Cuatrecasas, Gonçalves Pereira SLP

07/18/2024 | Press release | Distributed by Public on 07/18/2024 08:59

The EU and Euratom withdraw from the Energy Charter Treaty

2024-07-18T16:41:00
Other countriesEuropean Union

In addition, they deny the application of its advantages to investors from Russia and Belarus

Despite the withdrawal, the Energy Charter Treaty will continue to protect existing investments in the energy sector at the time of withdrawal until june 2045.

The denial of benefits falls within the restrictive measures adopted by the EU and Euratom over the war of aggression of Russia against Ukraine.