Armenia - Japan BIT (2018)
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Description: Japan reserves the right to adopt or maintain any measure with respect to investment in airports or airport operation services.

For the purposes of this entry, the term "airport operation services" means the supply of air terminal, airfield and other airport infrastructure operation services on a fee or contract basis. Airport operation services do not include air navigation services.

Existing Measures:

Schedule of the Republic of Armenia

1.

Sector: Transportation and Storage Facilities

Sub-Sector: Air Transport Activities

Industry Classification: Classification of Economic Activity HD-011-2013 51- Air Transport Activities

Obligations Concerned: National Treatment (Article 2) Most-Favoured-Nation Treatment (Article 3) Prohibition of Performance Requirements (Article 6)

Description: The Republic of Armenia reserves the right to adopt or maintain any measure with respect to investment in airports or airport operation services in accordance with its laws and regulations, provided that such measure shall conform with Article 3, except for measure that accords differential treatment to investors of the countries which are parties to the Treaty on the Eurasian Economic Union.

For the purposes of this entry, the term "airport operation services" means the supply of air terminal, airfield and other airport infrastructure operation services on a fee or contract basis. Airport operation services do not include air navigation services.

Existing Measures:

2.

Sector: Postal Services

Sub-Sector:

Industry Classification:

Obligations Concerned: National Treatment (Article 2) Most-Favoured-Nation Treatment (Article 3) Prohibition of Performance Requirements (Article 6)

Description: The Republic of Armenia reserves the right to adopt or maintain any measure relating to investment in postal services in accordance with its laws and regulations, provided that such measure shall conform with Article 3, except for measure that accords differential treatment to investors of the countries which are parties to the Treaty on the Eurasian Economic Union.

Existing Measures:

3.

Sector: Fisheries

Sub-Sector: Fisheries in the Internal Waters

Industry Classification:

Obligations Concerned: National Treatment (Article 2) Most-Favoured-Nation Treatment (Article 3) Prohibition of Performance Requirements (Article 6)

Description: The Republic of Armenia reserves the right to adopt or maintain any measure relating to investment in fisheries in the internal waters of the Republic of Armenia in accordance with its laws and regulations, provided that such measure shall conform with Article 3, except for measure that accords differential treatment to investors of the countries which are parties to the Treaty on the Eurasian Economic Union.

For the purposes of this entry, the term "fisheries" means the work of taking and cultivation of aquatic resources, including the following fisheries related activities:

(a) investigation of aquatic resources without taking such resources;

(b) luring of aquatic resources;

(c) preservation and processing of fish catches;

(d) transportation of fish catches and fish products; and

(e) provision of supplies to other vessels used for fisheries.

Existing Measures:

4.

Sector: Arms and Explosives Industry Arms Industry

Sub-Sector: Explosives Manufacturing Industry

Industry Classification:

Obligations Concerned: National Treatment (Article 2) Most-Favoured-Nation Treatment (Article 3) Prohibition of Performance Requirements (Article 6)

Description: The Republic of Armenia reserves the right to adopt or maintain any measure relating to investment in the arms industry and explosives manufacturing industry in accordance with its laws and regulations, provided that such measure shall conform with Article 3, except for measure that accords differential treatment to investors of the countries which are parties to the Treaty on the Eurasian Economic Union.

Existing Measures:

5.

Sector: Public Law Enforcement and Correctional Services and Social Services

Sub-Sector:

Industry Classification:

Obligations Concerned: National Treatment (Article 2) Most-Favoured-Nation Treatment (Article 3) Prohibition of Performance Requirements (Article 6)

Description: The Republic of Armenia reserves the right to adopt or maintain any measure relating to investment in public law enforcement and correctional services, and in social services except for social welfare, primary and secondary education, public training, health and child care, in accordance with its laws and regulations, provided that such measure shall conform with Article 3, except for measure that accords differential treatment to investors of the countries which are parties to the Treaty on the Eurasian Economic Union.

Existing Measures:

6.

Sector: Energy Electricity Utility Industry

Sub-Sector: Gas Utility Industry

Industry Classification:

Obligations Concerned: National Treatment (Article 2) Most-Favoured-Nation Treatment (Article 3) Prohibition of Performance Requirements (Article 6)

Description: The Republic of Armenia reserves the right to adopt or maintain any measure relating to investment in energy industry listed in the "Sub- Sector" element, in accordance with its laws and regulations, provided that such measure shall conform with Article 3, except for measure that accords differential treatment to investors of the countries which are parties to the Treaty on the Eurasian Economic Union.

Existing Measures:

7.

Sector: Financial and Insurance Activities

Sub-Sector:

Industry Classification:

Obligations Concerned: Most-Favoured-Nation Treatment (Article 3)

Description:

Existing Measures: With regard to investment in financial services, the Republic of Armenia reserves the right to adopt or maintain any measure that accords differential treatment to countries in the economic unions to which the Republic of Armenia is also a party. For the purpose of this entry, the term "financial services" means insurance and insurance-related services as well as banking and other financial services.

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  • Chapter   I INVESTMENT 1
  • Article   1 Definitions 1
  • Article   2 National Treatment 1
  • Article   3 Most-Favoured-Nation Treatment 1
  • Article   4 General Treatment 1
  • Article   5 Access to the Courts 1
  • Article   6 Prohibition of Performance Requirements 1
  • Article   7 Non-Conforming Measures 1
  • Article   8 Transparency 1
  • Article   9 Public Comment Procedures 1
  • Article   10 Measures Against Corruption 1
  • Article   11 Entry, Sojourn and Residence of Investors 1
  • Article   12 Expropriation and Compensation 1
  • Article   13 Protection from Strife 1
  • Article   14 Subrogation 1
  • Article   15 Transfers 1
  • Article   16 General and Security Exceptions 2
  • Article   17 Temporary Safeguard Measures 2
  • Article   18 Prudential Measures 2
  • Article   19 Intellectual Property Rights 2
  • Article   20 Taxation Measures 2
  • Article   21 Health, Safety and Environmental Measures and Labour Standards 2
  • Article   22 Denial of Benefits 2
  • Chapter   II DISPUTE SETTLEMENT 2
  • Article   23 Settlement of Dispute between the Contracting Parties 2
  • Article   24 Settlement of Investment Disputes between a Contracting Party and an Investor of the other Contracting Party 2
  • Article   25 Service of Documents 2
  • Chapter   III JOINT COMMITTEE 2
  • Article   26 Joint Committee 2
  • Chapter   IV FINAL PROVISIONS 2
  • Article   27 Headings 2
  • Article   28 Amendments 2
  • Article   29 Final Provisions 2
  • Annex I  Existing Non-Conforming Measures referred to in subparagraph 1(a) of Article 7 3
  • Schedule of Japan 3
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  • Schedule of the Republic of Armenia 4
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  • Annex II  Non-Conforming Measures referred to in paragraph 2 of Article 7 5
  • Schedule of Japan 5
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  • Schedule of the Republic of Armenia 6
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