Azerbaijan

CBA currency exchange rates (18.01.2019)
Finance
CBA currency exchange rates (18.01.2019)
  • 18 January, 2019
  • 05:24
Azerbaijan's embassy to Moscow did not receive any note from Russian Foreign Ministry - OFFICIAL
Foreign policy
Azerbaijan's embassy to Moscow did not receive any note from Russian Foreign Ministry - OFFICIAL
  • 18 January, 2019
  • 05:14
Georgian political expert: The perpetrators of January 20 tragedy must be held accountable
Region
Georgian political expert: The perpetrators of January 20 tragedy must be held accountable
  • 18 January, 2019
  • 04:41
Member of European Parliament: We should preserve close relations with Azerbaijan
Foreign policy
Member of European Parliament: We should preserve close relations with Azerbaijan
  • 17 January, 2019
  • 13:47
Private sector exports in Azerbaijan rise by 22%
Finance
Private sector exports in Azerbaijan rise by 22%
  • 17 January, 2019
  • 13:37
SOCAR exports 1.3 million tonnes of oil via Baku-Novorossiysk pipeline
Energy
SOCAR exports 1.3 million tonnes of oil via Baku-Novorossiysk pipeline
  • 17 January, 2019
  • 13:24
Azerbaijan increases gas production about 2 bcm
Energy
Azerbaijan increases gas production about 2 bcm
  • 17 January, 2019
  • 13:19
Investments in Azerbaijan’s fixed capital fall by 4%
Finance
Investments in Azerbaijan’s fixed capital fall by 4%
  • 17 January, 2019
  • 13:17
Anar Aliyev: “Next stage of reforms, which is based on new working principles, starts in tax system”
Finance
Anar Aliyev: “Next stage of reforms, which is based on new working principles, starts in tax system”
  • 17 January, 2019
  • 13:17
Ambassador Ali Alizada: Martyrs of Pakistan and Azerbaijan shall never be forgotten
Foreign policy
Ambassador Ali Alizada: Martyrs of Pakistan and Azerbaijan shall never be forgotten
  • 17 January, 2019
  • 13:06
Azerbaijan announces volumes of average daily oil and gas production
Energy
Azerbaijan announces volumes of average daily oil and gas production
  • 17 January, 2019
  • 11:34
Azerbaijan produces 38.8 million tonnes of oil last year
Energy
Azerbaijan produces 38.8 million tonnes of oil last year
  • 17 January, 2019
  • 11:13
Azerbaijan exported 7.9 bcm of gas in 2018
Energy
Azerbaijan exported 7.9 bcm of gas in 2018
  • 17 January, 2019
  • 10:21
Azerbaijan and Iran expand military cooperation
Photo
Military
Azerbaijan and Iran expand military cooperation
  • 17 January, 2019
  • 10:19
Azerbaijan increases car import 2.2-fold
Business
Azerbaijan increases car import 2.2-fold
  • 17 January, 2019
  • 10:15
Azerbaijan increases oil export
Energy
Azerbaijan increases oil export
  • 17 January, 2019
  • 10:06
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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.