Khankendi:
A summit with seven West and Central Asian leaders agrees to liberalize trade, attract more foreign investments and build cooperation in green energy to strengthen regional economic integration.
The Economic Cooperation Organization Collection also agreed to improve the transport connection and restore areas following conflict across the region as part of a long -term development strategy to 2035, the organization announced.
The summit held under the theme “A new vision for ECO for a sustainable and climate silent future” was attended by Turkish President Tayyip Erdogan, Azerbaijani-Modpart Ilham Aliyev, Uzbekistan’s Shavkat Mirziyoyev, Japarov, Tajikistan Emomali Rahmon and Prime Minister Shahbaz Sharif.
The roadmap is based on ECO 2025, a previous strategy that emphasizes regional integration, trade and transport.
Azerbaijanian Presidential Aid for Foreign Policy Hikmet Hajiyev told Reuters that the ECO 2035 strategy is expanding its scope to include green energy cooperation, digitization and social inclusion.
Hajiyev said Azerbaijan is planning to establish a regional Green Energy Center and a combined transport energy hub under the new framework, although investment figures have not yet been completed.
In an address, Aliyev Azerbaijan’s emergence highlighted as a regional energy and investment name, with $ 350 billion invested in the country’s economy in the last two decades.
The meeting was held in the capital of the former, Nagorno-Karabakh exclaims enclave. By 2023, Azerbaijan re -entered the entire enclave, where ethnic Armenians had had de facto independence for decades.
Both Armenia and Azerbaijan have supported a peace agreement, but the tensions between the two neighbors remain high.
