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Azerbaijan to render financial assistance to Afghanistan
17.01.2013 13:06
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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.
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    http://cdn.trend.az/pictures/2013/11/10/majid_takht-e_ravanchi.jpg
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    http://cdn.trend.az/pictures/2015/04/30/trend_claude_salhani_small_170215.jpg
    http://cdn.trend.az/pictures/2015/04/30/trend_claude_salhani_small_170215.jpg
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    Claude Salhani: journalist, author, political analyst and TV and radio commentator is one of the most knowledgeable voices on the Arab-Israeli issues, the Greater Middle East, Central Asia, terrorism, and political Islam.

    Claude Salhani is the author of the newly released novel, Inauguration Day-a thriller. On sale now at Amazon.com.

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    http://cdn.trend.az/pictures/2015/02/11/trend_tengiz_oil_plant_albom_070612.jpg
    http://cdn.trend.az/pictures/2015/02/11/trend_tengiz_oil_plant_albom_070612.jpg
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  • Several accidents involving buses in Turkey - over 80 injured
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    http://cdn.trend.az/pictures/2015/12/11/crash_bus_turkey_111215.jpg
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    Trend:

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    All the wounded were taken to nearby hospitals.

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  • Top Iran commander warns Saudi Arabia over possible military intervention in Syria
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    http://cdn.trend.az/pictures/2013/09/08/hossein_salami_080913.jpg
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    Stay up to date with latest Iran news on our specialized Facebook page

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    http://cdn.trend.az/pictures/2015/08/02/hassan_rouhani_020815.jpg
    http://cdn.trend.az/pictures/2015/08/02/hassan_rouhani_020815.jpg
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    By Khalid Kazimov - Trend:

    Iranian President Hassan Rouhani has called on women to show high turnout in the upcoming elections to be held on Feb. 26.

    Rouhani said that we should accept the capabilities of women and we should accept that the women are capable of playing important roles in the society, science, economy, politics and art as same as men, president's official website quoted him as saying at a national conference named "women, moderation and development" on Feb. 7.

    President added that it is the government's duty to pave the way for women to take advantage of their capacities in the society.

    Rouhani went on to criticize those who express extremist opinions and said he has received messages ahead of elections about the outstanding shortcomings in the country.

    "I am aware of all problems and I understand that many of peoples' demands have not been fulfilled so far but we should have an eye on our long-term goals hellip; we should not forget about our main goal," he added.

    "Although sometimes it is difficult to make a choice, everyone under any circumstances should go to the polling stations on 7 Esfand (Iranian calendar Feb. 26)," Rouhani said.

    Iranians are getting ready to elect both law makers for parliament and clerics for the Assembly of Experts on February 26.

    Earlier in Jan 21, President Rouhani criticized the conservative-dominated vetting body of the Guardian Council for failing to qualify a large number of reformist candidates to run for the Feb. 26 parliamentary election.

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    10
  • More pulled out alive after Taiwan quake, about 120 people still trapped
    07.02.2016 14:00
    http://cdn.trend.az/pictures/2016/02/06/taiwan_earthquake_060216.jpg
    http://cdn.trend.az/pictures/2016/02/06/taiwan_earthquake_060216.jpg
    Rescuers in Taiwan pulled more people alive from a collapsed apartment tower on Sunday, a day after a strong earthquake shook the island, and kept searching for about 120 people still believed trapped in the ruins of the building, Reuters reported.

    Those found alive include a 20-year-old identified by Taiwan media as Huang Kuang-wei and another man in his 20s surnamed Kuo, who was able to walk out from the rubble, supported by rescuers. Both were sent to hospital.

    Firefighters, police, soldiers and volunteers combed through the ruins, some using their hands, watched anxiously by dozens of the victims' family members who wore thick jackets, woollen hats and scarves on a chilly morning.

    "She's not answering my phone calls ... I am trying to hold my emotions and stay strong. I'll do that until I find her," said a woman surnamed Chang, 42, waiting to hear from her 24-year-old daughter who lived on the fifth floor of the complex.

    "Nothing matters but to get her out. The lady living across the hallway was rescued yesterday. I know they will find her, but I have also planned for the worst. It's been more than 20 hours now."

    At least 23 people are known to have died in the quake, which struck at about 4 a.m. on Saturday, at the beginning of a Lunar New Year holiday, including 16 found in the collapsed Wei-guan Golden Dragon Building in the southern city of Tainan.

    Graphic: Taiwan quake tmsnrt.rs/1QOdwAH

    Around 120 people are still beneath the rubble of the commercial-residential block, with most them trapped deep in the wreckage, the government said.

    Bodies continue to be found, including those of two sisters, aged 18 and 23, Taiwanese media reported.

    The building's lower floors pancaked on top of each other in the 6.4 magnitude quake and then the whole structure toppled, raising immediate questions about the quality of materials and workmanship used in its construction in the 1990s.

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    14
  • Azerbaijani transport ministry stops selling train e-tickets
    07.02.2016 13:59
    http://cdn.trend.az/pictures/2014/11/20/neqliyyat_nazirliyi_1.jpg
    http://cdn.trend.az/pictures/2014/11/20/neqliyyat_nazirliyi_1.jpg
    Baku, Azerbaijan, Feb. 7

    Trend:

    The transport ministry of Azerbaijan won't be able to continue selling train e-tickets, according to the decision of the country's Cabinet of Ministers to amend the "List of types of electronic services."

    This decision was published Feb. 7 in the official press.

    From now on, Azerbaijan Railways CJSC will be selling train e-tickets.

    This decision is related to the fact that the company was excluded from the jurisdiction of Azerbaijani ministry of transport in September 2015.

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    12
  • Turkmenistan sees increase of macroeconomic indicators for 2015
    07.02.2016 12:50
    http://cdn.trend.az/pictures/2014/07/26/index_260714.jpg
    http://cdn.trend.az/pictures/2014/07/26/index_260714.jpg
    Ashgabat, Turkmenistan, Feb. 7

    By Huseyn Hasanov- Trend:

    Turkmenistan's GDP growth amounted to 6.5 percent in 2015, said the message of the country's government.

    Macroeconomic indicators of Turkmenistan over the last year were clarified during a recent meeting of the country's Cabinet of Ministers.

    In 2015, the growth in the industry sphere amounted to 3.1 percent, construction - 8.1 percent, transport and communication sector - 9.8 percent, trade - 10.4 percent, agriculture - 7.9 percent, service sector - 9.8 percent, according to the message.

    After hearing the report, Turkmen President Gurbanguly Berdimuhammadov noted that the macro-economic indicators clearly show steady progressive development of the national economy and successful implementation of reforming programs.

    The president also stressed the importance of adoption of comprehensive measures to use the full potential and maintain stable growth trends in all spheres, as well as the need for regular analysis and forecasting of the macroeconomic situation.

