Azerbaijan

Central Bank: USD official rate on Wednesday will be 1,5915 AZN
Finance

Central Bank: USD official rate on Wednesday will be 1,5915 AZN

  • 02 August, 2016
  • 13:45
Demand exceeded supply for 10 times at today's currency auction
Finance

Demand exceeded supply for 10 times at today's currency auction

  • 02 August, 2016
  • 13:25
Embassy: Position of Israeli government on so called Armenian tragedy remains unchanged
Foreign policy

Embassy: Position of Israeli government on so called Armenian tragedy remains unchanged

  • 02 August, 2016
  • 11:58
Number of Azerbaijani tourists in Georgia increased by over 15%
Tourism

Number of Azerbaijani tourists in Georgia increased by over 15%

  • 02 August, 2016
  • 11:49
Azerbaijan up 12 points at UN's E-Government Development Index ranking
ICT

Azerbaijan up 12 points at UN's E-Government Development Index ranking

  • 02 August, 2016
  • 11:38
SOCAR imported in Georgia 264,000 tons of Azerbaijani oil products in 2015
Energy

SOCAR imported in Georgia 264,000 tons of Azerbaijani oil products in 2015

  • 02 August, 2016
  • 10:55
Kremlin: Russian President to visit Azerbaijan on August 8
Foreign policy

Kremlin: Russian President to visit Azerbaijan on August 8

  • 02 August, 2016
  • 10:37
Earthquake resistance of high rise buildings will be checked in Baku
Incident

Earthquake resistance of high rise buildings will be checked in Baku

  • 02 August, 2016
  • 10:10
Azerbaijani team will play in Europa League qualifying round
Football

Azerbaijani team will play in Europa League qualifying round

  • 02 August, 2016
  • 09:58
SOCAR spent 23 mln AZN in 2015 to improve environmental condition
Ecology

SOCAR spent 23 mln AZN in 2015 to improve environmental condition

  • 02 August, 2016
  • 09:38
Seismically active regions of Azerbaijan announced - LIST
Incident

Seismically active regions of Azerbaijan announced - LIST

  • 02 August, 2016
  • 09:18
Temperature will rise to 38 C in Azerbaijan
Ecology

Temperature will rise to 38 C in Azerbaijan

  • 02 August, 2016
  • 09:09
President Ilham Aliyev allocates 8 mln AZN for construction of Khizi-Altiagaj highway
Infrastructure

President Ilham Aliyev allocates 8 mln AZN for construction of Khizi-Altiagaj highway

  • 02 August, 2016
  • 08:58
SOFAZ sells 49,1 million USD to banks
Finance

SOFAZ sells 49,1 million USD to banks

  • 02 August, 2016
  • 08:41
Azerbaijan's Chief Pediatrician warns parents
Health

Azerbaijan's Chief Pediatrician warns parents

  • 02 August, 2016
  • 08:24
Azercell extends list of countries with a single discounted rate
Infrastructure

Azercell extends list of countries with a single discounted rate

  • 02 August, 2016
  • 08:13
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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.