The leaders of Azerbaijan, Georgia, Hungary and Romania finalise an agreement on an undersea electricity connector that could become a new power source for the European Union amid an energy crunch
The leaders of Hungary, Azerbaijan, the European Commission, Romania and Georgia applaud after a signing ceremony at the Cotroceni presidential palace in Bucharest, Romania.
The deal comes as Hungary, which has lobbied heavily against EU sanctions on Russia, is seeking additional sources for fossil fuels to reduce its heavy dependence on Russian oil and gas. Hungarian Prime Minister Viktor Orban, Romanian President Klaus Iohannis, Georgian Prime Minister Irakli Garibashvili and Azerbaijani President Ilham Aliyev attended the signing event alongside European Commission President Ursula von der Leyen.
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