modernization program to bring to bear upon the Agreement.   Institution building During the pendency of the treaty reform initiative, the OIC established a new OIC Arbitration Centre in Istanbul,…

…Paris CoA decided to refer three questions to the CJEU regarding the disputed interpretation of “investment” under the ECT for a preliminary ruling. Considering that the ECT was entered into…

…relationship. Accordingly, it concluded that neither the ICSID arbitration proceedings commenced by Uniper and RWE based on Art. 26 ECT nor any other arbitration proceedings between the parties were admissible….

ECT Modernization and the Energy Transition in the Western Balkans: What Lies Ahead? sought to put into perspective the implications of the energy transition process on the ECT backlash and…

…2023. The Blog covered the ECT Modernization process since its inception, and in 2022 we covered various different perspectives on ECT modernization, with some commentators supporting the modernized treaty (see,…

…Safeguard Space for Climate Change Policies Developments in the modernization process of the Energy Charter Treaty (ECT) – discussed here and here – also demonstrate that climate change is now…

…means to express consent, in practice, has been through BITs, or multilateral treaties such as the Energy Charter Treaty (ECT). Unlike national legislations where an offer to arbitration is given…

…law.   ECT Modernization Process While the ECT modernization process discussions started in 2017, the first negotiation only started until 2020. The ECT Reform negotiations ended in June 2022. Mr….