Azerbaijan

Azerbaijani oil price exceeds 56 USD
Energy
Azerbaijani oil price exceeds 56 USD
  • 18 January, 2017
  • 05:47
President Ilham Aliyev met with managing director of VPS Healthcare
Energy
President Ilham Aliyev met with managing director of VPS Healthcare
  • 18 January, 2017
  • 05:31
President Ilham Aliyev met with Chief Executive Officer of LafargeHolcim
Foreign policy
President Ilham Aliyev met with Chief Executive Officer of LafargeHolcim
  • 18 January, 2017
  • 05:13
Ranking of Azerbaijani public and private institutions on foreign cash currency transactions
Finance
Ranking of Azerbaijani public and private institutions on foreign cash currency transactions
  • 17 January, 2017
  • 14:22
Creditor committees will be established in liquidated Azerbaijani banks
Finance
Creditor committees will be established in liquidated Azerbaijani banks
  • 17 January, 2017
  • 13:56
Azerbaijani Foreign Minister leaves for Malaysia
Foreign policy
Azerbaijani Foreign Minister leaves for Malaysia
  • 17 January, 2017
  • 13:48
Azerbaijan Academic Drama Theatre will premiere Jafar Jabbarly's 'Almaz' play
Art
Azerbaijan Academic Drama Theatre will premiere Jafar Jabbarly's 'Almaz' play
  • 17 January, 2017
  • 13:32
Azer Turk Bank completes project jointly implemented with 'ASAN Service'
Photo
Finance
Azer Turk Bank completes project jointly implemented with 'ASAN Service'
  • 17 January, 2017
  • 13:24
Azerbaijani women's national taekwondo team meets new manager
Individual sports
Azerbaijani women's national taekwondo team meets new manager
  • 17 January, 2017
  • 13:15
“Azmethanol” assets estimated 800 mln AZN
Finance
“Azmethanol” assets estimated 800 mln AZN
  • 17 January, 2017
  • 12:46
'Inner City' film will be shown at Indian Yashwant festival
Art
'Inner City' film will be shown at Indian Yashwant festival
  • 17 January, 2017
  • 12:16
Chinese leader formally opens World Economic Forum in Davos
Foreign policy
Chinese leader formally opens World Economic Forum in Davos
  • 17 January, 2017
  • 12:07
Vice-President of Islamic Development Bank will visit Baku - EXCLUSIVE
Finance
Vice-President of Islamic Development Bank will visit Baku - EXCLUSIVE
  • 17 January, 2017
  • 11:56
Industrial production decreased in Azerbaijan
Industry
Industrial production decreased in Azerbaijan
  • 17 January, 2017
  • 11:47
Shahin Mustafayev: Czech companies invested 1.3 bln USD in Azerbaijan's main capital
Business
Shahin Mustafayev: Czech companies invested 1.3 bln USD in Azerbaijan's main capital
  • 17 January, 2017
  • 11:22
What language options do Azerbaijani banks provide for customers? - MONITORING
Finance
What language options do Azerbaijani banks provide for customers? - MONITORING
  • 17 January, 2017
  • 10:58
1 ... 1408 1409 1410 1411 1412 ... 1482

Azerbaijan: History, Geography, Economy, and Culture

Azerbaijan (officially the Republic of Azerbaijan, azerb. Azərbaycan Respublikası) is a transcontinental sovereign state located in the Caucasus region at the crossroads of Eastern Europe and Western Asia. Bounded by the Caspian Sea to the east, Russia to the north, Georgia to the northwest, Armenia to the west, and Iran to the south—with an exclave in Nakhchivan bordered by Turkey—the country spans over 86,600 square kilometers. As a secular democratic republic with its capital and largest city in Baku, Azerbaijan is renowned for its ancient history as the "Land of Fire," its immense energy resources, and its rapidly modernizing geopolitical and economic standing.

1. Geography and Environment

Varied Landscapes: Despite its moderate size, Azerbaijan encompasses nine of the world's eleven climate zones, featuring the dramatic mountain ranges of the Greater and Lesser Caucasus, fertile river valleys, and the vast expanse of the Caspian coastline.

Natural Wealth: The country possesses profound natural reserves, notably immense offshore oil and natural gas fields, as well as mineral deposits including iron, aluminum, and copper.

2. Historical Background and Statehood

Ancient and Medieval Roots: The territory has hosted ancient civilizations, Caucasian Albania, and prominent medieval states and principalities, serving as a vital nexus along the historic Silk Road connecting East and West.

Democratic Republic and Soviet Era: In 1918, Azerbaijan established the Azerbaijan Democratic Republic—the first secular parliamentary republic in the Muslim world. Following incorporation into the Soviet Union as the Azerbaijan SSR, the nation restored its full independence on October 18, 1991, following the dissolution of the USSR.

3. Economy and Infrastructure

Energy Backbone: Azerbaijan is a major global energy supplier, anchored by monumental infrastructure projects like the Baku-Tbilisi-Ceyhan oil pipeline and the Southern Gas Corridor, supplying energy security across Eurasia.

Diversification and Transport: Beyond oil and gas, the economy features robust agricultural sectors (renowned for cotton, tea, citrus fruits, and wine), a growing non-oil industrial base, and strategic transport corridors linking Central Asia and China with Europe via the Trans-Caspian International Transport Route.

Global Hosting: The country has built a strong international reputation for hosting major global events, including the Formula 1 Azerbaijan Grand Prix, high-profile sports championships, and international climate forums such as COP29.

4. Culture, Heritage, and Arts

Cultural Tapestry: Azerbaijani culture is celebrated for its rich musical heritage (including traditional Mugham, recognized by UNESCO), intricate carpet-weaving traditions, exquisite cuisine (such as plov, dolma, and kebabs), and world-class architectural monuments like the UNESCO-listed Old City of Baku and the medieval petroglyphs of Gobustan.