{"id":9638,"date":"2024-07-02T22:54:55","date_gmt":"2024-07-02T20:54:55","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=9638"},"modified":"2025-01-30T14:47:05","modified_gmt":"2025-01-30T13:47:05","slug":"eu-withdrawal-from-ect","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2024\/07\/02\/eu-withdrawal-from-ect\/","title":{"rendered":"EU withdrawal from ECT EU withdrawal from ECT EU withdrawal from ECT EU withdrawal from ECT"},"content":{"rendered":"<p>On May 30, 2024, the Council of the European Union adopted <a href=\"https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2024\/05\/30\/energy-charter-treaty-council-gives-final-green-light-to-eu-s-withdrawal\/\">a set of decisions<\/a> greenlighting the withdrawal of the <span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span> and Euratom from the <span class='tooltipsall tooltipsincontent classtoolTips67'>ECT<\/span>. The step follows several months of intense negotiations among the EU member states and marks a significant shift for European and global investment policy, as the ECT is the investment treaty that has generated the highest number of investment arbitrations. An open question is whether the EU and its member states will conclude a so-called <em>inter se <\/em>agreement to address the ECT\u2019s sunset clause, according to which investments made prior to the withdrawal continue to benefit from the treaty for a period of 20 years.<!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips114','Sistema de Tribunales de Inversiones'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p>On May 30, 2024, the Council of the European Union adopted a set of decisions greenlighting the withdrawal of the <span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span> and Euratom from the <span class='tooltipsall tooltipsincontent classtoolTips67'>ECT<\/span>. The step follows several [&hellip;]<script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><\/p>\n","protected":false},"author":30,"featured_media":15873,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[397],"tags":[],"class_list":["post-9638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/9638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=9638"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/9638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15873"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=9638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=9638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=9638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}