46 COUNTRIES SIGN CHARTER ON EUROPEAN ENERGY

12/26/1994
Ministers from 46 countries, including Russia, have signed the European Energy Charter in Lisbon. The action ended 3 years of negotiations over terms for cooperation in trade and investment between western and eastern Europe. At least 34 out of a total 50 potential signatory countries needed to sign the charter to bring it into force. The charter is designed to protect western investment in eastern European projects. Energy & Transport Commissioner Marcelino Oreja of the European Commission (EC) said Canada, Hungary, Japan and Norway were unable to sign but declared their intention to do so once internal consultation is...
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