With reference to Article. 2 a) A Contracting Party (or its Agencies or its Representatives) may enter into an investment agreement with investors of the other Contracting Party, making investments of national interest in the territory of the Contracting Parties, which will govern the specific legal relationship investment concerned. b) None of the Contracting Parties shall provide any conditions for the initiation, development or continuation of investments which may result in the hiring or imposition of limits on the sale of production on national and international markets, or which specify that the goods they must be procured locally, or other similar conditions. c) Each Contracting Party will provide effective means to assert claims and assert their rights in relation to investments and investment agreements. d) Citizens of each Contracting Party authorized to work in the territory of the other Contracting Party in connection with an investment pursuant to this Agreement shall be entitled to adequate working conditions for the performance of their professional activities, in accordance with the legislation of the host Contracting Party. e) In accordance with its own laws and regulations, each Contracting Party will regulate as far as possible favorably the problems related to entry, stay, work and travel on its territory of the citizens of the other Contracting Party and of the members of their families who carry out activities connected with the investments referred to in this Agreement. f) To juridical persons constituted under the laws or regulations in force of one of the two Contracting Parties, which are owned or controlled by the other Contracting Party, will be allowed to employ managerial personnel of their choice, regardless of nationality, in accordance with the legislation of the host Contracting Party.
Appears in 3 contracts
Sources: Investment Agreement, Investment Protection Agreement, Investment Agreement