
ECT modernisation clears first hurdle
Robert Li
,
Measures to update the Energy Charter Treaty have been approved in principle, paving the way for modernisation of the decades-old framework for investor-state disputes.
Members of the Energy Charter Treaty (ECT) reached an agreement to update the treaty on Friday (24 June), the result of two years’ formal negotiation.
Dating back to December 1994 and coming into legal effect in April 1998, the ECT was intended to encourage fair and open energy cooperation between signatories, notably
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Author(s)
Robert Li
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Achmea ECT energy Energy Charter Treaty European Commission European Union France Germany Italy Japan Legislation update Netherlands Poland renewable energy Slovak Republic v Achmea Spain United Kingdom
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