(MENAFN- Trend News Agency) TBILISI, Georgia, May 2. Azerbaijan is glad toplay a role in unfolding the Caspian Sea's green energy potential,the country's Minister of Finance Samir Sharifov said, Trend reports.

He made the remark at a panel discussion on the topic "EnhancingConnectivity: European Connectivity (Renewable Energy and DigitalConnectivity) Middle Corridor (Reshaping the Euro-AsiaConnectivity)" within the framework of the ADB annual meeting inTbilisi.

He recalled that 30 years ago, no one knew that Azerbaijan wouldexploit the fossil fuel potential of the Caspian Sea in cooperationwith many international companies.

“Transport routes and other corridors have been created, portcorridors for the transport of fossil fuels, and we are pleased toplay an important role now, in 2024, 30 years later, in unlockingthe potential of renewable energy sources,” he emphasized.

Azerbaijan is striving for an energy transition, the so-calleddiversification from oil and gas, added the official.

To note, the theme for the 57th Annual Meeting to be held fromMay 2 to May 5 is“Bridge to the Future.”

The opening session of the Board of Governors will take place onMay 4. The opening session marks the official start of the annualmeeting. It is a high-profile event attended by the guest of honorfrom the host country. Remarks will be made by ADB PresidentMasatsugu Asakawa and the Minister of Finance of Georgia and Chairof the ADB Board of Governors, Lasha Khutsishvili.

The annual meeting is an opportunity for ADB governors to considerdevelopment issues and challenges facing Asia and the Pacific thousand participants, including finance ministers, centralbank governors, senior government officials, members of the privatesector, representatives of international organizations and civilsociety organizations, youth, academia, and the media, regularlyjoin the meeting.

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