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2. Paragraph 1 does not apply to actions taken by a party that are in line with that party`s obligations under the World Trade Organization and the agreements it manages. However, one part applies to products originating from the other party which, with respect to tariff reductions resulting from multilateral negotiations under the aegis of the World Trade Organization, deal with tariff reductions for most parties, provided that that party grants these benefits to all other WTO members. (3) Paragraph 1 does not apply to: Footnotes 1 As used in this agreement, the term “normal trade relations” has the same meaning as the treatment of the most favoured nation. 2. This condition is understood by sector figures, the volume of trade involved and the types of supply. To fulfil this condition, agreements should not provide for the prior exclusion of any form of delivery. 3. The term “relevant international organizations” refers to international bodies whose membership is open to at least all WTO members.

4. Where a contracting party imposes a market access obligation with respect to the provision of a service by the type of service covered by Article 1, paragraph 2, point A, and if cross-border capital movements are an essential element of the service itself, that party undertakes to authorize such capital movements. When a party assumes a market access obligation with respect to the provision of a service by the type of supply covered by Article 1, paragraph 2, point C, it undertakes to authorize the transfer of related capital within its territory. 5. Paragraph 2, point C, does not apply to a party`s measures that limit service delivery. 6. Specific commitments made under this section should not be construed as requiring any of the contracting parties to compensate for any competitive disadvantage arising from the foreign nature of the service or service provider concerned. 7. However, where the service is not provided directly by a corporation, but by other forms of commercial presence, such as a branch or representation, the service provider (i.e.

the corporation) benefits, by that presence, from the treatment accorded to service providers under this chapter. This treatment is extended to the existence by which the service is provided and there is no need to be extended to other parts of the provider outside the territory where the service is provided. IIA Navigator This IIAs database – the IIA Navigator – is managed by the IIA section of UNCTAD. You can browse THE IIAs that are completed by a given country or group of countries, view the recently concluded IIAs, or use advanced research for sophisticated research tailored to your needs. Please quote as: UNCTAD, International Investment Agreements Navigator, available at investmentpolicy.unctad.org/international-investment-agreements/ 2. With respect to the application of Chapter IV, Article 10.1, an investor who argues that a tax measure concerns an expropriation may subject that dispute to arbitration proceedings within the meaning of Chapter IV, Article 4.3, provided that the investor concerned has previously referred the question of whether this tax measure constitutes expropriation to the competent tax authorities of the two contracting parties. However, the investor cannot refer the dispute to arbitration if, within nine months of the date of the dismissal, the competent tax authorities of both parties find that the tax measure does not involve expropriation.