At the EU-CELAC Summit in Brussels today, the EU and Argentina have taken a further step in their energy cooperation with the signature of a Memorandum of Understanding (MoU).
Signed by European Commission President Ursula von der Leyen and the President of the Argentine Republic Alberto Fernández, the MoU sets out key areas of cooperation, including renewable energy, hydrogen and methane emissions abatement. It also stresses the importance of ensuring that the clean energy transition is socially just.
President of the Commission, Ursula von der Leyen, said: “Our energy cooperation is a particularly promising field to ensure a just and clean transition on both of our continents. The Memorandum of Understanding being signed will guide and shape our cooperation in the years to come. It is an important step in rolling out the EU’s Global Gateway Investment Agenda and will help us achieve our objectives on climate and energy.”
The European infrastructure project "Global Gateway" is designed to become a real alternative to the Chinese project "One Belt, One Road".
Alex Shishlo for Rough&Polished
