Over the past few years the approximation to the EU and the country?s ambition to become an EU member have been leading drivers in the development of the energy sector. Serbia is one of the founder members of the Energy Community for Southeast Europe. The Treaty on n Establishment of Energy Community of Southeast Europe was signed by Serbia in 2005 and ratified by the Serbian Parliament in July 2006. Countries who have signed the Energy Community Treaty have a legal obligation to comply with most (clearly specified) parts of the EU acquis on energy, the environment, renewable energy and competition, including all the consequent updates of the related legislation.
According to the 2010 Progress Report of the European Commission, Serbia is
