World energy security 'vital for economy'
By Le Tian (China Daily)
Updated: 2006-07-18 06:50
"We will strengthen win-win co-operation with other energy producers and
consumers on the basis of equality and mutual benefit," he said.
On Sunday, G8 leaders adopted a document on global energy security, hoping to
reach some consensus at their annual summit on how to control and manage
insufficient energy resources amid recent soaring oil and gas prices.
Despite differences between Russia, the only energy supplier of the G8, and
other parties, they pledged in a statement to increase transparency,
predictability and stability of global energy markets, improve the investment
climate in the energy sector, enhance energy efficiency and energy saving,
diversify energy mix, reduce energy poverty and address climate change and
sustainable development.
At yesterday's meeting, Hu also called for multilateral co-operation
mechanisms for preventing and controlling communicable diseases such as SARS and
avian flu and the rampant spread of HIV/AIDS, tuberculosis and
malaria.
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