ARTICLE 8
INVESTOR RESPONSIBILITY
Investors and their investments shall abide by the laws, regulations, administrative
guidelines and policies of the Host State for the full life cycle of those investments.
ARTICLE 9
SOURCING OF REQUISITE SKILLS
State Parties shall, subject to their national laws and regulations, permit investors to
engage key personnel and other necessary human resources of their choice,
regardless of nationality under the following circumstances:
(a)
where the skills do not exist in the Host State and the Region;
(b)
where State Parties are satisfied that the sourcing of such skills will be in
compliance with regional policies; and
(c)
where such sourcing would enhance the development of local capacity
through skills transfer.
ARTICLE 10
OPTIMAL USE OF NATURAL RESOURCES
State Parties shall promote the use of their natural resources in a sustainable and an
environmentally friendly manner.
ARTICLE 11
DOMESTIC HEALTH, SAFETY AND. ENVIRONMENTAL MEASURES
State Parties recognise that it is inappropriate to encourage investment by relaxing
domestic health, safety and environmental measures and agree not to waive or
otherwise derogate from, international treaties they have ratified, or offer to waive or
otherwise derogate from, such measures as an encouragement for the
establishment, acquisition, expansion or retention in their territories, of an
investment.
ARTICLE 12
RIGHT OF A STATE PARTY TO REGULATE
1.
In accordance with customary international law and other general principles of
international law, the Host State has the right to take regulatory or other
measures to ensure that development in its territory is consistent with the
goals and principles of sustainable development, and with other legitimate
social""and economic policy objectives.
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