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| Author: | Dearden, R. |
| Title: | Arbitration of expropriation disputes between an investor and the state under the North American Free Trade Agreement |
| Journal: | Journal of World Trade
1995 : FEB, VOL. 29:1, p. 113-128 |
| Index terms: | FREE TRADE CONTRACTS NORTH AMERICA |
| Language: | eng |
| Abstract: | The Parties to NAFTA cannot nationalize or expropriate an investment except under certain conditions and upon payment of compensation to the investor. A NAFTA Party may not directly or indirectly nationalize or expropriate an investment of an investor of another Party in its territory or take a measure tantamount to nationalization or expropriation of such an investment, except for a public purpose, on a non-discriminatory bases, in accordance with due process of law and certain minimum standards of treatment and on payment of compensation. |
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