Baku: President of the Republic of Azerbaijan Ilham Aliyev and President of the European Commission Ursula von der Leyen delivered significant press statements, underscoring the burgeoning partnership between Azerbaijan and the European Union. The leaders met on July 1 to discuss a wide-ranging agenda, reflecting an unprecedented dynamism in their bilateral relations.
According to Azerbaijan State News Agency, President Aliyev highlighted the European Union as Azerbaijan's main trading partner, with over 40% of Azerbaijan's trade conducted with EU member states. The President emphasized the mutual commitment to intensifying cooperation, particularly in the field of energy, where Azerbaijan has increased its natural gas exports to the EU by 65% since the signing of a Memorandum of Understanding on Strategic Partnership in energy. This increase positions Azerbaijan as a crucial energy provider, with ten EU member states receiving Azerbaijani gas. Connectivity and regional transportation were also focal points, with Azerbaijan playing a pivotal role in East-West and North-South transportation corridors.
President Aliyev also addressed the peace process between Azerbaijan and Armenia, noting the successful normalization process that has resulted in tangible benefits. He expressed gratitude for the European Commission's support in fostering peace and cooperation in the region, emphasizing the importance of making peace long-lasting and sustainable.
President Ursula von der Leyen praised the historic peace agreement between Azerbaijan and Armenia, recognizing President Aliyev's leadership in promoting regional stability and cooperation. The European Union is committed to supporting this peace process through initiatives such as the Global Gateway Investment Program, which aims to invest up to 200 million euros in grants for transport, energy, and digital links across the South Caucasus. Von der Leyen announced a new 20-million-euro peace-fostering program to further enhance regional stability and improve the quality of life for border communities.
Energy cooperation remains a cornerstone of the EU-Azerbaijan partnership, with Azerbaijan being a reliable energy partner to the EU. The leaders discussed plans to develop offshore wind energy in the Caspian Sea and the potential for Azerbaijan to become a hub for clean electricity, aligning with Europe's transition to clean energy. The Green Energy Corridor, linking Azerbaijan with the EU, and a proposed electricity cable to Armenia were highlighted as key projects.
The discussions also covered deepening the economic partnership, with the EU being Azerbaijan's largest trading partner and investor. Resuming discussions on a comprehensive agreement could pave the way for increased trade opportunities between Azerbaijan and the EU.
Both leaders expressed optimism for a peaceful and prosperous South Caucasus, with a strong commitment to further strengthening the partnership between Azerbaijan and the European Union.