European Energy Charter

The European Energy Charter is an international agreement established in 1991 to promote cooperation, investment, and a reliable energy supply among European and Eurasian countries. It aims to create a transparent legal framework to facilitate the cross-border trade and infrastructure development of energy resources like oil, gas, and electricity. By fostering dialogue and reducing barriers, the Charter supports energy security, market stability, and sustainable development in the region. It is not a binding treaty but provides guiding principles to encourage collaboration and fair practices among participating nations.