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Energy Charter Treaty: Commission asks for mandate to negotiate modernisation of investment provisions

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The Commission adopted today a draft mandate to engage -- on behalf of the European Union in the negotiations to modernise the Energy Charter Treaty (ECT) -- a plurilateral trade and investment agreement applicable to the energy sector to which the EU is part. These negotiations aim to revise the provisions of the Treaty in a way to reflect the EU’s reformed approach on investment protection and achieve greater legal certainty and clarity of the rules applicable to the protection of investments. 


Among other elements, the Commission recommends the inclusion of stronger provisions on sustainable development, climate change and clean energy transition.


As part of its commitment to transparency, the Commission is publishing its draft proposal at the same time it is being submitted to EU Member States for adoption.


For more information, see a news itemCommission’s proposal and other resources on EU modern investment protection approach.