A five-party meeting of representatives of the prosecutor general’s offices of the Caspian states has kicked off in Baku today.
Day: April 4, 2024
The Foreign Minister of Georgia, Ilia Darchiashvili, is on his first official visit to Paraguay. This is the first visit by a Georgian Foreign Minister to Paraguay since the establishment of diplomatic relations between the two countries in 2010. He has already met with his counterpart, Rubén Ramírez Lezcano. During his visit, he will also meet with President Santiago Peña.
Meeting with the counterpart
On April 3, the Foreign Ministers of Georgia and Paraguay held a meeting to discuss the “historic visit” of Minister Darchiashvili. Minister Darchiashvili emphasized the importance of developing relations with Latin American and Caribbean countries and underlined the common values that are essential for the development of friendly relations between Paraguay and Georgia.
During the meeting, the Ministers discussed the economic potential of both countries, with Minister Rubén Ramírez Lezcano emphasizing Paraguay’s readiness to develop economic cooperation with Georgia and to learn more about Georgia’s “successful experience” in tourism development, according to the Georgian MFA press release.
Minister Darchiashvili briefed his counterpart on ongoing developments in the region, security challenges, “as well as Georgia’s increased regional importance, which has been further enhanced by the granting of [EU] candidate status to Georgia”.
The parties discussed cooperation in various sectors, including culture and people-to-people relations. They praised the implementation of a visa-free travel regime in 2023, expecting it to boost visitor numbers. The Georgian Minister invited his Paraguayan counterpart to visit Georgia. The sides also acknowledged successful collaboration in international organizations. Additionally, the counterparts signed a memorandum of understanding on cooperation in diplomatic training, aiming to exchange programs and projects in this area.
Delighted to meet with my Paraguayan counterpart @rramirezlezcano. Since the establishment of diplomatic relations between
and
in 2010, this is the first and historic visit of a Georgian FM to this beautiful country. I am sure it will very much contribute to the further… pic.twitter.com/VXMiiVSfgW
— Ilia Darchiashvili (@iliadarch) April 3, 2024
More to follow…
Also Read:
- 02/04/2024 – FM Darchiashvili Visits Brazil
- 28/03/2024 – FM Darchiashvili Visits Argentina
The Foreign Minister of Georgia, Ilia Darchiashvili, is on his first official visit to Paraguay. This is the first visit by a Georgian Foreign Minister to Paraguay since the establishment of diplomatic relations between the two countries in 2010. He has already met with his counterpart, Rubén Ramírez Lezcano. During his visit, he will also meet with President Santiago Peña.
Meeting with the counterpart
On April 3, the Foreign Ministers of Georgia and Paraguay held a meeting to discuss the “historic visit” of Minister Darchiashvili. Minister Darchiashvili emphasized the importance of developing relations with Latin American and Caribbean countries and underlined the common values that are essential for the development of friendly relations between Paraguay and Georgia.
During the meeting, the Ministers discussed the economic potential of both countries, with Minister Rubén Ramírez Lezcano emphasizing Paraguay’s readiness to develop economic cooperation with Georgia and to learn more about Georgia’s “successful experience” in tourism development, according to the Georgian MFA press release.
Minister Darchiashvili briefed his counterpart on ongoing developments in the region, security challenges, “as well as Georgia’s increased regional importance, which has been further enhanced by the granting of [EU] candidate status to Georgia”.
The parties discussed cooperation in various sectors, including culture and people-to-people relations. They praised the implementation of a visa-free travel regime in 2023, expecting it to boost visitor numbers. The Georgian Minister invited his Paraguayan counterpart to visit Georgia. The sides also acknowledged successful collaboration in international organizations. Additionally, the counterparts signed a memorandum of understanding on cooperation in diplomatic training, aiming to exchange programs and projects in this area.
Delighted to meet with my Paraguayan counterpart @rramirezlezcano. Since the establishment of diplomatic relations between
— Ilia Darchiashvili (@iliadarch) April 3, 2024
More to follow…
Also Read:
- 02/04/2024 – FM Darchiashvili Visits Brazil
- 28/03/2024 – FM Darchiashvili Visits Argentina
The partnership between Azerbaijan and Saudi Arabia has entered a new phase, with the green energy sector acting as a key driver of this cooperation, according to Azerbaijan in Focus, reporting Trend.
