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Registration of applications for NETTY 2013 continues
11.05.2013 00:57
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Winners of the 9th National Internet Award NETTY 2013 is chosen in Azerbaijan, the website of theMinistry ofCommunications and Information Technology said.

According to the terms of the contest, participants can submit their applications for registration ofwebsites and projects from April 3 to May 31, 2013. For participation applicants should register on theNETTYwebsite: www.netty.az

Votingof the Expert Council and Virtual Jury to determine the nominees for the prizewill be held simultaneously from June 1 to June 11.

On June 12,the NETTY Academy will start its voting which will will be based on afinalchoice of the Expert Council that selects three nominees for each category and Virtual jury that selects one nominee for each category.

The Academy chooses a single award winner in each of 12 nominations. At the same time it votes on non-competitive honorary and 'special mention' prize nominations.

A new 'special mention' prize nomination for "Best mobile device applications" was open in 2013. The most popular and in-demand applications built in Azerbaijan on the basis of mobile systems Android, iOS, Windows Phone will be determined within the nomination.

This year the Academy will also traditionally award a honorary prize "For contribution to development of the domestic information technologies" and "IT developments of the year".

The competition is supported by the Ministry of Communications and Information Technologies and Ministry of Culture and Tourism.

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.
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    http://cdn.trend.az/pictures/2013/02/19/yerevan_190213.jpg
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    http://cdn.trend.az/pictures/2014/10/30/mid_turkey_301014.jpg
    http://cdn.trend.az/pictures/2014/10/30/mid_turkey_301014.jpg
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    http://cdn.trend.az/pictures/2014/01/30/james_clapper_300114.jpg
    http://cdn.trend.az/pictures/2014/01/30/james_clapper_300114.jpg
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    http://cdn.trend.az/pictures/2015/02/10/e-visa_2.jpg
    http://cdn.trend.az/pictures/2015/02/10/e-visa_2.jpg
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    http://cdn.trend.az/pictures/2012/11/14/Flags_Azerbaijan_Britain_141112.jpg
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    http://cdn.trend.az/pictures/2012/07/18/Pasha_bank_logo_aze_180712.jpg
    http://cdn.trend.az/pictures/2012/07/18/Pasha_bank_logo_aze_180712.jpg
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    ---

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    http://cdn.trend.az/pictures/2012/07/16/ADIF_logo-albom.jpg
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    10
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    http://cdn.trend.az/pictures/2013/08/29/ashgabat_290813.jpg
    Ashgabat, Turkmenistan, Feb. 9

    By Huseyn Hasanov- Trend:

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    10
  • Azerbaijan ensures state support to non-Islamic religious communities
    09.02.2016 19:34
    http://www.today.az/pictures/pic147698.jpg
    http://www.today.az/pictures/pic147698.jpg
    /By Azernews/

    By Amina Nazarli

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    He emphasized that the government provides mosques, synagogues and churches with benefits to ensure electricity.

    Touching upon the tension developed between Sunnis and Shia in some Muslim countries, the chairman stressed that Azerbaijan does not experience such situations, thanks to upbringing and mentality of the people.

    ''Recently, Sunnis and Shia made a joint prayer in the Heydar mosque in Baku. Azerbaijani families do not inculcate hatred in children towards anyone,'' he said, voicing tolerance in Azerbaijan is supported at the state level.

    Today many people die in clashes on national, ethnic, religious grounds in some 30 countries, said Gurbanli.

    ''National, ethnic and religious conflicts led to the death of 2.5 million people during past 15 years. Some 50 million people have been expelled from their native lands,'' the chairman said.

    He added Azerbaijan hosts about one million refugees and IDPs.

    ''The UN has identified 10 major global problems, which urges the humanity to unite to solve them. Even the richest countries in the world are not able to tackle many of these problems. They can be solved by inter-religious dialogue and multiculturalism,'' Gurbanli noted.

    The International Winter School of multiculturalism "Multiculturalism as a way of life in Azerbaijan: teach, explore, share" was launched in Baku on February 8.

    Organized jointly by the Baku International Center of Multiculturalism, Knowledge Foundation under the Azerbaijani President and the Baku Slavic University, the event will last until February 15 and will be held in Guba, Khachmaz and Gusar regions.

    The winter school is attended by students from Russia, Switzerland, Ukraine, Turkey, Italy, Portugal, Poland, the Czech Republic, Lithuania and Germany.

    Azerbaijan, a country at crossroads of numerous cultures, religions and civilizations, was known as a bridge between Europe and Asia since antiquity.

