TNAG-2826-FCO40-4079-Investment-Protection-and-Promotion-Agreements-(IPPA)-betwee-1993 — Page 99

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ARTICLE 4

Treatment of Investments and Returns

1

Party shall in its area accord

investors of the other

(1)

Each

Contracting

investments

and

returns of

Contracting

Party

treatment no

less

which it accords to investments

favourable than that

and returns of its own

investors or to investments and returns of investors of any

other State, whichever is more favourable to the investor

concerned.

(2)

Each

Contracting Party shall in its area accord to

Contracting Party, as regards the

investors of the other

activities relating to their investments, in particular the

management, maintenance, use, enjoyment or disposal thereof,

treatment no less favourable than that which it accords to

its own investors or to investors of any other State,

whichever is more favourable to the investor concerned. In

this

one

respect, personnel authorized to work in the area of

Contracting Party in connection with an investment shall

enjoy, in accordance with the laws of that Contracting

Party, the material facilities relevant to the exercise of

their professional activities.

H

И

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