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Investment Agreements in the Western Hemisphere: A Compendium

Bilateral Free Trade Agreements


III. Treatment | A. Standards | 4. National Treatment

Free Trade Agreement Between Bolivia and Mexico

Each Party shall grant investors of the other Party and investments of investors of the other Party treatment no less favorable than that it grants, in like circumstances, to its own investors. (Article 15-03(1)).

Free Trade Agreement Between Costa Rica and Mexico

Each Party shall grant investors of the other Party and investments of investors of the other Party treatment no less favorable than that it grants, in like circumstances, to its own investors and to investments of these investors. (Article 13-03).

Free Trade Agreement Between Canada and Chile

Each Party shall accord to investors of the other Party treatment no less favourable than that it accords, in like circumstances, to its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments. (Article G-02(1)).

Each Party shall accord to investments of investors of the other Party treatment no less favourable than that it accords, in like circumstances, to investments of its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments. (Article G-02(2)).

The treatment accorded by a Party under paragraphs 1 and 2 means, with respect to a province, treatment no less favourable than the most favourable treatment accorded, in like circumstances, by that province to investors, and to investments of investors, of the Party of which it forms a part. (Article G-02(3)).

For greater certainty, no Party may:

a) impose on an investor of the other Party a requirement that a minimum level of equity in an enterprise in the territory of the Party be held by its nationals, other than nominal qualifying shares for directors or incorporators of corporations; or

b) require an investor of the other Party, by reason of its nationality, to sell or otherwise dispose of an investment in the territory of the Party. (Article G-02(4)).

Each Party shall accord to investors of the other Party and to investments of investors of the other Party the better of the treatment required by Articles G-02 and G-03. (Article G-04 (1)). Annex G-04.2 sets out certain specific obligations by the Party specified in that Annex. (Article G-04(2)).

Chile shall accord to an investor of Canada or an investment of such investor that is party to an investment contract pursuant to Decree Law 600 of 1974 (ADecreto Ley 600 de 1974"), the better of the treatment required under this Agreement or granted under the contract pursuant to the said Decree Law. (Annex G-04.2(1)).

Chile shall permit an investor of Canada or an investment or such investor, referred to in paragraph 1, to amend the investment contract in order to reflect the rights and obligations of this Agreement. (Annex G-04.2(2)).

 
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