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Asian states to sign energy deals | Asian states to sign energy deals |
(about 1 hour later) | |
Asian states are preparing to sign agreements on energy security and cutting greenhouse gas emissions. | Asian states are preparing to sign agreements on energy security and cutting greenhouse gas emissions. |
The deal will be signed by 10 members of the Association of South-East Asian Nations plus China, Japan, South Korea, India, Australia and New Zealand. | The deal will be signed by 10 members of the Association of South-East Asian Nations plus China, Japan, South Korea, India, Australia and New Zealand. |
There are also plans to construct a regional electricity grid and a natural gas pipeline across south-east Asia. | There are also plans to construct a regional electricity grid and a natural gas pipeline across south-east Asia. |
Talks in the Philippines are also focusing on dealing with natural disasters, disease and terrorism. | |
"The fact that the leaders of 16 great nations are hereis a testament to the desire of leaders and their peoplefor greater collaboration between the nations," said Philippine President Gloria Arroyo as meeting opened. | |
"I hope we make progress on the issues of energyindependence, human rights, economic integration and social justice." | |
The energy deal, agreed in draft form last week, will not cap greenhouse emissions, but will call for extra investment in eco-friendly fuels. | The energy deal, agreed in draft form last week, will not cap greenhouse emissions, but will call for extra investment in eco-friendly fuels. |
Correspondents say the Asian nations are attempting to lessen their dependence on oil from the Middle East. | Correspondents say the Asian nations are attempting to lessen their dependence on oil from the Middle East. |
Greenhouse gas emissions from Asian nations are forecast to grow rapidly in the coming years, with one estimate saying they could treble by 2025. | Greenhouse gas emissions from Asian nations are forecast to grow rapidly in the coming years, with one estimate saying they could treble by 2025. |
Improved ties | Improved ties |
The pan-Asian deal comes at the end of a regional south-east Asian summit in Cebu, in the Philippines. | The pan-Asian deal comes at the end of a regional south-east Asian summit in Cebu, in the Philippines. |
The summit has been marked by an improvement in relations between regional rivals China and Japan. | The summit has been marked by an improvement in relations between regional rivals China and Japan. |
China announced that Prime Minister Wen Jiabao will travel to Japan in April. | China announced that Prime Minister Wen Jiabao will travel to Japan in April. |
Also at the summit Japan, China and South Korea held their first three-way meeting in two years. | Also at the summit Japan, China and South Korea held their first three-way meeting in two years. |
Leaders of the three countries presented a united front to North Korea, urging Pyongyang to end its nuclear programme and seek a stronger trading relationship with its neighbours. | Leaders of the three countries presented a united front to North Korea, urging Pyongyang to end its nuclear programme and seek a stronger trading relationship with its neighbours. |