Azerbaijani, Romanian Energy Regulatory Agencies Mull Expansion Of Relations

(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 1. Azerbaijan EnergyRegulatory Agency (AERA) and Romanian Energy Regulatory Authority(ANRE) have discussed the expansion of long-term cooperation,Trend reportsvia AERA.

AERA hosted a meeting with George-Sergiu Niculescu, President ofthe Romanian Energy Regulatory Authority, who visited Azerbaijanfor the 8th Meeting of the Joint Commission on Trade-EconomicRelations and Scientific-Technical Cooperation between theGovernment of the Republic of Azerbaijan and the Government ofRomania, held in Baku on April 1, 2024.

Rovshan Ismayilov, Deputy Chairman of the AERA Board, talkedabout the existing cooperative relations between the two regulatorybodies.

During the meeting, the sides exchanged opinions on mutualinterests and discussed the signing of a Memorandum ofUnderstanding between the two bodies to expand long-termcooperative relations.

AERA and ANRE have enjoyed cooperative relations since 2018.

Baku hosted the 8th meeting of the Joint Commission ontrade-economic relations and scientific-technical cooperationbetween the governments of Azerbaijan and Romania. Co-chairs SahilBabayev, Azerbaijan's Minister of Labor and Social Protection ofPopulation, and Sebastian-Ioan Burduja, Romania's Minister ofEnergy, convened for discussions on bilateral cooperation progressand the agenda of the meeting.

Highlighting the continuous expansion of relations since theinception of diplomatic ties, Minister Sahil Babayev stressed thesteady growth in bilateral cooperation. Last year alone, the tradeturnover between Azerbaijan and Romania surged by 29.3 percent.

Minister Sebastian-Ioan Burduja reiterated his country'scommitment to strengthening ties with Azerbaijan, emphasizing theimportance of friendly relations. He expressed confidence that theongoing meeting would further fortify these bonds.

The discussions encompassed various sectors, including energy,transport, investment, agriculture, social affairs, education,humanitarian initiatives, infrastructure, and construction,reflecting the broad scope of future cooperation between the twonations.

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