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AGRHM&NT'

IIETWEEH THE GOYEIIHIIIENT Of' THE MPIIBUC OF TRMO*D AMI TO~O

AND THE GOVERNMENT Of' THE REPUIILIC OF FRANCE

ON THE Rl!Cl'ROCAL PROMOTION AND PIIOTIiC:I1OH

OF INVESTIIEHTB

•

ll>o Gov_ 0/ '1>0 RepubIc 01 Hnldad and lobo"" and ,h. GovemmenI 01'1>0 Republic 01 France hereloall.r relllfTed 10 8S lhe ConIracUng Pen6ea, .

Q~"'g 10 car.ngthen Ih. ecanom6c c:ooperWlon between both SliM .. end 10 creel. favourable condIklnIlot TrWdad anti Tot.go nvulmenlalfl France And French Inve:slmenla k1 TIinkiad.net TDIlrftQO.

Can_,ha"". PfO"1OI ..... nd pmloctJon 0/ ,,,.. Inv ......... _ ._In "_'Ing IfaNlers ~ capIIarand lechnology belWMn U,.lwo counIries in the Interest of lhetr ec:onomIc~Il.

HavG agreed ~ follows.

ARDClE 1

QtJlnntons

FOI' 'h. purpos. 0/ 'hlo Agr_ :

1. Tho lerm 'lnveslment' _ .vory kind 0/ ....... such ... goods. righls end lnioresl 0/ ,,1101._ not .... and In pertlc:oMr lhough no! oxolulilvely :

.) M~ and IrJwnovabIe propeny as well •• any olher rlghl In rem 5UCh .. mortgagee. lens. usulnds. pIed_ and aImIIa, 'Igllb ;

b) Sharu, prwnIa on II ..... and oIhar_ oIlnI.r'" including _y or -... I ...... In C<J<TClII- COMI ... od In '1>0 '."'ory 0/ .... ConIrIOllng Party :

0) TIlle 10 money or _ ..... or '110 '0 any IegIIIrno'o pertormonc:. having on _ YaNe ;

d) I"' ......... _clal and IndusIrIoJ propeIIy rlgIU such as cq>yrigtQ. poIent • • 1Iconc... lrademerb. Ind .... rtal modoIs end modi"". lochnIcaI .. • ... __ • , __ """ . goodwII ;

.) s_ concessione """'_ .by .... . ot IIndOr c:onIhICI. including ...-.cenIons '0 ... n:h lor. culllv .... OIdrod II< o>qlIoII .................... including _ which .... _od In .... _Imo or .. oI'ho ConIhlCltng PII1los.

II Ie "-ood lhat _ Investment. or. Invest,,*" which have olrudy ...... modo Of

may'be modo subseqUooIlo tho ."'1It!g InIo lorce 0I1hia ~ In -.Ionce ..." tho law In """" 01 ,1>0 ConIrw:IIng PorIyon'ho'_ory Of In tho .......... _ 0/ _Il110 _ .. ..-.

Nrjol_O/ 'ho ""'" In whIch ....... ro tnvuIod _.not oiled Ihetrquolllool ...... Inveslmonts p!OVIcIecI'ho' ouch .. _ .... II "'" In conIIcI WI" 'ho tow In """" 0/ \hi ~tng Pili, on lhe Idory or In rhe rn.atme .,.. of wNoh lhe inYeslmenilS INCM.

2. Th. t ...... _ ....... p\1yoIcaI _ I EM,. tho _y 01 II .... ecnhlcttng POIIy,lnacconlance wlh tho low In 10R:8 oIlhaI ecnroctlng Party.

3. Tho torm .~ __ any IogoIperoon OO/1IIItuleel on tho kIrrIory 0/ .... paNmcflng party In ."'''hiM ... _ 'ho tow In force 0/ lhal Porty"",, hovIng Is rOglola'eeI _ on the I......, d Ihtt Party. or COI~,".d IhcIIy or Irdroct" by tho .... _ 0/ _ CcnhICIIng Party, or by legal ".... hovIng ..... rogIsI~ _ In 1110 _ .. OlIO conIIUIng Party """ _uleel In .: _101 wlh tho .... In IOI'DI 0/ Ihot Party .

