(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.

UNDERSTANDING with respect to Article 29(2)(a) and Annex W

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.

UNDERSTANDING with respect to Article 29(2)(a)

(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.

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Investor-State Mediator Training

3rd successful Investor-State Mediator training co-organised in Hong Kong

20181030 Legal training

The International Energy Charter, the International Centre for Settlement of Investment Disputes (ICSID), the Centre for Effective Dispute Resolution (CEDR) and the International Mediation Institute (IMI) jointly organized the 3rd training course for mediators in investment disputes kindly hosted by the Department of Justice of Hong Kong and the Asian Academy of International Law (AAIL). The week-long training, which concluded on October 21 and was preceded by some panels on investment law, attracted 50 participants from around the world, including government officials from Mainland China, ASEAN countries, the Middle East, Africa, South America and Hong Kong, as well as local and overseas legal and mediation practitioners.

Participants also engaged in fruitful discussions on the draft Model Instrument on Investment Dispute Management prepared by the Energy Charter Secretariat with the support of IMI and several government officials. The Model could be used by states for implementing their own domestic framework or as a guidance in relation to legal and practical issues that need to be considered for an effective and comprehensive management of international investment disputes. It includes provisions to encourage and facilitate the use of investment mediation.