The EU and Euratom withdraw from the Energy Charter Treaty

Despite the withdrawal, the Energy Charter Treaty (ECT) will continue to protect existing investments in the energy sector at the time of withdrawal until june 2045.

The denial of benefits falls within the restrictive measures adopted by the EU and Euratom over the war of aggression of Russia against Ukraine.  

Key aspects

• On June 27, 2024, the Government of the Republic of Portugal, in its capacity as the provisional depositary of the ECT, received notices of withdrawal by the European Union (EU) and the European Atomic Energy Community (Euratom) from the treaty.   
• EU and Euratom’s withdrawals will take effect on June 28, 2025. 
• Investments made within the territory of the EU and Euratom (in the sense of the territory of their Member States) and with respect to measures adopted by the EU and Euratom within their attributed competences, will continue to be protected by the ECT until June 28, 2045.   
• Within the context of the restrictive measures adopted by the EU and Euratom due to the war of aggression by Russia against Ukraine, the EU and Euratom have denied the advantages of Part III of the ECT to investors and investments controlled by nationals of Russia or Belarus.