Azerbaijan

More than half of Formula 1 Azerbaijan Grand Prix spectators will be foreigners
Individual sports
More than half of Formula 1 Azerbaijan Grand Prix spectators will be foreigners
  • 30 May, 2017
  • 09:00
Lightning, heavy rain predicted in Azerbaijan - WARNING
Ecology
Lightning, heavy rain predicted in Azerbaijan - WARNING
  • 30 May, 2017
  • 08:52
Central Bank of Azerbaijan plans to cut interest rate
Finance
Central Bank of Azerbaijan plans to cut interest rate
  • 30 May, 2017
  • 08:43
BBF hosts Milan Chamber of Commerce experts to discuss tourism development in Azerbaijan
Photo
Tourism
BBF hosts Milan Chamber of Commerce experts to discuss tourism development in Azerbaijan
  • 30 May, 2017
  • 08:25
Elman Rustamov: We don’t see a risk of manat’s decline until year-end
Finance
Elman Rustamov: We don’t see a risk of manat’s decline until year-end
  • 30 May, 2017
  • 08:16
Northern Ireland coach: If we do not win Azerbaijan, we won't able to keep our current position
Football
Northern Ireland coach: If we do not win Azerbaijan, we won't able to keep our current position
  • 30 May, 2017
  • 08:07
Discussions with Azerbaijani banks over non-performing loans started
Finance
Discussions with Azerbaijani banks over non-performing loans started
  • 30 May, 2017
  • 07:58
President Ilham Aliyev receives delegation led by Statoil Executive Vice-President
Foreign policy
President Ilham Aliyev receives delegation led by Statoil Executive Vice-President
  • 30 May, 2017
  • 07:50
Another 5 troubled banks in Azerbaijan under special control
Finance
Another 5 troubled banks in Azerbaijan under special control
  • 30 May, 2017
  • 07:33
Over $ 1.1 bln invested in Azerbaijan as a result of privatization
Business
Over $ 1.1 bln invested in Azerbaijan as a result of privatization
  • 30 May, 2017
  • 07:24
Central Bank of Azerbaijan prepares comprehensive proposals on reforms
Finance
Central Bank of Azerbaijan prepares comprehensive proposals on reforms
  • 30 May, 2017
  • 07:08
Oil prices decline stimulated economic reforms transition in Azerbaijan to a new stage
Finance
Oil prices decline stimulated economic reforms transition in Azerbaijan to a new stage
  • 30 May, 2017
  • 06:52
Vusal Gasimli: Actual GDP in Azerbaijan was lower than potential GDP
Finance
Vusal Gasimli: Actual GDP in Azerbaijan was lower than potential GDP
  • 30 May, 2017
  • 06:34
Iran requires Turkmenistan to reduce gas price
Energy
Iran requires Turkmenistan to reduce gas price
  • 30 May, 2017
  • 06:25
OSCE Secretary General to discuss Karabakh conflict settlement in Armenia
Karabakh
OSCE Secretary General to discuss Karabakh conflict settlement in Armenia
  • 30 May, 2017
  • 06:16
Exchange Rates of Central Bank (30.05.2017)
Finance
Exchange Rates of Central Bank (30.05.2017)
  • 30 May, 2017
  • 06:08
1 ... 1185 1186 1187 1188 1189 ... 1483

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.