Davos: President Ilham Aliyev participated in the 'Azerbaijan Executive Breakfast' event in Davos, following his interview with Euronews TV, as reported by APA. During this gathering, business representatives from various countries had the opportunity to engage with the Azerbaijani head of state.

According to Azeri-Press News Agency, the event was organized by Euronews and focused on exploring Azerbaijan's growing role as a regional hub for connectivity, energy, and economic development. The event began with opening remarks from Pedro Vargas David, Chairman of Euronews, who highlighted Azerbaijan's rapid development and its potential as a future leader in regional prosperity.

During the event, President Aliyev addressed questions related to Azerbaijan's strategic investment priorities, emphasizing the importance of the non-oil sector. He noted that the diversification of the economy is the country's primary focus, with particular interest in renewable energy sources. President Aliyev announced plans to significantly increase Azerbaijan's capacity for solar and wind energy by 2032, aiming to achieve eight gigawatts of solar and wind power.

The President also discussed Azerbaijan's initiatives to enhance connectivity within the region, citing the construction of oil and gas pipelines and investments in transportation infrastructure. He underscored Azerbaijan's role as a reliable and safe transit route for the European community, particularly in connecting Europe with Central Asia.

The event also featured discussions on Azerbaijan's potential in the mining sector, driven by recent access to rare metals in territories liberated from Armenian occupation. President Aliyev highlighted the country's efforts in attracting foreign investment in various sectors, including data centers and infrastructure development.

The 'Azerbaijan Executive Breakfast' concluded with an interactive session where participants, including representatives from major energy companies, expressed their interest in Azerbaijan's investment climate and opportunities for collaboration. The event underscored Azerbaijan's commitment to fostering international cooperation and sustainable economic growth.