Study on the Legal Regime of Energy Corridor Governance under the "Belt and Road" Initiative

Abstract

The "Belt and Road" is closely linked to the concept of a community of shared destiny, and involves political, economic, cultural, energy and other aspects of cooperation between China and the countries and regions along the route, of which energy cooperation is an important part of the "Belt and Road", and energy corridors are the focus of sustainable cooperation in the energy sector. Energy cooperation is an important part of the "Belt and Road", and energy corridors are the focus of sustainable energy cooperation. The energy corridors of the "Belt and Road" are cross-border energy transport corridors, which face greater risks due to their long mileage, large-scale investment and long cycle. However, there is no unified international energy organisation, and international energy laws and regulations are scattered in various international treaties, which makes the system confusing and fragmented, and fails to meet the needs of energy corridor governance in the context of the "Belt and Road" initiative. This paper gives relevant suggestions on the improvement of the legal system for the governance of international energy cooperation corridors in the context of the "Belt and Road" Initiative from four aspects: improving the legal basis, clarifying the main body of responsibilities, clarifying the jurisdiction, and improving the dispute settlement mechanism. It provides theoretical support for the improvement of the legal system of energy corridor governance in the context of the "Belt and Road" initiative, and promotes the construction of the "Belt and Road" regional energy community of destiny.