    The country always was a land, where different nations, languages and cultural traditions met and interacted.

    Azerbaijan played an important role in the interaction of different religious groups of the region, although the secular state Azerbaijan has an overwhelming majority of Muslim population (96 percent).Worshipers of other religions enjoy freedom here, and one can often witness Jewish synagogues and Orthodox and Christian churches and other religious centers functioning freely here.

    As a country with polyethnic composition, Azerbaijan has declared 2016 the Year of Multiculturalism.

    Today, when the world is struggling with different religious and ethnic dissension, Azerbaijani multiculturalism plays the role of a ''catalyst'', proving that people of different nationalities and religions can live in peace side by side.

    Taking intercultural dialogue as one of the most pressing challenges of the contemporary world, Azerbaijan has been sponsoring World Forum on Intercultural Dialogue in Baku once every two years since 2011.
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  • Kazakhstanв's gold and currency reserves continue to decrease
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    http://cdn.trend.az/pictures/2012/08/17/Gold_money_rezerv_170812.jpg
    Baku, Azerbaijan, Feb. 9

    By Elena Kosolapova - Trend:

    Kazakhstan's gold and currency reserves including gross reserves of the National Bank and the National Fund's assets slightly decreased to $90.64 billion in January 2016, said the statement of the Kazakh National Bank Feb. 9.

    National Fund's assets increased by 0.22 percent - up to $63.65 billion since the beginning of the year.

    Gross international reserves of the National Bank decreased by 3.15 percent - up to $26.99 billion in the reporting period.

    Net international reserves decreased by 3.54 percent - up to $26.98 billion in January.

    Assets in currency decreased by 6.32 percent - up to $19.02 billion.

    Assets in gold increased by 5.32 percent - up to $7.98 billion.

    As previously reported, over 2015, Kazakhstan's gold and currency reserves, including gross reserves of the National Bank and the National Fund's assets decreased up to $91.38 billion in January compared to $102.45 billion in the beginning of the year.

    ---

    Follow the author on Twitter: @E_Kosolapova

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    8
  • Turkcell ready to increase activity in Azerbaijan, Kazakhstan, Georgia, Moldova
    09.02.2016 19:31
    http://cdn.trend.az/pictures/2015/09/18/turkcell_logo_180915.jpg
    http://cdn.trend.az/pictures/2015/09/18/turkcell_logo_180915.jpg
    Baku, Azerbaijan, Feb. 9

    By Azad Hasanli - Trend:

    Turkey's biggest mobile operator Turkcell is planning to proceed with its effort to buy the stake owned by TeliaSonera AB in Fintur Holdings, Bloomberg reported Feb. 9.

    Turkcell Iletisim Hizmetleri AS has made a non-binding bid for the 58.55 percent stake in Fintur Holdings that it doesn't own and will follow with another offer after completing due diligence, Chief Executive Officer Kaan Terzioglu said Feb. 9.

    Turkcell now owns 41.45 percent of Fintur, which operates in Azerbaijan, Kazakhstan, Georgia and Moldova. Terzioglu didn't give further details.

    "We are constantly reviewing our asset portfolio," Terzioglu said after he signed a license agreement with Turkey's telecommunications regulator for 4.5G high-speed mobile Internet services.

    Turkcell hired Citigroup Inc. and HSBC Holdings Plc to advise on the Fintur stake, two people with knowledge of the matter said in November 2015. At the time, Pareto Securities valued TeliaSonera's Fintur stake at about $430 million.

    TeliaSonera, the largest Swedish phone carrier, is Turkcell's biggest shareholder with a 38 percent stake. Other Turkcell investors include Russian billionaire Mikhail Fridman's investment company and Cukurova Holding AS.

    TeliaSonera announced the reduction of its presence in the Eurasia region (Azerbaijan, Nepal, Kazakhstan, Uzbekistan, Georgia, Moldova and Tajikistan) in September 2015.

    It intends to fully leave the Eurasian region. As part of its new strategy, TeliaSonera will concentrate on the activity in Europe, particularly in Sweden.

    Fintur Holdings BV, in which TeliaSonera owns 58.55 percent, has a share in Azerbaijan's Azercell Telecom.

    Azercell Telecom LLC was founded in 1996 and since the first years sustains a leading position on the market. Azercell introduced number of technological innovations in Azerbaijan: GSM technology, advance payment mobile services, GPRS/EDGE, 24/7 Customer Care, M2M, MobilBank, full-time operating Azercell Express offices, mobile e-service "ASAN imza" (ASAN signature) and others. With 48.12 percent share of Azerbaijan's mobile market Azercell's network covers 99.8 percent of the country's population.

