The Eastern European Regional Group selected Azerbaijan to host the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in 2024.
Aside from Azerbaijan, Armenia and Bulgaria also submitted bids. On December 7, 2023, however, following direct negotiations between the Office of the President of the Republic of Azerbaijan and the Office of the Prime Minister of Armenia, Armenia agreed to withdraw their candidacy in support of Azerbaijan. Bulgaria followed suit and withdrawn its candidacy.
China has launched two multimodal transport routes to Central Asia. The first goes to Kazakhstan’s Almaty and a second one goes the capital city of Kyrgyzstan, Bishkek. The majority of both services is being carried out via rail.
The European Union has also recognized Kazakhstan's importance, but better physical connectivity is essential to improving economic relations. Therefore, new direct flights would be launched, from which Hungary could also benefit.
The practical implementation of economic neutrality allows German and Chinese companies to cooperate freely in Hungary, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó emphasized on Tuesday at the BYD Suppliers' Forum in Budapest.