North America The Energy Picture II

North American Energy Working Group of the
Security and Prosperity Partnership

.."On March 23, 2005, Canadian Prime
Minister Paul Martin, Mexican President
Vicente Fox, and U.S. President George
W. Bush announced the Security and
Prosperity Partnership (SPP or the
Partnership) in Waco, Texas. In order to
achieve the SPP’s broader commitment
of ensuring security and enhancing
development in North America, the SPP
included six Security Working Groups
and 10 Prosperity Working Groups,
designed to promote greater cooperation
and information sharing in various areas,
including a prosperity working group
focused on energy.
In energy, it was agreed by all three
countries that the cooperative efforts
under the SPP would continue to occur
under the ongoing North American
Energy Working Group (NAEWG),1
with new initiatives to be added as part
of the recently established Partnership.
Under the SPP, the energy goals are to
“strengthen North America’s energy
markets by working together, according
to our respective legal frameworks, to
increase reliable energy supplies for the
region’s needs and development, by
facilitating investment in energy
infrastructure, technology
improvements, production and reliable
delivery of energy, by enhancing
cooperation to identify and utilize best"

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