    Ashgabat chose a course to diversify the local economy. The textile industry, as well as the area of petroleum products, advanced. The oil, gas and chemical industry and the production of building materials are being actively developed.

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    51
  • Iran claims 200 million euros compensation from Peugeot
    07.02.2016 12:40
    http://cdn.trend.az/pictures/2014/08/24/tehran_240814.jpg
    http://cdn.trend.az/pictures/2014/08/24/tehran_240814.jpg
    Baku, Azerbaijan, Feb. 7

    By Umid Niayesh- Trend:

    The amount of the compensation which French auto manufacturing company Peugeot-Citroen PSA should pay Iran is over 200 million euros, Hashem Yekeh Zareh, the CEO of Iran Khodro Industrial Group (IKCO) said.

    Yekeh Zareh said that that a supportive-compensational package is forecasted in the Peugeot- IKCO recent deal, Iran's Tasnim news agency reported Feb. 7.

    He further said that the package envisages cash payment for compensation.

    A day earlier Iran's Minister of Industry, Mine, and Trade Mohammad Reza Nematzadeh announced that Peugeot will be obliged to make up for the losses Iran suffered due to the company's violation of its previous commitments.

    Peugeot, an arch-partner of the Iranian auto industry, suspended sales in Iran in 2012 due to international sanctions.

    Nematzadeh underlined that Iran's losses due to the suspension of the previous contract will be compensated for in the new deal with the French company, however he refused the unveil further information, saying the details of the contract are confidential.

    The French carmaker earlier announced that it had finalized a binding contract with Iran's leading automobile manufacturer Iran Khodro over the production of cars in the country.

    The contract whose value stands at euro;400 million envisages the investment by Peugeot in modernizing platforms, particularly in the main Iran Khodro site near Tehran. The investment will also allow for the export of vehicles to the region.

    PSA will begin by producing 200,000 cars a year in a 50:50 joint venture, producing the Peugeot 208, 2008, and 301 models. Vehicle production will start in the second half of 2017.

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    17
  • Tariffs for traffic by rail not to be regulated by state in Azerbaijan
    07.02.2016 12:39
    http://cdn.trend.az/pictures/2015/03/29/train_290315.jpg
    http://cdn.trend.az/pictures/2015/03/29/train_290315.jpg
    Baku, Azerbaijan, Feb. 7

    By Ilhama Isabalayeva - Trend:

    Tariffs for cargo and passenger traffic by rail won't be regulated by state on the territory of Azerbaijan, according to the decision of the country's Cabinet of Ministers to amend the "List of goods (work, services), the prices (tariffs) for which are regulated by state."

    This decision was published Feb. 7 in the official press.

    The country's Cabinet of Ministers has excluded tariffs for freight and passenger traffic by rail on the territory of Azerbaijan from this list.

    Tariffs for other transport modes remain under the state regulation.

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    14
  • Armenia violates ceasefire with Azerbaijan 120 times in 24 hours
    07.02.2016 11:30
    http://cdn.trend.az/pictures/2015/02/12/trend_karabax_soldier_albom_hd_200814_2.jpg
    http://cdn.trend.az/pictures/2015/02/12/trend_karabax_soldier_albom_hd_200814_2.jpg
    Baku, Azerbaijan, Feb. 7

    Trend:

    Over the past 24 hours, Armenian armed forces 120 times broke ceasefire with Azerbaijan on various parts of the contact line between Azerbaijani and Armenian troops, said Azerbaijani Defense Ministry Feb. 7.

    Azerbaijani positions located in the nameless heights and the villages of Gizilhajili, Mazam of the Qazakh district, Aghdam, Alibayli of the Tovuz district underwent fire from the nameless heights and the villages of Berkaber of Armenia's Ijevan district, Voskepar, Barekamavan of the Noyemberyan district, Aygepar of Berd district.

    Azerbaijani positions located on the nameless heights of the Gadabay district underwent fire from the positions located on the nameless heights of Armenia's Krasnoselsk district.

    Azerbaijani positions also underwent fire from the positions located near the villages of Talish, Gulustan of the Goranboy district, Goyarkh, Chilaburt, Yarimja of the Terter district, Shikhlar, Novruzlu, Javahirli, Kangarli, Sarijali, Shuraabad, Merzili, Garagashli, Yusifjanli of the Aghdam district, Kuropatkino of the Khojavand district, Horadiz, Garakhanbeyli, Gorgan, Ashagi Seyidahmadli of the Fizuli district, Mehdili of the Jabrayil district.

    Armenians also violated ceasefire from the positions located on nameless heights in the Goygol, Goranboy, Khojavand, Fizuli and Jabrayil districts.

    Azerbaijani armed forces inflicted 121 strikes on enemy positions.

    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.

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    22
  • Gasoline prices not related to oil prices in Azerbaijan - SOCAR head
    07.02.2016 11:20
    http://cdn.trend.az/pictures/2015/10/29/trend_rovnag_abdullayev_291015.jpg
    http://cdn.trend.az/pictures/2015/10/29/trend_rovnag_abdullayev_291015.jpg
    Baku, Azerbaijan, Feb. 7

    Trend:

    Gasoline prices are not related to oil prices in Azerbaijan, President of State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev said at a meeting with young oilmen.

    He said that in Azerbaijan, gasoline prices are determined by the Tariff (Price) Council against the background of the overall economy of the country and average prices.

    Gasoline prices in the domestic market were higher than those in the foreign market only once in Azerbaijan, Abdullayev said, adding that such a situation lasted only one or two months. Gasoline currently costs 40 cents in Azerbaijan, and it is cheaper than in the US, he said.

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    11
  • Iranian companies seeking direct Apple, Sony, HTC representation
    07.02.2016 09:33
    http://cdn.trend.az/pictures/2015/04/03/iran-_flag_tehran_030415.jpg
    http://cdn.trend.az/pictures/2015/04/03/iran-_flag_tehran_030415.jpg
    Tehran, Iran, February 7

    By Mehdi Sepahvand - Trend:

    A number of Iranian companies have recently held talks with Apple, Sony, and HTC for direct representation branches, according to Chairman of Iran Telecommunication Devices Association Qolamhossein Karimi.

    After the removal of sanctions off Iran, local companies have decided to use the opportunity and start connecting with the outside business. Iran's economy suffered a certain amount of hard blows, and it is now on the recovery path.

    Qolamhossein Karimi stated that the mentioned brands had an indirect representation in Iran. The companies used to offer service to the Iranian market via Hong Kong or Dubai bases, Fars news agency reported February 5.

    Huawei, ZTE, LG, and Samsung already have official representatives in Iran.

    According to Karimi, the Iranian Samsung, LG, and Huawei branches are considering the import of parts in the form of SKD or CKD and then their assembly inside the country.

    The official added that if the latter companies can provide for 20 percent of their market delivery in the form of production or assembly, Iran can consider cell phone exports to neighboring countries.

