ALCA FTAA ZLEA - Investment: Standards - Chile/Paraguay

Free Trade Area of the Americas - FTAA

Ministerial
Declarations

Trade Negotiations
Committee

Negotiating
Groups

Special
Committees

Business
Facilitation

Civil
Society

Trade&Tariff
Database

Hemispheric
Cooperation
Program

Home Countries Sitemap A-Z list Governmental Contact Points

Investment Agreements in the Western Hemisphere: A Compendium

Agreement Between Chile and Paraguay
11 August 1995

Subject: III. Treatment

A. Standards

1. Fair & Equitable Treatment
Yes. Each Contracting Party shall guarantee a fair and equitable treatment, in its territory, to investments of investors of the other Contracting Party and shall ensure that the exercise of the rights recognized here shall not be reduced in practice. (Article 4 (1)).

2. Full Protection and Security
Each Contracting Party shall protect, in its territory, investments made in accordance with its laws and regulations. (Article 3 (2)).

3. Non-Discrimination
Yes. Each Contracting Party shall not create obstacles with respect to the management, maintenance, use, usufruct, extension, sale or liquidation of such investments through unjustified or discriminatory measures. (Article 3 (2)).

4. National Treatment
Yes. Each Contracting Party shall grant investments of investors of the other Contracting Party treatment no less favorable than that it grants to investments of its own investors or investors of a third State, if this latter treatment is more favorable. (Article 4 (2)).

5. Most-Favored-Nation Treatment
Yes. Each Contracting Party shall grant investments of investors of the other Contracting Party treatment no less favorable than that it grants to investments of its own investors or investors of a third State, if this latter treatment is more favorable. (Article 4 (2)).

B. Exceptions
If a Contracting Party grants special advantages to investors of any third State by virtue of an agreement related to the creation of a free trade area, customs union, common market, economic union, or other forms of regional economic organization, or by virtue of an agreement related totally or principally to tax matters, this Party shall not be obliged to offer these advantages to investors of the other Contracting Party. (Article 4 (3)).

C. Other Aspects

1. Performance Requirements

2. Others
Investors of either Contracting Party who suffer losses due to a war or any other armed conflict, state of national emergency, civil disturbances and other similar events in the territory of the other Contracting Party shall receive from this Contracting Party, with respect to reparation, indemnification, compensation or other settlement, a treatment no less favorable than that accorded to national investors or those of any third State. (Article 6 (4)).


countries	sitemap	a-z list	governmental contact points