Economy12/11/2007SCO to continue work on energy club plan
The make-up of the Shanghai Cooperation Organization’s (SCO) energy club has not been negotiated in detail thus far, Chang Xuhong, a senior expert on the SCO Secretariat, said at the Euro-Asia Economic Forum in Xian, the capital city of China’s northwestern province of Shaanxi, according to Chinese media.
The expert confirmed at the same time, that the SCO member-states have a big stake in promoting comprehensive cooperation in various energy sectors, including nuclear energy, Interfax reported.
Chang also said that Russia possesses advanced know-how for developing this sector, that Central Asia states have rich natural resources of uranium ores, and that ambitious plans to bring the capabilities of the nuclear energy industry to 40,000 megawatts by 2020 are in the making in China.
The Shanghai Cooperation Organization comprises Russia, China, Kazakhstan, Uzbekistan, Tajikistan and Kyrgyzstan. India, Iran, Mongolia and Pakistan have observer status.