Azerbaijan has expressed interest in collaborating with the Philippines on energy projects and trade bilateral cooperation.
Manila Bulletin reported that during the 29th Conference of the Parties for Climate Change (COP29), chief foreign policy advisor Hikmet Hajiyev said that Azerbaijan is interested in developing bilateral cooperation with the Philippines in energy, trade, information and communications (ICT), and education.
Hajiyev added that the Azerbaijani government saw parallels with the country’s vision, which prompted them to consider the partnership. The presidential adviser also mentioned that Azerbaijan also considered the skilled labor force of the Philippines as another prospect.
Azerbaijan is also making progress toward its energy transition strategy along with hosting the COP29 Climate Change Summit in November, as the country is also gearing to have a 30% renewable energy (RE) mix by 2030.
Despite the country being well-known for its enormous gas and oil reserves, it has decided to join the ranks of numerous other countries in seeking breakthroughs in the application of energy technologies.
In Azerbaijan’s energy transition plan, the RE installations being relied upon include solar and wind farms, hydropower, and waste-to-energy ventures.
