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  3. Part VI: Transitional Provisions
  4. Article 29: Interim Provisions on Trade-Related Matters
  5. 29(2)

(a) Trade in Energy Materials and Products and Energy-Related Equipment between Contracting Parties at least one of which is not a member of the WTO shall be governed, subject to subparagraph (b) and to the exceptions and rules provided for in Annex W, by the provisions of the WTO Agreement, as applied and practised with regard to Energy Materials and Products and Energy-Related Equipment by members of the WTO among themselves, as if all Contracting Parties were members of the WTO.

(b) Such trade of a Contracting Party which is a state that was a constituent part of the former Union of Soviet Socialist Republics may instead be governed, subject to the provisions of Annex TFU, by an agreement between two or more such states, until 1 December 1999 or the admission of that Contracting Party to the WTO, whichever is the earlier.

Notwithstanding the listing of paragraph 6 of article XXIV of the GATT 1994 in Annex W (A)(1)(a)(i), any signatory affected by an increase in customs duties or other charges of any kind imposed on or in connection with importation or exportation referred to in the first sentence of that paragraph, is entitled to seek consultations in the Charter Conference.

(a) Where a provision of [WTO]1 referred to in this paragraph provides for joint action by [Members of the WTO]2, it is intended that the Charter Conference take such action.3

 

1Editor's note: original "GATT 1947 or a Related Instrument", adapted by editors.

2Editor's note: original "parties to the GATT", adapted by editors.

3Editor's note: part (b) of the Understanding became irrelevant following the entry into force of the Amendment to the Trade-Realted Provisions of the Energy Charter Treaty.

On sait depuis longtemps que travailler avec du texte lisible et contenant du sens est source de distractions, et empêche de se concentrer sur la mise en page elle-même. L'avantage du Lorem Ipsum sur un texte générique comme 'Du texte. Du texte. Du texte.' est qu'il possède une distribution de lettres plus ou moins normale, et en tout cas comparable avec celle du français standard. De nombreuses suites logicielles de mise en page ou éditeurs de sites Web ont fait du Lorem Ipsum leur faux texte par défaut, et une recherche pour 'Lorem Ipsum' vous conduira vers de nombreux sites qui n'en sont encore qu'à leur phase de construction. Plusieurs versions sont apparues avec le temps, parfois par accident, souvent intentionnellement (histoire d'y rajouter de petits clins d'oeil, voire des phrases embarassantes).

Anatolie Stati, Gabriel Stati, Ascom S.A., Terra Raf Trans Traiding Ltd. v. Kazakhstan, SCC Case No. V (116/2010)


  • >Subject matter of the dispute: Alleged campaign of harassment by the State, which culminated with the abrupt cancellation of oil and gas exploration contracts held by claimant's local operating companies, followed by the seizure of its Kazakh assets 
  • >Amount claimed: USD 2.6 billion
  • >Amount awarded: USD 497,685,101
  • >Valuation method: income-based approach (discounted cash flow); actual investment; market-based approach (arm's length offer)
  • >Interest rate: US Treasury bills (6-month)
  • >Costs of arbitration: USD 1,069,470.98 
  • >Award legal costs: Claimant was awarded USD 8,975,496.40 (50% of legal costs)
  • >Award costs of arbitration: Respondent bears 75% of the costs

 

ARBITRAL DECISION

19 December 2013 

Award 

ANNULMENT PROCEEDINGS

9 December 2016 

Judgment of the Svea Court of Appeal - Swedish | English

24 October 2017 

Decision of the Supreme Court of Sweden - Swedish | English (unofficial translation)

9 March 2020

Decision of the Svea Court of Appeal - Swedish | English (unofficial translation)

18 May 2020

Decision of the Supreme Court of Sweden (unofficial translation)

ENFORCEMENT PROCEEDINGS (Belgium - Italy - Luxembourg - Netherlands - United Kingdom - United States)

Belgium

25 May 2018 - Decision of Brussels Court of First Instance 

20 December 2019 - Decision of Brussels Court of First Instance

16 November 2021 - Judgment of Brussels Court of Appeal

 

Italy 

27 February 2019 - Judgment of Rome Court of Appeal

 

Luxembourg 

19 December 2019 - Judgment of Luxembourg Court of Appeal

 

Netherlands

6 November 2018 - Decision of Amsterdam Court of Appeal

7 November 2019 - Decision of Amsterdam Court of Appeal

 

United Kingdom

1 September 2015 - Decision of the High Court of Justice 

6 June 2017 - Judgment of the High Court of Justice

26 February 2018 - Notice of Discontinuance

11 May 2018 - Judgment of the High Court of Justice

22 April 2020 - Judgment of the High Court of Justice


United States

11 May 2016 - Order of the United States District Court for the District of Columbia

5 August 2016 - Memorandum Opinion of the United States District Court for the District of Columbia 

23 March 2018 - Order of the United States District Court for the District of Columbia 

23 March 2018 - Memorandum Opinion of the United States District Court for the District of Columbia

13 November 2018 - Order of the United States District Court for the District of Columbia

30 March 2019 - Memorandum Opinion of the US District Court for the District of Columbia

19 April 2019 - Judgment of the United States Court of Appeals for the District of Columbia Circuit