4) Presidents of Azerbaijan and UAE Discuss Advancing Economic and Energy Ties

On November 30, Ilham Aliyev, the President of the Republic of Azerbaijan, is visiting Dubai to participate in the World Climate Action Summit on the sidelines of the 28th Conference of the Parties to the UN Framework Convention on Climate Change - COP28. There, Aliyev met with Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates, the Press Office of the Azerbaijani President reported.

They described the 230 MW Garadagh Solar Power Plant built with the investment of UAE’s Masdar company and the participation of four UAE ministers in its inauguration as a striking example of friendship between the two countries. President Ilham Aliyev underlined that renewable energy volume would reach 10 gigawatts thanks to the contracts signed with UAE partners.

During the conversation, they stressed the importance of the joint investment fund established between the two countries, adding that it would significantly contribute to developing economic and trade relations and cooperation in mutual investment.

The presidents emphasized the significance of successful cooperation and participation in joint projects between SOCAR and Abu Dhabi National Oil Company – ADNOC. The sides touched on cooperation between the UAE's AD Ports Group and Azerbaijan in port-to-port, shipping, transport, and logistics areas, noting that there are great opportunities for partnership in transport and logistics in the direction of the Middle Corridor.

President Ilham Aliyev invited the President of the United Arab Emirates to visit Azerbaijan. The invitation was accepted.

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