2nd East Asia Summit closes with signing Cebu Declaration on Energy Security
15/1/2007 16:20
The Second East Asia Summit (EAS) concluded in Cebu , Philippines 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.
Xinhua
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