(Mexico City, Mexico) Energy Secretary Spencer
Abraham's participation this week at the Hemispheric
Energy Ministers Conference in Mexico proved successful
as his first foreign trip, with four significant
steps made to promote regional energy cooperation.
Secretary Abraham and other Energy Ministers from
North, South, and Central America approved the Mexico
Declaration outlining the opportunities and challenges
for the region's energy sector and endorsed a message
to their heads of state who will meet in Canada
in April for the Summit of the Americas.
Secretary Abraham convened the first-ever trilateral
meeting with Mexican Energy Secretary Ernesto Martens
and Canadian Energy Minister Ralph Goodale to discuss
North American energy issues. The three ministers
announced the formation of a North American Energy
Working Group to begin developing a comprehensive
"At this historic meeting, we agreed on the need
for a strategy that promotes regional integration
and helps meet the needs of the people of North
America, while respecting the sovereignty of each
country," Abraham noted.
In addition, Secretary Abraham and Secretary Martens
announced the activation of the Electricity Working
Group to facilitate enhanced cross-border electricity
trade between Mexico and the United States of America.
And finally, Secretary Abraham, on behalf of the
United States, signed an energy cooperation agreement
with Peru to facilitate energy cooperation between
Peru and the United States and invited Peruvian
Energy Minister for further talks in Washington
In a keynote speech to the Energy Ministers, Abraham
stressed the importance of building relationships
among our neighbors that will contribute to a shared
energy security. "The kind of true energy partnership
which we seek represents the deepest friendship
across borders B for pipelines and power lines literally
bind us together like a continuous handshake," Abraham
said. "The Bush Administration sees the opportunities
and advantages of building upon our strong foundation
of hemispheric energy cooperation as a vital component
of our future energy policy."
The meeting also gave industry representatives
the opportunity to meet with governments in the
region to explore investment opportunities and discuss
ways to advance energy sector development and ensure
a secure, reliable supply of energy.
Release Date: March 9, 2001