Implementing Committee definition

Implementing Committee means the Implementing Committee established under Article 5.3; Korea means the Republic of Korea;

Implementing Committee means the committee created pursuant to Section 7.7 of the FMA.

Implementing Committee means the Implementing Committee established under Article 5.3 of the Framework Agreement; new ASEAN Member Countries means the Kingdom of Cambodia, the ▇▇▇ ▇▇▇▇▇▇▇’ Democratic Republic, the Union of Myanmar and the Socialist Republic of Vietnam; non-tariff measures shall include non-tariff barriers; Parties means Korea and the ASEAN Member Countries collectively; Party means Korea or an ASEAN Member Country; WTO means the World Trade Organisation; and WTO Agreement means the Marrakesh Agreement Establishing the World Trade Organisation, done on 15 April 1994 and the other agreements negotiated thereunder.

Implementing Committee means the Implementing Committee established under Article 5.3 of the Framework Agreement; investment means every kind of asset that an investor owns or controls, and that has the characteristics of an investment, such as the commitment of capital or other resources, the expectation of gains or profits or the assumption of risk, and in particular, shall include but is not limited to: movable and immovable property and any other property rights such as mortgages, liens or pledges; shares, stocks and debentures of a juridical person or interests in the property of such juridical person; intellectual property rights which are recognised pursuant to laws and regulations of a host Party and international agreements to which the host Party is a party and goodwill; business concessions2 conferred by law or under contract, including concessions to search for, cultivate, extract or exploit natural resources; and a claim to money or any performance having financial value, but the term investment does not include claims to money that arise solely from: commercial contracts for the sale of goods or services by a natural or juridical person in the territory of a Party to natural or juridical person in the territory of any other Party; or the extension of credit in connection with a commercial transaction, such as trade financing. For the purpose of the definition of investment in this Article, returns that are invested should be treated as investments and any alteration of the form in which assets are invested or reinvested shall not affect their character as investments; investor of a Party means a natural person or a juridical person of a Party that is seeking to make3, is making, or has made an investment in the territory of any other Party; juridical person of a Party means any legal entity duly constituted or otherwise organized under a Party's applicable law, whether for profit or otherwise, and whether privately-owned or governmentally-owned, including any corporation , trust, partnership, sole proprietorship, joint venture, or other association, and its branch4; Korea means the Republic of Korea; measures means any measure by a Party, whether in the form of a law, regulation, rule, procedure, decision, administrative action, or in any other form affecting investors and/or investments, and include measures taken by: central, regional or local governments and authorities; and non-governmental bodies in the exercise of powers delegated by central, regional or loca...

Implementing Committee means the committee created pursuant to Section 7.7.

Implementing Committee means the Implementing Committee established under Article 5.3 of the Framework Agreement; juridical person means any legal entity duly constituted or otherwise organised under applicable law, whether for profit or otherwise, and whether privately-owned or governmentally-owned, including any corporation, trust, partnership, joint venture, sole proprietorship or association; juridical person of another Party means a juridical person which is either: constituted or otherwise organised under the law of that other Party, and is engaged in substantive business operations in the territory of that Party or any other Party; or in the case of the supply of a service through commercial presence, owned or controlled by: natural persons of that Party; or juridical persons of that other Party identified under subparagraph (i) a juridical person is: owned by persons of a Party if more than 50 per cent of the equity interest in it is beneficially owned by persons of that Party; controlled by persons of a Party if such persons have the power to name a majority of its directors or otherwise to legally direct its actions; affiliated with another person when it controls, or is controlled by, that other person; or when it and the other person are both controlled by the same person; Korea means the Republic of Korea; measure means any measure by a Party, whether in the form of a law, regulation, rule, procedure, decision, administrative action, or any other form; measures by Parties means measures taken by: central, regional or local governments and authorities; and non-governmental bodies in the exercise of powers delegated by central, regional or local governments or authorities; measures by Parties affecting trade in services include measures in respect of: the purchase, payment or use of a service; the access to and use of, in connection with the supply of a service, services which are required by the Parties to be offered to the public generally; the presence, including commercial presence, of persons of a Party for the supply of a service in the territory of another Party; monopoly supplier of a service means any person, public or private, which in the relevant market of the territory of a Party is authorised or established formally or in effect by that Party as the sole supplier of that service; natural person of another Party means a natural person who resides in the territory of that other Party or elsewhere and who under the law of that other Party: is a national of ...