Monday, July 17, 2006

G8 Summit Over in St. Petersburg

In the energy sphere, the St. Petersburg Plan of Action was adopted to “enhance global energy security through efforts to increase transparency, predictability and stability of the global energy markets, improve the investment climate in the energy sector, promote energy efficiency and energy saving, diversify energy mix, ensure physical safety of critical energy infrastructure, reduce energy poverty and address climate change and sustainable development.”

“In Lebanon and Gaza the most urgent priority is for a cessation of violence and not to allow extremist elements to plunge the region into chaos and provoke a wider conflict,” the G8 nations agreed.

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