Saying goodbye to the ECT

31 May 2024 / Álvaro Nistal , Timothy C Smyth

Issue: 8073 / Categories: Features , Procedure & practice , Environment , EU

The UK’s exit from the Energy Charter Treaty is the latest development in the much-troubled project to modernise the treaty, say Álvaro Nistal & Tim Smyth

Considers the implications of the UK’s departure from the Energy Charter Treaty (ECT).
After the recent withdrawal of states such as France, Germany, Italy, Poland and Russia, currently there are 50 contracting parties to the ECT.

The UK government announced its intention to withdraw from the Energy Charter Treaty (ECT) on 24 February 2024. The ECT is the only binding, multilateral agreement that deals specifically with trade and foreign investment in the energy sector. It covers all types of energy and the whole energy value chain, including investment, production, transmission, distribution, supply, and consumption by end users.

The ECT was concluded in 1994, following the dissolution of the Soviet Union. At the time, Western states wished to invest in the energy sectors of Eastern Europe and Central Asia, but were concerned about the legal protection of their future investments.

If you are not a subscriber, subscribe now to read this content

If you are already a subscriber sign in

...or Register for two weeks' free access to subscriber content

Saying goodbye to the ECT

The UK’s exit from the Energy Charter Treaty is the latest development in the much-troubled project to modernise the treaty, say Álvaro Nistal & Tim Smyth

Considers the implications of the UK’s departure from the Energy Charter Treaty (ECT).
After the recent withdrawal of states such as France, Germany, Italy, Poland and Russia, currently there are 50 contracting parties to the ECT.

If you are not a subscriber, subscribe now to read this content

If you are already a subscriber sign in

...or Register for two weeks' free access to subscriber content

SourceURL:

Links:

E-newsletter Sign-Up

MOVERS & SHAKERS

Read All

DWF—19 appointments

Belfast team bolstered by three senior hires and 16 further appointments

Cadwalader—Andro Atlaga

Firm strengthens leveraged finance team with London partner hire

Knights—Ella Dodgson & Rebecca Laffan

Double hire marks launch of family team in Leeds

NEWS

Read All

NLJ this week: DNA evidence—justice on ice?

In this week's NLJ, Steven Ball of Red Lion Chambers unpacks how advances in forensic science finally unmasked Ryland Headley, jailed in 2025 for the 1967 rape and murder of 75-year-old Louisa Dunne. Preserved swabs and palm prints lay dormant for decades until DNA-17 profiling produced a billion-to-one match

NLJ this week: Fraud claims climb as courts brace for AI threats

Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes

NLJ this week: Pro bono power without the red tape

Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ

NLJ this week: Trans pool player loses discrimination fight

Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ

NLJ this week: Traders’ convictions quashed in Libor shock

The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement

Error message

Saying goodbye to the ECT

MOVERS & SHAKERS

DWF—19 appointments

Cadwalader—Andro Atlaga

Knights—Ella Dodgson & Rebecca Laffan