Energy Charter Treaty

(asked on 8th June 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of the UK engaging in a coordinated withdrawal from the Energy Charter Treaty alongside other European nations.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 17th June 2022

The Government considers that it is important to remain a Party to the Energy Charter Treaty and support its modernisation, as the Government believes that a renegotiated Energy Charter Treaty will remain valuable in supporting clean energy investment in the future.

The Government welcomes the role of the Energy Charter Treaty in ensuring consistent legal protection for UK investors operating abroad. This allows UK companies, investing in countries that have signed the Treaty, to enjoy more protection for their assets, including those involved in renewable energy production.

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