Lithuania decided to withdraw from the contract to the energy charter – an international agreement signed in the 1990s to protect investment in the energy sector. This was reported by the news agency Leta.
The decision was approved by the country’s parliament. 99 deputies of the Sejm voted “for”, and none of them opposed “against”, two abstained.
The Ministry of Energy of Lithuania believes that participation in the contract is more inappropriate, especially if most EU countries come out of it.
Lithuania signed the contract in 1995, and finally approved it in 1998.
This contract was signed in 1994 and unites 47 countries, mainly from Europe and Central Asia. The purpose of the contract is to protect foreign investments in the energy sector, especially in the post -Soviet space.
However, in recent years, the contract has been criticized, since its provisions began to contradict the EU climatic policy, including the European Green Course and the Paris Agreement. The EU Council back in 2024 approved the exit of the European Union and the Community “EURTOM” from the contract.
To date, Italy, France, Germany, Poland, Slovenia, Luxembourg, Portugal, Spain, Great Britain have already left the contract, and the Netherlands will come out of it at the end of June.