Search results for: “european energy charter 5”

European Energy Charter   ARTICLE 2 PURPOSE OF THE TREATY This Treaty establishes a legal framework in order to promote long-term cooperation in the energy field, based on complementarities and mutual benefits, in accordance with the objectives and principles of the Charter. PART II COMMERCE ARTICLE 3 INTERNATIONAL MARKETS The Contracting Parties shall work to…

European Energy Charter   ARTICLE 42 AMENDMENTS (1) Any Contracting Party may propose amendments to this Treaty. (2) The text of any proposed amendment to this Treaty shall be communicated to the Contracting Parties by the Secretariat at least three months before the date on which it is proposed for adoption by the Charter Conference.…

European Energy Charter   ARTICLE 35 SECRETARIAT (1) In carrying out its duties, the Charter Conference shall have a Secretariat which shall be composed of a Secretary-General and such staff as are the minimum consistent with efficient performance. (2) The Secretary-General shall be appointed by the Charter Conference. The first such appointment shall be for…

European Energy Charter   ARTICLE 31 ENERGY-RELATED EQUIPMENT The provisional Charter Conference shall at its first meeting commence examination of the inclusion of energy-related equipment in the trade provisions of this Treaty. ARTICLE 32 TRANSITIONAL ARRANGEMENTS (1) In recognition of the need for time to adapt to the requirements of a market economy, a Contracting…

European Energy Charter   ARTICLE 27 Settlement of Disputes BETWEEN CONTRACTING PARTIES (1) Contracting Parties shall endeavour to settle disputes concerning the application or interpretation of this Treaty through diplomatic channels. (2) If a dispute has not been settled in accordance with paragraph (1) within a reasonable period of time, either party thereto may, except…

European Energy Charter   ARTICLE 24 EXCEPTIONS (1) This Article shall not apply to Articles 12, 13 and 29. (2) The provisions of this Treaty other than (a) those referred to in paragraph (1); and (b) with respect to subparagraph (i), Part III of the Treaty shall not preclude any Contracting Party from adopting or…

European Energy Charter   ARTICLE 20 TRANSPARENCY (1) Laws, regulations, judicial decisions and administrative rulings of general application which affect trade in Energy Materials and Products are, in accordance with Article 29(2)(a), among the measures subject to the transparency disciplines of the GATT and relevant Related Instruments. (2) Laws, regulations, judicial decisions and administrative rulings…

European Energy Charter   ARTICLE 11 KEY PERSONNEL (1) A Contracting Party shall, subject to its laws and regulations relating to the entry, stay and work of natural persons, examine in good faith requests by Investors of another Contracting Party, and key personnel who are employed by such Investors or by Investments of such Investors,…

European Energy Charter   PART III INVESTMENT PROMOTION AND PROTECTION ARTICLE 10 PROMOTION, PROTECTION AND TREATMENT OF INVESTMENTS (1) Each Contracting Party shall, in accordance with the provisions of this Treaty, encourage and create stable, equitable, favourable and transparent conditions for Investors of other Contracting Parties to Make Investments in its Area. Such conditions shall…

European Energy Charter   ARTICLE 7 TRANSIT (1) Each Contracting Party shall take the necessary measures to facilitate the Transit of Energy Materials and Products consistent with the principle of freedom of transit and without distinction as to the origin, destination or ownership of such Energy Materials and Products or discrimination as to pricing on…