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Serra, Pierre --- "INTERNATIONAL MARKETS" [2018] ELECD 1536; in Leal-Arcas, Rafael (ed), "Commentary on the Energy Charter Treaty" (Edward Elgar Publishing, 2018) 60

Book Title: Commentary on the Energy Charter Treaty

Editor(s): Leal-Arcas, Rafael

Publisher: Edward Elgar Publishing

ISBN: 9781788117487

Section: ARTICLE 3

Section Title: INTERNATIONAL MARKETS

Author(s): Serra, Pierre

Number of pages: 4

Abstract/Description:

This chapter provides a fine-grained analysis of the ECT Article 3 dedicated to ‘International Markets’. It details the dual obligation embodied by the wording of the provision: openness and competitiveness. Pursuant to this article, parties to the Charter must promote market openness as well as competition. The scope of these obligations is circumscribed to the energy sector as defined by the pertaining annexes to the Charter. Those annexes define the exact products and equipment that must be subject to alleviated trade and non-trade barriers and competition. This provision and the present commentary must be read in parallel to the Annex W.