Vietnam proposes three cooperation priorities at AZEC summit on energy security

VOV.VN - Vietnamese Prime Minister Le Minh Hung proposed three key cooperation priorities to address energy challenges and safeguard supply chains, at an Asia Zero Emission Community (AZEC) online summit on April 15.

Addressing the summit chaired by Japanese Prime Minister Takaichi Sanae, the Vietnamese leader stressed that the current energy crisis reflects not only short-term disruptions but also deeper structural imbalances and intensifying strategic competition, particularly in access to energy resources.

He underlined that beyond diversifying supply, a more fundamental solution lies in strengthening strategic trust, enhancing cooperation and dialogue, and resolving disputes through peaceful means in accordance with international law.

Reaffirming Vietnam’s commitment to achieving net-zero emissions by 2050 and identifying renewable energy and green transition as strategic priorities, the Prime Minister outlined three key directions for cooperation.

In the short term, he called for stronger coordination and policy alignment to diversify energy supply, facilitate trade, and maintain stable and uninterrupted supply chains, especially for energy and food.

In the medium and long term, he proposed enhancing strategic autonomy and resilience through the development of integrated energy infrastructure, expansion of strategic reserves, and increased technology transfer.

He also emphasised the need to accelerate the effective and substantive implementation of projects under the AZEC framework, in line with each country’s capacity and conditions.

Prime Minister Hung expressed support for Japan’s proposal to upgrade AZEC to “AZEC 2.0”, voicing Vietnam’s readiness to work closely with Japan and partners to advance initiatives toward a greener, more sustainable and prosperous future.

The summit brought together leaders from 15 countries, including 10 AZEC members - Japan, Australia, Brunei, Cambodia, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - along with guest countries the Republic of Korea, Bangladesh, India, Sri Lanka and Timor-Leste, as well as representatives from the Asian Development Bank (ADB) and the International Energy Agency (IEA).

In her opening remarks, Japanese Prime Minister Takaichi Sanae highlighted the need to address disruptions in energy supply chains and ensure energy security across Asia.

She announced a US$10-billion financial package to support energy supply diversification in the region, focusing on both short-term emergency responses and long-term resilience.

Leaders at the summit welcomed Japan’s initiative, expressed concern over supply chain disruptions, and underscored the importance of maintaining open and secure trade flows in line with international law.

They also endorsed the AZEC 2.0 initiative and showed their commitment to strengthening cooperation to enhance supply chain resilience and energy security.

The Japanese Prime Minister thanked participating leaders for their constructive contributions and said Japanese agencies would work with partners to promptly implement the proposed initiatives.

Mời quý độc giả theo dõi VOV.VN trên
Viết bình luận

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Related

PM orders stronger energy security, no power or fuel shortages
PM orders stronger energy security, no power or fuel shortages

VOV.VN - Prime Minister Pham Minh Chinh has ordered stronger measures to ensure national energy security, stressing that Vietnam must guarantee sufficient supplies of oil, gas and electricity for both immediate and long-term needs.

PM orders stronger energy security, no power or fuel shortages

PM orders stronger energy security, no power or fuel shortages

VOV.VN - Prime Minister Pham Minh Chinh has ordered stronger measures to ensure national energy security, stressing that Vietnam must guarantee sufficient supplies of oil, gas and electricity for both immediate and long-term needs.

Vietnam has strong foundations for energy and fuel self-reliance
Vietnam has strong foundations for energy and fuel self-reliance

Vietnam possesses the fundamental conditions to become a very strong independent fuel and energy country, but it needs clear long-term targets and stable policy commitments to fully realise this potential, an Australian energy expert has said.

Vietnam has strong foundations for energy and fuel self-reliance

Vietnam has strong foundations for energy and fuel self-reliance

Vietnam possesses the fundamental conditions to become a very strong independent fuel and energy country, but it needs clear long-term targets and stable policy commitments to fully realise this potential, an Australian energy expert has said.

Crude oil reserves seen as key to Vietnam’s energy security in an uncertain world
Crude oil reserves seen as key to Vietnam’s energy security in an uncertain world

VOV.VN - As global volatility intensifies, energy security is emerging as a top priority worldwide, including in Vietnam, where crude oil reserves are no longer just about ensuring supply but increasingly about safeguarding broader economic resilience.

Crude oil reserves seen as key to Vietnam’s energy security in an uncertain world

Crude oil reserves seen as key to Vietnam’s energy security in an uncertain world

VOV.VN - As global volatility intensifies, energy security is emerging as a top priority worldwide, including in Vietnam, where crude oil reserves are no longer just about ensuring supply but increasingly about safeguarding broader economic resilience.