(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 7. Prime Minister of
Azerbaijan Ali Asadov has met with a World Bank (WB) delegation
headed by Vice President for Europe and Central Asia Region
Antonella Bassani, the Cabinet of Ministers' press service told
Trend .
During the meeting, it was emphasized that Azerbaijan and the
World Bank have maintained a longstanding and fruitful partnership.
Satisfaction was conveyed regarding the successful implementation
of collaborative projects spanning various sectors in the recent
period.
The prime minister informed about measures taken in Azerbaijan
to ensure a sustainable and competitive economy, stimulate
entrepreneurial activity, develop a non-oil economy, and increase
employment.
At the same time, discussions revolved around Azerbaijan's
strategy for transitioning to green energy, initiatives in the
realm of energy efficiency and renewable energy sources, and our
nation's efforts in addressing the repercussions of climate
change.
The meeting covered the potential collaboration between
Azerbaijan and the World Bank in various sectors, the
implementation of key projects on the cooperation agenda, the
development of a new framework document for country partnership
with the WB, and cooperation in the upcoming 29th session of the
Conference of the Parties to the UN Framework Convention on Climate
Change (COP29) scheduled to take place in Azerbaijan this year.
The decision to hold COP29 in Azerbaijan was officially
announced in Dubai on December 11, 2023, enabling Azerbaijan to
host the above event in November.
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