Common use of With Reference to Articles Iv and Vii Clause in Contracts

With Reference to Articles Iv and Vii. The interpretation of Articles IV and VII of the Agreement is that the Parties consider that the application of the Most Favoured Nation treatment does not extend to the particular treatment that either Party reserves to foreign investors for an investment made within the framework of a concessional financing provided for in a bilateral agreement concluded by that Party with the country to which the said investors belong, such as the Treaty of 10 December 1987 establishing the Special Associative Relationship between Argentina and Italy and the Economic Agreement forming part of the General Treaty of Cooperation and Friendship between Spain and Argentina of 3 June 1988.