Brussels has tried to push through tighter rules to enhance the transparency of intergovernmental agreements (IGAs) for years, but a breakthrough now seems imminent after MEPs in the European Parliament backed a revised framework in a plenary vote last week.
The new law will give the European Commission the right to review IGAs on oil and gas with third countries such as Russia before they are signed. Under the current regime, the commission has the power to review IGAs only after they have been signed.
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