Page:United States Statutes at Large Volume 115 Part 3.djvu/722

 115 STAT. 2796 PROCLAMATION 7449-JUNE 8, 2001 The Honorable Vu Kiioan Page 3 of4 (e) Except as otherwise provided in paragraph 1(a) of this letter, a license shall not be denied or subjected toconditions for the purpose of (a) compelling a national or company of the United States to select a particular local partner or to locate production or other facilities in a particular location; or (b) discouraging or prohibiting investment in any particular sector. Within 6 years of the entry into force of the Agreement, the licensingrequirements and procedures for investment in the sectors not set forth in paragraph I and which are not yet subject to the registration regime, shall: (a) be applied on the basis of treatment no less favorable than that accorded to nationals and companies of Viettuun; and (b) in any case be consistent with the provisions of the paragraph 3. The registration regime for investment licensing in the sectors set forth in paragraph 2 shall be provided for as follows: (b) The registration procedure shall require only the provision ofbasic information coiKcming the investor and proposed investment. (c) Such registration shall be promptly approved and issued without the attachment of any conditions except as otherwise provided in Annex H and this letter. (c) The national or company of the United Stales shall, except as otherwise provided in Annex H and this letter, be allowed to choose its local partner (if any), the location of its investment, the form of investment, the apportionment of their investment and to decide all matters relating to the operation of such investment, consistent with generally applicable Vietnamese laws and regulations. (d) In no case shall the registration regime be applied on a basis less favorable than that accorded to nationals and companieg of Vietnam or of any third country. fc^.

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