The Depositary of the Energy Charter Treaty (ECT), Portugal, has confirmed the receipt of a written notification of withdrawal from the ECT from the Grand-Duchy of Luxembourg. The withdrawal shall take effect on 17 June 2024.
According to Article 47(3) of the ECT, all the investments covered by the Treaty at the time the withdrawal takes effect will continue enjoying protection for 20 years from such date.
Apart from earlier announced notifications, the Secretariat is not aware of any other notification of withdrawal from the ECT being received by the Depositary.