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China, Russia pledge to maintain global energy security
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09:20, May 24, 2008

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China and Russia on Friday vowed joint efforts to maintain global energy security.

The pledge was made in a Sino-Russian joint statement on major international issues, signed by Chinese President Hu Jintao and Russia's new president Dmitry Medvedev on Friday.

Both sides called on countries around the world to enhance energy dialogues and coordination, based on equality and mutual benefits, so as to stabilize international energy markets.

The two countries support building a mutually beneficial and cooperative new energy security concept featuring diversified development and coordinated guarantees, the statement said. They also called for speeding up research and popularization of new technologies for environmental protection.

Concerning global climate change, the two countries reiterated their determination to fulfill obligations under the UN Framework Convention on Climate Change and Kyoto Protocol, the statement said.

They vowed to conduct dialogues and cooperation to address the climate change issue, based on relevant conventions and the principle of "common but differentiated responsibilities," it said.

Both countries hold that developed countries should provide financial and technological support for developing countries, so as to improve developing countries' capabilities to deal with climate change, according to the statement.

With regard to sustainable development, the two sides consider it an important field for international cooperation. They called on countries to enhance the exchange of experience, maintain natural resources and biological diversity in a bid to build an environment-friendly and energy-saving society.

Source: Xinhua



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