top of page
Online Payment
Azerbaijan to render financial assistance to Afghanistan
17.01.2013 13:06
A A
Azerbaijan International Development Agency (AIDA) of the Ministry of Foreign Affairs has provided $150 000 financial aid to Afghanistan within the United Nations Development Programme (UNDP), the UN Baku office told.

The funds allocated by the Azerbaijani government will be used for application of e-governance methods as a pilot. It is directly related with Azerbaijan`s successful e-governance experience.

"The future of Afghanistan has a special importance for both global security and stability; Azerbaijan actively supports the fraternal-Afghan people in solution of the country's problems," said UN Baku office.

President Ilham Aliyev`s speech made in May in the NATO Summit in Chicago also underlines this.
Dear User, please take into the consideration the fact that all news are posted to our portal automatically by the system and no human factor is used to estimate the content of information, therefore if you consider this article non-ethical, offensive, illegal or incorrect, we kindly ask you to inform us about this issue.
Important news
Popular news
  • Armenia violates ceasefire with Azerbaijan 60 times within 24 hours
    28.05.2015 12:08
    Baku, Azerbaijan, May 28Trend:Armenia armed forces have broken the ceasefire with Azerbaijan 60 times in numerous positions in the last 24 hours, Azerbaijani Defense Ministry said May 28.Armenian armed forces, located in the village of Aygepar of Armenia's Berd district, opened fire at the posit...
  • Governor of California congratulates people of Azerbaijan on Republic Day
    28.05.2015 11:26
    The Californian governor has congratulated the people of Azerbaijan on the Republic Day.The Governor of California Jerry Brown has extended his congratulations to the people of Azerbaijan and the Azerbaijani community in California on the occasion of the 97th anniversary of the Azerbaijan Democratic...
  • Turkmenistan to up power supply to Afghanistan
    28.05.2015 10:52
    /By AzerNews/By Aynur KarimovaAshgabat and Kabul have reached an agreement to supply electricity from Turkmenistan to Afghanistan in 2018-2027 and to increase the volume of exported electricity four-fold in this period.This was noted in a protocol signed between the Turkmen Energy Minister and Afgha...
  • Azerbaijan celebrates 28 May - Republic Day
    28.05.2015 09:29
    The first secular republic in the Muslim East is today marking its 97th anniversary.Today, 28 May, Azerbaijan is marking one of the most striking and significant days in its history - the creation of the Azerbaijan Democratic Republic - ADR (AzЙ™rbaycan Xalq CumhuriyyЙ™ti), which was the first...
  • Macedonia has Azerbaijani gas in its sight
    28.05.2015 08:02
    Baku, Azerbaijan, May 28By Maksim Tsurkov - Trend:In Europe more and more countries are willing to reduce their dependence on Russia's gas, and therefore are looking at the Southern Gas Corridor, which is to deliver Azerbaijani gas to the EU's borders.This is especially important for the Bal...
NEWS STORY
  • Nuclear deal not to have great impact on inflation in Iran
    29.05.2015 01:56
    http://cdn.trend.az/pictures/2013/01/12/Iran_nuclear_program_120113_5.jpg
    http://cdn.trend.az/pictures/2013/01/12/Iran_nuclear_program_120113_5.jpg
    Tehran, Iran, May 27

    By Mehdi Sepahvand - Trend:

    While Iranian diplomats are negotiating a deal with the group P5 1 (the US, UK, France, Russia, China, and Germany) on the country's nuclear program, the people of the country are expecting a relief from inflation and high living costs after the prospective deal.

    To be reached by the end of June, the deal is expected to remove economic sanctions on Iran that have greatly increased end user prices in the Iranian market.

    However, there are some who believe that relegating too much to the nuclear agreement is not realistic.

    "I do not believe that great changes will occur when a nuclear deal is struck. It is a wrong impression that prices will fall noticeably; that is an impossibility," Seyyed Nasser Mousavi Largani, deputy chairman of the Economic Committee of Iran's Parliament told trend May 27.

    The Iranian MP dismissed relations between the sanctions and inflation, noting that countries that are not exposed to sanctions also have similar inflation rates.

    According to Largani, the production section was one of the parts hit worse by sanctions.

    Production companies in neighbor countries have markets in different places where they can sell their products, but Iranian producers cannot sell theirs because of the sanctions, the MP said.

    He concluded that the removal of the sanctions will improve production and labor status in Iran.

    The Central Bank of Iran (CBI) announced that the inflation rate for the 12-month period to the second Iranian calendar month of Ordibehesht (ended on May 21) hit 15.5 percent.

    The Central Bank also said that the consumer price index (CPI) in Iran's urban areas stood at 221.8 units in the second month of the current fiscal year, which is one percent more than its preceding month.

    The figure also indicates an increase by 16.2 percent compared to the same month of last year.

    Edited by CN

    Follow the author on Twitter: @mehdisepahvand

    Stay up to date with latest Iran news on our specialized Facebook page

    Follow us on Twitter @
    13
  • U.S. Energy Secretary Moniz to join in Saturday Iran nuclear talks
    29.05.2015 01:13
    http://cdn.trend.az/pictures/2015/05/29/ernest-moniz_290515.jpg
    http://cdn.trend.az/pictures/2015/05/29/ernest-moniz_290515.jpg
    May 28 U.S. Energy Secretary Ernest Moniz will join U.S. Secretary of State John Kerry for nuclear negotiations with Iranian officials in Geneva on Saturday, the U.S. Energy Department said in a statement on Thursday, Reuters reported.

    Moniz, who will return to Washington on Sunday, has taken part in earlier rounds of the negotiations, which are seeking to curb Iran's nuclear program in exchange for relief from economic sanctions that have crippled the Iranian economy.

    The United States and five other powers aim to conclude a deal with Iran by June 30.

    Stay up to date with latest Iran news on our specialized Facebook page

    Follow us on Twitter @
    5
  • Iran to announce readiness for economic cooperation with US
    29.05.2015 01:12
    http://cdn.trend.az/pictures/2015/04/27/usa_iran_flags_270415.jpg
    http://cdn.trend.az/pictures/2015/04/27/usa_iran_flags_270415.jpg
    Tehran, Iran, May 27

    By Mehdi Sepahvand - Trend:

    Alongside political developments, there have recently been reports that Iran and the US intend to conduct economic relations, many of which have been dismissed as false.

    However, the Iranian World Trade Center intends to make an announcement on its readiness to conduct relations with the US business and trade section.

    The announcement is planned to be made in a few weeks, Mohammad Reza Sabzalipour, head of the center told Trend May 27.

    However, he noted that a mere readiness by the non-governmental section is not enough for conducting business relations.

    Governmental support is needed in order that such moves take effect, he said.

    Sabzalipour expressed pity that governmental organizations and ministries are not properly coordinated in order to support new proposals such as the trade's upcoming announcement.

    He also dismissed reports that recently trade delegations from the US had visited Tehran.

    The Iranian administration recently recommended the country's businessmen to start trade with the US.

    Iran-US relations have been tense for decades, but now they seem to be thawing as the political leaders of the countries have started diplomatic relations of some sort.

    In April, a delegation of US entrepreneurs, investors and consultants traveled to Iran to explore the post-sanctions Iran business potentials.

    The Iran- US trade totaled $154.312 million in the past Iranian fiscal year, which ended on March 20, according to the Iran Customs Administration. Iran imported $154.117 million worth of products from the US and exported $195,616 worth of goods to the US in the past fiscal year.

    Edited by CN

    Follow the author on Twitter: @mehdisepahvand

    Follow us on Twitter @
    2
  • Oil prices to remain at under $80 a barrel for 3-7 years '" LUKoil
    28.05.2015 23:52
    http://cdn.trend.az/pictures/2013/11/25/vagit_alekperov_251113.jpg
    http://cdn.trend.az/pictures/2013/11/25/vagit_alekperov_251113.jpg
    LUKoil head said that he did not expect the Organization of the Petroleum Exporting Countries (OPEC) to agree on cutting oil production during its upcoming meeting, set to kick off on June 5.

    "We believe that oil prices in the coming years are unlikely to exceed $75-80, this in a medium-term period, from three to seven years," Alekperov said in an interview with Rossiya-24 television channel.

    Oil prices more than halved during the last six months of 2014 amid oversupply in the market.

    After reaching a five-year low of under $50 per barrel in January, Brent crude futures currently stand at some $62, while WTI crude stands at nearly $57 per barrel.

    During its last meeting in November 2014, OPEC, whose 12 member states account for over a third of the world's oil output, decided against trying to boost plummeting oil prices through production cuts.

    Follow us on Twitter @
    14
  • Riga Summit reaffirmed EU's commitment to Eastern Partnership
    28.05.2015 22:14
    http://cdn.trend.az/pictures/2014/12/08/johannes_hahn_081214.jpg
    http://cdn.trend.az/pictures/2014/12/08/johannes_hahn_081214.jpg
    Baku, Azerbaijan, May 28

    By Jamila Aliyeva - Trend:

    Riga Summit reaffirmed EU's commitment to Eastern Partnership, EU Commissioner for European Neighbourhood Policy and Enlargement Johannes Hahn wrote in his Twitter account.

    But we have to adapt the policy to the reality on the ground, he said.

    Eastern Partnership is a program of the European Union, aimed at the development of the EU integration relations with six countries, namely, Azerbaijan, Ukraine, Moldova, Armenia, Georgia and Belarus.

    In October 2014, the European Parliament approved the new composition of the European Commission. Starting from November 1, Austrian politician Johannes Hahn succeeded Stefan Fule at the post of European Commissioner for European Neighbourhood and Enlargement Negotiations.

    Follow us on Twitter @
    18
  • CBI puts Iran в's inflation rate at 15.5%
    28.05.2015 21:22
    http://cdn.trend.az/pictures/2012/02/06/Central_bank_Iran.jpg
    http://cdn.trend.az/pictures/2012/02/06/Central_bank_Iran.jpg
    Baku, Azerbaijan, May 26

    By Umid Niayesh - Trend:

    The Central Bank of Iran (CBI) announced that the inflation rate for the 12-month period to the second Iranian calendar month of Ordibehesht (ended on May 21) hit 15.5 percent, no change from the preceding month.

    However, the Statistical Center of Iran has put the inflation rate for the 12-month period to Ordibehesht 14.3 percent, 0.2 percent less than the previous month.

    The country's point-to-point inflation in the mentioned month was 16.2 percent, official website of the CBI reported May 26.

    The point-to-point inflation rate statistics identify the rate between distinct points in time, such as the inflation rate at the end of a month compared to the rate of inflation at the end of the same month in the previous year.

    The Central Bank also said that the consumer price index (CPI) in Iran 's urban areas stood at 221.8 units in the second month of the current fiscal year, which is one percent more than its preceding month.

    The figure also indicates an increase by 16.2 percent compared to the same month of last year.

    Iranian president Hassan Rouhani has promised to decrease the inflation rate to five percent in the Iranian fiscal year of 1395 (to end on March 20, 2017).

    The inflation rate in Iran in 2005 was about 10.4 percent, but in mid-2013, when Rouhani came to power, the inflation rate and point-to-point inflation rate were 37.5 percent and 44 percent, respectively.

    Edited by CN

    Follow the author on Twitter: @UmidNiayesh

    Stay up to date with latest Iran news on our specialized Facebook page

    Follow us on Twitter @
    9
  • EU Council extends Sanctions Against Syria for One Year
    28.05.2015 20:42
    http://cdn.trend.az/pictures/2013/10/17/syria_171013.jpg
    http://cdn.trend.az/pictures/2013/10/17/syria_171013.jpg
    Syria has been hit by a series of EU sanctions since the country's civil war began four years ago.

    An EU diplomat specified to RIA Novosti that the Council extended its decision from May 31, 2013, when the Council had agreed to adopt restrictive measures against Syria for one year, imposing sanctions that included exports and imports, finance, transport and infrastructure projects.

    "As the situation in Syria continues to deteriorate, the Council has extended EU restrictive measures against the Syrian regime by one year," the statement on the council's website said.

    The Council said that one high-ranking military official considered responsible for repression and violence against civilians in Damascus was targeted by a travel ban and EU asset freeze.

    According to the Council, more than 200 individuals and 70 entities are currently targeted by EU sanctions over "the violent repression against the civilian population in Syria."

    The Council stressed that its decision extended the ban on arms exports to Syria, an oil embargo and restrictions on certain investments until June 1, 2016.

    Follow us on Twitter @
    9
  • Iran, EU, US begin talks on drafting comprehensive nuclear deal
    28.05.2015 19:22
    http://cdn.trend.az/pictures/2013/01/12/Iran_nuclear_program_120113_5.jpg
    http://cdn.trend.az/pictures/2013/01/12/Iran_nuclear_program_120113_5.jpg
    Senior officials from Iran, European Union and the United States began negotiations on Thursday on drafting a comprehensive nuclear deal that they hope to achieve by a self-imposed June 30 deadline, IRNA reported.

    In these round of the talks, Foreign Ministry deputies Abbas Araqchi and Majid Takht-e Ravanchi, along with US Undersecretary of State Wendy Sherman and Deputy EU Foreign Policy Chief Helga Schmid work on narrowing the gaps remaining between Tehran and the Western powers.

    This is the fifth round of talks the Iranian deputies of foreign minister hold with top ranking EU and American officials over the past month.

    Abbas Araqchi, a senior member of Iranian negotiating team, said Monday that the other side has to terminate all economic and financial sanctions on Tehran on the very first day of the implementation of the deal.

    Araqchi said that there are things that Iran will have to do on the other hand. But noted that what Iran is supposed to do will take time.

    He said that Iran and the P5 1 are working on a timetable so that the measures by the two sides will be taken simultaneously.

    He made it clear that all the economic and financial sanctions, including those related to energy, banking, financial services, SWIFT, insurance, transportation, ship-building and ports will be lifted at once on the first day of implementation of the nuclear accord.

    Foreign Minister Mohammad Javad Zarif and his US counterpart John Kerry are due to meet in Geneva on Saturday to discuss on the course of talks.

    Stay up to date with latest Iran news on our specialized Facebook page

    Follow us on Twitter @
    17
  • Azerbaijan may leave Europe without gas
    28.05.2015 18:06
    http://cdn.trend.az/pictures/2012/12/08/gas_line_081212.jpg
    http://cdn.trend.az/pictures/2012/12/08/gas_line_081212.jpg
    Baku, Azerbaijan, May 28

    Trend:

    The phrase "energy security" has recently become just as significant as political, military or any other traditional challenges that countries are facing. The main role in the energy security of Europe is attached to such suppliers and transit countries as Azerbaijan and Turkey. However, no matter how paradoxical it may sound, today Europe's energy security depends on Europe itself and no one else.

