Kazakhstan Stands Ready To Invest In Azerbaijan's Karabakh - Ambassador
Date
7/25/2024 8:11:02 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 25. Kazakhstan stands
ready to consider various projects and invest in Azerbaijan's
Karabakh, Ambassador Alim Bayel told Trend on the sidelines of Azerbaijan-Kazakhstan
agricultural forum held in the Kazakh embassy.
"We are considering various opportunities. The Azerbaijani side
needs to demonstrate what exactly could be implemented. Overall,
both our private sector and Kazakhstan as a state are ready to
consider various projects and invest in Karabakh," the ambassador
explained.
Speaking about cooperation in the field of green energy, Bayel
noted that work is progressing successfully on the implementation
of a trilateral agreement between Azerbaijan, Kazakhstan, and
Uzbekistan on organizing the export of alternative energy to
Europe.
"Our ministers of energy and ministers of the economy, have
already held two meetings. One meeting took place in Baku, and the
other in Tashkent. The next meeting is scheduled to be held in
Kazakhstan. So the process is ongoing.
A feasibility study for this project is currently being
prepared. Everything is being calculated and assessed to determine
how beneficial it will be, and so on. The day when we'll begin
implementing this project isn't far off," he added.
On March 12, the opening ceremony of the Kurmangazy Children's
Creativity Center took place in Azerbaijan's Fuzuli. The center was
built on the Kazakhstan side on a territory with a total area of
1.5 hectares. In addition, the Kazakh BI Group company will take
part in the construction of the Central District Hospital in
Fuzuli.
At the beginning of May, Azerbaijan, Kazakhstan, and Uzbekistan
signed a memorandum of cooperation on the integration of the energy
systems of the three countries. Baku, Astana, and Tashkent have
also identified joint goals for the production of green energy and
its export to Europe.
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