Page added on July 24, 2007
VICTORIA, British Columbia (Reuters) – Canada, the United States and Mexico pledged to co-operate on developing energy technology on Monday in an agreement that could reduce trade barriers to alternative energy development.
The countries’ top energy officials, who signed the five-year deal following a meeting on Canada’s Pacific Coast, said it should also promote joint research in areas such as nuclear energy and renewable fuels.
Promoting renewable and more energy-efficient technology will increase North America’s energy security and help the environment, the officials said.
The countries agreed in 2001 to promote energy security in the region, but a new pact was needed to provide a “formal framework” to resolving issues such as ownership of intellectual property rights, the officials said.
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