    As Azerbaijani President Ilham Aliyev has recently said that all efforts are directed to timely and perhaps, ahead of schedule, ensure the expansion of the South Caucasus Pipeline, connecting us with Georgia, and the construction of the Trans-Anatolian project (TANAP).

    The president said the goals will be achieved on time, and maybe even earlier. He also expressed hope that there will be no artificial obstacles to the Trans Adriatic project (TAP) because if such obstacles appear, of course, no one wins in this case.

    Today Azerbaijan, its partners on Shah Deniz (the main source of gas supplies to Europe at this stage) and Turkey are also successfully implementing a large part of the Southern Gas Corridor project. The contracts worth more than $10 billion have been signed as part of the Shah Deniz alone. The capacity of the South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) is being expanded. TANAP is being built ahead of schedule.

    The only "artificial obstacles", stressed by the president of Azerbaijan, occur in Europe.

    The paradox is that European countries, which are trying to reduce dependence on Russian gas, create problems in the implementation of the European Trans-Adriatic Pipeline project themselves. It wasn't so when Europe was persuading Azerbaijan to supply gas, it wasn't so, when the partners on Shah Deniz chose the supply route.

    The EU representatives, European countries, the companies participating in the gas pipeline project were frequently visiting Baku. However, today, inspired by Russia's statements, some countries participating in TAP project started to put forward certain conditions, to be more precisely, started plain blackmailing.

    Nevertheless, Europe forgets that Azerbaijan has been implementing its energy strategy for many years. Baku never acts without being sure by 100 percent, or without having a back-up plan.

    Azerbaijani President Ilham Aliyev's remarks also prove that if there are any emerging problems in TAP, Azerbaijan will mainly export its gas to the Turkish market.

    Azerbaijani president said there is no concern about markets.

    It means that Europe needs Azerbaijan and its gas more than Azerbaijan needs Europe. Shah Deniz, the South Caucasus Pipeline and TANAP are self-sustaining projects that will allow Azerbaijan to sell its gas to Turkey and bring it to the border with Europe.

    It has long been known that Brussels has no option for diversification other than the Southern Gas Corridor. After the statements about the possibility of connecting Turkmen, Iraqi and Iranian gas to this project, it is impossible to overestimate its significance. This is where a question arises: why should the EU play with what is inevitable?

    Edited by SI

    ---

    Seymur Aliyev is the head of Trend Agency's Russian News Service

    Follow us on Twitter @
    14
  • Over 6,500 people in Azerbaijan to vote in Turkeyв's parliamentary election
    28.05.2015 18:05
    http://cdn.trend.az/pictures/2014/12/20/election_201214.jpg
    http://cdn.trend.az/pictures/2014/12/20/election_201214.jpg
    Baku, Azerbaijan, May 28

    By Ilkin Izzet - Trend:

    Turkish citizens in Azerbaijan will be able to vote in Turkey's parliamentary election on May 31, from 10:00 am to 19:00 (UTC/GMT 5 hours), Turkey's Central Election Commission said May 28.

    It will be possible to vote at Turkish embassy in Azerbaijan, as well as in the country's consulates in Ganja and Nakhchivan.

    As many as 6,558 Turkish citizens in Azerbaijan have the right to vote in Turkey's upcoming parliamentary election. Of them, 5,916 have been registered in Turkish embassy in Baku, 340 people in the consulate in Ganja and the rest - in the consulate in Nakhchivan.

    Turkey will hold parliamentary election on June 7 with participation of 20 political parties and 53,765,231 voters will take part in the voting.

    Moreover, 2.9 million Turkish citizens will vote in the polling stations abroad. For this purpose, 112 polling stations will be created at the country's embassies in 54 countries.

    Follow us on Twitter @
    6
  • Uzbekistan approves measures for constructing Kandym gas processing plant
    28.05.2015 17:37
    http://cdn.trend.az/pictures/2013/04/25/gas_turbine_power_plant_250413.jpg
    http://cdn.trend.az/pictures/2013/04/25/gas_turbine_power_plant_250413.jpg
    Tashkent, Uzbekistan, May 28

    By Demir Azizov- Trend:

    Uzbekistan's Cabinet of Ministers has signed a decree "On organizing the construction of the external infrastructure facilities of Kandym gas processing plant" to approve the construction of the external electricity supply facilities.

    The decree approves the construction of 220-kilovolt power transmission line from the existing substations of Uzbekenergo state joint-stock company to Kandym gas processing plant, including their modernization and expansion, as well as construction of the railway transport infrastructure and driveways of the plant, as well as industrial tracks.

    Moreover, the decree approves the lists of the customers, design and contractor organizations engaged in designing, purchase of equipment and materials, construction and modernization of the external electricity supply facilities and rail transport infrastructure of Kandym gas processing plant.

    As part of the implementation of the project, LUKOIL Uzbekistan Operating Company LLC is allowed to sign a direct agreement with Uzbekistan Railways for designing, purchase of equipment and materials and construction of industrial tracks with the funds of the investor.

    Jointly with Uzmetkombinat, Uzstroymaterialy and Uzbekneftegaz companies, the Ministry of Economy has been instructed to ensure the delivery of rolled metal, cement and fuels and lubricants in accordance with the direct agreements and at regulated prices at the request of Uzbekistan Railways and Uzbekenergo.

    Follow us on Twitter @
    10
  • Azerbaijan commissions new wind farm
    28.05.2015 17:09
    http://cdn.trend.az/pictures/2012/09/20/Alternativ_enerji_200912.jpg
    http://cdn.trend.az/pictures/2012/09/20/Alternativ_enerji_200912.jpg
    Baku, Azerbaijan, May 28

    By Azad Hasanli - Trend:

    Azerbaijani State Agency for Alternative and Renewable Energy Sources put into operation the first turbine of the Yeni Yashma wind farm May 28.

    In total, it is planned to commission 20 such turbines, Jamil Malikov, deputy head of the state agency told Trend.

    lsquo;We have completed the start-and-adjustment work at the wind farm and starting the staged launch of the turbines with 2.5-megawatt capacity each," he said.

    Preliminary operation of the first turbine is underway, said Malikov. "On average, we will need three days for each turbine in order to set their working parameters. That's to say, we will commission one turbine every three days.'

    Malikov added that for present, the turbine's capacity nears 1 megawatt per hour and for today, it has already generated around 5,000 kilowatt hours that were directed to the general power supply system.

    "It is the next step towards the development of our country and alternative energy sphere under the leadership of Azerbaijani President Ilham Aliyev," he said.

    "We increase the capacity of the renewable energy sources every day, every month and every year and thereby ensure storing gas and petroleum products to generate electricity and increase the electricity export potential of our country," Malikov added.

    The production capacity of Yeni Yashma wind farm is 50 megawatt. It is located in Azerbaijan's Khizi district.

    It is planned to construct up to 100 facilities for generating alternative electricity in Azerbaijan within 5 years, according to the preliminary studies.

    The volume of investments made in the development of the alternative energy sphere in Azerbaijan reached 63.6 million Azerbaijani manats in 2014. Of this volume, 34.9 million manats accounted for the development of the solar energy sphere and 28.7 million manats - wind power. In total, around 800 million manats have been invested in this sphere in Azerbaijan since 2000.

    ---

    Follow the author on Twitter: @AzadHasanli

    Follow us on Twitter @
    13
  • Gazprom has no license to pump gas via Turkish Stream
    28.05.2015 16:13
    http://cdn.trend.az/pictures/2015/02/25/gas_line_250215.jpg
    http://cdn.trend.az/pictures/2015/02/25/gas_line_250215.jpg
    Baku, Azerbaijan, May 28

    By Rufiz Hafizoglu - Trend:

    Russia's Gazprom company hasn't appealed to Turkish Energy Market Regulatory Authority (EMRA) to get a license for gas transportation via Turkish Stream pipeline, EMRA told Trend May 28.

    Without the license of the Energy Market Regulatory Authority, it is impossible to sell oil and gas in Turkey, or to transport hydrocarbons through this country's territory.

    It is planned that the first line of the pipeline will be stretched to Turkey in December 2016. It will be aimed at supplying Turkey's west with gas instead of Ukrainian transit. The next three lines are meant to replace the gas supplies to the Central and South Europe instead of Ukrainian transit.

    ---

    Follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
    8
  • Serbia ready to reduce dependency on Russian gas in favor of Azerbaijani gas
    28.05.2015 15:44
    http://cdn.trend.az/pictures/2012/05/30/gas_line_300512.jpg
    http://cdn.trend.az/pictures/2012/05/30/gas_line_300512.jpg
    Baku, Azerbaijan, May 28

    Trend:

    Serbia will accept US calls to reduce dependency on Russian gas supplies by adding a pipeline that would bring gas to Europe from Azerbaijan, Serbian Prime Minister Aleksandar Vucic told Associated Press.

    He added that Serbia is ready to diversity gas sources.

    Earlier, during the meeting with the Greek leadership, the US State Department Special Envoy for Energy Affairs Amos Hochstein urged the Greek side to abandon the Turkish Stream project in favor of the Trans-Adriatic Pipeline (TAP), which is a part of the Southern Gas Corridor initiated by Azerbaijan.

    The Southern Gas Corridor is one of the priority energy projects for the EU. It envisages the transportation of gas from the Caspian Sea region to the European countries through Georgia and Turkey.

    At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan's Shah Deniz field is considered as the main source for the Southern Gas Corridor projects. Other sources can also connect to this project at a later stage.

    As part of the Stage 2 of the Shah Deniz development, gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline and Trans-Adriatic Pipeline.

    Follow us on Twitter @
    9
  • Azerbaijan, Russia deepen cooperation
    28.05.2015 14:53
    http://www.today.az/pictures/pic141057.jpg
    http://www.today.az/pictures/pic141057.jpg
    /By AzerNews/

    By Vusala Abbasova

    Azerbaijan has already been cooperating with 78 entities of Russia and intends to develop these relations further, said Niyazi Safarov, Azerbaijani Deputy Minister of Economy and Industry.

    Safarov made this statement during the Azerbaijani-Russian business meeting held on May 26, in Baku. The business meeting was attended by Chairman and Vice-Governor of the Astrakhan region, Konstantin Markelov as well as 40 businessmen operating in various sectors of the economy.

    He also pointed out the importance of this business meeting which would provide for further expansion of economic relations between the countries as well as expansion opportunities among businessmen.

    Safarov noted that the trade turnover between the two countries is growing every year, as Azerbaijan and Russia continue successful cooperation.

    Currently, about 600 companies with Russian capital are operating in Azerbaijan. The trade turnover between Azerbaijan and Russia reached $2 billion in 2014, and grew by 11 percent in January-April compared to the same period of the previous year, Safarov added.

    ''Russia has invested more than $1.8 billion in Azerbaijan's economy,'' he said. ''Azerbaijan has invested over $1 billion of investments in the Russian economy.''

    In turn, Markelov underlined great potential for cooperation expansion between the two countries. In his opinion, efficient use of existing opportunities would be important in the development of bilateral relations.

    A short video about investment opportunities in the Astrakhan region and the Lotos special economic zone was shown at the meeting.
    12
  • Uzbekistan, OIC mull development of co-op
    28.05.2015 14:12
    http://cdn.trend.az/pictures/2013/05/22/tashkent_220513.jpg
    http://cdn.trend.az/pictures/2013/05/22/tashkent_220513.jpg
    Tashkent, Uzbekistan, May 28

    By Demir Azizov- Trend:

    Uzbekistan and the Organization of Islamic Cooperation (OIC) have discussed the status and prospects for development of cooperation, Uzbek Foreign Ministry said May 28.

    The discussions were held between Uzbek delegation led by the country's Foreign Minister Abdulaziz Kamilov and OIC Secretary General Iyad Amin Madani during the 42nd session of the Council of Foreign Ministers of OIC member states in Kuwait.

    The sides also discussed the practical issues related to the upcoming presidency of Uzbekistan in the OIC Council of Foreign Ministers and holding its next session in Tashkent in 2016.

    The OIC was founded on Sept.25, 1969 at the conference of the heads of Muslim countries in Rabat to ensure Islamic solidarity in the social, economic and political spheres, to fight colonialism, neocolonialism and racism and support the Palestine Liberation Organization.

    Bosnia and Herzegovina, Central African Republic, Russian Federation, as well as the Moro National Liberation Front in the Philippines and several organizations (UN, Non-aligned Movement, etc.) have observer status in the organization. The headquarters of the organization is located in Jeddah, Saudi Arabia.

    The Organization of Islamic Conference was renamed as the Organization of Islamic Cooperation on June 28, 2011, in accordance with the decision of the 38th session of OIC Council of Foreign Ministers in Astana.

    Edited by SI

    Follow us on Twitter @
    17
  • Iran's FM in Greece, following OIC meeting in Kuwait
    28.05.2015 14:10
    http://cdn.trend.az/pictures/2014/03/15/greece_iran_flags_150314.jpg
    http://cdn.trend.az/pictures/2014/03/15/greece_iran_flags_150314.jpg
    Baku, Azerbaijan, May 28

    By Umid Niayesh - Trend:

    Iran's Foreign Minister Mohammad Javad Zarif has arrived in Greece on May 28, following his participation in the foreign ministers level meeting meeting of the Organization of Islamic Cooperation member states.

    Zarif's agenda was not revealed, however he is expected to meet his Greek counterpart Nikos Kotzias, Prime Minister Alexis Tsipras and speaker Zoi Konstantopoulou, IRNA reported.

    Zarif is scheduled to leave Athens for Geneva, where he will be meeting the US Secretary of State John Kerry to talk over the Islamic Republic's nuclear program on May 30.

    Iran and the P5 1 - the US, Britain, France, China, Russia and Germany - are engaged in intensive negotiations to work out a comprehensive agreement aimed at ending the long-standing dispute over the Islamic Republic's civilian nuclear program.

    Iran and the P5 1 along with officials from the European Union reached a framework agreement on Tehran's nuclear program on April 2 in the Swiss lakeside city of Lausanne.

    The two sides are set to start drafting a final accord, dubbed the Joint Comprehensive Plan of Action (JCPOA), which is expected to come until the end of June.

    Stay up to date with latest Iran news on our specialized Facebook page

    Follow us on Twitter @
    9
  • TAP, SOCAR, BP officials talk Southern Gas Corridor's potential, challenges, implementation
    28.05.2015 14:05
    http://cdn.trend.az/pictures/2012/05/30/gas_line_300512.jpg
    http://cdn.trend.az/pictures/2012/05/30/gas_line_300512.jpg
    Baku, Azerbaijan, May 28

    Trend:

    The implementation of the Southern Gas Corridor project to transport Caspian natural gas to Western Europe is progressing according to schedule, said the article published on the Natural Gas Europe website.