    Currently, the number of Azercell's subscribers reached 4.5 million people. In 2011 Azercell deployed 3G and in 2012 the fourth generation network - LTE in Azerbaijan. The Company is the leader of Azerbaijan's mobile communication industry and the biggest investor in the non-oil sector.

    7
  • American Islamic leader to address Iranians on revolution anniversary
    09.02.2016 18:42
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    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    Baku, Azerbaijan, Feb. 9

    By Khalid Kazimov - Trend:

    Louis Farrakhan, leader of the US-based Islamic religious movement Nation of Islam, is expected to address Iranians during a ceremony marking the 37th anniversary of the Islamic Revolution of Iran on Feb. 11.

    Asghar Abkhezr, an official in charge of organizing the ceremony, said Farrakhan is expected to deliver his speech as a special guest before President Hassan Rouhani's scheduled address, Mehr news agency reported Feb. 9.

    On Feb. 11, the Islamic Republic celebrates the anniversary of the Islamic Revolution of 1979 when the revolution leader Ayatollah Khomeini returned to Iran after almost 15 years of exile and took the control of the country after toppling Pahlavi monarchy.

    Each year on Feb. 11, a large number of Iranians take to streets carrying banners and images of the late founder of the Islamic Republic, Ayatollah Ruhollah Khomeini, as well as Supreme Leader Ayatollah Seyed Ali Khamenei, to re-affirm their allegiance to the Islamic Revolution.

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

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    14
  • US must choose between Turkey and terrorist organizations, Turkish Foreign Ministry
    09.02.2016 18:42
    http://cdn.trend.az/pictures/2015/11/28/syria_army_281115.jpg
    http://cdn.trend.az/pictures/2015/11/28/syria_army_281115.jpg
    Baku, Azerbaijan, Feb. 9

    By Rufiz Hafizoglu - Trend:

    The US must make a choice between Turkey and terrorist organizations, Turkish Foreign Minister Mevlut Cavusoglu said, Turkish TRT Haber TV channel reported Feb. 9.

    He thinks that the US's statement that the Kurdish Democratic Union Party (PYD) in Syria is not a terrorist organization is contrary to common sense.

    "Turkey has repeatedly reported about the facts of the PYD's close cooperation with the PKK terrorists," said Cavusoglu.

    Earlier, US officials said that the Kurdish Democratic Union Party (PYD) in Syria is not a terrorist organization.

    ---

    Follow the author on Twitter: @rhafizoglu

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    8
  • Turkey strengthening positions on Turkmen market
    09.02.2016 18:41
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    http://cdn.trend.az/pictures/2013/08/29/ashgabat_290813.jpg
    Ashgabat, Turkmenistan, Feb. 9

    By Huseyn Hasanov- Trend:

    Turkish companies and businessmen increasingly strengthen their positions on the promising Turkmen market, Turkmen President Gurbanguly Berdimuhamedov said in his addressing speech to participants of a joint Turkmen-Turkish business forum and exhibition opened in Ashgabat Feb. 9.

    A delegation of representatives of more than Turkish 100 companies specializing in mechanical engineering, chemical industry, production of industrial, agricultural and water-economic equipment, trade, education, construction and other fields has arrived in Ashgabat to participate in the forum and exhibition.

    The forum and exhibition will last until February 11.

    "I am confident that this exhibition and the Turkmen-Turkish business forum held within its framework will be of great importance for the expansion of bilateral trade and economic partnership, increase in export of goods, development of business relations with Turkish companies and investors, wide attraction of foreign capital into the national economy," the president of Turkmenistan said.

    The intergovernmental Turkmen-Turkish commission for economic cooperation and Turkmen-Turkish business council play an important role in activation of the partnership, Berdimuhamedov said in his addressing speech.

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    8
  • British Airways launches new On Business loyalty programme in Azerbaijan
    09.02.2016 18:41
    http://cdn.trend.az/pictures/2016/02/09/british_airways_090216__(2).jpg
    http://cdn.trend.az/pictures/2016/02/09/british_airways_090216__(2).jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    British Airways has launched its revitalised On Business loyalty scheme, which will help Azerbaijan's small and medium sized enterprises (SMEs) make even more of their travel budgets.

