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Baku Conference (November 2004) - Conclusions of the Ministerial Conference

Download	Baku_Conclusions___Annexes.pdf (, 260 Kb)
Release date	07/07/2008
Contributor	Kyriakos Morfis

The ‘Baku Initiative’ is a policy dialogue aimed at enhancing energy cooperation between the European Union and countries of the Black Sea, the Caspian Basin and their neighbours. The initiative began as a result of the conclusions reached at the Energy Ministerial Conference which took place in Baku on 13 November 2004.

 

Established as a new cooperation initiative, it aims at the progressive convergence of the energy markets of the Black and Caspian Sea regions and of the EU. Such a process implies progressively approximating energy policies on issues of trade, transit and environmental rules as well as standards.