    The Southern Gas Corridor is one of the priority energy projects for the EU. It envisages the transportation of gas from the Caspian Sea region to the European countries through Georgia and Turkey.

    At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan's Shah Deniz field is considered as the main source for the Southern Gas Corridor projects. Other sources can also connect to this project at a later stage.

    As part of the Stage 2 of the Shah Deniz development, gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline and Trans-Adriatic Pipeline.

    Michael Hoffman, External Affairs Director, Trans Adriatic Pipeline (TAP), said indeed the pipeline project is on schedule. For example, contracts have been issued, he said, to build 100km of roads, 52 bridges in Albania that are needed for the project.

    "That's pre-works activity that needs to be done given the low level quality of the infrastructure there," Hoffman added.

    He said, TAP is reaching out to 350 local companies to see how they can potentially participate in the project. Moreover, Hoffman said there are 55,000 landowners and land users to contend with, meaning TAP must deal with a huge number of agreements.

    Land issues in Greece and Albania are progressing well, he added.

    "The main challenge now is to make sure that, when construction proper happens in the beginning of 2016, that we have all of the land plots, regulatory issues, permitting in place," Hoffman said.

    Via various interconnecting infrastructure, like Interconnector Greece-Bulgaria, hopefully, 3 billion cubic meters of gas will be delivered to Bulgaria, he added.

    "Deliveries might also be made into the western Balkan nations like Montenegro, Bosnia and Herzegovina and Croatia."

    Hoffman added that Fluxys company having taken the final investment decision on physical reverse flow of their transit gas means that by 2018 for the first time Azerbaijani gas could potentially reach the UK.

    "So I think there's a lot of potential there."

    Furthermore, Janet Jonas, head of Caspian Gas Marketing, BP, of the Southern Corridor said that it is one of the biggest and most complex energy projects being developed in the world, linking a source of gas production - the Caspian - with European gas markets.

    She added that this project has been launched on the basis of the Shah Deniz field, a large gas condensate field in the Caspian Sea of Azerbaijan which is already in operation, and serving customers in Azerbaijan, Georgia and Turkey.

    "Stage 2 of Shah Deniz will bring gas not only to those markets, but an additional 60 billion cubic meters of gas along the Southern Gas Corridor, and also serve customers in Greece, Bulgaria and Italy with 16 billion cubic meters of gas," said Jonas.

    BP being the operator, has drilled seven production wells, which will underpin the first sales and deliveries from Shah Deniz 2, she said.

    Jonas said that additional construction is underway at the Sangachal gas terminal, band and pipe are arriving for the first stages of construction, and work has begun on two new compressor stations in Georgia.

    Meanwhile, Vitaliy Baylarbayov, Deputy Vice President at State Oil Company of the Republic of Azerbaijan (SOCAR) said that everything is going ahead of schedule.

    He added that gas from Shah Deniz will come onshore in time, but the pipelines must be coordinated. The timing must be perfect, he said, because there is not enough storage to accommodate the gas if it is not delivered.

    Follow us on Twitter @
    16
  • Baku, Ankara, Ashgabat mull regional issues
    28.05.2015 13:33
    http://www.today.az/pictures/pic141054.jpg
    http://www.today.az/pictures/pic141054.jpg
    /by AzerNews/

    By Sara Rajabova

    Foreign ministers of Azerbaijan, Turkey and Turkmenistan, Elmar Mammadyarov, Mevlut Cavusoglu and Rashid Meredov, respectively, discussed regional issues in Kuwait.

    The trilateral meeting of the ministers took place on the sidelines of the 42nd Foreign Ministerial Council of the Organization of Islamic Cooperation on May 27.

    The ministers stressed the importance of the trilateral meeting in terms of the development of regional cooperation.

    They also highlighted the comprehensive discussions on development of the political, economic, energy, transport and humanitarian dimensions of cooperation held at the Ashgabat trilateral meeting this January.

    The three ministers earlier met in Ashgabat in late January this year.

    The first meeting was held in 2014 in Baku, which resulted in adoption of the Baku Declaration.

    The cooperation of the three countries covers a wide range of issues, including energy, tourism, humanitarian sphere and politics.

    There are already format of meetings of Azerbaijan-Turkey-Georgia, Azerbaijan-Turkey-Iran, as well as the summits of foreign ministers and presidents of these countries also held summits several times.
    15
  • Baku marks Argentina Independence Day
    28.05.2015 13:29
    http://www.today.az/pictures/pic141056.jpg
    http://www.today.az/pictures/pic141056.jpg
    /By AzerNews/

    By Amina Nazarli

    A grandiose classic music concert devoted to the 250th anniversary of Argentinaв's Independence Day was held at Bakuв's International Mugam Center on May 26.

    The exciting event jointly organized by the Embassies of Argentina and Azerbaijan was aimed to strengthen cultural and diplomatic ties in between the two countries.

    Argentine Ambassador, Carlos Dante Riva and his wife attended the ceremony.

    The guests from different countries participated at the event. The hall was full of famous art figures, prominent officials, ambassadors and representatives of different diplomatic missions.

    Opening the ceremony, the Argentinean ambassador thanked the Azerbaijani government for the conditions created to hold such a beautiful concert.

    ''The Argentine embassy was established in the country in 2013. It is the second time we celebrate Independence Day here,'' he said.

    Riva also touched upon the two countries relations, saying that the two sides have enjoyed good ties in many fields, adding he hope they would expand further.

    The ambassador recalled an exhibition of some five famous Argentinean artists, who will soon represent their works for the first time in Baku. The exhibition will be held in the Bakuв's Modern Art Museum in several months. He added that by the end of the year two books by outstanding Argentinean writers will be translated into Azerbaijani.

    ''We have many projects for the near future. We hope that the Azerbaijani government will help us in their implementation,'' he said.

    Nadir Huseynov, Azerbaijanв's deputy foreign minister, for his part, congratulated the ambassador and all Argentineans on their proud holiday. He noted that Azerbaijan will support them in further projects, in view of strengthening ties in between the two countries.

    The grandiose concert performed by a piano duet (winner of the international music competition Ardzhento) Nazaket Rimazi and Elnara Keberlinskaya was warmly welcomed by the audience.

    The compositions of two prominent Argentinean composers including Carlos Guastavino and Astor Piazzolla pleased the public, leading many to discover the beauty of Argentina's music. These two musicians revolutionized the traditional tango into a new style, incorporating jazz and classical music elements, thus becoming the founder of a new style of tango nuevo.

    Such splendid compositions by Guastavino as "Gato", "Tres Romances Nuevos", "Seequi voco la paloma" and "La Rosay El Sauce as well as by Piazzolla Libertango", "Oblivion", "Fuga Y Misterio", "Milonga Del Angel", and "AdiГіs Nonino" mesmerized the guests with their beauty and emotion.

    Vocalist Gulnaz Ismayilova also graced the concert with a stunning performance. The youngest performer of the evening, violinist Osman Eyyubov, the winner of many international competitions amazed guests with his confidence and talent.
    12
  • Drills of tank units being held in Azerbaijan
    28.05.2015 13:26
    http://cdn.trend.az/pictures/2015/05/12/turk_azerb_herbi_telimler_120515_06.jpg
    http://cdn.trend.az/pictures/2015/05/12/turk_azerb_herbi_telimler_120515_06.jpg
    Baku, Azerbaijan, May 28

    Trend:

    Azerbaijani armed forces are holding large-scale drills of tank units, the country's Defense Ministry said May 28.

    The management capabilities, maneuvering and firing capabilities of tank units are being tested during the drills.

    The drills are being held in accordance with the plan approved by Azerbaijan's Defense Minister Colonel General Zakir Hasanov.

    Follow us on Twitter @
    9
  • Littoral countries should avoid Caspian Sea's militarization, expert says
    28.05.2015 12:50
    http://www.today.az/pictures/pic141052.jpg
    http://www.today.az/pictures/pic141052.jpg
    /By AzerNews/

    By Aynur Karimova

    Strengthening military presence in the Caspian Sea by any littoral state can eventually lead to the militarization of the sea, so Caspian countries -- Azerbaijan, Kazakhstan, Russia, Iran and Turkmenistan -- should avoid it as much as possible, military expert Uzeyir Jafarov toldВ Trendon May 26.

    The expert was commenting on Islamic Revolutionary Guards Corps Naval Force Commander Ali Fadavi's recent statement, who noted that Iran had successfully tested a fast moving boat with 110 knots per hour top speed, and another model of fast moving boats which would be industrially produced by the end of the current Iranian calendar year (March 20, 2016).

    Jafarov also noted that the two Caspian littoral states -- Iran and Russia -- have historically been and continue competing for military supremacy in the Caspian Sea.

    "Despite its friendly relations with Russia, Iran does not want to give up its positions in the Caspian region and due to this the country has increased its naval presence by using small submarines," he stressed. "The Iranian side explains all its actions in the Caspian with a desire to strengthen the fight against smuggling and drug trafficking, while really it is using this as a pretext.''

    The expert believes that Azerbaijan should be more attentive to such actions from its neighbors.

    "Azerbaijan has always been committed to the demilitarization of the Caspian Sea and it has openly urged other Caspian states to do so. Caspian countries should listen to these calls not in words but in deeds," Jafarov added.

    Along with the issue of delimitation of the Caspian Sea, one of the commonly known pressing problems of the Caspian basin is its demilitarization.

    Albeit military-naval policy of littoral states is aimed at securing their national interests both on the coasts and internal waters, as well as open seas, outstanding distinct differences between some states with respect to the delimitation of the Caspian Sea have spearheaded an arms race and the creation of new military-navy installations in countries around the Caspian Sea.

    By building up military-navy capacity, the littoral states are creating a destabilizing factor fraught with unpredictable consequences.

    Baku strongly believes that the Caspian basin should only be a waterway of friendship and peace.
    15
  • Indonesia interested in boosting energy co-op with Azerbaijan
    28.05.2015 12:48
    http://cdn.trend.az/pictures/2012/06/06/Flags_Azerbaijan_Indonesia_060612.jpg
    http://cdn.trend.az/pictures/2012/06/06/Flags_Azerbaijan_Indonesia_060612.jpg
    Baku, Azerbaijan, May 28

    By Elmira Tariverdiyeva - Trend:

    Indonesia will soon send its Energy and Mineral Resources Minister Sudirman Said to Azerbaijan, The Jakarta Post quoted Coordinating Economic Minister of Indonesia Sofyan Djalil as saying May 28.

    "Azerbaijan is an important trading partner of Indonesia, especially in the energy sector," Djalil said during Azerbaijan's National Republic Day celebration at the JW Marriott Hotel in Jakarta.

    "We will soon send our energy and mineral resources minister to Azerbaijan to explore more opportunities and boost cooperation," said the minister.

    Meanwhile, Azerbaijan's Ambassador to Indonesia Tamerlan Garayev told The Jakarta Post that Azerbaijan is currently one of the biggest suppliers of crude oil to Indonesia and the second-biggest trading partner of Indonesia among the CIS countries.

    "Our bilateral trade with Indonesia reached nearly $2.5 billion in 2014," Garayev said.

    ---

    Follow the author on Twitter @EmmaTariver

    Follow us on Twitter @
    10
  • Turkey says TANAP construction three months ahead of schedule
    28.05.2015 12:47
    http://cdn.trend.az/pictures/2015/02/13/gas_pipeline_construction_130215.jpg
    http://cdn.trend.az/pictures/2015/02/13/gas_pipeline_construction_130215.jpg
    Baku, Azerbaijan, May 25

    By Rufiz Hafizoglu - Trend:

    The TANAP is being rapidly constructed, Turkish Minister of Energy and Natural Resources Taner Yildiz told Turkish NTV channel.

    He said that the TANAP construction is three months ahead of schedule.

    The TANAP project envisages the transportation of gas of Azerbaijan's Shah Deniz field from the Georgian-Turkish border to the western borders of Turkey. TANAP's initial capacity is expected to reach 16 billion cubic meters of gas per year.

    Around six billion cubic meters of this gas will be delivered to Turkey and the rest of the volume to Europe. Turkey will obtain gas in 2018. The gas will be supplied to Europe in early 2020 after the Trans Adriatic Pipeline (TAP) is constructed.

    BP and the TANAP consortium signed March 13 a shareholder agreement, according to which BP will become one of the shareholders of TANAP. The agreement is one of the main documents for BP's ownership of a stake in the TANAP project.

    Following the completion of a legal implementation procedure, TANAP's shareholders list will be as follows: SOCAR - 58 percent, Botas - 30 percent and BP - 12 percent.

    ---

    Follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
    8
  • Andy Murray faces Joao Sousa in French Open second round
    28.05.2015 12:11
    http://www.today.az/pictures/pic141049.jpg
    http://www.today.az/pictures/pic141049.jpg
    Andy Murray and Heather Watson face familiar opponents in the French Open second round on Thursday.

    Murray plays Portugal's Joao Sousa for the sixth time, on Court Philippe-Chatrier at about 14:30 BST.

    Fellow British number one Heather Watson takes on American Sloane Stephens for the fifth time, on court seven at about 16:00 BST.

    Kyle EdmundВ withdrew before his match against Nick Kyrgios of Australia with a stomach injury.

    World number one Novak Djokovic, nine-time French Open champion Rafael Nadal and two-time champion Serena Williams are also in action on day five.

    Top seed Djokovic takes on Gilles Muller of Luxembourg, Nadal faces fellow Spaniard Nicolas Almagro, and Williams plays Germany's Anna-Lena Friedsam.

    Murray has a 5-0 record against Sousa, the world number 44, includingВ a straight-set win at the Australian Open in January,В but they have never met on clay.

    The Scot might benefit from having experienced the conditions on the main Chatrier court when heВ beat Argentina's Facundo ArguelloВ there in his opening match on Sunday.

    "Philippe Chatrier, is very slow, extremely slow," said Murray. "I have never felt it like that before.

    "When I practised on the outside courts and the sun is out, it's always pretty quick, high bouncing. Suzanne Lenglen, a little bit slower than the outside courts, but still it's not that slow. I didn't feel it.

    "But Centre Court is very low bouncing, which is strange. Yeah, very slow and heavy."

    Watson has won all four of her previous meetings with Stephens, who beat seven-time Grand Slam champion Venus Williams in the first round.

    "I have a good record against Sloane. Every time I've played her I've played very well," said the 23-year-old Briton, ranked five places lower at 45 in the world.

    "I expect her to be playing her best tennis here at a Grand Slam and hopefully I will too.

    "I feel exactly the same whoever I play. I'm focused and kind of in my zone."

    /By BBC/
    9
  • Whatв's the prime of your life?
    28.05.2015 12:10
    http://www.today.az/pictures/pic141050.jpg
    http://www.today.az/pictures/pic141050.jpg
    Do you ever worry that the prime of your life has already passed you by '" and it didnв't even have the courtesy to let you know as it flew overhead?

