Baumgart, Max --- "INTERIM PROVISIONS ON TRADE-RELATED MATTERS" [2018] ELECD 1562; in Leal-Arcas, Rafael (ed), "Commentary on the Energy Charter Treaty" (Edward Elgar Publishing, 2018) 374

Book Title: Commentary on the Energy Charter Treaty

Editor(s): Leal-Arcas, Rafael

Publisher: Edward Elgar Publishing

ISBN: 9781788117487

Section: ARTICLE 29

Section Title: INTERIM PROVISIONS ON TRADE-RELATED MATTERS

Author(s): Baumgart, Max

Number of pages: 8

Abstract/Description:

The Energy Charter Treaty is part of a complex system governing international trade. Resolving its relation to the WTO Agreement needs a specific regulation that resulted in Article 29 ECT. Article 29 ECT incorporates essential rights and obligations from the WTO Agreement into the Energy Charter Treaty where any Contracting Party is not a member of the WTO. Thus, it ensures that every Contracting Party of the ECT is treated equally in matters relating to Trade in Energy Materials and Products as well as Energy-Related Equipment. The provision includes paragraphs on the introduction of the WTO Agreement’s rights and obligations, on a full transparency obligation, on a best-endeavour commitment, on a stand-still clause and on a specific dispute settlement system.