US and China face similar energy challenges

Aug 06, 2006 02:00 AM

The US and China face similar energy challenges and their cooperation will serve interests of both countries, a senior US official said in a testimony before the US-China Economic and Security Review Commission.
The US has a long and fruitful history of engagement with China on energy related cooperation since January 1979, and under the current administration the US has a robust engagement with China through bilateral and multilateral mechanisms, Katharine A. Fredriksen, Principal Deputy Assistant Secretary of Energy Department, said.
“While there are notable differences in our approaches, cooperation between our two countries will promote greater energy security in our respective countries, as well as in the world,” she said at the two-day hearing.

The US engagement with China takes place in many bilateral mechanisms, including the US-China Energy Policy Dialogue, the US-China Oil and Gas Industry Forum, the Peaceful Uses of Nuclear Technologies Agreement, and the Joint Coordinating Committee on Science and Technology, said the official.
“The Dialogue emphasises that the US and China share many common challenges and opportunities as the two largest energy consumers in the world and aims to promote greater cooperation to address concerns,” she said.

The US actively engages with China through multilateral forums and China is an active member in the Asia Pacific Economic Cooperation's Energy Working Group, said Katharine, adding the two countries also have been working together though international science and technology initiatives.
The US-China Economic and Security Review Commission was created in October 2000, to monitor, investigate and submit to the US Congress an annual report on the national security implications of the bilateral trade and economic relationship.

Source: Xinhua
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