting Party in relation to respect of an investment made on in the territory or in the maritime area zones of the other Contracting Partycontracting party.

Appears in 2 contracts

Samples: Agreement, Agreement

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Fair and Equitable Treatment. Either Contracting Party shall extend fair and equitable treatment in accordance with the principles of International Law to investments made by nationals and companies investors of the other Contracting Party on its territory or in its maritime area, and shall ensure that the exercise of the right thus recognized shall not be hindered by law or in practice. In particular though not exclusively, shall be considered as de jure or de facto impediments to fair and equitable treatment any restriction on the purchase or transport of raw materials and auxiliary materials, energy and fuels, as well as the means of production and operation of all types, any hindrance of the sale or transport of products within the country and abroad, as well as any other measures that have a similar effect. Within the framework of their internal legislation, the Contracting Parties shall favorably examine requests for entry and authorization to reside, work and travel made by the nationals of one Contracting Party in relation to an investment made on the territory or in the maritime area of the other Contracting Party.

Appears in 1 contract

Samples: investmentpolicy.unctad.org

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