The EC Experience in Creating an Internal Energy Market: Lessons for the WTO, Global Challenges at the Intersection of Trade, Energy and the Environment, Centre for Trade and Economic Integration (eBook)
Part I: Setting the Stage: The Landscape of Existing International, Nikolay Mizulin, Pg. 67
CEPR - Centre for Trade and Economic Integration
The debate in the WTO concerning the status of energy is reminiscent of a similar debate in the European Community (EC). The lack of direct reference to energy in the EC Treaty resulted in years of uncertainty as to whether internal market and competition rules apply. This uncertainty was resolved by litigation and subsequently by adoption of a detailed and all-encompassing legal framework for trade in energy in the EC. This chapter briefly reviews the developments in the EC and then broadly outlines similarities with the WTO.