The third Turkish-Azerbaijani-Georgian business forum will be held on May 21 in Gabala.
Previous discussions with senior economic ministers of the three countries were in Tbilisi (February 2012) and Kars (June 2012).
The Ministry of Economic Development told Turan, that the forum will discuss the prospects for expanding trilateral economic cooperation.
Presentations will also be held for new investment opportunities, bilateral and multilateral meetings of business circles of the three countries.
Azerbaijan, Turkey and Georgia are joined by close economic ties. On the territory of these countries are oil and gas pipelines Baku-Tbilisi-Ceyhan and Baku-Tbilisi-Erzurum gas pipeline. In the final stage the railway Baku-Tbilisi-Kars. -08D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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