Energy Charter Treaty

The Energy Charter Treaty (ECT) is an international agreement that promotes cooperation among countries on energy trade and investment. It aims to protect investments in the energy sector, facilitate trade in energy resources, and encourage sustainable energy development. The treaty covers various energy sources, including oil, gas, and electricity, and provides mechanisms for resolving disputes between investors and states. By establishing a framework for energy cooperation, the ECT seeks to enhance the security of energy supply and promote economic growth while considering environmental sustainability.