Marrakesh Agreement Article 16

2. Membership decisions are made by the Ministerial Conference. The Ministerial Conference approves the agreement on the terms of membership by a two-thirds majority of WTO members. 2. The agreements and related legal instruments, known as multilateral trade agreements, which are contained in Schedules 1, 2 and 3, are an integral part of this agreement and are binding on all members. (5) There is a commodity trade council, a services council and a council on aspects of intellectual property rights that affect trade (`TRIPS Advice`), acting under the general direction of the General Council. The Trade in Goods Council monitors the operation of the multilateral trade agreements in Schedule 1A. The Council for Trade in Services monitors the functioning of the general agreement on trade in services (`GATS`). The TRIPS Council monitors the functioning of the agreement on aspects of intellectual property rights that affect trade (hereafter referred to as the TRIPS Agreement). These councils carry out the functions entrusted to them by their respective agreements and by the General Council. They decide on their internal regulations, subject to the agreement of the General Council. Membership in these councils is open to representatives of all members.

These councils may meet to carry out their duties. (d) payments made under a contract, including payments made under a loan agreement; Note: This article imposes the minimum international standard for the treatment of foreigners as a minimum standard for the treatment of investors of the other party. Concepts of fair and equitable treatment, full protection and safety do not require additional treatment or beyond, which is required by the international minimum standard for the treatment of foreigners. The finding of a violation of another provision of this agreement or a separate international agreement does not constitute a violation of this article. (b) Article II of the New York Convention on a Written Agreement. 3. Paragraph 1 applies between a member and another member who has joined under Article XII only if the member who does not accept the application has informed the Ministerial Conference of the terms of membership before the agreement is approved by the Ministerial Conference. 1. An issuer may provide investment assistance to investors in each contracting party in connection with projects or activities under the other party`s jurisdiction. Investors and investments made by investors from one party in the other party`s area may enter into investment assistance agreements with the issuer.

The issuer will only cover investment assistance for projects and activities authorized in this agreement. 5. Section 59 does not apply to treatments listed by a contracting party under Schedule 9 agreements or sectors.