Economy Minister: Georgia, Azerbaijan, Türkiye and Bulgaria agree to further develop cross-border electricity transmission lines
“A significant regional agreement, to which our country is a party, was signed during the visit,” said Georgia’s Deputy Prime Minister and Minister of Economy and Sustainable Development, Mariam Kvrivishvili, who participated in meetings held in Antalya as part of the 31st Conference of the Parties to the UN Framework Convention on Climate Change (COP31).
According to Mariam Kvrivishvili, the four-way cooperation will open up new opportunities for the region’s energy sector and increase its export potential.
“Georgia, Azerbaijan, Türkiye and Bulgaria have agreed to join forces to further develop the existing overland electricity transmission lines between the countries, in order to facilitate the export of electricity generated in our countries to EU member states with even greater success and increased transmission capacity. This is a very important initiative,” Mariam Kvrivishvili said.
As the Minister of Economy and Sustainable Development noted, developing the energy sector is of particular importance to Georgia.
“Our country has always maintained close cooperation with neighbouring countries and our partners. The development of the energy sector is particularly important to us, and an integral part of this vision is to support businesses operating in Georgia in exporting the electricity they generate,” the Minister said.
The “Agreement on Strategic Partnership in the Field of Clean Energy between the Governments of Georgia, the Republic of Azerbaijan, the Republic of Bulgaria and the Republic of Türkiye,” signed in Antalya, aims to strengthen energy connectivity and security among the countries within the framework of their strategic partnership in clean energy, facilitate the transmission and supply of electricity generated from clean energy sources, and develop the relevant infrastructure.
The information was released by the Press Service of the Ministry of Economy and Sustainable Development.