Energy Charter Treaty

14 • providing transparency for all segments of international energy markets (production/export, transit, consumption/import); • removal of technical, administrative and other barriers to trade in energy and associated equipment, technologies and energy- related services; • promoting the compatibility of national and regional energy systems and to create a common energy space; • promotion of the harmonisation of rules, regulations and standards in the field of energy; • promoting the realisation of infrastructure projects important for providing global and regional energy security; • modernisation, renewal and rationalisation by industry of services and installations for the production, conversion, transport, distribution and use of energy; • promoting the development and interconnection of energy transport infrastructure and the regional integration of energy markets; • promoting best possible access to capital, particularly through appropriate existing financial institutions; • facilitating access to transport infrastructure, for international transit purposes in line with the objectives of this Charter; • access on commercial terms to technologies for the exploration, development, conversion and use of energy resources; 2. Cooperation in the energy field, which will entail: • coordination of energy policies, as necessary for promoting the objectives of this Charter; • exchange of information and experiences relevant for this Charter; • enhancing capacity building of the countries involved; • mutual access to technical and economic data, consistent with proprietary rights; • formulation of stable and transparent legal frameworks creating conditions for the development of energy resources in the context of sustainable development;

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