The first ministerial meeting of four countries on green energy development and transmission has been held

First ministerial meeting of the four countries on implementation of the “Agreement on a strategic partnership in the field of green energy development and transmission between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary” has today been held in Baku on the sidelines of the 9th Southern Gas Corridor Advisory Council Ministerial Meeting and 1st Green Energy Advisory Council Ministerial Meeting.

The meeting attended by Azerbaijan’s Energy Minister Parviz Shahbazov, Georgia’s First Deputy Minister of Economy and Sustainable Development Romeo Mikautadze, Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó, and Romanian Energy Minister Virgil-Daniel Popescu focused the concept of future activities for the green energy development and transmission. EU Commissioner for Energy Kadri Simson also attended the meeting.

The participants emphasized that the implementation of green energy project is of strategic importance for diversification of energy supplies and transit routes. They also stressed the importance of enhancement of the cooperation between the four countries to expand the use of the current renewable energy potential, as well as to develop the green electricity trade.

The sides also agreed on establishment of a Working Group for the implementation of issues aimed at transmission of green energy from the Caspian Sea to Europe. At the end a protocol on the results of the meeting has been signed.

The “Agreement on a strategic partnership in the field of green energy development and transmission between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary” has been signed in Bucharest on 17 December 2022 by President of the Republic of Azerbaijan Ilham Aliyev, Prime Minister of Romania Nicolae Ciucă, Prime Minister of Georgia Irakli Garibashvili and Prime Minister of Hungary Viktor Orban. President of Romania Klaus Iohannis and President of the European Commission Ursula von der Leyen participated in the signing ceremony.