'IEA must do more to engage China, India' |
The International Energy Agency (IEA) must do more to engage heavyweight oil consumers China and India if it is to remain relevant, its next executive director said Friday.
"The first job for me is how we can really engage these non-members," in the agency's efforts to promote energy security, said Nobuo Tanaka, who becomes the IEA's first non-European head from September, replacing France's Claude Mandil.
"Without engaging these big non-member consuming countries, the relevance of the IEA could be undermined," he told reporters at the Foreign Correspondents' Club.
The IEA's efforts to promote energy efficiency "will clearly be restricted without the involvement of China and India," added Tanaka, who is currently a director at the Organisation of Economic Cooperation and Development.
The IEA was created during the 1973-74 oil shock to act as energy policy advisor to members of the OECD, to which China and India do not belong.