| Author (Person) | Chaffin, Joshua |
|---|---|
| Series Title | Financial Times |
| Series Details | 8.9.11 |
| Publication Date | 08/09/2011 |
| Content Type | News |
|
The Europeam Commission adopted a Communication on security of energy supply and international cooperation on the 7 september 2011, setting out for the first time a comprehensive strategy for the EU's external relations in energy. Improved coordination among EU Member States in identifying and implementing clear priorities in external energy policy is central to the approach outlined by the Commission. Alongside the Communication, the Europeam Commission proposed a Decision setting up an information exchange mechanism for intergovernmental agreements in the field of energy between Member States and third countries. It will extend and complement the notification procedure already applicable to gas agreements to all forms of energy. And it will provide for an instrument to exchange information at EU level before and after negotiations with third countries. The proposed mechanism is set to strengthen the negotiating position of Member States vis-à-vis third countries, while ensuring security of supply, proper functioning of the internal market and creating legal certainty for investment. |
|
| Related Links |
|
| Subject Categories | Energy |
| Countries / Regions | Europe |
