DIPLOMACY ECONOMY EVENTS

Romania’s preparing to take over presidency of Energy Charter Conference

The Government is preparing for Romania to take over in 2018, the presidency of the Energy Charter Conference, through several actions set out in a Memorandum adopted in the Executive’s sitting on Wednesday.

According to a government press release sent to AGERPRES, the positions of vice-president of the Energy Charter Conference in 2017, respectively that of president of the Charter Conference 2018 will be held by the Ambassador with special assignments in the Foreign Affairs Ministry, Mihnea Constantinescu.

“The memorandum sets up an inter-institutional working group, which will be responsible for preparing the takeover of the presidency and the organization of the events’ schedules for 2018, possibly even 2017, if the planning of an event dedicated to the Energy Charter this year is being considered. This ad-hoc group will include representatives with decision powers from the Ministry of Foreign Affairs, the Ministry of Energy, the General Secretariat of Government etc.,” the release reads.

The Government states that the working group will establish Romania’s priorities for the Charter presidency and the concept draft for the ministerial meeting that usually accompanies the Charter Conference. The annual Conference hosts the Energy ministers from the participating countries, and representatives of the energy industry, about 200 people.

To ensure the costs for organizing the annual Conference, that belong to the host country, the Ministry of Energy and Ministry of Foreign Affairs will jointly promote a Government Decision draft in this regard, the release mentions.

The Energy Charter process began in the 1990s as a political initiative launched in Europe as a platform for cooperation in energy, accepted by both states in Eurasia, as well as the developed countries, the release further states.

The presidency of the Energy Charter Conference is currently provided by Turkmenistan.

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