Azerbaijan

CBA currency exchange rates (11.07.2019)
Finance

CBA currency exchange rates (11.07.2019)

  • 11 July, 2019
  • 06:52
Azerbaijani oil price rises by over $2
Energy

Azerbaijani oil price rises by over $2

  • 11 July, 2019
  • 06:07
Batumi hosts international conference dedicated to 10th anniversary of Eastern Partnership
Foreign policy

Batumi hosts international conference dedicated to 10th anniversary of Eastern Partnership

  • 11 July, 2019
  • 05:35
Comparatively quiet situation was observed on the line of contact
Karabakh

Comparatively quiet situation was observed on the line of contact

  • 11 July, 2019
  • 05:20
Supreme Allied Commander Europe: NATO supports the territorial integrity, independence, and sovereignty of Azerbaijan
Military

Supreme Allied Commander Europe: NATO supports the territorial integrity, independence, and sovereignty of Azerbaijan

  • 10 July, 2019
  • 14:04
Chief of General Staff of Armed Forces of Azerbaijan met with Supreme Allied Commander Europe - VIDEO
Military

Chief of General Staff of Armed Forces of Azerbaijan met with Supreme Allied Commander Europe - VIDEO

  • 10 July, 2019
  • 13:36
Chiefs of General Staff of Armed Forces of Azerbaijan and Russia discussed topical issues of military-technical cooperation
Foreign policy

Chiefs of General Staff of Armed Forces of Azerbaijan and Russia discussed topical issues of military-technical cooperation

  • 10 July, 2019
  • 13:23
Mehriban Aliyeva met with MEDEF President
Foreign policy Photo

Mehriban Aliyeva met with MEDEF President

  • 10 July, 2019
  • 13:00
President Ilham Aliyev receives representatives of MEDEF member companies
Foreign policy Photo

President Ilham Aliyev receives representatives of MEDEF member companies

  • 10 July, 2019
  • 12:15
Azerbaijan cuts daily oil output by 8,000 barrels in June
Energy

Azerbaijan cuts daily oil output by 8,000 barrels in June

  • 10 July, 2019
  • 11:53
Georgia appoints new Consul General to Azerbaijan
Foreign policy

Georgia appoints new Consul General to Azerbaijan

  • 10 July, 2019
  • 11:17
Relative humidity of air  to increase, meteo sensitive people might feel discomfort - FORECAST
Ecology

Relative humidity of air to increase, meteo sensitive people might feel discomfort - FORECAST

  • 10 July, 2019
  • 10:48
Special representative of US State Department urged to draw attention to Armenian Anti-Semitism
Region

Special representative of US State Department urged to draw attention to Armenian Anti-Semitism

  • 10 July, 2019
  • 10:31
Minister: We will claim for inclusion of several sites to UNESCO World Heritage List next year
Cultural policy

Minister: We will claim for inclusion of several sites to UNESCO World Heritage List next year

  • 10 July, 2019
  • 09:37
Minister of Culture of Azerbaijan urge entrepreneurs not to touch historical monuments
Cultural policy

Minister of Culture of Azerbaijan urge entrepreneurs not to touch historical monuments

  • 10 July, 2019
  • 09:23
Abulfas Garayev: We should not rely only on inclusion of Sheki on UNESCO World Heritage List
Cultural policy

Abulfas Garayev: We should not rely only on inclusion of Sheki on UNESCO World Heritage List

  • 10 July, 2019
  • 08:34
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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.