Moldova, Turkey to sign memorandum of understanding to strengthen energy partnership

Chisinau, Nov. 13 /MOLDPRES/- Moldova and Turkey will sign a memorandum of understanding that will strengthen the energy partnership between the two countries. Energy Minister Victor Parlicov and his Turkish counterpart Alparslan Bayraktar met on the sidelines of the UN Climate Change Conference, which is currently taking place in Baku.

"I had a constructive meeting with my Turkish counterpart, Alparslan Bayraktar, during the UN Climate Change Conference in Baku, where we agreed to intensify Moldovan-Turkish cooperation in the energy sector. In this regard, we agreed to sign a memorandum of understanding that will strengthen the partnership between our countries," Parlicov said.

He said he invited his Turkish counterpart to explore investment opportunities in Moldova's energy sector and to encourage Turkish companies to participate in tenders for renewable energy.

"At the same time, we discussed the possibility of involving Turkish construction companies in energy efficiency of buildings. We emphasized the importance of joint efforts to ensure energy security in the region, a priority objective for both countries," Parlicov added.

The delegation of the Ministry of Energy of the Republic of Moldova, led by Victor Parlicov, is participating in the UN Climate Change Conference (COP29) in Baku on November 11 - 22. The event brings together representatives from 197 countries and focuses on green finance and the creation of a new fund, financed by fossil fuel producers, companies and countries, to benefit countries affected by climate change.