Energy Charter Treaty

(asked on 4th July 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the potential impact to the public purse of the sunset clause in the Energy Charter Treaty.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 12th July 2023

The Energy Charter Treaty (ECT) sunset clause applies if Contracting Parties withdraw from the treaty. It extends investment protection under the ECT in respect of investments made before withdrawal and in scope of the ECT for a further 20 years after withdrawal from the treaty.

The UK has been a strong advocate for modernising the Energy Charter Treaty. Since the decision to adopt the modernised Treaty has been postponed, the Government has assessed the evolving situation and we will keep the House informed of developments as soon as we are able to.

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