EU to upgrade electricity grid and launch ‘energy highways’ initiative
The European Union will strengthen its power grid and launch a new initiative targeting eight key energy bottlenecks across the bloc, according to the...
President Ilham Aliyev met Michael Harms, Chairman of the Eastern Committee of the German Economy, to discuss expanding Azerbaijan-Germany economic relations and the signing of a joint economic projects roadmap.
On May 30, President of the Republic of Azerbaijan Ilham Aliyev met with Michael Harms, Chairman of the Eastern Committee of the German Economy.
During their discussion, President Aliyev warmly recalled his previous meetings with Michael Harms and his interactions with German business communities and company representatives. Both sides highlighted the significance of the German President’s visit to Azerbaijan in strengthening bilateral ties, especially in the economic sector.
They commended the expanding cooperation between Azerbaijan and Germany in various fields, with a special focus on economic and trade relations.
There was mutual confidence that Michael Harms’ visit would be fruitful and provide a valuable opportunity to address the economic collaboration agenda.
Michael Harms mentioned that a “Roadmap” on joint economic projects would be signed with AZPROMO during the day and underscored the political backing from the President of Azerbaijan for this initiative.
The discussion also covered Azerbaijan’s favorable investment climate, German business investments in the country, and prospects for future economic cooperation.
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