    They say that life begins at 40, or that 60 is the new 50 '" but whatв's the truth? Whatв's the best age to be?

    To find out, BBC Future scoured the medical literature, examining how everything from your memory to your sex drive changes across the lifetime. And we were pleasantly surprised by what we found.

    Consider physical fitness.

    For activities that require short and sudden bursts of energy '" like the 100m sprint, shot-put, or javelin '" the starting pistol should have fired by your mid-20s, since there is a rapid decline thereafter. Footballers hit their stride even younger.

    В Some sports suit older athletes better

    Yet older athletes perform much better in gruelling ''ultra-endurance'' events, such as 100km, or 1000km, marathons. Even after your 30s and 40s, the decline is gradual.В Sunny McKee, for instance, celebrated her 61st birthday by competing in her first Ironman Triathlon, which involved a 180-kilometre (112-mile) cycle ride, combined with a marathon and 4km (2.5-mile) swim. Indeed, many competitors are so addicted to these punishing sports that they push on into their 70s.

    At first glance, the mindв's fate is less cheering.

    Past your 20s, your ability to commit new facts to memory has already seen better days. In fact, it had probably started losing its shine even by the time youв'd left school. Our capacity to hold information in the ''working'' memory '" such as a round of drinks in the pub '" plateaus for a little longer, but it too steadily drops in our 40s.

    You hit your creative peak young

    Even more depressingly, you may have also passed the zenith of your creativity '" most Nobel-prize winning discoveries have been made by around 40 '" and our white matter, the long distance connections that form the brainв's information super-highways, tend to start dwindling too. That could make the brain slower, over all.

    Yet there is a silver lining (and Iв'm not talking about your hair).

    Although facts may take a little longer to stick, other skills keeps on developing '" reading comprehension and arithmetic, for instance, continue to improve into middle age. Social reasoning '" our ability to manoeuvre our way through the complexities of our friendships '"В peaks even later. In other words, our mental abilities rise and fall in waves '" as one crest has passed, another is on its way. ''Thereв's no age at which we are best at everything '" or even most things,'' says Josh Hartshorne at Harvard University, whoВ conducted much of the research.

    There could even be an upside to your flagging libido.

    If sitcoms and movies are to be believed, your 20s and 30s are something of an ongoing orgy. In fact, neither sexual desire, nor sexual activity, fall off very quickly until well into your 50s. And even then the decline is far from precipitous. According to one paper examining ''sexually active life expectancy'', men who areВ 55 today can expect another 15 or so years of relatively frequent sex; women of that age can expect slightly more than a decade. Intercourse may not be quite as regular or vigorous as it once was, but according to that study, 30% of healthy people aged 65-74 still enjoy sex at least once a week.В 

    Whatв's more, the falling sex drive may have other compensations '" just as your libido starts falling, your zest for life rises. This is something of a paradox, given the physical complaints that come with age, but it could be partly down to the fact that you haveВ finally learnt to balance your emotions after the tumult of the previous decades.

    Elixir of youth?

    So what are we to take away from these findings? Crudely speaking, you may conclude that you are at your sexual peak in your 20s, your physical peak in your 30s, your mental peak in your 40s and 50s and at your happiest in your 60s '" but these are just averages, so your own trajectories may follow very different paths. Perhaps more important is the general recognition that age brings its equal shares of ups and downs; there is no, overall, prime of your life.

    The secret to peaking later? Unfortunately it requires effort

    The more heartening news is that some of the less welcome pitfalls are less inevitable than you might imagine. Exercise, in particular, not onlyВ ensures longer physical fitness, and fights a range of age-related diseases like diabetes and cancer, but also strengthens a weakening memory too. People in good health also enjoy about five more years of sexual activity at the end of the life. It really is the closest weв've got to an elixir of youth.

    Psychologists are also realising that your mental attitude could play a bigger role than youв'd think. Some people report feeling younger than their years '" aВ youthful outlook that can cause them to be more active, and live longer as a consequence. In other words, some limitations may be self-imposed, rather than being an inevitable product of our bodyв's wear and tear.

    Nothing can help us reverse the process of ageing. But by mapping the terrain and acknowledging the highs as well as the lows, we can at least make it a more pleasant journey. Another peak may be yet to come.

    /By BBC/
    9
  • Armenia violates ceasefire with Azerbaijan 60 times within 24 hours
    28.05.2015 12:08
    http://cdn.trend.az/pictures/2012/06/08/Army_Karabax_080612_3.jpg
    http://cdn.trend.az/pictures/2012/06/08/Army_Karabax_080612_3.jpg
    Baku, Azerbaijan, May 28

    Trend:

    Armenia armed forces have broken the ceasefire with Azerbaijan 60 times in numerous positions in the last 24 hours, Azerbaijani Defense Ministry said May 28.

    Armenian armed forces, located in the village of Aygepar of Armenia's Berd district, opened fire at the positions of Azerbaijani armed forces located in the village of Alibayli of the Tovuz district.

    Armenian armed forces, located in the nameless heights of Armenia's Krasnoselsk district, opened fire at the positions of Azerbaijani armed forces located in the nameless heights of the Gadabay district.

    Azerbaijani positions also underwent fire from the positions located near the villages of Chayli, Chilyaburt, Goyarkh, Gizil Oba of the Terter district, Shuraabad, Shikhlar, Yusifjanli, Sarijali, Javakhirli, Bash Gervend, Qiyammadinli of the Aghdam district, Kuropatkino of the Khojavand district, Alkhali, Garakhanbayli, Ashagi Seyidahmadli, Ashagi Abdurrakhmanli of the Fizuli district and Mehdili of the Jabrail district.

    Moreover, Azerbaijani positions took fire from the positions located on the nameless heights of Jabrail, Goranboy, Khojavend, Goygol and Fizuli districts.

    The opposing side was silenced with return fire.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations. Armenia has not yet implemented the UN Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

    Follow us on Twitter @
    10
  • Turkish ambassador congratulates Azerbaijani people on Republic Day
    28.05.2015 12:07
    http://cdn.trend.az/pictures/2015/03/23/trend_ismail_alper_coshkun_200212_1.jpg
    http://cdn.trend.az/pictures/2015/03/23/trend_ismail_alper_coshkun_200212_1.jpg
    Baku, Azerbaijan, May 28

    By Rufiz Hafizoglu - Trend:

    Turkish Ambassador to Azerbaijan Ismail Alper Coskun has congratulated the people of Azerbaijan on the Republic Day.

    "Long live independent and strong Azerbaijan!" Coskun tweeted.

    Azerbaijan marks Day of Republic.

    The 20th century became known in history not only as the age of science and technology but also as the age of liberation from colonization and the establishment of national states.

    The 1917 Russian Revolution put an end to the rule of the Romanovs and the saw the collapse of the Russian Empire. Shortly thereafter, on May 28, 1918, patriotic leaders in Azerbaijan founded the Democratic Republic of Azerbaijan.

    The Azerbaijani Democratic Republic was the first democratic republic to be established in the in the East. ADR was a parliamentary state, with all the associated attributes. It had a flag, an anthem and an army.

    The tri-colored flag symbolized Turkism, Islamism and European tendency. The ADR existed only 23 months. On April 28, 1920 the Bolchevics 11th Army occupied Azerbaijan and the republic collapsed.

    The Day of the Republic - the day of regaining state independence has been celebrated as a state holiday since 1990.

    follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
    9
  • 11-Year-Old Homeschooled Boy Graduates from College with 3 Different Degrees
    28.05.2015 11:33
    http://www.today.az/pictures/pic141046.jpg
    http://www.today.az/pictures/pic141046.jpg
    11-year-old child prodigy Tanishq Abraham is in the news for graduating from college with not one, not two, but three different degrees. The talented kid from California made headlines last year as well, for completing high school at the age of ten and earning a congratulatory letter from President Barack Obama. And now, just a year later, heв's finished college with three associate degrees.

    Last weekв's graduation ceremony at the American River College in Sacramento was attended by Tanishqв's parents '" his mother Taji, a vet, and his father Bijou, a software engineer. His sister Tiara, also a child prodigy, was present as well. They cheered for Tanishq as he was awarded associate degrees in math and physical sciences, general science, and language studies. He wore a rainbow colored scarf that his grandmother had knit specially for the occasion, and a cap with his favorite Toy Story-quote: 'To Infinity and Beyond.''

    ''The assumption is that heв's the all-time youngest,'' said college spokesman Scott Crow. ''But we donв't have all the archives to completely confirm. He was definitely the youngest this year.''

    Tanishq said that he wasnв't intimidated by the fact that his classmates were all twice his age, especially because he was well-received. ''A lot were really happy that there was a kid in their class,'' he said. And his parents were pretty low-key about the whole affair, being used to all his accomplishments since a young age. ''Even in kindergarten, he was a few years ahead,'' Taji said. ''It just went from there.''

    ''The way my brain works is that when you give me something, information about that topic comes into my mind. 'I donв't know what it is,'' Tanishq revealed.

    Interestingly, Tanishq has been home-schooled by his mother, who put her own career on hold to teach him. Heв's also been taking classes at the American River College since he was seven years old. He joined Mensa International '" a group of people whose IQ is in the top two percent of the population '" at the age of four. His sister also joined Mensa at the age of 4, making themВ the youngest siblings to join the high-IQ society.

    In order to join Mensa,В one needs to score in or above the 98 percentile on a Mensa-approved standardized IQ test. Tanishq scored 99.9 percentile and Tiara scored 99 percentile on the test.

    Youв'd think that Tanishq is probably done with books for his life, but he actually has no plans to stop learning. ''I want to become a doctor,'' he said after the ceremony. ''But I also want to become a medical researcher, and also the president of the United States.'' In a tweet, he revealed that he hopes to win the Nobel Prize some day in medicine or research. In the meantime, he plans to spend his summer on a family vacation and a Calculus II course.

    /By Oddity Central/
    9
  • Paris rules out support to separatist regime of Nagorno-Karabakh
    28.05.2015 11:30
    http://www.today.az/pictures/pic141048.jpg
    http://www.today.az/pictures/pic141048.jpg
    /By AzerNews/

    By Sara Rajabova

    A French diplomat has ruled out his countryв's support to the separatist regime of Nagorno-Karabakh in the occupied Azerbaijani territories.

    Pascal Monnier, the French ambassador to Azerbaijan said France doesnв't support the separatist regime of Nagorno-Karabakh adding at the same time that Paris canв't control the visits of this regimeв's representatives to France.

    ''I received a note of protest from Khalaf Khalafov, the deputy foreign minister of Azerbaijan, and immediately handed it over to my country,'' he said on May 27.

    Baku has sent a protest note to France in connection with a visit of the head of the separatist regime in Azerbaijanв's occupied Nagorno-Karabakh region to France.

    Khalafov said at a meeting with Monnier that such facts, as well as the participation of members of the French Senate as ''observers'' at the ''parliamentary'' election held on May 3 by the so-called regime of Nagorno-Karabakh, contradicts the spirit of developing friendly and partnership relations between the two countries.

    Monnier said France has taken many steps to resolve the Nagorno-Karabakh conflict in recent years. ''It is needed to keep this in mind. I understand that Azerbaijan is anxious over the visit of Bako Sahakyan [the head of the separatist regime of Nagorno-Karabakh] to France. He held meetings there with the mayors of cities, and this caused the discontent of Azerbaijan,'' he said.

    For over two decades, Azerbaijan and Armenia have been locked in conflict which emerged over Armenia's territorial claims against its South Caucasus neighbor. Since a war in the early 1990s, Armenian armed forces have occupied 20 percent of Azerbaijan's territory, including Nagorno-Karabakh and seven surrounding regions.

    A fragile ceasefire has been in place since 1994, but long-standing efforts by U.S, Russian and French mediators have been largely fruitless so far.

    Armenia has not yet implemented the U.N. Security Council's four resolutions on its pullout from neighboring country's territories.
    9
  • US co-chairman of OSCE MG congratulates Azerbaijani people on Day of Republic
    28.05.2015 11:26
    http://cdn.trend.az/pictures/2015/02/06/trend_james_warlick_main.jpg
    http://cdn.trend.az/pictures/2015/02/06/trend_james_warlick_main.jpg
    Baku, Azerbaijan, May 28

    By Elmira Tariverdiyeva - Trend:

    The US co-chairman of the OSCE Minsk Group James Warlick has extended his congratulations to the people of Azerbaijan on the occasion of the 97th anniversary of the Azerbaijan Democratic Republic.

    "I congratulate the people of Azerbaijan on the Day of Republic," Warlick tweeted. "I was pleased to speak at tonight's event and thank Azerbaijani ambassador to the US Elin Suleymanov for his hospitality."

    Azerbaijan marks Day of Republic.

    The 20th century became known in history not only as the age of science and technology but also as the age of liberation from colonization and the establishment of national states.

    The 1917 Russian Revolution put an end to the rule of the Romanovs and the saw the collapse of the Russian Empire. Shortly thereafter, on May 28, 1918, patriotic leaders in Azerbaijan founded the Democratic Republic of Azerbaijan.

    The Azerbaijani Democratic Republic was the first democratic republic to be established in the in the East. ADR was a parliamentary state, with all the associated attributes. It had a flag, an anthem and an army.

    The tri-colored flag symbolized Turkism, Islamism and European tendency. The ADR existed only 23 months. On April 28, 1920 the Bolchevics 11th Army occupied Azerbaijan and the republic collapsed.

    The Day of the Republic - the day of regaining state independence has been celebrated as a state holiday since 1990.

    ---

    follow the author on Twitter @EmmaTariver

    Follow us on Twitter @
    7
  • Governor of California congratulates people of Azerbaijan on Republic Day
    28.05.2015 11:26
    http:// www.news.az/photos/page-photo/140305.jpg
    http:// www.news.az/photos/page-photo/140305.jpg
    The Californian governor has congratulated the people of Azerbaijan on the Republic Day.

    The Governor of California Jerry Brown has extended his congratulations to the people of Azerbaijan and the Azerbaijani community in California on the occasion of the 97th anniversary of the Azerbaijan Democratic Republic, the first secular democracy in the Muslim world.

    APA reports that in his letter sent to the Consulate General of Azerbaijan in Los Angeles, Governor Brown notes that Azerbaijan has "a storied history of trade, commerce, religion, and community" and "the Azerbaijani people in California and throughout the globe take pride in their culture and heritage." "Republic Day is a time to celebrate and link to your ancestral homeland. Today's celebration honors and preserves traditions that have contributed to California's culture and vitality," the Governor writes. Jerry Brown finishes his congratulatory message by wishing on behalf of the State of California "the people of Azerbaijan and the people of Azerbaijani descent a very happy Republic Day."

