Portugal
Portugal has formally withdrawn from the Energy Charter Treaty
- On February 1, 2024, the Government of the Republic of Portugal, in its capacity as the Energy Charter Treaty (“ECT”) depositary, received the withdrawal notification from the Republic of Portugal;
- Portugal’s withdrawal from the ECT will take effect on February 2, 2025;
- However, investments made by foreign investors in national territory and those made by Portuguese companies in other ECT contracting states will continue to be protected by the ECT until February 2, 2045.