JOBNAME:Leal-Arcas PAGE:1 SESS:3 OUTPUT:FriNov2309:49:542018 COMMENTARY ON THE ENERGY CHARTER TREATY ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00aPrelims /Pg.Position:1/ Date:12/10 JOBNAME:Leal-Arcas PAGE:2 SESS:4 OUTPUT:FriNov2309:49:542018 ELGAR COMMENTARIES Titlesintheseriesinclude: IntellectualPropertyEnforcement ACommentaryontheAnti-CounterfeitingTradeAgreement(ACTA) MichaelBlakeney TheWTOAgreementonTrade-RelatedAspectsofIntellectualPropertyRights ACommentary JustinMalbon,CharlesLawsonandMarkDavison EUCopyrightLaw ACommentary EditedbyIriniStamatoudiandPaulTorremans EuropeanCompetitionLaw ACaseCommentary EditedbyWeijerVerLorenvanThemaatandBerendReuder EURegulationofE-Commerce ACommentary EditedbyArnoR.LodderandAndrewD.Murray EuropeanCompetitionLaw ACaseCommentary,SecondEdition EditedbyWeijerVerLorenvanThemaatandBerendReuder CommentaryontheEnergyCharterTreaty EditedbyRafaelLeal-Arcas ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00aPrelims /Pg.Position:2/ Date:22/11 JOBNAME:Leal-Arcas PAGE:3 SESS:3 OUTPUT:FriNov2309:49:542018 COMMENTARY ON THE ENERGY CHARTER TREATY Editedby RAFAEL LEAL-ARCAS JeanMonnetChairedProfessorofEUInternationalEconomicLaw,ProfessorofEuropeanand InternationalEconomicLawandDirectorofResearch,QueenMaryUniversityofLondon,UK ELGAR COMMENTARIES Cheltenham, UK ● Northampton, MA, USA ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00aPrelims /Pg.Position:1/ Date:12/10 JOBNAME:Leal-Arcas PAGE:4 SESS:3 OUTPUT:FriNov2309:49:542018 ©TheEditorandContributorsSeverally2018 Allrightsreserved.Nopartofthispublicationmaybereproduced,storedinaretrievalsystemor transmittedinanyformorbyanymeans,electronic,mechanicalorphotocopying,recording,or otherwisewithoutthepriorpermissionofthepublisher. Publishedby EdwardElgarPublishingLimited TheLypiatts 15LansdownRoad Cheltenham GlosGL502JA UK EdwardElgarPublishing,Inc. WilliamPrattHouse 9DeweyCourt Northampton Massachusetts01060 USA Acataloguerecordforthisbook isavailablefromtheBritishLibrary LibraryofCongressControlNumber:2018958444 Thisbookisavailableelectronicallyinthe Lawsubjectcollection DOI10.4337/9781788117494 ISBN9781788117487(cased) ISBN9781788117494(eBook) TypesetbyColumnsDesignXMLLtd,Reading 6 0 ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00aPrelims /Pg.Position:2/ Date:12/10 JOBNAME:Leal-Arcas PAGE:1 SESS:6 OUTPUT:FriNov2309:49:542018 CONTENTS Extendedcontents ix Listofcontributors xvii Acknowledgements xviii Tableofcases xix Tableoflegislation xxvi Introduction 1 RafaelLeal-Arcas Preamble 6 AntonioMorelli PARTI DEFINITIONANDPURPOSE Article1 Definitions 14 DylanGeraetsandLeonieReins Article2 PurposeoftheTreaty 49 LeonieReins PARTII COMMERCE Article3 Internationalmarkets 60 PierreSerra Article4 Non-derogationfromWTOAgreement 64 PierreSerra Article5 Trade-relatedinvestmentmeasures 70 PierreSerra Article6 Competition 87 PierreSerra Article7 Transit 95 CătălinGabrielStănescu Article8 Transferoftechnology 114 BeatrizHuarteMelgar Article9 Accesstocapital 132 BeatrizHuarteMelgar PARTIII INVESTMENTPROMOTIONANDPROTECTION Article10 