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flag EU agrees to exit Energy Charter Treaty, offering member states option to modernize or leave.

flag The EU has reached a deal to exit the Energy Charter Treaty (ECT), with a proposal offering member states the option to modernise the international trade agreement protecting fossil fuel investments. flag The EU and Euratom can leave the treaty, but member states must obtain EU authorisation to remain, with failure to do so resulting in quitting the treaty. flag The deal requires approval next week, with the ECT conference scheduled for November.

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