    Jerry Brown has been Governor of California since 2011. He previously served as California's 34th Governor from 1975 to 1983.
    11
  • Turkmenistan to up power supply to Afghanistan
    28.05.2015 10:52
    http://www.today.az/pictures/pic141042.jpg
    http://www.today.az/pictures/pic141042.jpg
    /By AzerNews/

    By Aynur Karimova

    Ashgabat and Kabul have reached an agreement to supply electricity from Turkmenistan to Afghanistan in 2018-2027 and to increase the volume of exported electricity four-fold in this period.

    This was noted in a protocol signed between the Turkmen Energy Minister and Afghan Energy and Water Resources Minister in the presence of Turkmen President, Gurbanguly Berdymukhamedov and Afghan president's special representative for CIS, Mohammad Shaker Kargar, the Turkmen government said on May 27.

    The Afghan delegation arrived in Ashgabat to discuss prospects of cooperation in the field of electricity and implementation of a joint Memorandum of Understanding on further cooperation in the field of electric power industry.

    Electricity industry is one of the leading sectors of the Turkmen economy, which aims to fully satisfy the needs of industry, agriculture, social sector of the country, as well as to increase the volume of exports. Currently, Turkmen electricity is exported to Afghanistan, Iran and Turkey.

    This year electricity production in Turkmenistan is expected to reach 21.9 billion kilowatt-hours, and exports - 2.89 billion kilowatt-hours of electricity.

    The government also plans to start the construction of Vatan and Zargar gas turbine power plants in Lebap velayat and to complete the construction of a power plant with a capacity of 504.4 megawatt in Akhal velayat in 2015.

    Until 2020, Turkmenistan is set to build a total of 14 gas turbine power plants, the commissioning of which will serve as both a reliable and uninterrupted power supply to consumers in the country and increase the country's export potential to foreign partners in accordance with the ''Concept of development of Turkmenistan's power industry for 2013-2020.''

    Turkmenistan has a long border with Afghanistan and Central Asian countries regularly host events in the border security sphere under the auspices of the UN.

    This Central Asian state provides real assistance to Afghanistan by supplying electricity and liquefied petroleum gas, constructing industrial and social facilities, and regularly providing humanitarian aid to the Afghan population.

    In order to increase the volume of electricity exported to Afghanistan, Turkmenistan is to complete the construction of an overhead transmission line with a voltage of 500 kilovolts.

    With the implementation of this ambitious project, the export of Turkmen electricity to Tajikistan and Pakistan via Afghanistan will become technically possible.
    14
  • World Bank to provide technical assistance to Azerbaijan
    28.05.2015 10:50
    http:// www.news.az/photos/page-photo/140299.jpg
    http:// www.news.az/photos/page-photo/140299.jpg
    The World Bank will provide technical assistance to Azerbaijan.

    The Ministry of Taxes jointly with the World Bank has prepared a draft agreement on technical assistance on the project on stimulation of cashless transactions.

    The World Bank has assumed the financing of events implemented wthin the framework of the agreement.

    According to Oxu.Az, the statement came from the economst of the World Bank on Azerbaijan Kongian Tan at a meeting held on May 25.

    "Today the Ministry of Taxes, the Central Bank and the World Bank are discussing the legal aspects in connection with signing of an agreement on technical assistance on the project of stimulation of cashless transactions", he said.

    In turn, the first deputy minister of taxes, Natiq Amirov noted that beginning from 2014 the World Bank has done numerous works on provision of technical assistance connected with the stimulation of cashless economic transactions.

    The meeting was attended by manager of the World Bank on Azerbaijan Larisa Leshenko.
    11
  • Uzbek mobile operator Unitelв's earnings grow
    28.05.2015 10:49
    http://cdn.trend.az/pictures/2015/04/03/sms_030415.jpg
    http://cdn.trend.az/pictures/2015/04/03/sms_030415.jpg
    Tashkent, Uzbekistan, May 25

    By Demir Azizov - Trend:

    The earnings of Uzbekistan's mobile operator, Unitel, which is the Russian VimpelCom's subsidiary operating under trademark Beeline, grew in Jan.-March 2015 by 2.5 percent versus the same period of 2014, reaching $167 million, VimpelCom Ltd. said in a message.

    The official exchange rate as of May 25 is 2532.34 UZS/$ 1.

    The company said the earnings in the mobile services segment rose over this period by 3.1 percent to $166 million and in the fixed services segment the revenues doubled - reaching $2 million, versus $1 million the previous year.

    The company's earnings from data transmission services over this period rose by 12.8 percent up to $34.3 million.

    Unitel's operating earnings before interest, taxes, depreciation and amortization (EBITDA), remained at the level of the same period of last year - at $105 million, while the marginality of operations fell by 1.7 percent to 62.7 percent .

    The company's subscriber base reduced by two percent compared to the early 2015 - from 10.6 million to 10.4 million subscribers.

    The monthly average revenue per user (ARPU) of the mobile communication rose by almost two percent to 5.2 percent, and the number of the minutes used monthly per user increased by 5.6 percent up to 491 minutes.

    Uzbekistan currently has five mobile operators - Unitel, Coscom (the subsidiary of the Scandinavian TeliaSonera, trademark Ucel), Rubicon Wireless Communications (RWC, trademark Perfectum Mobile), Uzbektelekom Mobile (Uzmobile) and the Uzbek-Russian company, the Universal Mobile Systems (UMS).

    Follow us on Twitter @
    9
  • Effect of settling Iran-Oman maritime borders on energy projects
    28.05.2015 10:48
    http://cdn.trend.az/pictures/2015/02/11/trend_dalga_khatinoglu.jpg
    http://cdn.trend.az/pictures/2015/02/11/trend_dalga_khatinoglu.jpg
    By Dalga Khatinoglu

    Iran and Oman eventually on May 26 agreed to demarcate the stretch of their maritime borders. Excluding the tension between Iran and the United Arab Emirates over three islands in the Persian Gulf, namely Abu Musa, Greater Tunb, and Lesser Tunb, Iran's maritime borders across the Persian Gulf and the Gulf of Oman are absolutely defined.

    Iran and Saudi Arabia have already settled their maritime borders in the late 70s. Iran has no dispute with other Arab nations over maritime borders. Iran and Oman share 450 kilometers of maritime borders.

    Aside from the issue of shipping and the possibility of emerging land disputes in the upcoming years, the issue of owning seep sea energy resources is of high importance for the two countries, particularly taking into account that Iran and Oman have joint borders both in the Persian Gulf and in the Gulf of Oman.

    A map of Iran's oil and gas fields, published by the Iranian Oil Ministry, shows that the two countries share just an oil-gas field in the Persian Gulf, named Hengam field. In the Gulf of Oman the two countries have no shared fields.

    Iran currently extracts around 20,000 barrels per day of oil from the Hengam field, and Oman extracts half of that. The two countries disputed over their shares of the field. Iran says 80 percent of the field is located within its territorial waters.

    According to Iran's estimation, the field holds about 700 million barrels of oil and 56 billion cubic meters of gas. Iran plans to establish facilities to collect 2.2 million cubic meters of associate petroleum gas per day from the field.

    Iran has invested $450 million in the first phase of development of the field. The second phase of the development plan aims to increase production to 30,000 bpd of oil and establish a gas sweetening refinery at a cost of $800 million.

    Moreover, the more important issue is that no considerable exploration operations have been conducted so far in the Gulf of Oman. Iran has not yet discovered any field in the Gulf of Oman. Iran has carried out exploration operations in the Caspian Sea, and discovered a field, namely Sardar-e Jangal. The country is planning to start seismic and exploration operations in the Gulf of Oman.

    Iran has drilled two wells for the exploration of gas hydrates in the Gulf of Oman. Gas hydrate has a very high concentration of methane. A cubic meter block of methane hydrate can release a energy equals to about 160 cubic meters of gaseous methane .

    The Iranian Oil Ministry hopes to find huge deposits of gas hydrate in the Gulf of Oman. Iran and Oman have also signed a deal, according to which Iran will export 10 billion cubic meters of gas per year to Oman by 2017, but the two sides have yet to reach an agreement on gas price and also on building a subsea gas pipeline.

    Dalga Khatinoglu is an expert on Iran's energy sector, head of Trend Agency's Iran news service

    Follow him on @dalgakhatinoglu

    Stay up to date with latest Iran news on our specialized Facebook page

    Follow us on Twitter @
    9
  • Russia has every right to ensure its security if NATO expands '" diplomat
    28.05.2015 10:47
    http:// www.news.az/photos/page-photo/140301.jpg
    http:// www.news.az/photos/page-photo/140301.jpg
    Russia has every right to ensure its security if NATO expands.

    Russian ambassador to NATO Alexander Grushko has urged the West to reckon with Russia's right to ensuring its security in a situation where the North-Atlantic pact declares the inadmissibility of interference in the process of its own expansion.

    "When [NATO Secretary General Jens] Stoltenberg points out this principle [impossibility to deny one or another country the right to join NATO - TASS] he disregards the principle of collective security, under which no side can strengthen its security at the expense of other sides," Grushko said in an interview with the Rossiya'24 news channel.

    Each country has the right to ensure its security, he said.

    "And Russia considers NATO expansion to be a threat to it and this is said in our Military Doctrine," Grushko said. "If we continue doing things like this, without taking account of each other's interests, we'll achieve nothing except an arms race."
    8
  • Turkmenistan works out state budget-2016
    28.05.2015 10:46
    http://cdn.trend.az/pictures/2013/09/25/account_250913.jpg
    http://cdn.trend.az/pictures/2013/09/25/account_250913.jpg
    Ashgabat, Turkmenistan, May 28

    By Huseyn Hasanov- Trend:

    Turkmenistan's state budget-2016 is being worked out, the Turkmen finance ministry said May 27.

    The order and timing of working out the reports and information, required for the country's main financial document, by the ministries, sectoral departments and regional administration have been determined.

    The draft state budget will be submitted to the Cabinet of Ministers of Turkmenistan till November 1, 2015.

    The projects on the main directions of Turkmenistan's socio-economic development and an investment program-2016 will be also submitted by this time.

    Turkmenistan's state budget-2015 was approved by the Majlis (Parliament). Its revenues will hit 102.801 billion manat and expenditures - 106.201 billion manat.

    The official rate of to $1 has remained at 3.50 Turkmen manat since January 2015.

    Turkmenistan holds one of the key positions in the region on the natural gas supplies. Russia, China and Iran are gas importers.

    The revenue part of the budget of the country is mainly formed due to such sectors of the industry as oil and gas, chemical, electric power industry, construction.

    Follow us on Twitter @
    9
  • AZERNEWS releases another print issue
    28.05.2015 10:46
    http://cdn.trend.az/pictures/2015/05/28/azernews_280515.jpg
    http://cdn.trend.az/pictures/2015/05/28/azernews_280515.jpg
    A new print edition of the AZERNEWS online newspaper was released on May 28.

    The new edition includes articles about Azerbaijan's works toward cyber-security, EBRD's appreciation saying devolution offers economic growth opportunity for Azerbaijan, Azerbaijani artist's Passing Byhellip; exhibition in New York, strangling credit debt, Virtual etiquette: dreams or reality and etc.

    AZERNEWS is an associate member of the World Association of Newspapers and News Publishers (WAN-IFRA).

    The online newspaper is available at www.azer
    7
  • Azerbaijan works toward cyber-security
    28.05.2015 10:10
    http://www.today.az/pictures/pic141041.jpg
    http://www.today.az/pictures/pic141041.jpg
    /By AzerNews/

    By Nigar Orujova

    In todayв's world where the issue of security transfers to the virtual reality, superpowers blame each other over allegation of cyber terror - cyber spies are now the new danger.

    A global system of the Internet that now links several billion devices worldwide has experienced sustained exponential growth from the early 1990s.

    The rapid development of technology and the widespread use of computer devices are changing the world every day and thus challenge all and every entity involved to rethink safety. Everything is now connected to the Internet and its danger may affect anyone.

    Today, Azerbaijan is one of the leading countries implementing high technology in the region. The country is confidently striving to enter the worldв's ICT race.

    In Azerbaijan, internet penetration started its victorious conquest some 10 years ago, as the countryв's economy stabilized after gaining independence. Today, over 70 percent of Azerbaijan's population has access to the Internet and 50 percent are broadband internet users - twice the world average.

    The country is now developing its broadband Internet project, which aims to bring Azerbaijani Internet to the level of developed countries by 2017.

    This is a new challenge for Internet users in this Southern Caucasus country. In Azerbaijan, the population is highly computerized and computer skills have become a major requirement for all applicants.

    Internet literacy in the country is also developing, as well as computer literacy is increasing in schools, for both pupils and teachers.

    ''Taking into account the fact that we live in the information age, internet literacy in the country is increasing day by day,'' the Electronic Security Center told AzerNews.

    The Center's representative, Ellada Mustafayeva said skills in using the Internet have developed since the use of ICT and Internet has been simplified and the burden of business processes has been reduced in different areas and institutions of the country.

    The e-security center, created in 2013, aims to protect users from online threats, malware cyber-attacks and other adversities.

    Widespread access to programs that are not preventing information security violation and do not meet safety requirements of the global Internet network development, shows that danger is imminent, she said.

    Due to Internet freedom - the right to obtain access to the Internet and the information which is fully provided, Azerbaijan has seen certain risks emerged.

    Cybercrimes have become an actual reality and Azerbaijan has had to contend with this threat.

    ''Cybercrimes know no boundaries, and this has created obstacles in identifying perpetrators. Unfortunately, there are no international rules in this sphere'', Mustafayeva said, noting the more Internet users, the more cyber threats we have.

    ''In Azerbaijan, the fight against cybercrime is a matter of national security. In order to combat cybercrime more effectively, Azerbaijan has signed the Cybercrime Convention of the Council of Europe in 2008. At the same time, certain points have been added to the Criminal Code on cyber crime,'' the Centerв's representative said.

    To fight cybercrime in the country, the e-security center raises awareness about the dangers and educates Internet users. In addition, the organization is working with persons exposed to cybercrime to solve problems. At the same time, CERT ensures coordination in information security of Internet providers working across the country.

    At a time when e-commerce is developing in Azerbaijan, cybercrime affects both business and consumers.

    ''The largest and most influential companies engaged in electronic commerce, which made online business a part of their business use certain technologies to ensure the safety of the e-shopping process. By this, they are calling consumers to use ICT opportunities more confidently in the process of online shopping.''

    One more threat of the electronic era is the so-called cyberwar. Azerbaijan has been faced with hacker attacks mostly from abroad and on state holidays.

    Speaking about this, Mustafayeva said that there are four organizations in Azerbaijan dealing with safety in the information environment of the state and non-state enterprises, as well as individual Internet users, and fighting with cybercrimes.

