(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 30. The UK has
invested $34 billion in Azerbaijan's economy, Minister of Energy of
Azerbaijan Parviz Shahbazov said during the meeting with British
Prime Minister's Trade Envoy for Azerbaijan, Baroness Emma
Nicholson, trend reports.
According to him, issues of switching to "clean"
energy were discussed during the meeting.
"We discussed issues in the field of transition to
clean energy, as well as the development of cooperation within the
intergovernmental commission with British Prime Minister's Trade
Envoy for Azerbaijan, Baroness Emma Nicholson. I want to emphasize
that the UK is the largest foreign investor in Azerbaijan, with
investments of $34 billion," he said.
Baku will host the 28th Caspian Oil and Gas
International Exhibition, the 11th International Energy and
Renewable Energy Exhibition and the 20th International Transport,
Transit and Logistics Exhibition from May 31 to June 3. The 28th
International Baku Energy Forum is expected to be held on June
1-2.
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