Azerbaijan, UK discuss energy, renewables
    PHOTO

    ECONOMICS  31 May 2023 - 15:43

    Azerbaijan and the UK discussed joint projects in the field of energy, renewable energy and issues of expanding economic partnership.

    “At the monthly meeting of the British Chamber of Commerce, we also answered questions about our country's strategy in the field of green energy, the activities of British companies in the territories liberated from occupation and other issues,” Caliber.Az, reports, quoting Deputy Economy Minister Elnur Aliyev’s post on Twitter.

    Azerbaijan and the UK cooperate in different sectors of the economy. There are already 30 years of successful cooperation between the two countries in the oil and gas sectors, which entered a new stage of development in line with the challenges of the global energy sector. The latter accounts for $28.8 billion out of $30.6 billion of the UK investments in Azerbaijan's economy. The UK is also the biggest investor in Azerbaijan.

    The UK contributed over AZN1 million (£500,000) to Azerbaijan’s recovery efforts and demining activities in its liberated lands, the UK embassy reported earlier.

    Caliber.Az

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