    The Electronic Security Center, the Computer Emergency Combat Center, AzScienceCert, and AzEdunet analyze existing threats and immediately remove them, she said, emphasizing that this is protecting the country from possible cyber attacks.
    14
  • Azerbaijan celebrates 28 May - Republic Day
    28.05.2015 09:29
    http:// www.news.az/photos/page-photo/140290.jpg
    http:// www.news.az/photos/page-photo/140290.jpg
    The first secular republic in the Muslim East is today marking its 97th anniversary.

    Today, 28 May, Azerbaijan is marking one of the most striking and significant days in its history - the creation of the Azerbaijan Democratic Republic - ADR (AzЙ™rbaycan Xalq CumhuriyyЙ™ti), which was the first secular republic in the Muslim East.

    The Azerbaijani intellectuals took an active part in democratic reforms and civil rights struggle that unfolded in the early 20th century in the Russian Empire. The bourgeois revolution that took place in February 1917 gave rise to attempts to create Transcaucasian Federative Republic, which included the peoples of the South Caucasus.

    But hard socio-political situation and the World War I postponed the idea of federation and at initiative of the Georgians it was decided to dissolve the Transcaucasian Sejm (Parliament) at the meeting of the in Tbilisi on 26 May, 1918. Georgia declared its independence on the same day.

    Two days later, on 28 May 1918, Azerbaijani National Council in Tiflis, headed by Mahammad Amin Rasulzade, proclaimed establishment of the Azerbaijan Democratic Republic.

    Mammadamin Rasulzade's words "The flag raised once will never be lowered" made '‹'‹history.

    As Baku was under control of Baku Commune, Ganja was announced the capital city of ADR. The Azerbaijani government moved from Tbilisi to Ganja on 16 June, 1918.

    The first ADR cabinet was headed by Fatali Khan Khoyski, graduate of the Law Faculty of Moscow State University and a former deputy of the State Duma. The ADR government also included generals from the imperial army artillery, legendary Samad bey Mehmandarov and Ali Aga Shikhlinski who were charged with issues of army formation and protection of ADR independence.

    On 4 June 1918, Turkey and Azerbaijan Democratic Republic signed a peace and friendship contract. Azerbaijani was announced state language of ADR on 27 June 1918. The armed forces of the Baku Soviet Bolsheviks began an offensive on Ganja on 12 June 1918. The Azerbaijani government was forced to seek military aid from Turkey. The combined Turkish-Azerbaijani troops defeated the army of the Bolsheviks in Goychay. On 15 September, 1918 the Turkish-Azerbaijani Army entered Baku. Baku was declared the capital of the ADR.

    The parliament, originally composed of 97 members, opened on 7 December 1918. The Speaker of the parliament was Alimardan bay Topchubashov with Hasanbay Agayev being Deputy Speaker. On 11 January, 1920 the Supreme Council of the Allied Powers - the winners in the World War I, unanimously decided to recognize de facto independence of Azerbaijan.

    But dark clouds were gathering more and more over young Republic of Azerbaijan. Strategically important geographical location and oil resources of Baku became the main target of Soviet Russia in the Transcaucasus direction. In mid-April 1920, the Red Army defeated the remnants of Denikin's army and reaching the northern border of Azerbaijan, began the occupation of Azerbaijan on 28 April.

    Despite a short life of 23 months, ADR became a great school for democratic Azerbaijani intellectuals around the world. After the collapse of the Soviet Union, Azerbaijan regained its independence, declaring himself the heir of ADR in 1991 and restored the attributes of the ADR - the flag, emblem and anthem.

    The Azerbaijan Democratic Republic, established in 1918, is our national treasure, the brightest page in the history of Azerbaijan. And the next years and decades are significant stages in the life of the country which are marked by vivid events, great achievements of the Azerbaijani people. That's all taken together created economic, intellectual and cultural potential of the current independent Azerbaijan.

    Establishment and activities of the Democratic Republic showed the world the independence of Azerbaijan, realization of dreams of freedom of Azerbaijani people who cherish their statehood.
    14
  • Macedonia has Azerbaijani gas in its sight
    28.05.2015 08:02
    http://cdn.trend.az/pictures/2012/12/08/gas_line_081212.jpg
    http://cdn.trend.az/pictures/2012/12/08/gas_line_081212.jpg
    Baku, Azerbaijan, May 28

    By Maksim Tsurkov - Trend:

    In Europe more and more countries are willing to reduce their dependence on Russia's gas, and therefore are looking at the Southern Gas Corridor, which is to deliver Azerbaijani gas to the EU's borders.

    This is especially important for the Balkan countries, which express their interest in joining the Trans Adriatic Pipeline (TAP). And Macedonia is no exception.

    Today, the prime minister of Macedonia, Nikola Gruevski said Skopje focuses on three new gas sources, and TAP is one of them.

    Macedonia needs new gas sources for two reasons.

    The first reason is the diversification of energy supplies, as Russian gas is sold there at relatively high prices. Macedonia expects that the diversification of supply will also contribute to setting competitive prices.

    The second reason is the growing needs of the country, which intends to expand the network of its gas-fired plants. It is clear that Skopje is not going to meet its growing needs with the Russian gas only.

    Turkish Stream is not among the three projects that have been declared as priority for Macedonia. The country will consider joining this project only if Brussels and Moscow reach agreements. However, there isn't even a sign of such agreements for the present.

    Macedonia is not expected to face any problems in joining TAP. Either the country can agree with Greece and construct a pipeline from there (this option was announced by Macedonian prime minister), or join the supposed Ionian-Adriatic Pipeline (IAP) project that envisages laying a pipeline in West Balkans.

    The project involves almost all states in the Balkan peninsula- Croatia, Bosnia and Herzegovina, Slovenia, Montenegro and Albania- therefore Macedonia's joining this project is quite natural.

    So, the implementation of the Southern Gas Corridor project in general and in particular, the construction of TAP pipeline will allow not only provide the South-Eastern Europe with alternative Azerbaijani gas, but also to create a large ramified network of gas pipelines and developed infrastructure in the region.

    TAP is meant to transport gas from the Caspian region via Greece, Albania and the Adriatic Sea to southern Italy and further to Western Europe. The pipeline's total length is about 870 kilometers.

    The construction of the pipeline is expected to start in 2016. TAP's initial capacity will be 10 billion cubic meters per year, expandable to 20 billion cubic meters per year.

    TAP's shareholders are: BP (20 percent), SOCAR (20 percent), Statoil (20 percent), Fluxys (19 percent), Enagas (16 percent), and Axpo (5 percent).

    Edited by CN

    ---

    Maksim Tsurkov is Trend Agency's staff journalist, follow him on Twitter: @MaksimTsurkov

    Follow us on Twitter @
    25
  • Azerbaijan holding exercises with elements close to state of war - VД°DEO
    28.05.2015 07:19
    http://apaholding.az/upload/images/photos/apa_logo.png
    http://apaholding.az/upload/images/photos/apa_logo.png
    Baku. Agha Jafarli '" APA. In accordance with the plan approved by Defense Ministry, Colonel General Zakir Hasanov, the Armed Forcesв' compounds, formations and units are undergoing operational-tactical, tactical and special-tactical exercises in order to check combat readiness.

    The exercises, aimed at creating interaction among infantry, tank and other troops at all level and performance of combat tasks, are being conducted with elements close to state of war, such as any kind of weather and climate and difficult relief as well as live firing in the conditions of limited vision and nighttime, the Defense Ministry said.

    Commanders of the formations and units participating in the exercises are successfully directing troops, and personnel successfully performing tasks of proper use of weapons, skills of exploiting military hardware.

    Personnel of the tank, PDM, and artillery installations standing out with high skills and combat readiness as well as those of air defense and infantry units were encouraged by the exercise leadership and the command staff.
    12
  • Police kill 1, injure 3 in protests against president's third term in Burundi
    28.05.2015 05:22
    http://cdn.trend.az/pictures/2015/05/22/burundi_police_protest_220515.jpg
    http://cdn.trend.az/pictures/2015/05/22/burundi_police_protest_220515.jpg
    Police agents Wednesday beat a demonstrator to death and injured three others in clashes that happened at Matana in the Burundian southern province of Bururi during protests against the third term bid of Burundian President Pierre Nkurunziza.

    A witness told Xinhua that the clashes occurred when police agents intercepted and dispersed, with the use of live ammunition, hundreds of demonstrators who were heading to Matana town.

    According to the witness, three protesters were injured, one of them seriously. They said that the three injured protesters and another protester were captured and taken to Matana police custody.

    "Later, the four persons were taken to hospital, but the protester who did not have any injuries on his body died before reaching the hospital. Police agents beat him to death," said the witness.

    Another demonstrator was shot dead by policemen earlier this week in the neighboring commune of Mugamba in the same province of Bururi.

    According to the civil society, at least 30 persons have died during protests against the third term bid of Burundian President Pierre Nkurunziza that started on April 26 mainly in the capital Bujumbura and expanded sporadically to the provinces of Bujumbura Rural, Mwaro and Bururi.

    Organizers of the protests including the opposition and the civil society consider that Nkurunziza's third term bid is a "violation" of the Burundian constitution and the 2000 Arusha Agreement that limit president term to two of five years.

    Nkurunziza's supporters say he has the right to run another term in office in a presidential election due on June 26, arguing that the 2005-2010 term should not be counted because in 2005, he was elected by the parliament and not in a universal suffrage.

    Follow us on Twitter @
    29
  • Zarif, Kerry to Meet in Geneva on Saturday
    28.05.2015 04:09
    http://cdn.trend.az/pictures/2015/01/14/mohammad_javad_zarif_john_kerry_140115.jpg
    http://cdn.trend.az/pictures/2015/01/14/mohammad_javad_zarif_john_kerry_140115.jpg
    Deputy Foreign Minister Seyed Abbas Araqchi announced that Foreign Minister Mohammad Javad Zarif and his US counterpart John Kerry will meet in the Swiss city of Geneva on Saturday, Irna reported.

    Araqchi, also senior Iranian negotiator in talks with the world powers, said that the consultations by the Iranian and US foreign ministers will help reduce the existing differences between Tehran and the world powers as well as help remove differences over writing the text of final agreement.

    The upcoming meeting between Zarif and Kerry will be the first one since the recent approval of the US Congress on obliging the Obama administration to represent a report to the congress on its possible agreement with Iran over the nuclear issues.

    Zarif on Tuesday urged P5 1 to take a realistic approach in nuclear negotiations.

    Speaking to reporters, Zarif said that if the other parties to the talks take a realistic approach in negotiations, Iran and P5 1 can reach a final deal.

    He added that nuclear talks would continue and the new round of writing the draft of final deal will start today.

    Iran-Oman relations are an example of good neighborly ties between the two countries and they share similar stance on establishment of peace, security and stability in the region, the foreign minister underlined.

    He said that dispatch of humanitarian aid to Yemen, establishment of ceasefire there as well as start of Yemeni-Yemeni talks were three topics of Iran's proposal on resolution of Yemen crisis that were discussed with Omani officials.

    Iran and the P5 1 - the US, Britain, France, China, Russia and Germany - are engaged in intensive negotiations to work out a comprehensive agreement aimed at ending the longstanding dispute over the Islamic Republic's civilian nuclear program.

    Iran and the P5 1 along with officials from the European Union reached a framework agreement on Tehran's nuclear program on April 2 in the Swiss lakeside city of Lausanne.

    The two sides are set to start drafting a final accord, dubbed the Joint Comprehensive Plan of Action (JCPOA), which is expected to come until the end of June.

    Stay up to date with latest Iran news on our specialized Facebook page

    Follow us on Twitter @
    21
  • Russia ready to cooperate with Iran in nuclear technology
    28.05.2015 02:56
    http://cdn.trend.az/pictures/2010/06/22/Russia_iran_220610.jpg
    http://cdn.trend.az/pictures/2010/06/22/Russia_iran_220610.jpg
    Deputy Head of Russia's Rosatom State Atomic Energy Corporation Nicolai Spassky voiced his country's willingness to cooperate with Iran in peaceful nuclear energy, Irna reported.

    He made the remarks in a meeting with Iranian Ambassador to Moscow Mehdi Sanayee in the Russian capital on Wednesday.

    Spassky, meantime, said Rosatom is willingness to begin building two new nuclear power plants in Southern Iran.

    'Rosatom is interested in beginning work for building Bushehr II and III nuclear power plants in Southern Iran,' Spassky said.

    The senior Russian nuclear official underlined that Rosatom is ready to sign an agreement with the Atomic Energy Organization of Iran (AEOI) on building the new nuclear power plants.

    The Iranian ambassador, for his part, voiced satisfaction in the trend of cooperation between the AEOI and the Rosatom corporation.

    Sanayee, meantime, expressed the hope that the two countries would boost their cooperation in nuclear fuel production as well as technical and engineering services.

    In late April, AEOI Deputy Head and Spokesman Behrouz Kamalvandi and Spassky in a meeting in Tehran conferred on cooperation between the two countries in building two new power plants.

    During the meeting, Kamalvandi and Spassky discussed building Bushehr II and III nuclear power plants due to be constructed near Iran's first nuclear power plant in the Southern city of Bushehr.

    They also discussed the method for delivering full control of the Bushehr nuclear power plant to Iranian experts.

    The two officials also conferred on Russia's positions in the nuclear talks held between Tehran and the Group 5 1 (the US, Russia, China, Britain and France plus Germany), with the Iranian side appreciating Moscow's constructive stances.

    Early last month, Kamalvandi travelled to Moscow to follow up on the trend of nuclear cooperation between the two states.

    'I will follow up the recent contract signed by Iran and Russia on construction of two nuclear power plants in Bushehr during my visit to Moscow,' he said.

    The Iranian atomic official said in early March that practical measures are underway for the start of the construction of two nuclear power plants for Iran according to a recent deal signed by the two countries' top nuclear officials.

    Kamalvandi had said that construction of the nuclear power plants would start in the current Iranian year.

    Meantime, AEOI Chief Ali Akbar Salehi had also stated that Iran and Russia would launch cooperation in supplying nuclear fuel for the Bushehr nuclear power plant.

    'We inked an agreement with the Russians in 1995 in which they have announced their preparedness that if Iran produces four fuel batches by itself or with the help of others every year, they will do the needed tests and evaluations over them for maximum 26 fuel batches in 10 years, and if they don't see any technical problem, they will load them into the heart of the reactor,' Salehi said.

    Noting that Iran would display the first fuel batch produced inside the country on April 9, he said a Memorandum of Understanding (MoU) had also been signed by Iran and Russia to provide fuel for the nuclear power plant.

