(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 26. The EU is
building up green energy cooperation with Azerbaijan, EU Ambassador
to Azerbaijan Peter Michalko said at the 15th anniversary of the EU
Delegation representation in Baku, trend reports.
'The Energy Memorandum signed in July 2022 has already
strengthened Azerbaijan-EU cooperation in this area. We've recently
signed a Bucharest agreement on the green energy supply through the
Black Sea. This agreement will take our partnership to a higher
level,' the ambassador said.
The EU ambassador stressed that the diplomatic office is making
every effort to further develop bilateral collaboration with
In addition, Michalko reminded that the EU is Azerbaijan's main
trading partner, and half of Azerbaijan's exports comes at the EU
Within the EU External Investment Plan for 17 billion euros, the
European Commission, Georgia, Azerbaijan, Romania and Hungary have
signed a Memorandum of Understanding on the implementation of the
underwater power cable project in the Black Sea.
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