Page 367 - Regional Comprehensive Economic Partnership (RCEP)

(b) simplifying its procedures for investment applications and (a) the settlement of investment disputes between a Party and
approvals; an investor of another Party; and

(c) promoting the dissemination of investment information, (b) the application of Article 10.13 (Expropriation) to taxation
including investment rules, laws, regulations, policies, and measures that constitute expropriation,
procedures; and
no later than two years after the date of entry into force of this
(d) establishing or maintaining contact points, one-stop Agreement, the outcomes of which are subject to agreement by
investment centres, focal points, or other entities in the all Parties.
respective Party to provide assistance and advisory
services to investors, including the facilitation of operating 2. The Parties shall conclude the discussions referred to in
licences and permits. paragraph 1 within three years from the date of commencement
of the discussions.
2. Subject to its laws and regulations, a Party’s activities under
subparagraph 1(d) may include, to the extent possible, assisting
investors of any other Party and covered investments to amicably
resolve complaints or grievances with government bodies which
have arisen during their investment activities by:

(a) receiving and, where appropriate, considering referring or
giving due consideration to complaints raised by investors
relating to government activities impacting their covered
investment; and

(b) providing assistance, to the extent possible, in resolving
difficulties experienced by the investors in relation to their
covered investments.

3. Subject to its laws and regulations, each Party may, to the extent
possible, consider establishing mechanisms to make
recommendations to its relevant government bodies addressing
recurrent issues affecting investors of another Party.

4. The Parties shall endeavour to facilitate meetings between their
respective competent authorities aimed at exchanging knowledge
and approaches to better facilitate investment.

5. Nothing in this Article shall be subject to, or otherwise affect, any
dispute resolution proceedings under this Agreement.

Article 10.18: Work Programme

1. The Parties shall, without prejudice to their respective positions,
enter into discussions on:

10-20 10-21