"MIGA" means the Multilateral Investment Guarantee Agency; "MIGA Convention" means the Convention Establishing the Multilateral Investment Guarantee Agency "New York Convention" means the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards; "person" means a natural person or a company; "PPP" means Public Private Partnership; "returns" means the amounts yielded by an investment and in particular, though not exclusively, includes profits, interest, capital gains, dividends, royalties and fees; "SMME" means Small Micro and Medium Enterprises, as defined by each State Party in its relevant legislation as qualifying for such status; "State entity" means, any agency, department or instrumentality of the Government of a State Party and any corporation, juristic person, institution, undertaking or entity which is directly or indirectly owned or controlled by that State Party, which are engaged in activities of a commercial nature; "territory" means, in relation to a State Party, the total land area of that State Party and, in relation to a coastal State Party, includes, in addition, the territorial sea and any maritime area situated beyond the territorial sea of that coastal State Party which has been, or might in the future be, designated under the national law of that coastal State Party, in accordance with international law, as an area within which that coastal state Party may exercise rights with regard to the sea-bed, subsoil and natural resources; "third State" means any state that is not a State Party; and "UNCITRAL Arbitration Rules" means the arbitration rules of the United Nations Commission on International Trade Law. ARTICLE 2 PROMOTION AND ADMISSION OF INVESTMENTS 1. Each state Party shall promote investments in its territory, and admit such investments in accordance with its laws and regulations. 2. The Host State shall facilitate and create favourable conditions to attract investments in its territory through suitable administrative measures and 29

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