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    26
  • US slams N. Korea's missile launch
    07.02.2016 08:23
    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 White House condemned the Sunday launch of a long-range rocket by North Korea, expressing its commitment to security of regional allies.

    Earlier Sunday, North Korea launched a long-range rocket from the country's northwest.

    "We condemn today's launch and North Korea's determination to prioritize its missile and nuclear weapons programs over the well-being of its people, whose struggles only intensify with North Korea's diversion of scarce resources to such destabilizing activities," National Security Advisor Susan Rice said in a statement.

    According to Rice, the launch is a "flagrant violation" of UN Security Council resolutions.

    "The United States is fully committed to the security of our allies in the region, and we will take all necessary steps to defend ourselves and our allies and respond to North Korean provocations," Rice said.

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    26
  • Over 130 people trapped in collapsed building after Taiwan earthquake
    07.02.2016 08:21
    http://cdn.trend.az/pictures/2016/02/06/taiwan_earthquake_060216.jpg
    http://cdn.trend.az/pictures/2016/02/06/taiwan_earthquake_060216.jpg
    At least 132 people are trapped under the rubble of a residential building after a powerful earthquake in southern Taiwan, media reported Sunday.

    A 6.4-magnitude earthquake struck 28 miles southeast of the city of Tainan on Saturday, toppling multiple buildings, including a 17-story residential building.

    According to the BBC, rescue teams have been working all night with sniffer dogs and special devices to locate the survivors.

    Meanwhile, the death toll of the disaster has grown to 18, according to local media.

    Some 500 people were injured.

    Taiwan lies along the so-called Ring of Fire, a horseshoe-shaped string of volcanoes around the Pacific Rim, where about 90 percent of the world's earthquakes occur.

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    9
  • UNSC to hold extraordinary session after N.Korea's rocket launch
    07.02.2016 08:19
    http://cdn.trend.az/pictures/2012/10/05/un_security_council_05102012.jpg
    http://cdn.trend.az/pictures/2012/10/05/un_security_council_05102012.jpg
    The UN Security Council may shortly hold an emergency meeting after North Korea conducted a rocket launch on Sunday, a diplomatic source in the United Nations said.

    Earlier Sunday, North Korea launched a long-range rocket from the country's northwest.

    The source told RIA Novosti that the session, likely to be held Sunday, was being convened on the initiative of the Western members of the council.

    The exact time for the consultations is not known yet.

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    14
  • North Korea fires long-range rocket
    07.02.2016 08:18
    http://cdn.trend.az/pictures/2016/01/29/rocket_290116.jpg
    http://cdn.trend.az/pictures/2016/01/29/rocket_290116.jpg
    North Korea has launched a long-range rocket from a launch site in the country's northwest, media reported Sunday.

    According to the South Korean Yonhap news agency, the rocket is believed to have range of over 10,000 kilometers (6,213 miles).

    Earlier this week, the International Maritime Organization (IMO) confirmed it had received North Korea's notification of plans to launch a satellite between February 8 and 25. Pyongyang later changed the launch dates by one day.

    According to the South Korean Yonhap news agency, the rocket is believed to have range of over 10,000 kilometers (6,213 miles).

    North Korea's Kwangmyongsong satellite launch has sparked concern in Japan and South Korea, with South Korean Defense Ministry spokesman Kim Min-seok previously saying that Seoul would consider any of Pyongyang's satellite launches as a ballistic missile test.

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    15
  • Tehran, Moscow to discuss credit line extension on Monday - Iranian envoy
    07.02.2016 04:23
    http://cdn.trend.az/pictures/2013/11/27/mehdi_sanai_ambassador_271113.jpg
    http://cdn.trend.az/pictures/2013/11/27/mehdi_sanai_ambassador_271113.jpg
    Tehran and Moscow will discuss credit line extension during a visit of an Iranian deputy economy minister to Russia on Monday, Iranian Ambassador to Russia Mehdi Sanai said Saturday.

    According to the ambassador, the Iranian official is expected to meet Russian Deputy Finance Minister Sergey Storchak.

    "A deputy economy minister [of Iran] will visit Russia on Monday, [he] will hold negotiations with the Russian Finance Ministry to sign contracts on credit line extension, which Russia opens for the joint projects," Sanai told reporters.

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    41
  • No security wall to be built around Baghdad - Iraqi PM
    07.02.2016 04:23
    http://cdn.trend.az/pictures/2014/09/09/haider_al_abadi_090914.jpg
    http://cdn.trend.az/pictures/2014/09/09/haider_al_abadi_090914.jpg
    Iraqi Prime Minister Haider al-Abadi on Saturday denied the military's reports of plans to build a security wall around Baghdad in order to protect the city from attacks by Daesh militants.

    The Prime Minister said in a statement that the idea of fencing off the capital of Iraq from the rest of the state is not worthy of consideration, despite continuous assaults by Daesh.

    "Baghdad is the capital of all Iraqis," he claimed. "There can be no wall or fence to isolate it or prevent other civilians from entering it."

    Al-Abadi's statement contradicts a prior announcement by Baghdad Operations Command on February 3 that preparatory work for a concrete wall around the city was underway.

    The Daesh terrorist group has occupied vast territories to the north and west of Baghdad since 2014 and has claimed responsibility for a series of deadly assaults in the capital in recent months. At least 18 people were killed in the last attack that occurred on January 11 at a shopping mall, according to local police.

    Instead of fencing off Baghdad, Iraqi authorities plan to secure the capital by reorganizing checkpoints and sealing gaps in the security perimeter while also easing transit in and out of the city, according to al-Abadi's statement.

    Some of the city's areas are already barricaded with a set of fences that were constructed some ten years ago during a fierce conflict between Sunni and Shi'ite Muslims.

    Iraqi army soldiers and allies from Popular Mobilization Units are seeking to win back the areas under control of the extremist group in joint operations.

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    17
  • Iran, Kuwait ties are invulnerable
    06.02.2016 23:59
    http://cdn.trend.az/pictures/2011/11/14/iran_kuwait_141111.jpg
    http://cdn.trend.az/pictures/2011/11/14/iran_kuwait_141111.jpg
    The Kuwaiti Co-Chairman of Iran-Kuwait Friendship Association Abdurahman Al-Ewazi said relations between the two countries are impregnable considering their deep cultural and human relations, IRNA reported.

    In a meeting with Iran's Cultural Attache to Kuwait Reza Shahrivar, he said that bilateral ties between Tehran and Kuwait are based on mutual respect and trust.

    'Culture is the best bridge to strengthen the neighboring countries' bonds which is manifested in Persian words in the local dialects of Kuwaiti people,' said al Ewazi.

    He also said that recent regional tensions are temporary and hoped that they will be settled by prudence.

