14:10

President of the Republic of Azerbaijan Ilham Aliyev has met with Senior Managing Director of the World Bank Axel van Trotsenburg in Munich, at the latter’s request.
Axel van Trotsenburg offered his congratulations to Azerbaijan on hosting of COP29, emphasizing that it is a manifestation of the country's support for green transition and combating climate change. He noted that the World Bank is ready to cooperate with Azerbaijan in this regard.
The head of state expressed his gratitude for the congratulations.
During the conversation, they hailed the cooperation between Azerbaijan and the World Bank. It was emphasized that Azerbaijan's current external debt, standing at around 7 percent, is a highly positive indicator, and overall economic indicators exhibit a very positive trend. With COP29 focusing on climate finance, they noted that within the framework of this significant event, there are ample opportunities for cooperation between the World Bank and Azerbaijan.
President Ilham Aliyev provided information about the renewable energy projects underway in Azerbaijan, highlighting their primarily national and regional nature. In this regard, he touched upon the Caspian Sea underwater electric cable project and Azerbaijan’s increased renewable energy potential in the Caspian Sea, which now exceeds 157 gigawatts. The Azerbaijani leader noted that the country is poised to become a green energy exporter in the near future, describing all of these developments as positive steps.
Dear Mr. President,
On my own behalf and on behalf of the people of Azerbaijan, I extend my sincerest congratulations and best wishes to you, and through you, to all your people on the occasion of the national holiday of the State of Israel – the Independence...
30 April 2025, 11:05Statement by President Ilham Aliyev
- Dear Mr. President.
Dear guests, ladies and gentlemen.
Mr. President, I would like to once again sincerely welcome you to Azerbaijan! I am confident that your visit will make a valuable contribution to the development of...
28 April 2025, 15:12Dear Conference participants,
Today marks a milestone for the Global South. Representatives from over 100 prominent non-governmental organizations, civil society have gathered to establish the first-ever Global South NGO Platform.
We are delighted that last...
28 April 2025, 10:08Dear Mr. President,
We are deeply saddened by the news of the loss of lives and numerous injuries caused by the explosion at the Shahid Rajaee Port in the city of Bandar Abbas.
On behalf of myself and the people of Azerbaijan, I extend my heartfelt condolences to...
27 April 2025, 16:50