Although leaving the Energy Charter Treaty is not easy, the overarching political trend in Europe of seeking to get rid of the ECT one way or another will probably be achieved sooner or later. This is how it could happen.
Energy Charter Treaty
Energy Charter Treaty: MEP resolution calls for withdrawal
The European Parliament on the Energy Chater Treaty adopted a resolution that mustered 303 votes in favour. The text, among others, encourages the European Union to withdraw fully from the international agreement.
ECT: members eye spring 2023 meeting to adopt modernised rules
The more than fifty parties to the Energy Charter Treaty convened for an annual ministerial conference today that turned out to be low-key because the European Union requested that the main item on the agenda for that day be dropped: the adoption of modernised rules for the 1990s Eurasian energy investment …
Week Ahead: No ECT overhaul, FAC Trade, GCC
Preview of the trade week ahead by Rob Francis and Iana Dreyer.
Energy Charter Treaty: Preserving a forum for energy transition diplomacy
The main arguments against the recently renegotiated Energy Charter Treaty don’t stand up to scrutiny. Pulling out of the treaty as some countries have announced will not foster much-needed investments in renewable energies. Only a predictable investment framework will. By Urban Rusnák.
Comment: Possible scenarios for the Energy Charter Treaty
The EU’s attempt at renegotiating the 1990s Energy Charter Treaty is in major trouble. After a heated exchange of views between the European Commission and members of the European Parliament in committee on Monday (24 October) it is becoming clear that the risk is high that the draft deal that …
Energy Charter Treaty: Withdrawing is worse than signing up to reformed deal
Poland, Spain and The Netherlands announced their intention to withdraw from the Energy Charter Treaty. The real reason for these announcements is a wish to escape recent investor-state arbitration awards. Withdrawing from the treaty would still mean that member states are liable to investor-state dispute cases for twenty years. Agreeing …
Commission prepares ground for ECT reform deal with intra-EU termination deal
The European Commission is preparing the paperwork to allow the EU to sign off on an agreement in principle on a renegotiated Energy Charter Treaty next month. Among these documents is an internal understanding among member states that investor-state arbitration based on the ECT among EU countries is no longer …
Comment: Will successful revision talks save the Energy Charter Treaty ?
EU member states are starting internal deliberations on the recently renegotiated Energy Charter Treaty in council. Nikos Lavranos offers his assessment of the draft text and of what the revision heralds for the future of the agreement.
Comment: How the EU disconnected itself from the Energy Charter Treaty
Last Friday Energy Charter Treaty diplomats endorsed changes to the agreement after more than two years of ’modernisation’ negotiations. Although the new text has not yet been published, a summary communication released by the ECT secretariat indicates that there will be significant changes. This effectively foreshadows a gradual ‘withdrawal’ of …