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    57
  • Uzbekistan may attract ADB loan for highway construction
    06.02.2016 22:39
    http://cdn.trend.az/pictures/2015/09/22/asian_development_bank_220915_1.jpg
    http://cdn.trend.az/pictures/2015/09/22/asian_development_bank_220915_1.jpg
    Tashkent, Uzbekistan, Feb. 6

    By Demir Azizov - Trend:

    The government of Uzbekistan plans to attract a loan of $405 million from the Asian Development Bank (ADB) in 2016 to complete construction of a road corridor linking Central Asian countries with Russia and China, a representative of the Uzbek economy ministry told Trend Feb. 5.

    The ministry's representative said the new highway with a short access to Russia and Eastern European countries via the Osh-Kashgar highway will be connected to another high-speed highway, which is being constructed in China along the route of the "Silk Road".

    "The highway lending package was previously agreed with the ADB management, and it will be included in the program of financial cooperation between Uzbekistan and ADB for the next three years," said the ministry's representative.

    It is expected that the loan will be allocated in several tranches between 2016 and 2018.

    To date, ADB has provided Uzbekistan with $1.1 billion for the construction of the road corridor. The funds were allocated for the reconstruction of individual sections of the Guzar-Bukhara-Nukus-Beynau (A-380) and Tashkent-Andijan (A-373) roads, with a total length of 450 kilometers.

    Uzbekistan became ADB member in 1995. Currently, Uzbekistan is the largest recipient of loans from this financial institution in Central Asia: ADB has allocated over $5 billion for implementation of 54 investment projects and grants worth nearly $62 million within the framework of technical assistance.

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    29
  • Taiwan earthquake death toll rises to 14
    06.02.2016 21:59
    http://cdn.trend.az/pictures/2016/02/06/taiwan_060216.jpg
    http://cdn.trend.az/pictures/2016/02/06/taiwan_060216.jpg
    A 6.4-magnitude earthquake struck 28 miles southeast of the city of Tainan earlier in the day, toppling multiple buildings, including a 17-story residential building that housed over 200 people, Sputnik reported.

    "As of 20:00 local time (12:00 GMT), a total of 14 people were killed, 484 people were injured," Taiwan's Central News Agency (CNA) said.

    At least 156 Taiwanese residents went missing in the incident, according to the CNA.

    Two other buildings - one with 16 floors and one with 7 floors - also collapsed in Tainan and one more building tilted.

    High-speed railway service and power supplies in the south of Taiwan were disrupted because of the quake.

    Taiwan lies along the so-called Ring of Fire, a horseshoe-shaped string of volcanoes around the Pacific Rim, where about 90 percent of the world's earthquakes occur.

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    23
  • Russia to build 1.4-GW power plant in Iran
    06.02.2016 19:29
    http://cdn.trend.az/pictures/2015/08/08/power_plant_080815.jpg
    http://cdn.trend.az/pictures/2015/08/08/power_plant_080815.jpg
    Baku, Azerbaijan, Feb. 5

    By Dalga Khatinoglu - Trend:

    Iran and Russia agreed on construction of a 1400-MW power plant on Iran's territory, said the country's Energy Minister Hamid Chitchian.

    Chitchian said the initial agreement was achieved between Tehran and Moscow on construction of the steam-electric power station in Hormozgan province, and negotiations over signing a contract are on the way, Mehr News Agency reported on Feb.5.

    Iran has planned to increase the efficiency thermal power plants from the current 37 percent to 40 percent by adding a steam-electric power generator that would convert the facilities to combined-cycle power plants.

    Currently only 25 percent of the country's electricity is produced from combined-cycle power plants.

    Iran's power production capacity stands at 73,758 MW, while during 315 days of current fiscal year, Iran produced 248 billion kWh of electricity.

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    36
  • Mogherini says preparing '˜historicв' visit to Iran
    06.02.2016 19:19
    http://cdn.trend.az/pictures/2014/11/03/federica_mogherini_031114.jpg
    http://cdn.trend.az/pictures/2014/11/03/federica_mogherini_031114.jpg
    EU foreign policy chief Federica Mogherini confirmed Saturday that she was preparing a historic visit to Iran in the near future, Sputnik reported.

    "I can also confirm that I debriefed the ministers on the plans for my visit [to Iran], it's going to be an important visit for sure, that we are preparing already with the Iranians," Mogherini said at a press conference in Amsterdam after a two-day informal meeting of EU foreign ministers.

    The high-level politician could not confirm the specific dates of the upcoming visit, as well as members of the European Commission included in the delegation.

    According to Mogherini, she will also receive Iranian Foreign Minister Javad Zarif in Brussels on February 15.

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    17
  • Iran keeping foreign embassies under close watch in elections time
    06.02.2016 17:59
    http://cdn.trend.az/pictures/2015/04/03/iran-_flag_tehran_030415.jpg
    http://cdn.trend.az/pictures/2015/04/03/iran-_flag_tehran_030415.jpg
    Tehran, Iran, February 6

    By Mehdi Sepahvand -- Trend:

    Iran is going to intensify watch on foreign embassies in the time leading up to the upcoming elections, Alaeiddin Boroujerdi, chairman of the Parliament's National Security and Foreign Policy Commission tacitly said.

    "I do not think any country would want to try something wrong in elections time," he said, adding, "As for intelligence issues we are not worried, because related officials will act their duties within established frameworks," the YJC news agency reported February 6.

    A week earlier, Mohammad Ali Pourmokhtar, head of the Parliament's Article 90 Commission had called for closer watch on embassies in the time leading to the February 26 elections of the Parliament and Assembly of Experts.

    The Article 90 Commission is a body in the Parliament that deals with petitions filed against the Islamic Republic's three legislative, executive, and judiciary branches.

    Pourmokhtar had told of reports indicating that some embassies in Iran are holding special meetings related to the upcoming elections.

    "Certainly there are political and security concerns as well as intensions of intervention behind such moves," he had said.

    Iran's security organizations grew increasingly sensitive toward foreign activities in the country in election times following the disturbances that ensued 2009 presidential elections. The Islamic Republic at that time blamed a major part of the events on foreign countries.

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    28
  • Turkmen president makes personnel changes in government
    06.02.2016 16:40
    http://cdn.trend.az/pictures/2015/01/10/gurbangulu_berdimuhammadov_100115_2.jpg
    http://cdn.trend.az/pictures/2015/01/10/gurbangulu_berdimuhammadov_100115_2.jpg
    Ashgabat, Turkmenistan, Feb. 6

    By Huseyn Hasanov - Trend:

    Turkmenistan's President Gurbanguly Berdimuhamedov spoke about the weakening of discipline in trade sector and exposure of bribery cases among executives, in particular, among those of the Ministry of Trade and Foreign Economic Relations.

    Addressing a meeting of the Cabinet of Ministers Feb. 6, the president noted that Deputy Prime Minister Palvan Taganov didn't cope with his duties.

