Declining Roles of International Bodies
Date Submitted: 09/10/2006 04:38:09
Category: / Society & Culture / Religion
Length: 12 pages (3328 words)
Category: / Society & Culture / Religion
Length: 12 pages (3328 words)
Being the largest and most competitive market in the world, participation in the international market by any nation often results in the pursuit to obtain any sort of advantage necessary to come out on top. This notion is strengthened when there is more on the line, such as international stature or respect, making that desire to use more creative or crafty means to achieve that success is further heightened. The prospect to 'cheat' the markets
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part.
4. For greater certainty, no Party may:
(a) impose on an investor of another Party a requirement that a minimum level of equity in an enterprise in the territory of the Party be held by its nationals, other than nominal qualifying shares for directors or incorporators of corporations; or
(b) require an investor of another Party, by reason of its nationality, to sell or otherwise dispose of an investment in the territory of the Party.
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