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Energy Charter Conference Gives Green Light for Negotiations on Modernisation of the ECT

On 6 November 2019, the highest decision-making body of the International Energy Charter – the Energy Charter Conference (the Conference) – approved mandate, procedural issues and timeline for negotiations on modernisation of the Energy Charter Treaty (the ECT). 

According to the Decision, the Conference establishes and mandates the Modernisation Group to start negotiations on the modernisation of the Energy Charter Treaty, with a view to conclude negotiations expeditiously. The negotiations will take into account the identified list of topics (CCDEC2018 18) and suggested policy options (CCDEC2019 08) and will follow the procedure and timeline attached to the Conference decision

It is expected that the first meeting of Modernisation Group will take place already on 12 December 2019 in Tirana, Albania, following the 30th Meeting of the Energy Charter Conference.