    He made this conclusion due to the lack of attention to the training of specialists and failure to comply with the earlier given instructions, said Turkmen government in a message Feb. 6.

    In this regard, the president announced the decision to dismiss Taganov as the deputy prime minister due to serious shortcomings in his work.

    Batyr Atdayev, the former chairman of the Supreme Audit Chamber, was appointed the deputy prime minister.

    In his new position, Atdayev will supervise the Ministry of Trade and Foreign Economic Relations, the State Commodity and Raw Materials Exchange, and the Union of Industrialists and Entrepreneurs of Turkmenistan.

    Bayar Abayev, the minister for trade and foreign economic relations, was severely reprimanded by the president for improperly performing his official duties and shortcomings in his work.

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    27
  • Turkmen portв's cargo turnover to double after modernization
    06.02.2016 16:10
    http://cdn.trend.az/pictures/2013/09/26/port_260913.jpg
    http://cdn.trend.az/pictures/2013/09/26/port_260913.jpg
    Ashgabat, Turkmenistan, Feb. 6

    By Huseyn Hasanov - Trend:

    The project for modernizing the Turkmenbashi port in Turkmenistan is intended to revive the foreign trade and accelerate economic growth, said a report of the Institute for Strategic Planning and Economic Development (ISPED) Feb. 6.

    Once the project is completed, the port's cargo turnover will increase twofold, and its capacity will exceed 17 million tons per year, according to the report.

    Turkmenbashi port transports export-import and transit cargos, as well as cargos with economic significance, oil and oil products, industrial and construction equipment.

    The intensity of cargo traffic passing through the port has increased markedly in recent years, according to the ISPED report.

    In 2009, Turkmenbashi port's capacity was estimated at seven million tons by experts, and a growth of up to 9.2 million tons was recorded in 2012.

    It was earlier reported that the Turkish Gap Insaat will build a modern seaport in the city of Turkmenbashi on the Caspian shore by 2017.

    The port will also include ship repair and shipbuilding yards. The project is worth $2 billion.

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    17
  • Iranian monitoring body qualifies 1,500 more parliament hopefuls
    06.02.2016 15:59
    http://cdn.trend.az/pictures/2012/11/08/Iran_elections_040512_012.jpg
    http://cdn.trend.az/pictures/2012/11/08/Iran_elections_040512_012.jpg
    Tehran, Iran, February 6

    By Mehdi Sepahvand -- Trend:

    Iran's elections monitoring team has qualified 1,500 more hopefuls of the upcoming parliamentary elections.

    The 1,500 comprised 15 percent of the total hopefuls who had pled against their first-round disqualification. They had been disqualified by the Guardian Council which conducted a preliminary qualification of all the hopefuls.

    Siamak Rahpeykar, spokesman of the elections monitoring team, said with the new results, 55 percent of all who had signed up for candidacy are now qualified, Tasnim news agency reported February 6.

    He added that now 6,300 candidates are going to run for the parliament, a record in the history of elections in the Islamic Republic.

    "Now 20 people are running for every seat in the Parliament," Rahpeykar said.

    He also commented on the Assembly of Experts qualifications and said the final list of qualified hopefuls for the assembly will be published in four days.

    The Parliament and Assembly of Experts elections are going to be held simultaneously on February 26.

    The Assembly of Experts is responsible for monitoring the qualification of the Islamic Republic's leader as well as appointing a new one after a previous has died or ceases to qualify.

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    15
  • Iran confirms intention to replace dollar with euro in oil sales
    06.02.2016 15:59
    http://cdn.trend.az/pictures/2011/12/20/iran_oil_201211.jpg
    http://cdn.trend.az/pictures/2011/12/20/iran_oil_201211.jpg
    Baku, Azerbaijan, Feb. 6

    By Fatih Karimov- Trend:

    Iran wants to receive its oil money in euro rather than US dollar, Safar Ali Keramati, deputy head of National Iranian Oil Company (NIOC) for crude oil marketing, said.

    Recovering oil debts as well as new crude sales money in euro is Tehran's priority, Keramati said, the oil ministry's SHANA news agency reported Feb. 6.

    The European consumers will not face any problem for euro payments, he added.

    Earlier Reuters quoted a source in NIOC that Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month's sanctions relief.

    Iran was allowed to recover some of the funds frozen under US-led sanctions in currencies other than dollars, such as the Omani rial and UAE dhiram.

    The US officials estimate about $100 billion of Iranian assets were frozen abroad, around half of which Tehran could access as a result of sanctions relief. It is not clear how much of those funds are oil dues that Iran would want back in euros.

    Last month, NIOC's director general for international affairs told Reuters that Iran "would prefer to receive (oil money owed) in some foreign currency, which for the time being is going to be euro."

    Indian government sources confirmed Iran is looking to be paid in euros.

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    13
  • Inventory of residential buildings to be held in Ashgabat
    06.02.2016 15:20
    http://cdn.trend.az/pictures/2016/01/06/trend_ashgabad_city_060116_065.jpg
    http://cdn.trend.az/pictures/2016/01/06/trend_ashgabad_city_060116_065.jpg
    Ashgabat, Turkmenistan, Feb. 6

    By Huseyn Hasanov - Trend:

    Turkmenistan's President Gurbanguly Berdimuhamedov instructed the relevant authorities of the country to conduct an inventory of all residential buildings in Ashgabat, said the Turkmen government Feb. 6.

    The president discussed the issue at a meeting of the Cabinet of Ministers.

    "Due to a significant increase in the welfare of the country's citizens in recent years, some of them buy several apartments and lease them. However, there are still no specific provisions on this point," Berdimuhamedov said.

    The president made serious remarks about the leadership of the interior ministry and local authorities for an irresponsible attitude to the issue, and demanded to streamline the system of apartment leasing registration.

    He also said those who rent apartments should get permits for temporary residence in them.

    "Those who lease apartments, and those who live in them, must comply with the current legislation, and cooperate with the State Tax Service in line with statutory obligations," said Berdimuhamedov.

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    23
  • Iran World Trade Center to open export centers in 44 countries
    06.02.2016 14:41
    http://cdn.trend.az/pictures/2013/05/25/sabzalipur.jpg
    http://cdn.trend.az/pictures/2013/05/25/sabzalipur.jpg
    Tehran, Iran, February 6

    By Mehdi Sepahvand -- Trend:

    Iran World Trade Center (IWTC) is going to open export centers in 44 countries, the organization's president Mohammad Reza Sabzalipur said.

    The target markets have been under study in the past year and now the executive measures for launching the centers are about to begin, he told Trend February 6.

    According to Sabzalipur, IWTC has signed MoUs with World Trade Centers in 19 countries, which concern the launch of trade centers in the countries of respective signatories.

