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National Energy Administration of China is looking into the full accession to the International Energy Charter

During the meeting on the margin of the Belt and Road Energy Ministerial Conference in Suzhou, Jiangsu Province, PRC on October 19, 2018, the Secretary General  Amb. U.Rusnák discussed with the Deputy Administrator of the National Energy Administration Mr Fanrong Li, gradual progress towards China’s accession to the Energy Charter Treaty. By 2018 all three accession reports of China have been completed by Chinese experts with the support of the Energy Charter Secretariat. China is interested to take its due place in the existing global energy architecture, there is no intention to build a separate legal framework from scratch.

The Energy Charter Treaty and Process could complement the ambitious energy segment of the Belt and Road Initiative and provide investment protection, dispute resolution tools, trade and transit rules for benefits of all participating nations. China is currently focused on building the Belt and Road Energy Partnership with countries in Eurasia and Africa. Many of those countries are already Members of the Energy Charter Treaty, or in the accession process to it. The Energy Charter Secretariat in 2017 with the support of the Member States and China established The International Energy Charter – China Electricity Council Joint Research Centre in Beijing. Last year the Industry Advisory Panel of the International Energy Charter in Asia was hosted by EPPEI - China’s Electric Power Planning & Engineering Institute.