30. Recognises the vital role of the development of new infrastructures and transport corridors, projects connecting the Caspian Sea and Black Sea regions through or from the South Caucasus, as also referred to in the communication on the ‘Second Strategic Energy Review’; in this context, supports all the initiatives that will contribute to establishing a more robust producer-consumer and transit countries dialogue, with an exchange of expertise on energy regulatory systems and on security of supply legislations and an exchange of best practices, including transparency and solidarity mechanisms and the development of early warning mecha ...[+++]nisms for energy disruptions; believes that this goes hand-in-hand with the convergence of regulatory frameworks, market integration and non-discriminatory regime to cross-border transmission infrastructures;

31. Recognises the vital role of the development of new infrastructures and transport corridors, projects connecting the Caspian Sea and Black Sea regions through or from the South Caucasus, as also referred to in the communication on the ‘Second Strategic Energy Review’; in this context, supports all the initiatives that will contribute to establishing a more robust producer-consumer and transit countries dialogue, with an exchange of expertise on energy regulatory systems and on security of supply legislations and an exchange of best practices, including transparency and solidarity mechanisms and the development of early warning mecha ...[+++]nisms for energy disruptions; believes that this goes hand-in-hand with the convergence of regulatory frameworks, market integration and non-discriminatory regime to cross-border transmission infrastructures;

30. Recognises the vital role of the development of new infrastructures and transport corridors, projects connecting the Caspian Sea and Black Sea regions through or from the South Caucasus, as also referred to in the communication on the ‘Second Strategic Energy Review’; in this context, supports all the initiatives that will contribute to establishing a more robust producer-consumer and transit countries dialogue, with an exchange of expertise on energy regulatory systems and on security of supply legislations and an exchange of best practices, including transparency and solidarity mechanisms and the development of early warning mecha ...[+++]nisms for energy disruptions; believes that this goes hand-in-hand with the convergence of regulatory frameworks, market integration and non-discriminatory regime to cross-border transmission infrastructures;

Secondly, we must deepen our relations with other countries, primarily with countries which produce energy, but also with countries via which energy routes run, in other words transit countries.

The forthcoming Spring Council should, above all, consider three issues of utmost importance: first, mutual assistance among Member States in case of energy supply cuts; second, mutual consultation mechanisms among Member States for major gas and delivery contracts; and third, the inclusion of an energy security clause in all EU treaties with third countries, which are either a source of energy or a transit country.

This G24 meeting, the first since May 1993, will: - report on the economic and political transition of the 12 Central and European countries receiving G24 aid; - assess current and future developments in assistance to the beneficiary countries; - review coordination procedures with a view to adapting them to meet the changing needs of countries in transition.