Professor Dr Rafael Leal-Arcas, Jean Monnet Chair in EU International Economic Law at Queen Mary University of London (QMUL), publishes a new book titled Commentary on the Energy Charter Treaty (Edward Elgar).
‘The Commentary on the Energy Charter Treaty (ECT) provides a unique, article-by-article, textual analysis of this important international agreement. The ECT outlines a multilateral framework for cross-border cooperation in the energy sector based on the principles of open competitive markets and sustainable development.
By binding governments to commitments that guarantee open markets, non-discrimination, and access to foreign investment, the ECT aims to strengthen the global rule of law on energy issues and, in doing so, reduce the risks associated with energy-related investment and trade.
Expert contributors provide commentary and analysis on the five primary areas of the ECT: investment promotion and protection, trade, transit, environmental protection, and dispute settlement. The optional protocols are also addressed, including issues such as energy efficiency and the environment.
Clearly and logically organized, this commentary is an invaluable reference tool for those wanting to better understand the intricacies of the Treaty and its binding commitments. The Commentary will be an essential resource for practitioners, academics, and policymakers across the field of energy law and policy.’