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US Department of State deepens cooperation with International Energy Charter

The US Department of State has officially designated the Energy Charter Conference as an international organisation, which marks a new qualitative level of cooperation between the US Government and its agencies on one hand, and the International Energy Charter on the other. This allows, inter alia, the US Department of State to second its officials to the Energy Charter Secretariat in Brussels to further strengthen existing ties between the two parties.

The Energy Charter Conference, an inter-governmental organisation, represents the main governing and decision-making body for the Energy Charter Process and was established by the 1994 Energy Charter Treaty. The Energy Charter Treaty is the only multilateral legally-binding framework providing for rules in investment, trade, transit, and energy efficiency in the energy sector on a global scale.

The United States has been an observer to the Energy Charter Conference since the signing of the European Energy Charter in 1991, a political declaration that has stood as the founding pillar of the Energy Charter Process. Since then, the US also signed an updated political declaration, the International Energy Charter, in May 2015 at the International Energy Charter Ministerial Conference in The Hague, the Netherlands.