    The new offering brings together the business loyalty programmes of British Airways, Iberia and American Airlines, allowing customers to collect and spend on all three under one scheme.

    The improved On Business programme, which already saves customers GBP 30 million a year on flights, now rewards points based on spend rather than distance travelled or number of flights.

    Other new benefits to the popular platform include:

    bull; Cash discounts on selected flights;

    bull; Three Tier ranking system to boost earning power;

    bull; Handpicked offers and bonuses for members;

    bull; A new, easy to use online account management tool.

    The new On Business has also been made more flexible so members who want immediate savings can even choose an upfront discount on flights if that works better for their company than collecting points.

    A three Tier system is being introduced, which relates to the amount customers spend on travel each year. As users progress through the Tiers, they save more to spend on reward flights and upgrades.

    Entry tier members need to spend as little as GBP 2,200 to earn enough points to redeem a reward flight on UK domestic routes and flights in Europe. In addition, members of BA Executive Club or Iberia Plus are rewarded in both schemes.

    As part of the changes, On Business has launched a brand new website, which will make it even easier for members to maximise their earning potential and spend their points effectively. It will also give access to custom reporting, as well as a clear view of who is earning where and when to help make further savings.

    Paolo De Renzis, Head of Sales for British Airways across the Middle East, Africa and Central Asia, said: "Our research told us members wanted a programme that was simple to understand, helped them manage their travel costs and recognised them for all of their spend with us. The changes we've made do exactly this. A simple way of earning points based on spend, a simple way of delivering immediate savings through discounts and tiers to reward loyalty. Therefore, it will better meet the flying needs of this dynamic and growing sector in Azerbaijan."

    About British Airways:

    bull; British Airways flies to 199 destinations, 10 destinations in the UK, 106 in Europe and 83 in the rest of the world.

    bull; British Airways offers an extensive range of carefully selected hotels, car hire and experiences in a wide range of worldwide destinations available to book with flights from ba.com/holidays.

    bull; The airline is one of the world's largest international airlines carrying approximately 40 million passengers around the world every year.

    bull; The airline offers a choice of four cabins on the majority of its long-haul services.

    bull; The airline is investing in new aircraft, new cabins, new technology and new routes.

    bull; British Airways operates the majority of flights from Terminal 5, its home at London Heathrow. This terminal is capable of handling 30 million customers a year and is the size of 50 football pitches.

    bull; British Airways' home Terminal 5 has been recognised as the world's best terminal for the fourth consecutive year in the Skytrax awards.

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    7
  • Azerbaijan sanctions TB, diabetes program
    09.02.2016 18:14
    http://www.today.az/pictures/pic147690.jpg
    http://www.today.az/pictures/pic147690.jpg
    /By Azernews/

    By Amina Nazarli

    Azerbaijan has approved the third State Program on Diabetes for 2016-2020 to enable more than 210,000 people suffering from this disease to get necessary assistance.

    The program targets to improve the quality of medical service, ensure full supply of the patients with medications, self-control devices and other gadgets, strengthen the potential of personnel involved in providing endocrinology services, and increase public awareness with the aim of preventing diabetes.

    The program envisages organizing summer camps for children with diabetes, where medical workers will monitor the state of their health.

    The first program was designed for 2005-2009 and the second for 2011-2015.

    Due to the measures identifying patients with diabetes, the mortality rate plunged by more than half over the past 10 years in Azerbaijan.

    Specialist of the Republican Endocrinology Center Narmin Ismayilova told Azernews thanks to the program some 90 children suffering with type 1 diabetes got the chance to use insulin pumps for the treatment last year and that will be continued under the new program as well.

    Insulin pumps, which helps to manage diabetes, is a special catheter placed under the skin, which deliver rapid or short acting insulin 24 hours a day to the patients with type 1 diabetes, who need to take insulin on a daily basis.

    Pumps, which make diabetics life easier, can be programmed to release sufficient amount of insulin to create the desired basal level of insulin in the body and maintain normal blood sugar levels daily.The number of children registered with diabetes under 18 years old reaches 1,500 in Azerbaijan, and most of them are teenagers aged 14 and over.

    Meanwhile, Azerbaijan has also approved a plan of action on anti-tuberculosis measures for 2016-2020.

    The program aims to prevent the spread of the disease and to reduce the number of tuberculosis-related deaths, as well as to strengthen logistics of tuberculosis treatment centers, to improve the supply of patients with medications, and to raise public awareness of the disease.

