Free Trade Area of the Americas - FTAA

 
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Investment Agreements in the Western Hemisphere: A Compendium

Bilateral Free Trade Agreements


VII. Settlement of Disputes Between a Contracting Party and an Investor | A. Pre-Arbitral Consultations

Free Trade Agreement Between Bolivia and Mexico

Each Party shall permit transfers to be made in a freely convertible currency at the exchange rate prevailing on the market on the date of transfer. (Article 15-08(2)). The compensation shall be equivalent to the fair market value of the expropriated investment immediately before the expropriation measure is put into effect (Adate of expropriation@), and shall not reflect any change in value due to the intention to expropriate having been known prior to the date of expropriation. The valuation criteria shall include the declared taxable value of tangible assets, together with such other criteria as are deemed appropriate for determining the fair market value. (Article 15-09(2)). The payment of the compensation shall be made without delay and shall be fully realizable. (Article 15-09(3)). The disputing parties shall first endeavor to settle disputes by means of consultation or negotiation. (Article 15-18).

Free Trade Agreement Between Costa Rica and Mexico

The disputing parties shall first endeavor to settle disputes by means of consultation or negotiation. (Article 13-20).

Free Trade Agreement Between Canada and Chile

The disputing parties should first attempt to settle a claim through consultation or negotiation. (Article G-19).

 
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