Energy Charter Treaty

Press release - MEPs consent to the EU withdrawing from the Energy Charter Treaty

Retrieved on: 
Thursday, April 25, 2024
European Parliament, ECT, International trade, Treaty, Multilateralism, Left, Commission, Energy Charter Treaty, European Green Deal, Council, European, Paris Agreement, Movement, Rapporteur, Renewable energy

MEPs consent to the EU withdrawing from the Energy Charter Treaty

Key Points: 
  • MEPs consent to the EU withdrawing from the Energy Charter Treaty
    Parliament’s approval is needed for the EU to exit from the Energy Charter Treaty.
  • The recommendation from the Industry, Research, Energy, and International Trade committees was adopted with 560 votes to 43, with 27 abstentions.
  • The Energy Charter Treaty (ECT), established in 1994 to govern trade and investment in the energy sector, has become controversial.
  • The EU is finally withdrawing from the climate-hostile Energy Charter Treaty.

Highlights - 26/27 April: Support for Ukraine and Moldova, forced labour, WTO, Latin America - Committee on International Trade

Retrieved on: 
Thursday, April 20, 2023
2013 Rana Plaza factory collapse, Energy Charter Treaty, Commission, Energy, Parliament, EU–UK Trade and Cooperation Agreement, Child, IMCO, Annual report, INTA, Conference, EU

Following the vote in INTA, the plenary is expected to vote on these files in May.

Key Points: 
  • Following the vote in INTA, the plenary is expected to vote on these files in May.
  • The INTA Committee will hold, together with IMCO Committee, a first exchange of views on the Commission proposal for a Forced Labour Regulation.
  • INTA Members will also exchange views on the preparations for the 13th WTO Ministerial Conference.
  • In the afternoon of 26 April, a public hearing on EU-Latin America trade relations will take place.

EIGHT YEARS SINCE KAZAKHSTAN ORDERED TO PAY TRISTANGATE AWARD

Retrieved on: 
Monday, December 20, 2021
Republic, Justice, History, Energy Charter Treaty, Ministry of Justice, ECT, Investment, Award, Energy, Ministry, Freezing, News

The tribunal noted that these measures included false accusations of illegal conduct, fabricated criminal prosecutions, unwarranted tax assessments, and criminal penalties.

Key Points: 
  • The tribunal noted that these measures included false accusations of illegal conduct, fabricated criminal prosecutions, unwarranted tax assessments, and criminal penalties.
  • Eight years later, Kazakhstan's Ministry of Justice is still obstructing payment of this final, binding and non-appealable Award.
  • The Tristangate Award has been recognized in multiple jurisdictions, including the US, Sweden, Luxembourg, Italy, France, and the Netherlands.
  • For a history of the Tristangate dispute and an archive of all related court documents and news articles, please visit www.tristangate.com .

Greenberg Traurig Strengthens International Arbitration Group in Europe with Robert Whitener from Freshfields

Retrieved on: 
Thursday, September 2, 2021
Energy Charter Treaty, Freshfields Bruckhaus Deringer, Carbon, Energy, Humboldt University of Berlin, Health, England and Wales, GT, Chairperson, LLP, Aviation, City, International arbitration, Public Citizen Litigation Group, Practice of law

NEW YORK, Sept. 2, 2021 /PRNewswire-PRWeb/ --Global law firm Greenberg Traurig strengthens its International Arbitration and Litigation Group in Europe with the addition of Robert Whitener as a shareholder in Berlin .

Key Points: 
  • NEW YORK, Sept. 2, 2021 /PRNewswire-PRWeb/ --Global law firm Greenberg Traurig strengthens its International Arbitration and Litigation Group in Europe with the addition of Robert Whitener as a shareholder in Berlin .
  • Peter Schorling , Managing Shareholder of Greenberg Traurig Germany, explains: "With Robert Whitener, we have been able to win a proven expert in international arbitration.
  • "We are very happy to add Robert to our international arbitration team in Europe," compliments Lori G. Cohen , Vice Chair of Greenberg Traurig and Co-Chair of the firm's Global Litigation Practice.
  • Robert Whitener comments on his move: "I am thrilled to be joining a global firm of the calibre of Greenberg Traurig.

 Kazakhstan Responds to Stati “Notice of Dispute”

Retrieved on: 
Thursday, August 19, 2021
Energy, Legal, Professional Services, Oil, Gas, Weapon, King & Spalding, Fraud, Justice, Anatol Stati, Energy Charter Treaty, PricewaterhouseCoopers, Government, Ministry of Justice (Uzbekistan), PWC, Republic, Ministry, Energy, High Court of Justice, Mission statement, Letter, Award, Practice of law

On Monday 16th August 2021, the Ministry of Justice of the Republic of Kazakhstan responded to a notice of dispute issued by King & Spalding LLP, the legal counsel of the Stati family.

Key Points: 
  • On Monday 16th August 2021, the Ministry of Justice of the Republic of Kazakhstan responded to a notice of dispute issued by King & Spalding LLP, the legal counsel of the Stati family.
  • For this reason, the notice by the Statis cannot be considered an honest attempt to settle a dispute and is rather designed to mislead the public and their partners.
  • Kazakhstan would welcome and strongly encourages the initiation of a new arbitration procedure.
  • The Republic of Kazakhstan is steadfast in its resolve and will not be influenced by the Statis propaganda and black PR campaign.

Dutch Appellate Court Grants Recognition of US$543 Million Arbitration Award in Favor of Moldovan Investors

Retrieved on: 
Tuesday, July 14, 2020
Law by country, Countries, Politics by country, Eurasian Steppe, KAZAKHSTAN, Republics, Energy Charter Treaty, R (Miller) v Secretary of State for Exiting the European Union

Following almost three years of proceedings,the Dutch court in its detailed and well-reasoned ruling handed down on July14, 2020conclusively and comprehensively rejected all of Kazakhstan's objections.

Key Points: 
  • Following almost three years of proceedings,the Dutch court in its detailed and well-reasoned ruling handed down on July14, 2020conclusively and comprehensively rejected all of Kazakhstan's objections.
  • The Dutch court ruling is the latest development in the Stati parties' long-running battle to enforce the award for Kazakhstan's violations of the investor protection provisions of the Energy Charter Treaty.
  • The award has since been fully upheld by two tiers of the Swedish judiciary, including the Swedish Supreme Court.
  • The Stati parties acquired two companies in 1999 that held idle licenses in the Borankol and Tolkyn fields in Kazakhstan.

Dutch Appellate Court Grants Recognition of US$543 Million Arbitration Award in Favor of Moldovan Investors

Retrieved on: 
Tuesday, July 14, 2020
Law by country, Countries, Politics by country, Eurasian Steppe, KAZAKHSTAN, Republics, Energy Charter Treaty, R (Miller) v Secretary of State for Exiting the European Union

Following almost three years of proceedings,the Dutch court in its detailed and well-reasoned ruling handed down on July14, 2020conclusively and comprehensively rejected all of Kazakhstan's objections.

Key Points: 
  • Following almost three years of proceedings,the Dutch court in its detailed and well-reasoned ruling handed down on July14, 2020conclusively and comprehensively rejected all of Kazakhstan's objections.
  • The Dutch court ruling is the latest development in the Stati parties' long-running battle to enforce the award for Kazakhstan's violations of the investor protection provisions of the Energy Charter Treaty.
  • The award has since been fully upheld by two tiers of the Swedish judiciary, including the Swedish Supreme Court.
  • The Stati parties acquired two companies in 1999 that held idle licenses in the Borankol and Tolkyn fields in Kazakhstan.