- Spain will become the second country to withdraw from the treaty after Italy pulled out in 2016.
- The ECT, which dates back to 1998, was designed to secure energy supply in the region and offer protection to companies investing in the energy industry.
- It was originally meant to support the energy sector in the former Soviet Union, allowing investors to sue governments over policies that jeopardize their investments.
Spain Withdraws From European Energy Treaty Over Climate Concerns
