Keywords :
Investment, Autonomy, Energy, Energy Charter Treaty, Plurilateralism, Dispute Settlement, Mixed Agreements, EU competences
Abstract :
[en] The European Union's approach to the Energy Charter Treaty (ECT) modernization and withdrawal process reflects a complex interplay of sustainability goals, investment protection, and constitutional constraints. Initially, the EU aimed to approve the modernized ECT before withdrawing to benefit from a shortened sunset clause and non-application of investor-state dispute settlement within the Union. However, lacking approval, the EU has pivoted to promoting its sustainability standards in bilateral or multilateral contexts and decided to withdraw from the ECT, together with an important number of Member States. The EU's strategy involves requiring the remaining Member States to vote for ECT modernization. This approach allows the EU to advance its interests and balance sustainability objectives with investment protection, benefiting both EU and non-EU parties. Despite complexities in reconciling the ECT with EU law, the EU's constitutional imperatives deriving from the intra-EU division of competences, which initially hindered ECT modernization adoption and coordinated withdrawal, now serve for restoring the plurilateral dynamic in the promotion of the Union's environmental standards in the ECT.
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