Economy

Azerbaijan, EU discuss partnership opportunities within COP29 (PHOTO)


BAKU, Azerbaijan, May 3. Azerbaijani Economy
Minister Mikayil Jabbarov has held a meeting with Director-General
of the European Commission for Neighborhood Policy and Enlargement
Negotiations (NEAR) Gert Jan Koopman, Trend reports.

The Ministry of Economy of Azerbaijan reported that discussions
included the implementation of the Economic and Investment Plan in
Azerbaijan, aligned with the priorities of the EU Eastern
Partnership for 2021-2025, and explored partnership opportunities
with the EU for COP29.

Additionally, potential areas of cooperation were deliberated
based on joint priorities for the upcoming years.

This November, Azerbaijan will host COP29. This decision was
made at the COP28 plenary meeting held in Dubai on December 11 last
year. Baku will become the center of the world and will receive
about 70–80,000 foreign guests.

The United Nations Framework Convention on Climate Change is an
agreement signed at the Earth Summit in Rio de Janeiro in June 1992
to prevent dangerous human interference with the climate system.
COP—the Conference of the Parties—is the highest legislative body
overseeing the implementation of the Framework Convention on
Climate Change. There are 198 countries that are parties to the
Convention. Unless the parties agree otherwise, the COP is held
annually. The first COP event took place in March 1995 in Berlin,
and its secretariat is located in Bonn.

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