Promotion,protectionandtreatmentofinvestments 150 DiegoMejía-Lemos Article11 Keypersonnel 205 DiegoMejía-Lemos v ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00bToC /Pg.Position:1/ Date:22/11 JOBNAME:Leal-Arcas PAGE:2 SESS:4 OUTPUT:FriNov2309:49:542018 COMMENTARYONTHEENERGYCHARTERTREATY Article12 Compensationforlosses 209 DiegoMejía-Lemos Article13 Expropriation 211 DiegoMejía-Lemos Article14 Transfersrelatedtoinvestments 233 FrancescoMontanaro Article15 Subrogation 242 ApurvaMudliar Article16 Relationtootheragreements 245 FrancescoMontanaro Article17 Non-applicationofPartIIIincertaincircumstances 249 ApurvaMudliar PARTIV MISCELLANEOUSPROVISIONS Article18 Sovereigntyoverenergyresources 259 PeterVajdaandVarvaraAleksic´ TinaHunter Article19 Environmentalaspects 269 PeterVajdaandVarvaraAleksic´ TinaHunter Article20 Transparency 282 GloriaAlvarez Article21 Taxation 288 GloriaAlvarez Article22 Stateandprivilegedenterprises 299 CostantinoGrasso TinaHunter Article23 Observancebysub-nationalauthorities 314 CostantinoGrasso Article24 Exceptions 320 CostantinoGrasso GloriaAlvarez Article25 EconomicIntegrationAgreements 330 CostantinoGrasso GloriaAlvarez PARTV DISPUTESETTLEMENT Article26 Settlementofdisputesbetweenaninvestorandacontractingparty 338 FernandoDiasSimões Article27 Settlementofdisputesbetweencontractingparties 359 CrinaBaltag Article28 ExclusionofcertainprovisionsoftheECTfromthesettlementofdisputes betweencontractingparties 371 CrinaBaltag vi ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00bToC /Pg.Position:2/ Date:16/10 JOBNAME:Leal-Arcas PAGE:3 SESS:4 OUTPUT:FriNov2309:49:542018 CONTENTS PARTVI TRANSITIONALPROVISIONS Article29 Interimprovisionsontrade-relatedmatters 374 MaxBaumgart Article30 Developmentsininternationaltradingarrangements 382 SilkeGoldberg,NaomiLisneyandAnneEckenroth Article31 Energy-relatedequipment 385 SilkeGoldberg,NaomiLisneyandAnneEckenroth Article32 Transitionalarrangements 387 SilkeGoldberg,NaomiLisneyandAnneEckenroth PARTVII STRUCTUREANDINSTITUTIONS Article33 EnergyCharterProtocolsandDeclarations 394 SilkeGoldberg,NaomiLisneyandAnneEckenroth Article34 EnergyCharterConference 404 CătălinGabrielStănescu Article35 Secretariat 422 CătălinGabrielStănescu Article36 Voting 435 CătălinGabrielStănescu Article37 Fundingprinciples 442 CătălinGabrielStănescu PARTVIII FINALPROVISIONS Article38 Signature 447 OdysseasG.Repousis Article39 Ratification,acceptanceorapproval 450 OdysseasG.Repousis Article40 Applicationtoterritories 452 OdysseasG.Repousis Article41 Accession 467 OdysseasG.Repousis Article42 Amendments 469 AntonioMorelli Article43 Associationagreements 472 AntonioMorelli Article44 Entryintoforce 474 AntonioMorelli Article45 Provisionalapplication 477 AntonioMorelli Article46 Reservations 482 AntonioMorelli Article47 Withdrawal 484 AntonioMorelli Article48 StatusofAnnexesandDecisions 490 LeonardoBorliniandMarinaPetri vii ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00bToC /Pg.Position:3/ Date:16/10 JOBNAME:Leal-Arcas PAGE:4 SESS:4 OUTPUT:FriNov2309:49:542018 