TNAG-2826-FCO40-4079-Investment-Protection-and-Promotion-Agreements-(IPPA)-betwee-1993 — Page 192

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

(1)

ARTICLE 7

Exceptions

The provisions in this Agreement relative to the grant of

treatment not less favourable than that accorded to the investors

of either Contracting Party or to investors of any other State

shall not be construed so as to oblige one Contracting Party to

extend to the investors of the other the benefit of any treatment,

preference or privilege resulting from any international agreement

or arrangement relating wholly or mainly to taxation or any

domestic legislation relating wholly or mainly to taxation.

(2)

The provisions of Artic 3 do not apply to any advantages

or privileges which one Contracting Party grants or may grant at

some future time to any other State by virtue of its membership in

customs or economic unions, common market associations, free trade

areas, regional or subregional agreements, International

multilateral economic agreements, or agreements entered into in

order to prevent double taxation

trade.

to facilitate cross-border

И

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