    Accordingly, Iran is going to launch trade centers in Russia, Canada, France, Turkey, Qatar, Algeria, Brazil, Venezuela, Kazakhstan, Armenia, Malaysia, Iraq, and Afghanistan for now, after which they will also launch similar centers in Iran, he further noted.

    Iran's global trade was hampered for over one decade under strict international sanctions. On July 16, Iran and the group 5 1 (the US, UK, France, Russia, China, and Germany) announced the implementation of a comprehensive deal that would lift the sanctions.

    Following the announcement, Iranian banks and companies are getting free of the sanctions and finding new hopes of doing international trade.

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    20
  • Arab states would have a tough time deploying forces in Syria '" Iranian MP
    06.02.2016 14:39
    http://cdn.trend.az/pictures/2015/06/28/mohammad__saleh__jokar__280615.jpg
    http://cdn.trend.az/pictures/2015/06/28/mohammad__saleh__jokar__280615.jpg
    Tehran, Iran, February 6

    By Mehdi Sepahvand -- Trend:

    The countries which have claimed to be considering on-ground military intervention in Syria should be warned that the "resistance movement" will not stand idle and will give them a harsh response, member of the Iranian Parliament's National Security and Foreign Policy Commission Mohammad Saleh Jokar said.

    Tehran has always expressed support for the Syrian government since it views President Bashar Assad as its main strategic ally in the region and as part of an "axis of resistance" against Israel.

    Even if they do employ forces, which will most likely be a US-backed proxy war, they will face great problems because they are already having many harsh situations to deal with, the MP told Trend February 6.

    Bahrain has announced it is ready to deploy ground forces to Syria under the Saudi leadership as ant-Assad militants are losing ground in the face of the Syrian army advances.

    The announcement by Bahraini Ambassador to Britain Sheikh Fawaz bin Mohammed Al Khalifa on Friday came after Saudi Arabia said it was ready to send troops to Syria.

    The Bahraini diplomat said the Saudi initiative was meant to combat both the IS terrorist group (ISIS, ISIL, Daesh) and the government of Syrian President Bashar al-Assad.

    Secretary of Iran's Expediency Council Mohsen Rezaei, himself formerly commander of the IRGC, said Friday in an Instagram post that a regional war is likely to flare up if Saudi forces are dispatched to Syria.

    Bahrain, Saudi Arabia and the UAE are members of the US coalition that has been conducting air raids inside Syria since September 2014.

    Jokar also raised the possibility that rather than to aim real action, the announcement is meant to act as a morale-booster to the "terrorist" fighters who have recently lost much ground to Assad forces.

    Iran itself has officially announced it is backing the Syrian Army with military consultation against terrorists which have been waging war in the Arab country for over five years.

    Jokar noted that military intervention in another country is against international regulations, not to mention that tension will lay negative impacts on all regional countries.

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    13
  • Moodyв's reviews Azerbaijanв's GDP forecast
    06.02.2016 14:39
    http://cdn.trend.az/pictures/2016/02/06/moody_060216.jpg
    http://cdn.trend.az/pictures/2016/02/06/moody_060216.jpg
    Baku, Azerbaijan, Feb. 6

    Trend:

    Moody's Investors Service has today downgraded Azerbaijan's government bond and issuer ratings to Ba1 from Baa3.

    For 2016, Moody's projects real GDP to contract by 0.7 percent compared to a previous forecast expansion, said the ratings agency Feb. 6.

    Story still developing

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    17
  • Iran not going to deploy massive forces in Syria
    06.02.2016 13:59
    http://cdn.trend.az/pictures/2013/09/02/ksir_iran_020913.jpg
    http://cdn.trend.az/pictures/2013/09/02/ksir_iran_020913.jpg
    Baku, Azerbaijan, Feb. 6

    By Fatih Karimov - Trend:

    Iran has no plan on deploying massive military forces in Syria, Major General Mohammad Ali Jafari, the commander of Iranian Revolutionary Guard Corps (IRGC) announced, Feb. 6.

    "Our policy is not dispatching massive forces to Syria, though there is an enthusiasm and very much willingness among IRGC members to take part in battles in Syria," Fars news agency quoted Jafari as saying during the funeral of top IRGC general Mohsen Gajarian, who was killed in Syria on Feb. 4.

    Jafari also said "defending Syria means defending the Islamic resistance."

    Iran calls the enmity with Israel the Islamic resistance.

    Jafari's statement came a day after Saudi Arabia announced that it is ready to deploy ground troops to Syria to fight the "Islamic State" terrorist group (IS, aka ISIL or ISIS), if US-led coalition leaders agree to the offer.

    Ashton Carter, the US defense secretary, welcomed the Saudi offer to participate in the ground operations in Syria.

    "That kind of news is very welcome," he told reporters Feb. 4.

    Jafari further said the major threats are far away from Iranian borders, because the Islamic resistance has spread.

    "Palestine and Lebanon's wars [with Israel] have indicated that the advanced armies are deficient against the Islamic resistance," he said.

    He went on to claim that after the failures in war with the Islamic resistance, "the enemies created Salafi groups like the IS, getting help from Saudi Arabia."

    Major General Jafari also quoted Supreme Leader Ali Khamenei as saying that if Iran doesn't fight the enemies far away from its borders, the threats would come close to its own territory and it would have to fight against the enemies inside the country.

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    18
  • Azerbaijani oil prices for Feb. 1-5
    06.02.2016 13:33
    http://cdn.trend.az/pictures/2014/12/04/oil_price_041214.jpg
    http://cdn.trend.az/pictures/2014/12/04/oil_price_041214.jpg
    Baku, Azerbaijan, Feb. 6

    By Maksim Tsurkov - Trend:

    The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $35 per barrel on Feb. 1-5 or $0.41 per barrel more than the previous week.

    The maximum price for AZERI LT was $35.5 per barrel and the minimum price was $34.09 per barrel during the reporting period.

    Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports - Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia - via the Baku-Supsa pipeline and railway.

    Azerbaijan plans to extract an average of 0.87 million barrels of Azeri Light per day in 2016.

    The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $30.52 per barrel on Feb. 1-5 or $1.22 per barrel more than the previous week.

    The maximum price for Urals totaled $31.03 per barrel and the minimum - $29.45 per barrel on Feb. 1-5.

    Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port. SOCAR plans to pump 1.4 million tons of oil through the pipeline in 2016.

    The average price for Brent Dated was $32.45 per barrel on Feb. 1-5 or $0.75 per barrel more than the previous week.

    The maximum price for Brent was $33.01 per barrel and the minimum - $31.34 during the reporting period.

    ---

    Follow the author on Twitter: @MaksimTsurkov

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    21
  • Turkey changes visa issuance procedure for Iraqi citizens
    06.02.2016 13:29
    http://cdn.trend.az/pictures/2015/02/10/e-visa_2.jpg
    http://cdn.trend.az/pictures/2015/02/10/e-visa_2.jpg
    Baku, Azerbaijan, Feb. 6

    By Rufiz Hafizoglu - Trend:

    Turkey changed the procedure of visa issuance for Iraqi citizens, the Turkish Foreign Ministry said Feb. 6.