    Head of Statistics Department of the National ?nstitute for Lung Disease Research Sevinj Tagizade noted that the program will provide the patients with necessary medication and treatment.

    ''Over the subsequent five years it is planned to restore hospitals and clinics operating in the countryв's regions and to provide them modern equipment,'' she said.

    Tagizade stressed that the number of TB cases in the country has declined as compared to previous years, while fatal infections situation have also stabilized.Last year, some 9,757 went registration at medical institutions of TB. The number of registered first-time TB patients made up 4,384 people in 2014, while the number was 4,528 people in 2013.

    The government has committed itself to ensure patients with tuberculosis drugs since 2010, and the state program ensures patients with the necessary medicines to patients with drug-resistant forms of TB since 2013.

    As a result of measures held by the Azerbaijani National Program on Struggle against Tuberculosis, the country has had progress in the fight against disease.

    Azerbaijan, with more than 9.6 million population, has more than 136 medical agencies engaging in treatment of the infectious disease.
    12
  • Heavy diagnosis for Armenian corrupted government
    09.02.2016 18:14
    http://www.today.az/pictures/pic147691.jpg
    http://www.today.az/pictures/pic147691.jpg
    /By Azernews/

    By Nazrin Gadimova

    Political corruption remains Armeniaв's widespread and growing problem, ranking the country 95 among 168 countries in a list of Transparency Internationalв's Corruption Perceptions Index 2014, with a score of 35 on a scale from zero (highly corrupt) to 100 (very clean).

    Particular feature of corruption in Armenia is the presence of so-called ''oligarchs'' who enjoy the fruits of a shadow economy estimated to account for around 35 percent of Armeniaв's GDP.

    Not so long ago U.S. Ambassador to Armenia Richard Mills worked as an "engine" in a fight against corruption in Armenia. He even threatened Armenian officials with imposition of sanctions and declared that at least, he will not invite them to the events held in the Embassy.

    Corruption is a real challenge for economically weak Armenia to tackle with. Unfortunately, no way out is seen until the country's current government is in power.

    Recently, EU Representative to Armenia Peter Svitalsky has organized event named "National and International Efforts in the field of Applied Ethics" to shed a light to very harsh barriers for the development of the post-Soviet nation. The event concluded a very heavy diagnosis for Armenia: it is impossible to eradicate corruption until the high-ranking officials and parliamentarians are engaged in business.

    Corruption is the the major reason for deterioration of once warm relations between the government and the Diaspora.

    The corrupted Armenian government cannot boast wonderful ties with the large Diaspora, that numbers over eight million people while the population of Armenia is only of 2.4 million people (it is worth noting that it is an official data; actually, this figure is twice less).

    It is generally known that for some countries, Diaspora plays a particularly important role as it provides political and economic support to their historical homeland. The Armenian Diaspora does the best for its people, but, apparently, the funds raised and allocated to assist their fellow citizens, remain in the pockets of the corrupt Armenian officials.

    Thus, relations between Armenia and Diaspora have lost its force a long time ago '" the authorities of Armenia created such a situation by playing with patriotic feelings and wasting funds of Diaspora.

    Although 25 years pass since Armenia gained independence, the countryв's authorities are still unable to solve this problem pursuing personal and group interests.

    Years by years interpretations of corruption have changed, while its mechanisms got improved, but the government could not or did not want to get rid of this social evil.
    11
  • Azerbaijanв's Central Bank sets manat rate for Feb. 10
    09.02.2016 18:04
    http://cdn.trend.az/pictures/2015/02/11/dollars_110215_2.jpg
    http://cdn.trend.az/pictures/2015/02/11/dollars_110215_2.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    Official exchange rate of manat, Azerbaijani national currency, against the US dollar was set at 1.5702 manats/$1 for Feb. 10, said the Central Bank of Azerbaijan (CBA) Feb. 9.

    The average rate of manat was set following the interbank transactions on the Azerbaijani currency market, said the CBA.

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    11
  • Azerbaijan offers to increase customs duty on dumped goods
    09.02.2016 18:01
    http://cdn.trend.az/pictures/2013/11/09/account_091113.jpg
    http://cdn.trend.az/pictures/2013/11/09/account_091113.jpg
    Baku, Azerbaijan, Feb. 9

    By Azad Hasanli - Trend:

    Azerbaijan's draft law on "Anti-Dumping, Compensation and Protective Actions" will help protect local producers from dumping of goods (their import at a price less than their value) and subsidized imports, said Sahil Babayev, Azerbaijani deputy minister of economy.

