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International Energy Charter’s presence in Latin America

The new Latin American Association of Energy Law (ASIDE, Asociación Iberoamericana de Derecho de la Energía) invited the Energy Charter Secretariat to participate in its inaugural Congress held in Mexico on 6-7 September 2018 hosted by the Facultad de Derecho y Criminlogía de la  Universidad Autónoma de Nuevo León in Monterrey. The meeting gathered energy law professors from Brazil, Chile, Colombia, Mexico, Peru and the United States, energy regulators from Mexico, Panama and the Regional Commission of Electricity Interconnection (CRIE) that regulates the regional electricity market of six Central American countries, as well as the Spanish Association of Energy Law (AEDEN).

The closing lecture was delivered by Dr Ernesto Bonafé, Head of the Enlargement Unit, who presented the experience of promoting renewable energy sources in the European Union and pointed out the relevance of the International Energy Charter for Latin America and the global energy architecture. He also expressed the willingness of AEDEN to cooperate with ASIDE in the future.

Chile, Colombia, Guatemala, and Panama are signatories of the 2015 International Energy Charter. A Panamanian electrical engineer, Mr Jorge Billingslea G., who is a specialist in wholesale markets at the National Authority of Public Services,  joined the Secretariat in Brussels in September 2018 for a 3-month secondment, during which he will prepare an energy investment report on Panama and participate further in the functioning of the organisation. Panama will also consider to take part in the Energy Investment Risk Assessment (EIRA) 2019.

The Secretariat has signed two Memoranda of Understanding (MoUs), with the ASIDE-funding member Colombian University of Externado, and with ARIAE, the association of energy regulatory authorities from Latin America, Spain, and Portugal. The MoUs aim to raise the profile of the Energy Charter Treaty in Latin America as a benchmark to enhance a level playing field in international energy relations.

Dr Ernesto Bonafé

Secretary General U. Rusnák and Jorge Billingslea G. (Panama)

Ernesto Bonafé explains the Energy Charter Process