•• Tho ,"'" .......... _ ............ """""*' by on _ during • gtv.I period • • uch .. protlI • ...,._ end I .... caplaI goInI. dividends end lnIonoIII.

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IhftStmen( returns and, ... cas. 01 re-1n.,...lment re-tnVeat"*" retwns .MI ~ lhe 88n'W

protecUon as ahe Inv.slmenl..

5. T1. 1I~1.1I" _ apply 10 the t .... "'Y at .. eh ConIroctlog POllY. as w" .. !he 111IIrtlimo .r.a at eac:l'l ConIracltng Part)'. herean., dcJllned ai 11 __ •• clusl .... economic zone and lhe conIlnenIlII ...... ouIwant. the ten1torial ... or each ConIf-=ting Part)' OWl' which IMy haVI In K:COfdance .. h l"'o"\IIUonai l.w • .-.Ion right. • ..... jullsdldlor _ ..."... 10 lhe ollplorallon. eJ«lIobUon ......... 'Ion ond management of 1h' nall,nl resourc8l~

Adml"loD Ind promotion or InyflFlm.nta

ElICh ConInocllog POlly aha. _ ond oncourage on •• lenlory and In Is ... " .... _. In _nco with blaw In I""", and with the pro.tum oIlhis ".,.-. Invastmonls made by _ or companIoI oIlh. oIher ConIracllog POlly.

ARjDCI F3

Elf' lod "Wahl. IIUlmInl

Enhef eor.tracllng Pan), ..... Ind ... and .qua __ l,eetrnenI In Icca ..... wlh lhe ptIoq>I .. 01 1"' .... ltonaI law 10 1nYest_ ~ by ".1_ ond ... , ...... c/ lhe c/h., ConI .. cllng P.~y on .. 'orrl1o<y or In Is mortIImo _. ond ............. 'hoi 'he .. orcIco oIlhe right I .... recognized ..... not be hindered by low Of In pracllc.. Nellher ConI_log POlly ..... In ony way "'- by ~ or ~ory "..,.... the rMI.-g"' ...... mU'lIer.nce, UN., .M" ... or dIIIpocaI of __ on .0 t .... "'Y or In ....... Imo ... 01 .. _ or _iIOo c/ the other eont_1ng "'~y. Mr _oonabIo or ..... , ... 1"'1' ..... ~Ion on ,he puidlos. or "-01 now mot ...... ond o.-,y __ 10. onergy ond IuoIa. .. _ as ,he muno c/ producIIon ond --""" 0101 typoo • ..., 1''''' __ c/ !he ....... ,roncpoIt 01 produc\IWlhln the countl}' ond _. II _ U ony ___ 'hoi haw 0 _oIfod ..... be consIdotedOlclo,.".orde'_ ...... _. 'o' .. ond '-1_.

WlhIn lho ,'"""""'"' 01 IheIr Intomol low In 'orco. lho ConIoadlng PorI ........... .... _Ihoflcolly _I. "" antI}' ond ."_11on 10 roolcfO. -" ond I .. ..., mad. by Iloo .... _ 01 "'" ConI_log Party In _Ion 10 on InYestrnenl mode on Ulit lerrI"'Y or In tho mortIlrno __ 01 the c/her Contracllng POfIy.

ARDCLE4

.... !gna! ""' Itl2lUumI~

Each Conti8cIIng POity ..... IflPIY on •• 1 ... "'1' end In .. mort"", .... 10 tho .... _ ond __ 01 thoot" ..... y. wIh roopocIlo 1 __ 0 ond_ .... locI 10 tho __ ouch

....... F ..... , rMInI.-nce. UN. "Mme.1I or: dIapo.iI oI.~""'" • Ir.almenI rial ... fnroureble lhoro lhot gronIed 10" nortonols or........-. or tho _ pUd 10 lhe _ ...... , ... , ... c/ tho ..... ,.- .. lion, 1Il00 lotIor 10 ...... _ 1ft INa roopocI. .... _ .,,_ 10 _ on Iho tontlory end In tho marIImo .... 01 '"'" COntracUng Polly _ ..." Iloo mal .... , __ 10 tho .. -'0I1hofr"",, __ . .

~ 1_ ..... not incIudI tho prMIogoa gronto;l by "'" ConIQdIng POlly 10 _ ... ........... c/ • INnf porty Stole by WI". 01 .. pooI~ or I,''an In • "" _ zone. __ -. common mortceC ... ..., allIor form· 01 oagIonoI_ orgorUoIlon.

