Azerbaijan

'Alfa Insurance' and 'Kapital Menecment' will be put on sale
Finance

'Alfa Insurance' and 'Kapital Menecment' will be put on sale

  • 05 July, 2016
  • 10:40
Ranking of banks on dynamics of total capital (TOP-10)
Finance

Ranking of banks on dynamics of total capital (TOP-10)

  • 05 July, 2016
  • 10:24
Ranking of banks on dynamics of authorized capital (TOP-10)
Finance

Ranking of banks on dynamics of authorized capital (TOP-10)

  • 05 July, 2016
  • 10:07
Number of missing persons as a result of the Armenian-Azerbaijani conflict issued
Karabakh

Number of missing persons as a result of the Armenian-Azerbaijani conflict issued

  • 05 July, 2016
  • 09:56
Ranking of banks on dynamics of deposits (TOP-10)
Finance

Ranking of banks on dynamics of deposits (TOP-10)

  • 05 July, 2016
  • 09:39
'Accessbank' CJSC attracts a foreign loan
Finance

'Accessbank' CJSC attracts a foreign loan

  • 05 July, 2016
  • 09:21
Hassan Rouhani: 'Next month's upcoming visit to Azerbaijan will further stimulate development of ties'
Foreign policy

Hassan Rouhani: 'Next month's upcoming visit to Azerbaijan will further stimulate development of ties'

  • 05 July, 2016
  • 09:10
The weather will be rainy on the day of Eid-al-Fitr
Ecology

The weather will be rainy on the day of Eid-al-Fitr

  • 05 July, 2016
  • 08:52
AFFA President: 'New program is underway for Azerbaijani football's development'
Football

AFFA President: 'New program is underway for Azerbaijani football's development'

  • 05 July, 2016
  • 08:34
Ramin Musayev re-elected Professional Football League president
Football

Ramin Musayev re-elected Professional Football League president

  • 05 July, 2016
  • 07:52
'ASAN service' centers will not work for 2 days
Social security

'ASAN service' centers will not work for 2 days

  • 05 July, 2016
  • 07:27
‘Kapital Bank’ clients presented tour packages
Finance

‘Kapital Bank’ clients presented tour packages

  • 05 July, 2016
  • 07:16
Ranking of banks on dynamics of non-performed loans (TOP-5)
Finance

Ranking of banks on dynamics of non-performed loans (TOP-5)

  • 05 July, 2016
  • 07:05
Baku-Tbilisi-Kars trains will be demonstrated in Germany
Infrastructure Photo

Baku-Tbilisi-Kars trains will be demonstrated in Germany

  • 05 July, 2016
  • 06:42
Zakir Hasanov: 'April battles proved fighting spirit, combat capability and power of Azerbaijani Army'
Military

Zakir Hasanov: 'April battles proved fighting spirit, combat capability and power of Azerbaijani Army'

  • 05 July, 2016
  • 06:23
Azerbaijani masters will attend International Fireworks Festival in Moscow
Art

Azerbaijani masters will attend International Fireworks Festival in Moscow

  • 05 July, 2016
  • 06:11
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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.