Skip to main content

Energy Charter Conference adopts the Bucharest Declaration

The Energy Charter Conference adopted the Bucharest Declaration at its 29th Meeting held on 27-28 November 2018 under the chairmanship of Romania. The Conference was attended by delegates from over 50 countries and delegations from different regions of the world. The Bucharest Energy Charter Declaration will serve as a strategic document leading up to the next review which will be undertaken in 2019, in accordance with Article 34(7) of the Energy Charter Treaty

The Declaration reiterates the commitments to the Energy Charter Treaty as well as the principles of the 2015 International Energy Charter, and focuses on the following topics:

  • Modernisation of the Energy Charter Treaty,
  • Mitigating investment risks by assessing the policy, legal and regulatory environment
  • Combating Energy Poverty by encouraging investments in energy efficiency
  • Increasing energy security by developing international cooperation and innovation aimed to ensure the development of integrated energy markets
  • Improving the security and reliability of cross-border energy flows
  • Enlargement of the Energy Charter Treaty membership

Bucharest Energy Charter Declaration - English

Bucharest Energy Charter Declaration - Russian