Tho pruvIoIoo IS oIlhIs ~1cIo do not 0IiJlIY 10 lox l1I0II .... .

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""lieU; &

t . Th. ____ by ""I<>M" OJ corr"flII1Io' 01 .... ConIracllng "'~y ..... "'*" 'ul ond compIeto proIocflon ond oa'oIy on Iho'onlOl)' .,.j In .h. marl~" •• , .. oI.h. oIhe, Coo~rocIlng ~y. .

2. Nolh. eororaollng Porty ...... any ",.. ..... 01 0"""""",,1on or .... _ ... "", or OIlY .11,., _Uf .. hevlng .he "'oct 01 ~MMIon. _ or _ . 01 nallonoIs or _nIu oI.h. 011 .. , eororKIlng Perty oI.h", _. on I, • ..,Iory WId In .. mortlme _ • ...,.". In .h. pWIc 1nI.,. .. • nd provided .h., .hoIo _t .... ""_'01)' or ""'1111)' 10 • portlCulor obIIgoflorl. .

Any moasur .. 01 cIispo$sooslon whk:!. mIgI~ be lakon ohaI gi¥e rise •• ,,;.....,. ft'''' odoquaI. compensa'lon, lhe ......... 01 which .ha11 be equoIlo .1>0 _'voklo 0111>0 __ concornod _ ..... be ... In _ wlh .h. normal eCon.mlc oI ... 1Ion preIIIIIq prior 10 any II ..... 01 ciopou ........

Tile Mid -"'-'Ion. lhe omoun4 •• "d condiIlona 01 peymon( ...... be ... noIlo •• U ... • h. do •• 01 ~_, This compensotlon 'hoa be tllOctIYtly raallzNll . . ..... be poId wI,,,,,d doIoy _ Ihol be ,,,,ely .nrnsI_. Unli .h. do •• 01 poyme'~. K , .... prodUCe "" ..... _ed of !he "'.....-. mark .. ra'. 0I1nI ......

3. Nallanals or componlu 01_ ContIllC'1ng P.~y "'-- _ ....... have ...... Ined laos .. due •• _ ., ony oilier anned conflict. ",voIUIlon .... 'Iona' 110'0 01 .mergency ... rovoII oc:an1ng on .11. 'orriory ., In .he merIIlme or ... oIlhe oilier eororocllng P.rty. oheI onIoY ._nt .. _rds _1 .. 1on Indornnllclr'lan. co_.1on or oilier •• II'oment 'rom ,1>0 IaUar Controcllng Porty 'he' 10 noI .... '0_0 .hon .h •• gmrIed .... own natlonolo or cdrnponIu ., ........ oI.he moot 10_ M'Ion.

ARTJeLI.

Tqn."" EacIr Controcllng Party. on lhe lerrlOI)' or In .he martllme ar .. 01 wh.ch .he _menlo _

boon nwdo by nallonoIo or _nlet oI.he "'her Contmcl~", PartY •• haII guo""""" Ihu. nallon ... and ..".,.,.,..'he , .... rans/. of :

.) ""_. _. ", .... _"' ..... _ Income.

b) royaIIoo deriving lrom ~ ... ""'., rIgIds u doIkIotI.ln Mk:Io t . P.ragnph t . loI'oro (d) and (I).

0) ropoymonls "'Ioano ....", _ been reguIorfy--od.

d) ...... 01 partial err .",., ...... Ion ., dIoposIlon 01 U .. _menl. including copIaI gains on !he ",,_od ;

The naUonaIt d llher ConIrocIlng Porty. who ha ... -. .. haIIzod '0 -" on !he .tnIory err In UIO ..... mo area d .he _ ConIrocIlng Party. u U ...... d .. _0""" _ ...... ........ be pormI.od 10 lrans/. 10 _ counIry 01 origin ....... qalool.!""""'1on 01_ ownIngt.

The _ora "'_10 In ... 10NgCIIng _apho .... be ~Iy ""ocIod AI !he oIIIcIoI __ .... ",0_111 on !he dol. 0I''''1f.

