2 The Parties reserve the right to condition the granting or continued receipt

2 the parties reserve the right to condition the

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2. The Parties reserve the right to condition the granting or continued receipt of advantages on compliance with requirements to locate production, provide a service, train or employ workers, construct or expand particular facilities, or carry out research and development, in their territory. 20 This provision is qualified by an MFN reservation taken by both Parties reserving the right to maintain or adopt any measures that accord differential treatment to countries under any agreement in force or signed prior to the date of entry into force of the Agreement; and with regard to any bilateral or multilateral international agreements in force or signed after the date of entry into force of the PSFTA in selected sectors.
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WT/REG227/1 Page 18 3.Article 9.9 contains a general prohibition on restrictions concerning the nationality ofindividuals appointed to senior management positions. However, a Party may require that a majorityof the board of directors be of a particular nationality or have residency in the territory of the Party,provided that the requirement does not materially impair the ability of the investor to exercise controlover its investment.E.MOVEMENTOFNATURALPERSONS
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