    Salehi also referred to an agreement between the two countries for building two 1,000-MW nuclear power plants in Bushehr, and said construction of the two power plants will take 10 years.

    Construction of the first one will take 8 years, he said, and explained that building the second plant will start 2 years after the construction of the first power plant starts.

    In relevant remarks in November, Salehi stressed that the recent agreement between Tehran and Moscow on the construction of two new nuclear power plants for Iran would further strengthen the country's stance in the nuclear talks with the six world powers.

    Salehi said in a televised interview that the recent agreement between Iran and Russia for construction of two power plants and the protocol to produce nuclear fuel in Iran 'will make our stances stronger in talks with G5 1'.

    Reacting to certain reports by Western media about transfer of Iran's produced fuel to Russia , he said rumors that Iran agreed to transfer its fuel to Russia or other countries, or is negotiating on the issue, are not correct. 'There is no reason to send our fuel to Russia,' Salehi added.

    The top nuclear officials of Iran and Russia in a meeting in Moscow in November signed an agreement on the construction of two new nuclear power plants for Iran.

    'The agreement was signed by Salehi and Head of Russia's Rosatom State Atomic Energy Corporation Sergey Kiriyenko in the Russian capital.

    Upon arrival in the Russian capital, Salehi told reporters that he is also due to 'discuss mechanisms for nuclear fuel swaps' with the Russian side.

    Stay up to date with latest Iran news on our specialized Facebook page

    Follow us on Twitter @
    19
  • U.S. military mistakenly transfers live anthrax to laboratory
    28.05.2015 02:15
    http://cdn.trend.az/pictures/2015/01/09/usa_flag_090115.jpg
    http://cdn.trend.az/pictures/2015/01/09/usa_flag_090115.jpg
    The U.S. military mistakenly sent at least one live anthrax sample to a private laboratory in Maryland and possibly sent others to eight other states, a U.S. defense official said on Wednesday, speaking on condition of anonymity, Reuters reported.

    The official said the samples were meant to be sent in an inactive state for research purposes and added the samples were now believed to be secure.

    The Pentagon confirmed an investigation into the incident was underway and said there was no public health risk.

    Follow us on Twitter @
    16
  • EY and BBG announce the winner of the 2nd Robin Bennett award
    28.05.2015 01:52
    http://cdn.trend.az/pictures/2015/05/28/bbg_ey_280515_(2).jpg
    http://cdn.trend.az/pictures/2015/05/28/bbg_ey_280515_(2).jpg
    EY Azerbaijan sponsors the British Business Group (BBG) monthly meeting and presents the 2nd Robin Bennett award for significant contributions to Azerbaijan-UK business relations. The event was held at the Four Seasons Hotel on Wednesday, 27 May 2015.

    Ilgar Veliyev, EY Country Managing Partner and John Patterson OBE, Chairman of the BBG, presented the award to Ms. Gwen Burchell, MBE.

    John Patterson OBE, the winner of the first award in May 2014 shared his thoughts: "The winner of the Robin Bennett Pipe Award is selected by the BBG Committee based on the nominations from our members. Gwen Burchell OBE has been selected for the work that she has done in Azerbaijan through her charity United Aid for Azerbaijan and we are very glad that we have been chosen to be the organisation associated with such a prestigious honour."

    Ilgar Veliyev added: "Robin played a significant role in encouraging and promoting the British business community in Azerbaijan for many years, and EY continues that support."

    "We believe that fostering development of relations between our global and local clients is consistent with our purpose of building a better working world for our people, our clients and our communities", concluded Turgay Teymurov, EY Baku Partner and member of the BBG Committee.

    Robin Bennett OBE, 1942-2011 was one of the founders of the BBG Azerbaijan. He came to Baku as a Managing Partner of EY and enjoyed long and successful career with the firm.

    About BBG

    The British Business Group has been operating in Azerbaijan for 20 years. It provides a vehicle through which new business people can meet other business people who are familiar with the workings in Azerbaijan, for information and advice on how business is carried in the country. It's a chance for valuable networking, and also for companies to present themselves and raise their profile.

    The group does this by holding monthly meetings, usually on the last Wednesday of each month. Sometimes it is attended by a visiting UK government minister or similar guest.

    About EY

    EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

    EY is expanding its services and resources in accordance with clients' needs throughout the CIS. 4,800 professionals work at 21 offices in Moscow, St. Petersburg, Baku, Vladivostok, Ekaterinburg, Almaty, Astana, Kazan, Kyiv, Tashkent, Minsk, Tbilisi, and other locations.

    EY refers to the global organization and may refer to one or more of the member firms of EY Global Limited, each of which is a separate legal entity. EY Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com

    EY in Azerbaijan

    EY made a major commitment to Azerbaijan and the region with the opening of our office in Baku 20 years ago. Today, in addition to being the leading audit firm in Azerbaijan, we are the leading firm in the region. Because of our experience and depth of knowledge, we have been able to assist both domestic and international companies as well as state-owned entities in developing and in facing the challenges of the international economy.

    We currently have more than 170 staff in our Baku practice, who serves our clients in Azerbaijan. EY's strength in the Caspian Region and the firm's commitment of resources are important to the entities operating in the region. It means that as we grow, EY will continue to demonstrate a tradition of hiring and training local professionals to be leaders in our practice.

    Follow us on Twitter @
    13
  • Azerbaijan marks Day of Republic
    28.05.2015 00:02
    http://cdn.trend.az/pictures/2012/05/27/Azerbaijan_flag_gerb_Album_270512.jpg
    http://cdn.trend.az/pictures/2012/05/27/Azerbaijan_flag_gerb_Album_270512.jpg
    Baku, Azerbaijan, May 27

    Trend:

    Azerbaijan marks Day of Republic.

    In a sad chapter of its long history Azerbaijan was for all intents and purposes akin to a colony of Russia for a number of years. Still, the Azerbaijani people never gave up and continued to struggle for freedom and independence.

    The 20th century became known in history not only as the age of science and technology but also as the age of liberation from colonization and the establishment of national states.

    The 1917 Russian Revolution put an end to the rule of the Romanovs and the saw the collapse of the Russian Empire. Shortly thereafter, on May 28, 1918, patriotic leaders in Azerbaijan founded the Democratic Republic of Azerbaijan.

    The Azerbaijani Democratic Republic was the first democratic republic to be established in the in the East. ADR was a parliamentary state, with all the associated attributes. It had a flag, an anthem and an army.

    The tri-colored flag symbolized Turkism, Islamism and European tendency. The ADR existed only 23 months. On April 28, 1920 the Bolchevics 11th Army occupied Azerbaijan and the republic collapsed.

    The Day of the Republic - the day of regaining state independence has been celebrated as a state holiday since 1990.

    Follow us on Twitter @
    24
  • NATO to establish up to eight command units in Eastern Europe
    27.05.2015 23:29
    http://cdn.trend.az/pictures/2008/06/10/Logo_NATO_090707.jpg
    http://cdn.trend.az/pictures/2008/06/10/Logo_NATO_090707.jpg
    NATO's six command and control centers are intended to facilitate the rapid deployment of the allies' Very High Readiness Joint Task Force, according to earlier announcements by NATO, Sputnik reported.

    During meetings with US President Barack Obama on Tuesday, Stoltenberg said the two discussed "the importance of reinforcing our collective defense" in line with the framework established in the 2014 NATO summit in Wales.

    NATO's enhanced readiness and military presence among partner countries bordering Russia is underway, Stoltenberg explained.

    Stoltenberg refused to confirm whether he discussed permanent NATO presence in Eastern Europe with President Obama.

    The Tuesday's meeting at the White House was the first to occur between Obama and Stoltenberg since the latter became NATO secretary general in October 2014.

    Follow us on Twitter @
    11
  • Turkish aid agency helps flood victims in Afghanistan
    27.05.2015 22:08
    http://cdn.trend.az/pictures/2009/07/16/Turkey_flag_160709.jpg
    http://cdn.trend.az/pictures/2009/07/16/Turkey_flag_160709.jpg
    Turkey's main aid agency has provided food and tents to 31 flood-affected families in northeastern Afghanistan's Takhar province, Anadolu reported.

    The Turkish Cooperation and Coordination Agency (TIKA) delivered the materials to the victims at a ceremony Wednesday.

    Kemal Kadir Karadogan, TIKA coordinator of Mazar-i Sharif, told Anadolu Agency that Turkey would continue to provide help to Afghanistan.

    Karadogan added that the aid package consisted of flour, rice, oil, sugar, salt, macaroni and other basic food items.

    At least eight people were killed when heavy floods hit the province about two weeks back.

    Established in 1992, Turkey's government-run TIKA agency is responsible for implementing Turkey's developmental cooperation policies overseas.

    The agency offers aid to more than 40 countries around the world, including Afghanistan, Somalia, Sudan, Myanmar and Yemen.

    Follow us on Twitter @
    24
  • Azerbaijan and Bulgariaв's gas hopes
    27.05.2015 22:04
    http://cdn.trend.az/pictures/2015/02/16/trend_oil_gas_main.jpg
    http://cdn.trend.az/pictures/2015/02/16/trend_oil_gas_main.jpg
    Baku, Azerbaijan, May 27

    By Aygun Badalova - Trend:

    One of the important events within the project on supply of Azerbaijani gas to Europe can take place in early June. Bulgarian Energy Minister Temenuzhka Petkova said that Bulgaria and Greece plan to sign the final investment decision on the construction of the IGB (Interconnector Greece-Bulgaria) on June 12.

    She also added that the construction of this gas pipeline should start before March 2016 and be completed in 2018.

    Thereby, Bulgaria can become the first European country to receive Azerbaijani gas which at the same time will be the first alternative supply source for it. The other European countries will get this gas within the Trans-Adriatic Pipeline (TAP) project in 2020.

    Bulgaria is one of the countries that has great need for diversification and alternative supplies, since Russia is the only gas supplier to the country. To be more precise, Bulgaria's dependence on the import of Russian gas is 95 percent. The gas consumption in the country stood at 2.6 billion cubic meters in 2013, according to BP.

    Bulgaria's need for alternative supplies increased in 2009 when as a result of the gas conflict between Russia and Ukraine, the country was left without gas for two weeks. Bulgaria lost the opportunity to get an alternative route of supply of that Russian gas in 2014 as a result of the failure of the South Stream project.

    Bulgaria has expressed a desire to resume the Nabucco gas pipeline project, more precisely, its part running through the country's territory, which proves Bulgaria's great need for alternative gas.

    Bulgarian Prime Minister Boyko Borisov said in early March that it is intended to submit this project to the European Commission. Gas to be produced as part of the Stage 2 of development of Azerbaijan's Shah Deniz field was considered as the initial source for this project and the consortium for the development of this field preferred its rival TAP which is being rapidly implemented today.

    Thus, today, all the hopes of Bulgaria are associated with Azerbaijan's gas, which is the only real source that Bulgaria will be soon able to receive.

    Bulgaria already has an agreement on Azerbaijani gas supplies in the amount of one billion cubic meters per year.

    The IGB project is important not only for Bulgaria. Its significance also lies in that the pipeline will become a strategic gas transport infrastructure, providing the diversification of gas supplies for the countries in the South-Eastern Europe as well.

    And the work in this direction is already underway. In April, Bulgaria signed an agreement with Romania and Greece on the construction of a connection among those countries' gas transmission systems, which has been called the Vertical Corridor.

    The Vertical Corridor is scheduled to go into operation in 2018.

    Azerbaijan's gas, supplied as part of this corridor, in particular can reach countries such as Moldova and Hungary, which have connections with the Romanian gas transmission system.

    IGB enjoys political support from both Greece and Bulgaria, which in 2009 inked a memorandum of understanding on the project.

    The project has also received the political and financial support of the EU, which is very important for its successful implementation. IGB is among the projects for implementation of which the EU will allocate 45 million euros under the European Energy Programme for Recovery (EEPR).

    Aside from that, the IGB project has received support from the European Bank for Reconstruction and Development (EBRD), which signed a mandate letter with the ICGB, the company responsible for the development, financing and construction of the gas pipeline. The mandate letter creates bases for negotiations on the long-term financing of the project.

    Currently, the project is at the stage of obtaining a permit to build a pipeline in Greece and Bulgaria, and the completion of this process is expected this year.

    The IGB project, which would pave the way for deliveries of first alternative gas volumes to Europe, has all the prerequisites to be successfully implemented.

    Edited by CN

    ---

    Aygun Badalova is Trend Agency's staff journalist, follow her on Twitter: @AygunBadalova

    Follow us on Twitter @
    11
  • Renault employees in Turkey resume work
    27.05.2015 21:46
    http://cdn.trend.az/pictures/2013/02/08/Renault_logo_080213.jpg
    http://cdn.trend.az/pictures/2013/02/08/Renault_logo_080213.jpg
    Baku, Azerbaijan, May 27

    By Rufiz Hafizoglu - Trend:

    The employees of the branch of the French automobile company Renault in Turkey, who have been on strike since May 15, resumed their work today, on May 27, the Anadolu Agency reported.

    Earlier, Jean-Christophe Kugler, Renault's senior vice president, chairman of Eurasia region, said that in case of continuation of the said strike, the company may review the size of its investments in the country.

    As he said, the company is interested in cooperation with Turkey and considers the country's market as a promising one.

    Earlier, the workers of two car manufacturers Tofas and Renault in Turkey went on strike.

    During the period of strike, 5,000 Renault cars and over 3,000 Tofas cars weren't assembled in Turkey.

    Turkey's Tofas announced on May 18 reducing of the cost of its shares by 4.42 percent.

    Turkey ranks sixth in terms of car production in Europe with Ford, FIAT, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz and MAN brands assembled in Turkey.

    Turkey also manufactures domestic buses, such as BMC, Temsa and Otokar.

    As of 2014, Renault car sales in Turkey stood a 15.3 percent of the total sales volume.

    Edited by CN

    ---

    Follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
    11
  • Turkish Stream has no specific buyers
    27.05.2015 21:43
    http://cdn.trend.az/pictures/2015/02/13/gas_line_tanap_tubes_main_070313.jpg
    http://cdn.trend.az/pictures/2015/02/13/gas_line_tanap_tubes_main_070313.jpg
    Baku, Azerbaijan, May 27

    By Rufiz Hafizoglu - Trend:

    The Turkish Stream project has no specific buyers of gas, said Michael Thomadakis, the vice chairman of Greece's Regulatory Authority for Energy (RAE), said May 27, according to the Anadolu Agency.

    "The Turkish Stream can be implemented in Turkey, but beyond Turkey the gas pipeline has no specific buyers," he said.

    Thomadakis added that in case Russia will follow the EU rules, there is a possibility for the project's realization.

    He said Gazprom and the future buyers of gas from the Turkish Stream should discuss the issue.

