(1) Neither Contracting Bash shall in its territory matter investments or returns of investors of one other Contracting Occasion to procedure significantly less favourable than that which it accords to investments or returns of investors of any 3rd State. The hostility with the Russian Governing administration toward Yukos was manifest, and the

4. The difficulty if the actions of Respondent ought to be considered as expropriations under the British isles-Soviet BIT is transferred on the merits phase of this arbitration. 7. When Claimant ordered its Yukos shares, it absolutely was far from sure that the corporate’s difficulties would establish to get anything at all other than non per