    This decision was taken in order to fight illegal migration, said the ministry.

    Starting from Feb. 8, Iraqi citizens will not be able to obtain visas at checkpoints in Turkey, and electronic visas will be needed to enter the country.

    ---

    Follow the author on Twitter: @rhafizoglu

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    16
  • Azerbaijani oil prices down by 1.4% Feb. 5
    06.02.2016 13:19
    http://cdn.trend.az/pictures/2014/12/04/oil_price_041214_2.jpg
    http://cdn.trend.az/pictures/2014/12/04/oil_price_041214_2.jpg
    Baku, Azerbaijan, Feb. 6

    By Maksim Tsurkov - Trend:

    The price for AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, was $34.91 per barrel at the Italian port of Augusta on Feb. 5, or $0.49 less compared to the price on Feb. 4, a source in Azerbaijan's oil and gas market told Trend Feb. 6.

    AZERI Light FOB Ceyhan oil price was $34.22 per barrel on Feb. 5, or $0.49 less than the previous price.

    Azerbaijan has been producing AZERI LT since 1997 and exports it via Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines, as well as by rail to the Georgian port of Batumi.

    Azerbaijan also exports URALS oil from Russia's Black Sea port of Novorossiysk. The oil is delivered there via the Baku-Novorossiysk pipeline.

    The price for URALS-NOVO was $30.63 per barrel on Feb. 5, or $0.4 less than the previous price.

    The price for a barrel of Brent Dated, produced from the North Sea, stood at $32.64 per barrel Feb. 5 or $0.37 less than the previous price.

    ---

    Follow the author on Twitter: @MaksimTsurkov

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    18
  • Iran, Total oil deal implementation to start in mid-February
    06.02.2016 13:19
    http://cdn.trend.az/pictures/2015/11/17/zanganeh_171115_2.jpg
    http://cdn.trend.az/pictures/2015/11/17/zanganeh_171115_2.jpg
    Baku, Azerbaijan, Feb. 6

    By Umid Niayesh - Trend:

    The oil deal between French oil and gas company Total and Iran will come into force on Feb. 16, Iran's Oil Minister Bijan Namdar Zanganeh said.

    Total will purchase 160,000 barrels per day of Iranian crude oil under the signed contract, Zanganeh said, Iran's Mehr news agency reported Feb. 6.

    Before sanctions were imposed in 2012 on Iran, EU was importing about 800,000 barrels of Iranian oil and condensate.

    On Jan. 16, the US and the EU announced that they lifted their nuclear-related sanctions against Iran as the Joint Comprehensive Plan of Action (JCPOA, aka nuclear deal) came into force. The removal of the sanctions allows Iranian oil and gas enter the global markets.

    Zanganeh further said that Iran and Total have reached a preliminary agreement on participation of the company in Iranian oil and gas projects.

    The French company has expressed readiness to participate in the development of Iran's South Azadegan oil field, as well as the "Iran LNG" project, Zanganeh said, adding Iran will provide the needed information for the company to study the projects and submit its proposals.

    The Iranian minister further said that in the coming days Tehran will also sign a contract with Italian Eni to sell its crude oil.

    The company's representatives will visit Tehran in the near future to sign the contract, Zanganeh said, adding Eni has requested to purchase 100,000 barrels per day of Iranian crude oil.

    He further said that Italy's Saras SpA refinery wants to buy 60,000-70,000 barrels per day of crude from Iran as well.

    The refinery was one of Iran's crude costumers before toughening of the international sanctions against Iran in 2012.

    Zanganeh underlined that Iran's crude oil sales to Europe will surpass 300,000 barrels per day once the aforementioned contracts come into force.

    Last month, Greece's biggest oil refiner Hellenic Petroleum also agreed to buy crude oil from Iran.

    Hellenic Petroleum was a major buyer of Iranian crude, which accounted for about 20 percent of the southeast European country's annual crude oil imports before the sanctions were imposed in 2011.

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    16
  • OPEC-Russia co-op may motivate others produce more oil
    06.02.2016 12:39
    http://cdn.trend.az/pictures/2007/12/21/Oil_211207.jpg
    http://cdn.trend.az/pictures/2007/12/21/Oil_211207.jpg
    Baku, Azerbaijan, Feb. 5

    By Aygun Badalova - Trend:

    While the possible OPEC-Russia collaboration on oil output cuts is anything but certain, the move will trigger other oil producers to react, an energy market analyst believes.

    "Although unlikely, if OPEC would collaborate with Russia on production cuts to stabilize prices, it would give other non-OPEC producers, such as the US, more incentive to produce," Anthony Headrick, energy market analyst at CHS Hedging LLC told Trend.

    Reportedly, six members of OPEC have agreed to hold an urgent meeting to discuss the possible oil production cuts to push oil prices up.

    According to Eulogio del Pino, the oil minister of Venezuela, initiator of holding such a meeting, Iran, Oman and Iraq are among those who agreed on it. Russia, he said, also support the idea to hold urgent meeting.

    Alexander Novak, Russian energy minister, said Jan. 28 that the planned OPEC meeting in February with representatives of other oil-producing countries could discuss reduction of oil production by each producer country by five percent, but a general agreement is needed for that.

    Headrick believes, that even if there is an agreement, it is unlikely that Iran and Iraq will comply with a coordinated production cut.

    Currently Iraq is the only country that doesn't fall under OPEC production quota. The country produced 4.3 million barrels of oil per day by end 2015, according to OPEC.

    Free of sanctions, Iran plans to increase its oil export by 500,000 barrels per day, and then raise the figure by another 500,000 to two million barrels per day within a six month period.

    "Iran is determined to return lost production, which will help keep global oil values pressured," Headrick said.

    Speaking about the current oil prices, Headrick said that volatility near $30 can be expected to continue, in part on short covering rallies.

    "However, the fundamental outlook remains weak due to a supply overhang that should continue to keep crude oil values under pressure in the medium term," he said.

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    23
  • Armenian army fires at Azerbaijani positions; breaks ceasefire 101 times
    06.02.2016 12:10
    http://cdn.trend.az/pictures/2012/06/07/Karabax_albom_070612.jpg
    http://cdn.trend.az/pictures/2012/06/07/Karabax_albom_070612.jpg
    Baku, Azerbaijan, Feb. 6

    Trend:

    Over the past 24 hours, Armenian armed forces 101 times broke ceasefire with Azerbaijan on various parts of the contact line between Azerbaijani and Armenian troops, said Azerbaijani Defense Ministry Feb. 6.

