Common use of National Treatment and Most-favoured-nation Treatment Clause in Contracts

National Treatment and Most-favoured-nation Treatment. 1. Each Contracting Party shall, to nationals or companies of the other contracting party as regards their investments and activities associated with such investments, treatment no less favourable than that accorded to its own nationals or companies or the treatment accorded to nationals or companies of the most favoured nation, whichever is more favourable. in this connection, the nationals of one Contracting Party who are authorised to work in accordance with the domestic legislation of the other party will receive appropriate facilities for the exercise of their professional activities.

Appears in 2 contracts

Samples: Agreement, Agreement

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National Treatment and Most-favoured-nation Treatment. (1) Each Contracting Party shall ensure fair and equitable treatment within its territory to the investments of investors of the other Contracting Party. Each Contracting Party shall, shall accord to nationals or companies investors of the other contracting party as regards Contracting Party and to their investments and activities associated with such investments, treatment no less favourable than that accorded it accords to its own nationals investors and their investments or companies to investors of any third country, with respect to the management, operation, maintenance, use, enjoyment, extension, sale or the treatment accorded to nationals or companies liquidation of the most favoured nationan investment, whichever is more favourable. in this connection, favourable to the nationals of one Contracting Party who are authorised to work in accordance with the domestic legislation of the other party will receive appropriate facilities for the exercise of their professional activitiesinvestor.

Appears in 1 contract

Samples: Agreement

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