Updated Regulations of the Ministry of Digital Development and Transport
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- Economics
- 2 December 2024 15:06
Economics
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Azerbaijan is accelerating its transition to green energy through the coordinated efforts of its "Green Energy Zone" task force, which recently held its latest hybrid meeting to review progress and outline future priorities. The Ministry of Energy, reporting on Wednesday’s session, emphasized the task force's central role in implementing the 2022–2026 Socio-Economic Development Strategy, a cornerstone of Azerbaijan’s ambitions for sustainable growth.
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AzerGold, Azerbaijan’s state-owned mining company, is pursuing opportunities for strategic collaboration with Turkish firms in Africa as part of its efforts to expand its presence in the global mining sector. Recent talks between Zakir Ibrahimov, Chairman of the Board of AzerGold CJSC, and Şebnem Cenk, Head of the West and Central Africa Department at Turkey's Ministry of Foreign Affairs, highlighted the potential for a mutually beneficial partnership.
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In the bustling corridors of Iran's Ministry of Energy, Shahin Mustafayev, Azerbaijan's Deputy Prime Minister and Co-Chair of the Azerbaijan-Iran Intergovernmental Commission on Economic, Trade, and Humanitarian Cooperation, convened with Abbas Aliabadi, Iran's Minister of Energy. Their agenda: to explore the vast potential of trilateral energy cooperation between Azerbaijan, Iran, and Russia. Discussions centered on integrating energy systems, expanding electricity exchange, and establishing robust infrastructure for regional electricity transit.
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In the snowy alpine setting of Davos, Azerbaijani President Ilham Aliyev met with the President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, to discuss a shared vision for sustainability and regional cooperation. The meeting, held on January 22, came at Renaud-Basso’s request and underscored the growing partnership between Azerbaijan and the EBRD, with a focus on green energy, infrastructure projects, and economic development.
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