ECONOMY


Azerbaijan`s energy minister attends Belt and Road Energy Ministerial Conference in China

Baku, October 17, AZERTAC

Azerbaijan`s Minister of Energy Parviz Shahbazov is attending the Belt and Road Energy Ministerial Conference in China.

Shahbazov will address the conference, which is for the first time held within the “One Belt, One Road” initiative.

The conference will look at the opportunities of creating a mutually beneficial and equal network among the countries located on along “One Belt, One Road” initiative zone. The conference will feature discussions on a wide range of topics, including encouragement of investments in the field of energy and unimpeded energy trade.

The event will see the adoption of the Joint Ministerial Declaration on Building the Belt and Road Energy Partnership.

“One Belt, One Road” initiative was put forward by Chinese President Xi Jinping.

Azerbaijan expressed its support to the initiative when the country signed the Memorandum of Understanding on Joint Encouragement of the Establishment of “Silk Way Economic Belt” during President Ilham Aliyev’s state visit to China in 2015.

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