(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 24. Azerbaijan aims
to develop 'green' energy, Azerbaijani Foreign Minister Jeyhun
Bayramov said speaking at the 77th session of the UN General
Assembly in New York, Trend reports.
According to him, this is one of the five priority areas for the
development of the Azerbaijani economy, despite the fact that the
oil and gas sector plays an important role in the development of
'It is against this background that the growth of the non-oil
sector by over 11 percent was noted, which led to an increase in
the country's total GDP by 7.2 percent', he said.
According to him, Azerbaijan is one of the few countries in the
world that is actively developing the renewable energy sector,
while remaining a hopeful supplier of energy resources.
'We will continue to strengthen our position as a reliable
supplier of energy resources. The recently signed memorandum on
cooperation between the EU and Azerbaijan in the field of energy is
a good example of Azerbaijan's position as a provider of energy
security,' he said.
As the FM noted, Azerbaijan has already invested $3 billion in
the restoration of the liberated territories and intends to further
increase the volume of investments.
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