The Second East Asia Summit (EAS) concluded today with leaders from 16
EAS nations signed a declaration on energy security which would help shape a
common regional policy for energy issues, including the development and use of
alternative and renewable forms of energy.
With the high cost of energy continuing to cast a shadow over the economies
of the region, leaders of the EAS agreed to strengthen regional cooperation on
energy security to ensure a stable and affordable supply over the long term.
The Cebu Declaration on Energy Security was signed Monday afternoon by the 16
leaders of EAS in the Second East Asia Summit at the Cebu International
Convention Center.
The agreement aims to help the countries in the region reduce their
dependence on conventional fuels through intensified energy efficiency programs,
expansion of renewable energy systems and bio-fuel production and utilization.
The leaders also agreed to pay close attention to the security,
environmental, health and safety dimensions of the energy sector and tasked
their respective officials concerned to look into regional nuclear safety
regime.
The 16 countries attending the EAS are the 10 ASEAN members: Indonesia,
Malaysia, the Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar,
Cambodia, ASEAN Plus Three: China, Japan, Republic of Korea and three additional
members of the EAS: India, Australia and New Zealand.