Investment Protection and the Energy Charter Treaty Conference
May 18, 2007
The Energy Charter Treaty (ECT) is a legally binding multilateral instrument, the only one of its kind dealing specifically with inter-governmental cooperation in the energy sector. The fundamental aim of the ECT is to strengthen the rule of law on energy issues, by creating a level playing field of rules to be observed by all participating governments, thus minimizing the risks associated with energy-related investments and trade.
In recent years, there has been an increased recourse to the ECT dispute settlement mechanism concerning investment protection, with more than a dozen cases having been brought to international arbitration by investors. The investment arbitration proceedings instituted under the ECT have revealed a range of challenging legal issues common to investor-State arbitration but also specific to the Treaty, demonstrating a continuing need to raise awareness of its provisions.
The conference will provide participants with the insight of experts into the negotiation history and the future of the ECT. It will also give participants a unique opportunity to discuss with leading practitioners key procedural and substantive issues related to investment arbitration within the framework of the ECT.
Dana Contratto will be one of the panelists in this conference.