COMMENTARYONTHEENERGYCHARTERTREATY Article49 Depositary 497 LeonardoBorliniandMarinaPetri Article50 Authentictexts 501 LeonardoBorliniandMarinaPetri Appendix:GastransitinEurasia:transitissuesbetweenRussiaandtheEuropeanUnion andtheroleoftheEnergyCharter 504 AndreyA.Konoplyanik Index 515 viii ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00bToC /Pg.Position:4/ Date:16/10 JOBNAME:Leal-Arcas PAGE:1 SESS:7 OUTPUT:FriNov2309:49:542018 EXTENDED CONTENTS Listofcontributors xvii Acknowledgements xviii Tableofcases xix Tableoflegislation xxvi Introduction 1 RafaelLeal-Arcas Preamble 6 COMMENTARY P.01 AntonioMorelli PARTI DEFINITIONANDPURPOSE Article 1 Definitions DylanGeraetsandLeonieReins COMMENTARY 1.01 Introduction 1.01 A. PartI:DefinitionsandPurpose 1.03 Article 2 Purpose of the Treaty LeonieReins COMMENTARY 2.01 A. ‘InaccordancewiththeobjectivesandprinciplesoftheCharter’ 2.03 B. ‘Complementaritiesandmutualbenefits’ 2.16 C. ‘Long-termcooperationintheenergyfield’ 2.17 D. ‘Alegalframework’ 2.22 PARTII COMMERCE Article 3 International markets PierreSerra COMMENTRY 3.01 A. Introduction 3.01 B. ‘Anopenandcompetitivemarket’ 3.02 C. ‘EnergyMaterialsandProductsandEnergy-RelatedEquipment’ 3.05 Article 4 Non-derogation from WTO Agreement PierreSerra COMMENTARY 4.01 A. Introduction 4.01 ix ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00cExToC /Pg.Position:1/ Date:22/11 JOBNAME:Leal-Arcas PAGE:2 SESS:3 OUTPUT:FriNov2309:49:542018 COMMENTARYONTHEENERGYCHARTERTREATY B. Thenon-derogatoryprovision 4.04 C. Thenon-derogatoryprovisionandsecondaryrules 4.11 Article 5 Trade-related investment measures PierreSerra COMMENTARY 5.01 A. Introduction 5.01 B. Trade-relatedinvestmentmeasures:basicelementsandtheWTOapproach 5.02 C. Article5onTRIMs,aprovision-by-provisionanalysis 5.10 D. TheAustralianDeclaration:exceptionsandjurisdictionalissues 5.23 Article 6 Competition PierreSerra COMMENTARY 6.01 A. Introduction 6.01 B. Theobligationofalleviation–Article6(1) 6.04 C. EnforcementofcompetitionprovisionsbytheContractingParties–Article6(2) 6.11 D. ObligationofcooperationbetweenContractingPartiesandbetweennational competitionauthorities–Article6(3),(4)and(6) 6.14 E. Infringement,cooperationanddisputeresolution–Article6(5)and(7) 6.15 Article 7 Transit CătălinGabrielStănescu COMMENTARY 7.01 Article 8 Transfer of technology BeatrizHuarteMelgar COMMENTARY 8.01 A. Introduction 8.01 B. Transferoftechnology 8.08 C. ContextofArticle8 8.12 D. Article8,Paragraph1 8.23 E. Article8,Paragraph2 8.47 F. Conclusions 8.56 Article 9 Access to capital BeatrizHuarteMelgar COMMENTARY 9.01 A. Introduction 9.01 B. ContextofECTArticle9 9.04 C. ECTArticle9,Paragraph1 9.20 D. ECTArticle9,Paragraph2:Facilitiestohaveaccesstofundsforfacilitating tradeorinvestmentabroad 9.31 E. ECTArticle9,Paragraph3:ImplementationofprogrammesinEconomic ActivityintheEnergySector 9.35 F. ECTArticle9,Paragraph4:‘NothinginthisArticleshallprevent[…]’ 9.38 G. Conclusions 9.41 x ColumnsDesignXMLLtd / Job:Leal-Arcas-Commentary_on_the_energy_charter_treaty / Division:00cExToC /Pg.Position:2/ Date:12/10