History
The Baku Initiative is originating from the European Neighbourhood Policy launched in 2004. On 13 November 2004, the First Ministerial Conference on Energy Cooperation between the EU and the littoral states of the Black Sea, Caspian Sea and their neighbours was held in Baku. Conclusions of this conference became known as the Baku Initiative. At the same time, a Transport Ministeral conference was held, resulting in a formal announcement on 14 November, supporting the framework of the EU TRACECA programme. A second Ministerial Conference following up the Energy Initiative was held in Astana, Kazakhstan on 30 November 2006. A second Transport Ministerial Conference was held in Sofia, Bulgaria on 2–3 May 2006.
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