TNPSC Thervupettagam

Withdrawal from the Energy Charter Treaty

April 3 , 2024 264 days 416 0
  • The Government of the United Kingdom (UK) announced that it would withdraw from the Energy Charter Treaty (ECT).
  • The ECT is a multilateral treaty which seeks to promote international investment in the energy sector. 
  • It provides protection for the investments of investors in the energy sector from State conduct that breaches its terms. 
  • More than 50 states are contracting parties to the ECT. 
  • The UK will become the 11th Contracting Party to announce its intention to withdraw from the ECT in recent years.
  • France, Germany, and Poland’s withdrawal from the ECT became effective at the end of 2023.

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