"The World and Japan" Database (Project Leader: TANAKA Akihiko)
Database of Japanese Politics and International Relations
National Graduate Institute for Policy Studies (GRIPS); Institute for Advanced Studies on Asia (IASA), The University of Tokyo

[Title] Agreed Minutes of the Agreement between Japan and the Democratic Socialist Republic of Sri Lanka Concerning the Promotion and Protection of Investment

[Place] Colombo
[Date] March 01, 1982
[Source] United Nation Treaty Collection
[Notes]
[Full text]

The undersigned wish to record the following understanding which they have reached during the negotiations for the Agreement between Japan and the Democratic Socialist Republic of Sri Lanka concerning the Promotion and Protection of Investment (hereinafter referred to as "the Agreement") signed today:

With reference to the provisions of paragraph 2 of Article 3 of the Agreement, it is confirmed that "business activities" referred to therein of nationals and companies of either Contracting Party include the management, use, enjoyment or disposal of their investment, consisting inter alia of:

(a) The maintenance of branches, agencies, offices, factories and other establishments appropriate to the conduct of business activities;

(b) The control and management of companies which they have established or acquired;

(c) The employment of accountants and other technical experts, executive personnel, attorneys, agents and other specialists;

(d) The making and performance of contracts;

(e) The purchase of raw or auxiliary materials of power or fuel, or of means of production or operation of any kind, including the importation thereof;

(f) The marketing of products, including the exportation thereof; and

(g) The fund raising or the opening of inter-enterprise commercial credit.

Colombo, March 1, 1982

For Japan:

KAZUO CHIBA

For the Democratic Socialist Republic of Sri Lanka:

W. M. P. B. MENIKDIWELA