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6BIlld.U.

lonlllDln. gu,ran',,1

In Ihe even1 Ihal Ut8 regulalbns or one Conracting partv conaaJn • guarantee 'or InV'estmlfll. modo obrood. U .. guar.nt .. may be acca«Iod. 011., .xamInklg caN. by case. 10 Invoslmonlc "1Ode by 00I1onaIc or ~ oIlhls Porlyon ihelanlary or In U .. "", .. kill ar •• 0111 .. oIho< PilrIy.

Inveslmanl. made by Mllanals 01 ~ 01 ant' ConImcling POlly on Ih. I .... ary ... k.lhe marilimo are. oIlhe oIho' ConInoc\lng POlly lilly obIak.lh. guarani .. ,oI.,nod 10 ·b. Ih. loregolng paragraph .. ~ • lhey h ... been prallloully a"",ad 10 by Ih. oIh ... Polly.

6IIImE.J

:w1llmtiJt.atJIllllllluJ>.lwa,n · • .D.i~lDDari~IIHlJIj;gDllGllDa..elllr My dIapUI. _"*'lIng Ih.In __ ...J...", boIw_ "'" ConI,odlng Party end ...........

or compIIny oIlh. olher CoIIInoc\lng Pany _ be HlIIod.mIcabIy boI ...... lh.lwo pori'" __

II INa dIapUI. hu noI boen _loci ..... a period 01 abe ..-110 1_ Iha dalo .. """'" • oca.rrod by "'" or oIher 011111 panles 10 the ....,.. . . ..... i be .lOnIlod allhe req ..... oIlhe "ollonol '" .........v porIy 10 lhe dIspUIa afthor 10 : .

• Ih. arbil,allon 01 Ihe Inlomellonal ConIro lor 1110 Selilemonl 01 Inveslrnan\ Dlopo ... ~CSIO). _.locI by Ih. Corwenllon 10' II .. 10111_ 01 d\sp.rI .. In rapocI 01 _onIo occurring beI_ SWI_ 'end I\ICIonob 01 olh. 51 ..... 1gnod In WuhIngIon on MIIit:h 18; 1865 : or 10

- IIlO Inl .... 11onaI Court 01 _rallon of Iholnlornallonal ~ 01 Convnon::o 01 Porlo or 10

- an ad hoc arbirollrllllllOl of II .... .......,.. .... abIIahed In IICCOrdlnco wIIh Ih. __ RUes 0/ the Unlod NaIIOllO CommIasIon on Inl .... llonal Trade law (UNCITRAI.).

ARnPlE'

II ..... CanInICIkIg Pally, u .a _ 01" ~ .--'0'" -.. made on lhe I""""" or In Ihe ...... 1mo _ oIlhe oIher Conlradlng ParIy. -.. piymoru 10 8a own nillonala or _' ....... lhe IirII ....... _ Porly hoc In 1Il10 .... , .. rIgIU oI..aog.u.n IIIIh roganf 10 tho righlo end acUono oIth. oaId naUonaI or..,...,.ny.

Tho oaId poymonIa ..... noI aIIocIlhe ~ 01 u.a bIIrlOIIcIoiy of U .. guar.nt .. 10 __ 10 1nI __ Ion -.1000 10 Ihe ............ iii ArUcIo • . ",'10 _ poc:eodinga ..... _

~'1IIon.

. I!'_." ~ 1onMci ..... ~ '!' •. ..--_ of ..... ConlIllOlIng POlly, IIIIh 'eapoc:Ilo ... I\ICIonob or _ ........ of ""' ... ,... IrGoIrMIng 1'8Ity. _ lie ""' ........ _ "..- 10 11 ............... 01 a.Agr ......... by the _ ........ ·aldoomml ...... r"", 1011 .. __ ..... 1&1 "._ IIMIInIbIo ilion ..... of thti:AgrMI_.

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s,itll.mp~1 of dl'pUI" "'W"" I~hdlu . . 1. OIspUl .. reIaIlng 10 Ih. -".'p'oiellon Of appIIcallon 01 U ... Ii_Ill shall be 10I11ed. W

pOo8I>ki.by dIpIomatlo "honnelo. .