    "The Russian side is very interested in selling gas to Turkey and Europe via the Turkish Stream," said Thomadakis.

    Speaking about TANAP, he said this project is important not only for Turkey but for the entire region, as it will provide its energy security.

    Edited by CN

    ---

    Follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
    10
  • OPEC lost interest in market
    27.05.2015 21:31
    http://cdn.trend.az/pictures/2012/06/05/OPEC_albom_050612.jpg
    http://cdn.trend.az/pictures/2012/06/05/OPEC_albom_050612.jpg
    Baku, Azerbaijan, May 27

    By Aygun Badalova - Trend:

    Today, OPEC countries are no longer interested in playing the role of a guarantor of stability in the oil market and price support, Alexei Kokin, the senior analyst on oil and gas sector at the Russian company UralSib Capital, told Trend May 27.

    "None of the major OPEC members wants to bear the costs of the actual maintenance of prices at a certain level," he said.

    They, as Kokin said, on the contrary are ready to provide market for themselves and with help of low prices, to edge out of the market those producers, which bear the high costs of exploration and oil production.

    Speaking about OPEC's upcoming June meeting, Kokin said he believes the cartel's member countries will make a decision to keep the production quotas.

    "The quotas will remain at the level," he said, adding, "The Gulf countries - Saudi Arabia, Kuwait and the UAE are not going to cut production."

    Kokin said those countries' plans for drilling and the production capacity expansion suggest that they will probably continue to fight for market share even at a low price.

    He also said there will be pressure from countries, such as Venezuela and perhaps Iran, for which the low oil prices are particularly unacceptable.

    "However, no one will seriously support the decrease of quotas," Kokin added.

    Venezuela is one of the countries that greatly suffer from the crisis of oil prices. Earlier, this country's president said Venezuela is preparing a draft agreement for the OPEC members on keeping oil prices at a high level. The fulfillment of the agreement's terms will allow reaching and keeping the prices at $100 per barrel, he said.

    It is expected to work out the document by June in order to present it in the next OPEC summit on June 5.

    OPEC member states will hold the next meeting in Vienna, June 5 to discuss the current situation in the oil market and adopt decisions on the cartel's oil production quota.

    Currently, OPEC's oil production quota stands at 30 million barrels per day.

    OPEC's oil supply has increased by 160,000 barrels per day in April and stood at 31.21 million barrels per day, which is the highest figure since September 2012, according to the International Energy Agency.

    Currently, the oil prices in the market vary within $63 per barrel for North Sea Brent crude and $58 per barrel for the US WTI crude.

    Edited by CN

    ---

    Follow the author on Twitter: @AygunBadalova

    Follow us on Twitter @
    11
  • Ilham Aliyev receives delegation led by governor of Egyptв's Southern Sinai province
    27.05.2015 21:31
    http://cdn.trend.az/pictures/2015/05/27/president_qebul_270515.jpg
    http://cdn.trend.az/pictures/2015/05/27/president_qebul_270515.jpg
    Baku, Azerbaijan, May 27

    Trend:

    President of the Republic of Azerbaijan Ilham Aliyev has received a delegation led by governor of Southern Sinai province of the Arab Republic of Egypt Khaled Fouda.

    The head of state expressed confidence that the visit of the delegation led by governor Khaled Fouda will be fruitful, adding it will create good opportunities for them to closely familiarize themselves with the country.

    President Ilham Aliyev stressed the importance of elevating cooperative relations to a high level both in bilateral, multilateral as well as regional formats, and noted the necessity of always keeping development of these ties in attention. Saying the two countries` people have great respect for each other, the head of state underlined the significance of the visit in terms of defining new areas of the cooperation.

    Governor of Southern Sinai province Khaled Fouda conveyed greetings on behalf of President of the Arab Republic of Egypt Abdel Fattah Al Sisi to the head of state.

    He congratulated the president on the occasion of 28 May - the Republic Day. Khaled Fouda said ongoing rapid development processes deeply impressed him although it was his first visit to Azerbaijan. The Egyptian governor said Azerbaijan is the leading country in the region, adding under the leadership of President Ilham Aliyev the country played an important role in expanding interreligious and intercultural dialogue in the world and strengthening stability and security in the region.

    Praising the organization of the first European Games in Azerbaijan, Khaled Fouda noted the importance of the decision to hold the Islamic Solidarity Games in the country in 2017.

    The head of state thanked for the greetings of President Abdel Fattah Al Sisi, and asked the governor to communicate his greetings to the president of Egypt.

    Follow us on Twitter @
    12
  • Direct air service can be opened between Baku and Sharm el-Sheikh
    27.05.2015 21:25
    http://cdn.trend.az/pictures/2015/05/27/misir_gorush_270515.jpg
    http://cdn.trend.az/pictures/2015/05/27/misir_gorush_270515.jpg
    Baku, Azerbaijan, May 27

    By Azad Hasanli - Trend:

    A direct air service can be opened between Baku and Sharm el-Sheikh.

    This proposal was put forward by the governor of Egypt's South Sinai province Khaled Fouda during the meeting with Azerbaijani Minister of Economy and Industry Shahin Mustafayev.

    He said both countries have great potential in the sphere of tourism. The governor also proposed to hold Azerbaijani week in Egypt.

    Fouda added that Egypt is interested in expanding the relations with Azerbaijan.

    He invited Shahin Mustafayev to take part in the economic forums to be held in Egypt in November 2015 and in 2016.

    Mustafayev, for his part said that the relations between the two countries develop successfully and the current visit of the Egyptian delegation will contribute to the development of relations.

    He said the countries cooperate in humanitarian and energy spheres and stressed the possibility of cooperating in the spheres of agriculture, tourism, industry, alternative energy.

    Edited by CN

    ---

    Follow the author on Twitter: @AzadHasanli

    Follow us on Twitter @
    17
  • Turkish Stream, Southern Gas Corridor not rivals
    27.05.2015 21:00
    http://cdn.trend.az/pictures/2015/02/13/gas_line_tanap_tubes_070313.jpg
    http://cdn.trend.az/pictures/2015/02/13/gas_line_tanap_tubes_070313.jpg
    Baku, Azerbaijan, May 27

    By Elena Kosolapova - Trend:

    Turkish Stream and South Gas Corridor have different purposes and will not fiercely compete with each other, Alexei Gromov, the head of the energy department of the Institute of Energy and Finance of Russia, said.

    "Russia intends to redirect the gas supplies from the Ukrainian direction to other direction due to the implementation of the Turkish Stream project, rather than to expand its presence on the European market," he told Trend. "I do not see any fierce competition between these projects, in any case, within the mentioned projects."

    "The Southern Gas Corridor will not force out Russian gas from European countries, but will allow them to diversify their sources of gas supply," he said.

    "The diversification of sources of natural gas supply is good for Europe," he said. "This is a general line of developing the power engineering and gas industry in the world."

    In the short term, Europe will have to increase import of natural gas, because despite some reduction in natural gas consumption in recent years, the production of Europe's own gas falls even more rapidly, according to Gromov.

    "We have no illusions that Europe will take additional volumes of gas from Russia, given the political situation that is emerging around Ukraine and relations between Russia and the EU," he said.

    Europe will take these additional amounts to cover its own declining production from other sources, including Azerbaijan, and in the future possibly Iran and Turkmenistan, according to the expert.

    Gromov said that the construction of the Turkish Stream is planned to be carried out in several stages.

    "The project involves the construction of four branches of the gas pipeline with a capacity of 15-16 billion cubic meters each," he said. "No one prohibits us to realize it partially."

    Gromov went on to explain that depending on market conjectures there can be laid not four, but, one or two pipes.

    "And in this case, we'll achieve the goals that we want to, i.e., we'll get towards another direction away from the transit of Russia's gas through Ukraine's territory," he said.

    Gromov also said the decision regarding the further implementation of the project will depend on the conjectures of the European gas market in the short term.

    The expert also said that in terms of EU laws, there are no obstacles to construct the Turkish Stream and transfer the gas transportation from the Ukrainian direction to the Turkish direction, and it doesn't contradict the requirements of the EU's Third Energy Package.

    Gromov added that Gazprom also doesn't intend to violate the terms of long-term contracts for the supply of Russia's gas to the European countries.

    If Gazprom proposes another option for gas supply to the destination by maintaining the volume, there will be no violation by the Russian side, said the expert.

    At the same time, Gromov said that a question arises: how the gas will be delivered to these European countries from its entry point to the European gas transportation system on the border with Turkey.

    The expert said that in order to ensure such supplies, the interested countries should now agree on the construction of gas transportation systems adapted to the new Turkish Stream on their territory.

    "It doesn't contradict with the requirements of the Third Energy Package," said the expert. "This is the issue of bilateral agreements of Gazprom and the countries which have signed contracts for supply of Russian gas through Ukraine."

    The question is weather solutions on this issue will be achieved or not, he added.

    The Southern Gas Corridor is one of the priority energy projects for EU. It envisages the transportation of gas from the Caspian Sea region to the European countries through Georgia and Turkey.

    At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan's Shah Deniz field is considered as the main source for the Southern Gas Corridor projects. Other sources can also connect to this project at a later stage.

    As part of the Stage 2 of the Shah Deniz development, the gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline and Trans-Adriatic Pipeline.

    Edited by CN

    ---

    Follow the author on Twitter: @E_Kosolapova

    Follow us on Twitter @
    10
  • Turkey wants to develop its defense industry
    27.05.2015 20:54
    http://cdn.trend.az/pictures/2012/07/03/Turk_Plane_F16_030712.jpg
    http://cdn.trend.az/pictures/2012/07/03/Turk_Plane_F16_030712.jpg
    Baku, Azerbaijan, May 27

    By Rufiz Hafizoglu - Trend:

    Turkey intends to develop its defense industry, said the country's prime minister, Ahmet Davutoglu, the TRT Haber news channel reported May 27.

    He said Turkey is planning to start the production of domestic fighter aircraft, adding that no doubt, Ankara will be able to realize the project.

    PM Davutoglu also said the domestic fighter will be put into operation in 2023.

    He added that Turkey should become fully independent in the defense industry.

    In recent years, Turkey's defense industry has been focused on developing and manufacturing its own products. The country succeeded to reach 54-percent self-sufficiency in this area.

    Previous reports said Turkey aims to produce a laser weapon, the prototype of which is ready. The proposal to create such a weapon was put forward by the Scientific and Technological Research Council of Turkey (TUBITAK) in May 2013. Turkish navy will be equipped with these weapons.

    Reportedly, Turkish government has allocated 120 million liras to produce the weapon.

    The project was approved by Turkey's defense industry ministry.

    The work within the project will last six years. Two models of the laser weapon will be created at the first stage. The weapon will be tested in the Black Sea.

    Edited by CN

    ---

    Follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
    10
  • Armeniaв's occupation policy harms country itself
    27.05.2015 20:54
    http://www.today.az/pictures/pic141039.jpg
    http://www.today.az/pictures/pic141039.jpg
    /By AzerNews/

    By Sara Rajabova

    A delay in the negotiation process on the settlement of the long-standing Armenian-Azerbaijani Nagorno-Karabakh conflict remains a hindrance to regional development and a big threat to regional peace and security.

    Though negotiations are underway to settle the two decade-old problem, no tangible results have been achieved so far.

    ''Today a slowdown is observed in the negotiations,'' said Aydin Mirzazade, MP and deputy chairman of Parliamentary Security and Defense Committee, while commenting on the current status of the peace talks to settle the Nagorno-Karabakh conflict.

    ''Society can not even remember the date of the most recent meeting in between the Azerbaijani and Armenian presidents,'' he said pointing to slowdown of the talks.

    For over two decades, Azerbaijan and Armenia have been locked in a conflict which emerged over Armenia's territorial claims against its South Caucasus neighbor. Since, a war in the early 1990s saw the Armenian armed forces occupy 20 percent of Azerbaijan's territory, including Nagorno-Karabakh and seven surrounding regions.

    Peace talks, mediated by Russia, France and the U.S. through the OSCE Minsk Group, are underway on the basis of a peace outline proposed by the Minsk Group co-chairs and dubbed the Madrid Principles. The negotiations have been largely fruitless so far.

    However, Mirzazade noted, the process to resolve the problem did not stop. ''The process is ongoing. The new situation in 2015 is very different from the situation 21 years ago,'' he told AzerNews.

    Then Azerbaijan was involved in a war right after gaining independence in the early 1990s, Mirzazade said noting that the country had been unable to establish normal statehood and revive its economy.

    However, over the past years, the successful policy pursued by national leader Heydar Aliyev and now by President Ilham Aliyev has strengthened Azerbaijanв's just position in the Nagorno-Karabakh conflict, he said.

    Since 1994, Armenia is not a dictating country and doesnв't hold the key word on the arena, according to the MP.

    ''Armeniaв's continuing occupation policy, first of all, has hit the country itself. Thus, the country's population is running abroad, economy has declined and the army is in poor condition,'' Mirzazade said.

    He went on to say that all these factors make Azerbaijanв's word more decisive. ''Today, the international community holds a more objective approach towards Azerbaijan.''

    Mirzazade believes all this certainly brings the decades-old problemв's solution even closer.

    The MP further noted that Azerbaijan doesnв't see the settlement of the conflict only in the meeting of the two countriesв' presidents, saying: ''Bilateral meetings, the co-chairsв' meetings and discussion of issues related to the resolution of the problem within the international organizations can also be considered among factors that can seriously affect the settlement of the conflict.''

    Armenia continues its occupation in defiance of four UN Security Council resolutions calling for an immediate and unconditional withdrawal of Armenian armed forces from Azerbaijanв's occupied territories.

    Commenting on the recent Eastern Partnership Summit held in Riga on May 21-22 and its final declaration, Mirzazade noted with regret that the relations with Eastern Partnership countries were established on the same condition, rules and principles without taking into account the specific features of these countries.

    He stressed that this had caused dissatisfaction of some countries, as well as Azerbaijan.

    ''A one-sided approach was observed towards the Nagorno-Karabakh conflict in the final document. No efforts have been demonstrated toward the resolution of this conflict and it didnв't mention violation of Azerbaijan's territorial integrity,'' Mirzazade said.

    There is no more important issue for Azerbaijan, as an independent state and authoritative country in the world community, than the Nagorno-Karabakh conflict.

    Earlier Azerbaijani Foreign Minister, Elmar Mammadyarov said Azerbaijan insisted on pointing in the Riga declarationв's document the four UN Security Council resolutions, which clearly stipulate the demands for Armenia to withdraw troops from Azerbaijanв's occupied territories.

    Though Azerbaijan had serious claims against this document, the country made concessions to the EU and agreed to approve the declaration by stating that the country will clarify its special position on the declaration.
    10
MORE NEWS...
Exchange Rates of Central Bank