Shavkat Mirziyoyev: Uzbekistan prepares multilateral pact to supply green energy to Europe

BUSINESS 13:32 / 13.11.2024 1132

“We are implementing a Regional Climate Strategy with our neighboring countries. In the coming days, we will sign a multilateral agreement to deliver green energy to Europe,” said President Mirziyoyev. He also reaffirmed Uzbekistan's commitment to increase its share of renewable energy to 40 percent.

During the summit, Mirziyoyev met with European Council President Charles Michel, where they discussed the swift adoption of an expanded partnership and cooperation agreement, as well as preparations for the first summit under the Central Asia-European Union format.

Earlier this year, Uzbekistan, Kazakhstan, and Azerbaijan reached an agreement to establish green energy exports to Europe through a Caspian-Black Sea-European route. In May, the three countries signed a memorandum of cooperation to interconnect their energy systems, laying the groundwork for a high-voltage cable project under the Caspian Sea, with a technical feasibility study already underway.

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