2. IIlho dlr;pt40 h .. 1101 been •• UIed wll ••• period 01 six ....... h. lrom Ih. cIal .... which Ih • • ",allef was raised by aIIh., ConIraclb'll PAlly. I may bo ."",lIIled al Ih. roquesl 01 allh .. COIIIracllng Party . n 1o, an AfbfIrai TrbunaL

. 3. Th. cold T,_.h •• be croaled .. 1_ lor aocI, .,..".10 CIIGI : aach CorrlrKllng Party ." ... ..,.,..... ono arbllralor. end Uro lwo orIlIIaIoro 0 ... appoInIed ahol appoU by mill ..... __ a .... 11ona1 01 • third CoUnIry. who shOll be daalgNtled as CI ............ of lb. TrbunaI by. U .. lwo ConIrKtIng . Prut.... 1\11 Ih. .,bI .. _ ,nuoI be oppoInIed wIIhln lwo monIh. lrom Ih • . del. 01 hoIlI1c:aIIon by .... ConIroctk.g Party 10 lho oIho, COIII_k'll Party 01 •• U .. ~lo" 10 aWmlllh. dsagrOenienllo _allon.

. ~. IIlhe periods specIIIed In Parag,aph 3 _ha". not boon 1nOI, ellhOl' ConIrecllng Pa"y, In Ih. lIbnnc:. 01 any oUl8f .","",a .. I, "NIl lu""'e Ih. Secretory OM..,.I or Ih. Unled NaIIDnl OtvantMllon 10 make Ute nec .... ty eppoInIlnenI •. Ir It. Sea"'" G." ••• ts a ,.lIot" of .. her Contr.clng Pady. or • h. Is oIh.,_ pr ... nted lrom dIscllllPlna Ih. &aid I .. retb, Iho Undor.SoctOIo<y ""'" In ........ y 10 Iho Sec:relary Gonens!. who Is hoi • nellonol 01 .11.. ConI,acUr'll Party. Ihal mako Ih. IIOr:HSIIIy appoltMrenIs. .

6. nro 1 ...... 1 .hall reach Is _b .. by a ,najorly 01 vol ... Th ... decldono _ bo tnaI .rr"legaMy bIncIng upon Ih. ConIractlng P .. I ....

. TIre Trl>UnaI Ihal sol •• -. ...... 01 procedUr •. II lhal Intarpnrl Ih. ~ 01 II .. reqrrest 01 oIIh .. ConI,acllng P."y. E.ch ConIracIing iParty ,1101 boar Ihe cosI 01 lis own ......- 01 lho 11_ end 01 Ms reprosenlaUon k. lho orblral proc",.dlngs. Tho coot oIlh. Chalrtnan and lho remaining coo .. oJ ... be borne In equal ,... .. by Iho ConI-'l! P .. I .... Th. 1_ may. however. ~ ••• _ ~lract Ihol a higher propo,lIol1 01 cosio oJ ... be bon .. by _ 011110 lwo ConIr..,ung Pari .... ancIlia a_nf ""I be binding 01' bolh Conlradlt'll Pa~los. .

ARDCLE 12

£D1I:rJn1p rona .,d duYllRo

Eact, Parly .Iwi holly Iho oIher.oI U .. ,...,.- oIlho _uttonal proceduraa nquInrrI concwrnlng Ih. enlry 11110 I .... oIl1a Agr_. wI)IeI, .1101 orCor 11110.'_ orre IlIOIIIh III .. U .. dolo 01

. rec:~ oIlh. r ... 1 nollk:ollon.

TI .. /lgroo",enI _ be In .on:e lor ......... porIod 01 Ian yeara .. II allOI .......... 1_ ·" .... aII .......... 0110 01 lhe Contracting ParIlo. gives .... yoar's wrltl"; notice 0/ larmNIIqn hough ·d\JIornailc chINrets, .

In co .. ollarmh .. 11on 011 ... period 01 voIdIIy 01 Uris Agroornanl. Invest ........ ..-.- • -·,Ir.lorcalh.U coni .... 10 anjoy lire I""'eellon oil. pnjvIaIono lorM eddlltonal period 011-, yean.

,FOr ir1~ Gov.mmant .. filii ~~,,~Ik; 01 Trtnldod and Tobago

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Slurred In p ..... on 0cI0b0r 28, 1m In dI4JIcaIt ...... EngItb ond Fnnch ~ boIh 1_ baing equoIIy authenllc.

For Ih. Government . 01 u,. Aepubllc 0' FranCe

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