During the Fourth Industrial Revolution, two countries, both rich in hydrocarbons, are collaborating to transition to clean energy. This serves as a prime example of effective collaboration to achieve global goals.
Azerbaijan, a dependable oil and gas supplier to global markets, and Saudi Arabia, a leader in the Muslim-Arab world, an OPEC member, and a G20 participant, are joining forces on large-scale clean energy projects. They’re not stopping there; they plan to further expand their cooperation in this field.
For instance, on January 13, 2022, the Ministry of Energy of Azerbaijan and Saudi Arabia’s ACWA Power signed a memorandum of understanding for cooperation in wind energy on the Caspian Sea.
ACWA Power, a globally recognized company, has a renewable energy production capacity of 8,000 MW and an overall investment capacity of 30,200 MW in the electricity sector, with an investment portfolio totaling $45 billion.
ACWA Power will oversee the construction of the 240 MW Khizi-Absheron wind power plant, with a project budget of $300 million, marking the largest investment by the Saudi company outside its home country.
Thanks to the electricity generated by the plant, 220 million cubic meters of natural gas will be saved, and 400,000 tons of carbon dioxide emissions will be avoided. The groundbreaking ceremony for the wind farm took place on January 13, 2022. The project will see the installation of 40 turbines, each with a capacity of 6 MW. Seventeen turbines will be set up in the Pirakashkul village of the Absheron district, and 23 turbines will be installed in the Sitalchay village of the Khizi district. The project is being carried out under a build-own-operate model. ACWA Power and the Azerbaijani government have agreed to expedite the project. Transmission lines in the designated area have already been constructed, and the first turbines could arrive as early as April 2024. More staff will be involved than initially planned, which will accelerate the implementation of several technical aspects of the project. This acceleration could lead to the wind farm being operational by 2025.
The project is receiving strong support from international financial institutions. In October 2023, the European Bank for Reconstruction and Development (EBRD) arranged a syndicated loan of $197.1 million (186.9 million euros) for ACWA Power Azerbaijan Renewable Energy, a subsidiary of ACWA Power. The project is also being co-financed by the OPEC Fund for International Development. In December 2023, the OPEC Fund approved a $50 million loan to ACWA Power Wind for the construction of the Khizi-Absheron wind power plant.
In addition to the Khizi-Absheron wind farm, ACWA Power has signed a memorandum of understanding with the Ministry of Energy of Azerbaijan to explore the construction of a 1 GW onshore wind power plant, a 1.5 GW offshore wind power plant, and the implementation of hydrogen projects in the country.
ACWA Power is also one of two companies that responded positively to the Azerbaijani government’s proposal to create a green energy zone in Karabakh and Eastern Zangazur. The company has expressed its intention to build wind and solar power plants in these territories in the next stage. These projects represent a significant contribution to Azerbaijan’s goal of becoming a green growth country and a supplier of green energy. The collaboration between Azerbaijan and ACWA Power is crucial not only for providing new capacities for the planned green energy corridor from the Caspian to Europe but also for reducing carbon emissions and accelerating the energy transition.
Beyond energy, the cooperation between the two countries extends to other sectors as well. Trade between Azerbaijan and Saudi Arabia amounted to $30.8 million in 2023, showing a 36.3 percent growth compared to 2022. However, these figures do not fully reflect the enormous potential for further development of bilateral economic relations.
This cooperation underscores the potential for future relations between Azerbaijan and Saudi Arabia, with green energy serving as a key driver that will likely impact various other sectors as well.
Saudi Arabia is dedicated to collaborating with Azerbaijan in the process of the new energy transition, and Baku deeply values this commitment.
The post Green energy – future of Azerbaijan-Saudi Arabia cooperation appeared first on Azerbaijan In Focus.
A five-party meeting of the prosecutor generals of the Caspian states is taking place in Baku, according to Azerbaijan in Focus, reporting Trend.
The event will be attended by Azerbaijan’s Prosecutor General Kamran Aliyev, senior officials of the Prosecutor General’s Offices of Azerbaijan and other Caspian countries, as well as Umaira Tagiyeva, Deputy Minister of Ecology and Natural Resources and some other high-ranking officials.
The post Azerbaijan’s Baku hosts five-party meeting of Caspian states’ prosecutor generals appeared first on Azerbaijan In Focus.