Bulgarian delegation led by President Rumen Radev visited Azerbaijan
On November 11, the Bulgarian delegation, led by the President of the Republic of Bulgaria, Rumen Radev, began its visit to the Republic of Azerbaijan to participate in the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29).
As part of the visit, a meeting was held on November 13 between President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Bulgaria Rumen Radev.
Initially, the “Joint Development Agreement” between SOCAR and Asarel Energy was signed in the presence of the Presidents of Azerbaijan and Bulgaria.
During the meeting, President Ilham Aliyev emphasized the significance of the signed document, noting its role in strengthening cooperation between the two countries.
The head of state expressed gratitude to the President of Bulgaria for attending COP29. President Ilham Aliyev highlighted that this event had already yielded effective results, particularly with significant advancements on Article 6 of the Paris Agreement regarding carbon credit trading, an issue that had seen no progress over the past decade.
Touching on the importance of COP29, the President of Bulgaria praised the excellent organization of the event. He emphasized that the outcomes achieved here would hold great significance for the future.
Rumen Radev expressed satisfaction with the successful development of bilateral ties.
They discussed new cooperation projects in renewable energy, noting that recent statements from international financial and banking institutions regarding a new financial target within COP29 offer significant optimism.
