Azerbaijan

Ranking of banks on annual dynamics of assets (TOP-10)
Finance

Ranking of banks on annual dynamics of assets (TOP-10)

  • 01 July, 2016
  • 06:35
MIA officials visited Alley of Honor and Alley of Martyrs
Domestic policy Photo

MIA officials visited Alley of Honor and Alley of Martyrs

  • 01 July, 2016
  • 06:28
Azerbaijani oil price reduced on markets
Energy

Azerbaijani oil price reduced on markets

  • 01 July, 2016
  • 05:31
Armenians violated ceasefire 4 times in a day
Karabakh

Armenians violated ceasefire 4 times in a day

  • 01 July, 2016
  • 05:22
John Kerry and Ilham Aliyev discuss recent work on settlement of Nagorno-Karabakh conflict
Karabakh

John Kerry and Ilham Aliyev discuss recent work on settlement of Nagorno-Karabakh conflict

  • 01 July, 2016
  • 05:13
Turkish Energy Minister: “Southern Gas Corridor and TANAP projects are main energy models”
Energy

Turkish Energy Minister: “Southern Gas Corridor and TANAP projects are main energy models”

  • 30 June, 2016
  • 14:03
Huseyngulu Baghirov: 'Trees are protected so that citizens plant trees to prevent construction'
Ecology

Huseyngulu Baghirov: 'Trees are protected so that citizens plant trees to prevent construction'

  • 30 June, 2016
  • 13:52
Central Bank: USD official rate tomorrow will be 1,5425 AZN
Finance

Central Bank: USD official rate tomorrow will be 1,5425 AZN

  • 30 June, 2016
  • 13:18
Foreign Minister: Azerbaijan has a freedom of speech
Foreign policy

Foreign Minister: "Azerbaijan has a freedom of speech"

  • 30 June, 2016
  • 12:25
Azerbaijani FM: Substantive talks launched at meeting of presidents in St. Petersburg
Karabakh

Azerbaijani FM: "Substantive talks launched at meeting of presidents in St. Petersburg"

  • 30 June, 2016
  • 12:16
Elmar Mammadyarov: Russian FM will pay a visit to Azerbaijan
Foreign policy

Elmar Mammadyarov: "Russian FM will pay a visit to Azerbaijan"

  • 30 June, 2016
  • 11:58
Turkish Ambassador thanks Azerbaijani President and the people
Foreign policy

Turkish Ambassador thanks Azerbaijani President and the people

  • 30 June, 2016
  • 11:49
OSCE Chairperson-in-Office: It’s necessary to restore peace in the South Caucasus
Karabakh

OSCE Chairperson-in-Office: "It’s necessary to restore peace in the South Caucasus"

  • 30 June, 2016
  • 11:40
Foreign Minister: Azerbaijan-Germany relations are developing very successfully
Foreign policy

Foreign Minister: "Azerbaijan-Germany relations are developing very successfully"

  • 30 June, 2016
  • 11:32
US Senate approves financial aid to Azerbaijan and Armenia
Foreign policy

US Senate approves financial aid to Azerbaijan and Armenia

  • 30 June, 2016
  • 11:24
OSCE Chairperson-in-Office and Azerbaijani Foreign Minister meet in Baku - PHOTO
Foreign policy Photo

OSCE Chairperson-in-Office and Azerbaijani Foreign Minister meet in Baku - PHOTO

  • 30 June, 2016
  • 11:16
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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.