Common use of Economic Integration Clause in Contracts

Economic Integration. 1. This Chapter shall not apply to advantages accorded by either Party by virtue of such Party's membership in, or having entered into, an agreement liberalizing trade in services between or among the parties to such an agreement, provided that such an agreement: A. has substantial sectoral coverage, (2) and B. provides for the absence or elimination of substantially all discrimination, in the sense of Article 7, between or among the parties, in the sectors covered under subparagraph (A), through: i) elimination of existing discriminatory measures, and/or ii) prohibition of new or more discriminatory measures, either at the entry into force of that agreement or on the basis of a reasonable time- frame, except for measures permitted under Articles 1, 2, and 3 of Chapter VII. 2. A service supplier of any Party that is a juridical person constituted under the laws of a party to an agreement referred to in paragraph 1 shall be entitled to treatment granted under such agreement, provided that it engages in substantive business operations in the territory of the parties to such agreement.

Economic Integration. 1. This Chapter shall not apply to advantages accorded by either Party by virtue of such Party's ’s membership in, or having entered into, an agreement liberalizing trade in services between or among the parties to such an agreement, provided that such an agreement: A. has substantial sectoral coverage, (2) coverage,2 and B. provides for the absence or elimination of substantially all discrimination, in the sense of Article 7, between or among the parties, in the sectors covered under subparagraph (A), through: i) elimination of existing discriminatory measures, and/or ii) prohibition of new or more discriminatory measures, either at the entry into force of that agreement or on the basis of a reasonable time- frame, except for measures permitted under Articles 1, 2, and 3 of Chapter VII. 2. A service supplier of any Party that is a juridical person constituted under the laws of a party to an agreement referred to in paragraph 1 shall be entitled to treatment granted under such agreement, provided that it engages in substantive business operations in the territory of the parties to such agreement. 2 This condition is understood in terms of number of sectors, volume of trade affected and modes of supply. In order to meet this condition, agreements should not provide for the a priori exclusion of any mode of supply.