    Azerbaijani positions located in the Aghdam village of Tovuz district and Kohnegishlag village of the Aghstafa district underwent fire from Paravakar village of Ijevan district and Mosesgeh village of Berd district, and from nameless heights in these districts.

    Azerbaijani positions also underwent fire from the positions located near Talish, Gulustan villages of the Goranboy district, Goyarkh, Chilaburt villages of the Terter district, Shikhlar, Novruzlu, Javahirli, Kangarli, Sarijali, Shuraabad, Yusifjanli, Namirli villages of the Aghdam district, Kuropatkino village of the Khojavand district, Horadiz, Garakhanbeyli, Gorgan, Ashagi Seyidahmadli villages of the Fizuli district and Mehdili village of the Jabrayil district.

    Armenians also violated ceasefire from positions located on nameless heights in the Goygol, Goranboy, Khojavand, Fizuli and Jabrayil districts.

    Azerbaijani armed forces inflicted 102 strikes on enemy positions.

    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.

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    19
  • A new head has been named at Turkmenistanв's Supreme Audit Chamber.
    06.02.2016 11:59
    http://cdn.trend.az/pictures/2016/01/06/trend_ashgabad_city_060116_102.jpg
    http://cdn.trend.az/pictures/2016/01/06/trend_ashgabad_city_060116_102.jpg
    Ashgabat, Turkmenistan, Feb. 6

    By Huseyn Hasanov - Trend:

    A new head has been named at Turkmenistan's Supreme Audit Chamber.

    Chary Gylyjov was appointed the chairman of the structure.

    Before this appointment, Gylyjov was serving as the Supreme Audit Chamber's deputy chairman.

    The Supreme Audit Chamber of Turkmenistan was created in 2007.

    It was established to strengthen the control over the implementation of legal acts on financial and economic activities, preservation, legitimacy and effectiveness of the use and disposal of state property and financial resources.

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    13
  • Revenues of Azerbaijani bank from subsidiary in Georgia made public
    06.02.2016 10:49
    http://cdn.trend.az/pictures/2014/12/17/pasha_bank_logo_eng_171214.jpg
    http://cdn.trend.az/pictures/2014/12/17/pasha_bank_logo_eng_171214.jpg
    Baku, Azerbaijan, Feb. 4

    By Anvar Mammadov - Trend:

    The revenues of Azerbaijani PASHA Bank from its subsidiary in Georgia (PASHA Bank Georgia) were 189,480 Georgian laris ($75,980) in 2015, said PASHA Bank Georgia.

    The revenues were generated by overdraft operations and payments on loans.

    PASHA Bank Georgia paid 4,900 Georgian laris ($1,970) to PASHA Holding during the reporting period, said the bank.

    PASHA Bank Georgia operates since February 2013.

    PASHA Bank was founded in 2007. PASHA Bank OJSC, along with PASHA Insurance, PASHA Life, PASHA Travel, and PASHA Construction is a member of Pasha Holding, which is actually an investment company, but not a classic holding company.

    The official exchange rate set by the National Bank of Georgia is 2.4939 GEL/USD as of Feb. 4.

    ---

    Follow the author on Twitter: @Anvar_Mammadov

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    21
  • Azerbaijani armed forces destroy Armenian military equipment
    06.02.2016 10:39
    http://cdn.trend.az/pictures/2016/02/06/stop_photo_060216.jpg
    http://cdn.trend.az/pictures/2016/02/06/stop_photo_060216.jpg
    Baku, Azerbaijan, Feb. 6

    Trend:

    Azerbaijani armed forces as a result of the strikes inflicted on Armenian positions destroyed the equipment and personnel of the Armenian army.

    Armenian side's equipment and military personnel were eliminated, the Azerbaijani Defense Ministry said Feb. 6.

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    13
  • Turkey bombs PKK positions in northern Iraq
    06.02.2016 10:13
    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, Feb. 6

    Trend:

    Turkey's armed forces carried out a major operation against the Kurdistan Workers' Party (PKK) in northern Iraq.

    A large number of F-4 and F-16 fighter jets were used during the operation, Anadolu Agency reported Feb. 6.

    Turkish military inflicted air strikes using high-precision bombs on the PKK facilities in Qandil region in the northern Iraq.

    Reportedly, PKK's weapon depots, fuel tanks, as well as shelters were destroyed during the operation.

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    17
  • Iran launches regular shipping voyages to Oman
    06.02.2016 10:11
    http://cdn.trend.az/pictures/2015/05/17/iran_ship_170515.jpg
    http://cdn.trend.az/pictures/2015/05/17/iran_ship_170515.jpg
    Tehran, Iran, Feb. 5

    By Mehdi Sepahvand -Trend:

    The shipping company Khadri Jahan Darya is being subsidized in order to launch a regular shipping line to Oman for one year starting February 4.

    Speaking about the arrangement, CEO of Trade Service at Iran's Trade Development Organization Farhad Nouri said the line will connect Iran's Rajaei Port to Sohar Port in Oman, IRNA news agency reported February 5.

    He further explained that in the first six months of the Iranian fiscal year (starting March 20), two voyages a month will be conducted, while during the second half of the year, three voyages will be conducted per month.

    The official said the line is subsidized from a 500-billion-rial credit (each USD is about 30,000 rials) assigned for improving non-oil exports and related transportation.

    The annual trade turnover between Iran and Oman in recent years has stood at most at $400 million.

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    15
  • At least three killed, dozens injured as quake hits Taiwan
    06.02.2016 09:19
    http://cdn.trend.az/pictures/2016/02/06/taiwan_060216.jpg
    http://cdn.trend.az/pictures/2016/02/06/taiwan_060216.jpg
    People look through a name list of surviving people at a quake site in Tainan, southeast China's Taiwan, Feb. 6, Xinhua reported.

    At least three people including an infant were killed and dozens injured when a high-rise residential building collapsed after a 6.4-magnitude earthquake hit Kaohsiung neighboring Tainan at 3:57 local time on Saturday

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    16
  • Serbian parliament dismisses defense minister for offensive remarks
    06.02.2016 04:21
    http://cdn.trend.az/pictures/2014/11/27/serbia_flag_120214.jpg
    http://cdn.trend.az/pictures/2014/11/27/serbia_flag_120214.jpg
    The Serbian National Assembly voted at an extraordinary session on Friday for the dismissal of Defense Minister Bratislav Gasic for his offensive remarks.

    A total of 195 lawmakers out of 250 supported the minister's dismissal after a seven-hour discussion.

    In early December, Gasic told a reporter from B92 TV that he loves female journalists who "kneel easily."

    In late January, Serbian Prime Minister Aleksandar Vucic sent a letter to the parliament with a request to dismiss Gasic. Vucic thanked the minister for good results in increasing the country's combat readiness, but added that his public remarks were unacceptable.

    After the dismissal, the prime minister has 15 days to propose a new candidate for the post of defense minister.

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    58
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