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Russia invites Europe to join new energy charter - EUobserver

EUOBSERVER / BRUSSELS - Russia has floated plans for a new global treaty on trade in fossil and nuclear fuel in an attempt to consign to history an earlier pact, the 1991 Energy Charter Treaty.

Russian President Dmitry Medvedev unveiled the project at a press conference with Finnish head of state Tarja Hallonen in Helsinki on Monday (20 April).

Mr Medvedev launched the new project in Helsinki on Monday

"Our task today is to maintain, or rather ensure for the future, the balance of producers of energy resources, transit states and consumers of energy resources," he said.

A detailed paper has been sent to G20 and G8 members as well as Russia's allies and neighbours. Talks at the EU level are to begin "as soon as possible."

by Fran on Tue Apr 21st, 2009 at 05:05:23 PM EST
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