Belarus, who currently applies the ECT provisionally, stressed the need to take into account its membership in the Eurasian Economic Union. Therefore, the involvement of the Eurasian Economic Union into modernisation exercise is desirable.
The first phase of modernisation of the Energy Charter Process was finalised successfully in 2015 with the adoption of the International Energy Charter (which updated the initial political declaration signed in 1991). Today, 87 countries and international organisations have signed it. The next step in the modernisation exercise is to consider the potential ‘update’ of the Energy Charter Treaty (ECT). It was the first official visit of the Secretariat to discuss modernisation, after the Meeting of the Energy Charter Conference in Ashgabat.