Azerbaijan

CBA currency exchange rates (04.03.2019)
Finance
CBA currency exchange rates (04.03.2019)
  • 04 March, 2019
  • 05:35
Ilham Aliyev receives credentials of incoming ambassadors of Venezuela, Rwanda and Thailand
Photo
Foreign policy
Ilham Aliyev receives credentials of incoming ambassadors of Venezuela, Rwanda and Thailand
  • 04 March, 2019
  • 05:14
President Ilham Aliyev watched Baku 2019: Stars Final
Photo
Football
President Ilham Aliyev watched "Baku 2019: Stars Final"
  • 04 March, 2019
  • 05:06
Azerbaijani athlete claims European crown
Photo
Individual sports
Azerbaijani athlete claims European crown
  • 04 March, 2019
  • 05:01
Two Georgian national teams entrusted to former head coach and footballer of Keshla FC
Football
Two Georgian national teams entrusted to former head coach and footballer of Keshla FC
  • 02 March, 2019
  • 12:33
TV spot about Baku Higher Oil School aired in Japan
Education and science
TV spot about Baku Higher Oil School aired in Japan
  • 02 March, 2019
  • 09:41
Rain, snow predicted tomorrow, strong wind will blow - WARNING
Ecology
Rain, snow predicted tomorrow, strong wind will blow - WARNING
  • 02 March, 2019
  • 09:13
Mehman Huseynov released from jail
Incident
Mehman Huseynov released from jail
  • 02 March, 2019
  • 07:52
Croatian national team player: “Meeting with Azerbaijan will be tough”
Football
Croatian national team player: “Meeting with Azerbaijan will be tough”
  • 02 March, 2019
  • 06:15
Azerbaijan marks 27th year of UN membership
Foreign policy
Azerbaijan marks 27th year of UN membership
  • 02 March, 2019
  • 05:53
Armenians violate ceasefire 21 times throughout the day
Karabakh
Armenians violate ceasefire 21 times throughout the day
  • 02 March, 2019
  • 05:50
Elman Rustamov: Banking sector to get double benefit from President’s decree
Finance
Elman Rustamov: Banking sector to get double benefit from President’s decree
  • 01 March, 2019
  • 13:33
Elman Rustamov: President said financial assets not so important in regard to problem loans
Finance
Elman Rustamov: President said financial assets not so important in regard to problem loans
  • 01 March, 2019
  • 13:32
Reason for settlement of issues on problem loans this year announced
Finance
Reason for settlement of issues on problem loans this year announced
  • 01 March, 2019
  • 12:38
Date of end of hunting season in Azerbaijan announced
Ecology
Date of end of hunting season in Azerbaijan announced
  • 01 March, 2019
  • 12:36
SOCAR's Marketing and Economic Operations Department remains leader among state-owned non-oil exporters
Business
SOCAR's Marketing and Economic Operations Department remains leader among state-owned non-oil exporters
  • 01 March, 2019
  • 12:28
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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.