Americans tend to be more litigious, and NAFTA is even more clear than the Chinese agreement [1], mentioning establishment and acquisition of investments.
1. Each Party shall accord to investors of another Party treatment no less favorable than that it accords, in like circumstances, to its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.
2. Each Party shall accord to investments of investors of another Party treatment no less favorable than that it accords, in like circumstances, to investments of its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.
Canada has carved out some exemptions, specifically around ocean front property [2], probably intended for the control of ports.
Comments
Americans tend to be more litigious, and NAFTA is even more clear than the Chinese agreement [1], mentioning establishment and acquisition of investments.
1. Each Party shall accord to investors of another Party treatment no less favorable than that it accords, in like circumstances, to its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.
2. Each Party shall accord to investments of investors of another Party treatment no less favorable than that it accords, in like circumstances, to investments of its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.
Canada has carved out some exemptions, specifically around ocean front property [2], probably intended for the control of ports.
[1] http://www.international.gc.ca/trade-agreements-accords-comm...
[2] http://www.sice.oas.org/trade/nafta/anx2cda.asp