The Energy Community (also referred in the past as Energy Community of South East Europe (ECSEE) and European Energy Community (EEC)) is a community established between the European Union (EU) and a number of third countries in order to extend the EU internal energy market to Southeast Europe and beyond. With their signatures, the Contracting Parties commit themselves to implement the relevant EU acquis communautaire, to develop an adequate regulatory framework and to liberalise their energy markets in line with the acquis under the Treaty. The Treaty establishing the Energy Community was signed in Athens, Greece, on 25 October 2005, and entered into force on 1 July 2006.
Read more about Energy Community: Aim, History, Institutions, Achievements, Critics
Famous quotes containing the words energy and/or community:
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