Energy Charter Treaty

10 INTERNATIONAL ENERGY CHARTER The representatives of the signatories meeting in The Hague on 20 th and 21 st May 2015; Desirous to better reflect the new realities of the energy sector, especially the growing weight from developing countries, including emerging economies, and to serve the interests of the existing and potential participants of the Energy Charter constituency; Having regard to the European Energy Charter adopted in the Concluding Document of the Hague Conference on the European Energy Charter signed at The Hague on 17 December 1991 signature of which allows states and Regional Economic Integration Organisations to accede to the Energy Charter Treaty of 1994 and which will continue to exist for this purpose; Recalling the Decision adopted by the Energy Charter Conference in its 23 rd  Meeting in Warsaw in 2012 to engage in a process that could lead to the adoption of an updated version of the European Energy Charter; Aware that the concept of the International Energy Charter aims at enhancing international cooperation in order to meet common challenges related to energy at national, regional and international levels, including the evolution of global energy architecture; Recalling the objectives of the International Energy Charter: • to support the Charter’s policy of Consolidation, Expansion and Outreach with the aim to facilitate the expansion of the geographical scope of the Energy Charter Treaty and Process; • to engage in a structured dialogue with non-signatories of the European Energy Charter in order to promote the principles of the Charter and its framework for cooperation on the global scale; • to modernise the European Energy Charter as the basic political declaration of the Energy Charter Process; • to support active observership in the Energy Charter Conference, aiming at close political cooperation and early accession of observer countries to the Energy Charter Treaty;