Azerbaijan, Maldives Explore Green Energy Cooperation Opportunities
Date
1/16/2025 8:13:23 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 16. Azerbaijan and
the Maldives have discussed potential collaboration in the field of
green energy, Trend reports citing the Azerbaijan Export and
Investment Promotion Agency (AZPROMO).
The talks took place as part of a meeting with representatives
from the Maldives investment Agency (Invest Maldives).
The discussions focused on exploring new opportunities for
economic cooperation between Azerbaijan and the Maldives, as well
as the implementation of joint initiatives.
AZPROMO Executive Director Yusif Abdullayev highlighted the
prospects for collaboration in sectors such as real estate, green
energy, tourism, and transportation.
In turn, Invest Maldives CEO Nuha Mohamed Riza shared the
investment potential of the Maldives, particularly in tourism and
green energy, and emphasized existing opportunities for Azerbaijani
companies to invest in the Maldives.
Additionally, both sides agreed to further expand cooperation
through the World Association of Investment Promotion Agencies
(WAIPA).
AZPROMO was founded in 2003 by the Ministry of Economy of
Azerbaijan to facilitate foreign investment in the non-oil industry
and promote exports of non-oil products. The agency's primary
objective is to enhance the nation's economy by soliciting
international investment and fostering exports in the non-oil
sector. To date, the agency has conducted 33 export trips to
international destinations under the "Made in Azerbaijan"
initiative.
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