Common use of Promotion and Admission of Investments Clause in Contracts

Promotion and Admission of Investments. Either Contracting Party shall, within the framework of its laws and regulations and subject to its general policy in the field of foreign investments, promote economic cooperation through the protection in its territory of investments of nationals of the other Contracting Party. Subject to its right to exercise powers conferred by its laws or regulations, each Contracting Party shall admit such investments.

Promotion and Admission of Investments. Either Contracting Party shall, within the framework of its laws and regulations and subject to its general policy in the field of foreign investmentsregulations, promote economic cooperation through the protection in its territory of investments of nationals of the other Contracting Party. Subject to its right to exercise powers conferred by its laws or regulations, each Contracting Party shall admit such investments.