    Babayev made the remarks at a meeting of the parliamentary committee on economic policy, enterprise and industry Feb. 9.

    He said the draft law envisages the measures that will help reveal the dumping cases.

    "In particular, it is offered to increase the customs duty on import of such goods to the country by the amount of the dumping margin, if such cases are revealed," he said.

    Babayev added that four directives of the World Trade Organization (WTO) have been used while working out the draft law.

    The draft law was recommended for consideration at a plenary session of the Azerbaijani parliament.

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    9
  • Turkey accelerates BTK railway construction
    09.02.2016 17:30
    http://cdn.trend.az/pictures/2015/09/01/railway_repair_010915_02.jpg
    http://cdn.trend.az/pictures/2015/09/01/railway_repair_010915_02.jpg
    Baku, Azerbaijan, Feb. 9

    By Rufiz Hafizoglu - Trend:

    The work is being rapidly conducted to complete the construction of the Baku-Tbilisi-Kars (BTK) railway in the Turkish province of Kars, the municipality of the Kars province told Trend Feb. 9.

    The BTK construction work will be conducted more rapidly after weather conditions improve, the municipality said.

    A 79 kilometer-BTK railway section stretches through Turkey, 58 kilometers of them account for the province of Kars.

    "The Baku-Tbilisi-Kars railway will be constructed in 2016," the municipality said.

    Baku-Tbilisi-Kars railway is being constructed on the basis of a Georgian-Azerbaijani-Turkish intergovernmental agreement. Azerbaijan allocated a loan of $775 million for the construction of the railway's Georgian section.

    A new 105-kilometer branch of the railroad is being constructed as part of the project.

    The peak capacity of the corridor will be 17 million metric tons of cargo per year. At the initial stage, this figure will be equal to one million passengers and 6.5 million metric tons of cargo.

    The annual transit of goods from Iran to Russia via Azerbaijan will reach about ten million tons. The North-South railway will connect Northern Europe to South-East Asia. It will serve as a link to connect the railways of Iran, Azerbaijan and Russia.

    ---

    follow the author on Twitter: @rhafizoglu

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    14
  • Turkish Foreign Ministry calls Russia to stop military actions in Syria
    09.02.2016 17:30
    http://cdn.trend.az/pictures/2014/10/30/mid_turkey_301014.jpg
    http://cdn.trend.az/pictures/2014/10/30/mid_turkey_301014.jpg
    Baku, Azerbaijan, Feb. 9

    By Rufiz Hafizoglu - Trend:

    Russia must stop military actions in Syria, Turkish Foreign Minister Mevlut Cavusoglu said, Turkish TRT Haber TV channel reported Feb. 9.

    Russia's military actions in Syria led to a new wave of refugees to Turkey, he said. He also noted that Russia mainly bombs positions of the moderate Syrian opposition.

    Today Turkish Prime Minister Ahmet Davutoglu has compared Russia's actions in Syria with the military operations in Afghanistan.

    Eventually, forces that carry out military operations in Syria will leave the country in the same manner as previously left Afghanistan, according to him.

    Davutoglu noted that, Turkey has evidences about Russia's bombing of the moderate opposition's positions.

    "Russia, Iran and Lebanon's Hezbollah are responsible for the death of civilian population in Syria," said Davutoglu.

    He also noted that Turkey expects a new wave of refugees as a result of Russia's military operations in Syria.

    Currently, Turkey is hosting more than two million Syrian refugees on its territory. The Syrian refugee camps in the country accommodate about 300,000 people. The rest of them are spread across the provinces and cities of Turkey.

    In Istanbul alone, there are currently 40,000 refugees from Syria.

    ---

    Follow the author on Twitter: @rhafizoglu

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    10
  • Only Russia, Iran act legitimately in Syria, Russian Foreign Ministry says
    09.02.2016 17:21
    http://cdn.trend.az/pictures/2015/03/02/mid_rf_070612_2.jpg
    http://cdn.trend.az/pictures/2015/03/02/mid_rf_070612_2.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    Only Russia and Iran act legitimately in Syria, and others, including the coalition led by the US, do not have legitimate reasons, Russian Deputy Foreign Minister Oleg Syromolotov said, RIA Novosti reported.

    "It is impossible to talk about the legitimacy of anti-terrorist efforts in Syria of any other foreign country except for Russia and Iran," he said.

    "The formed US-led "anti-IS coalition" doesn't have this legitimacy because there's no UN Security Council sanction for this or an invitation from the legitimate Syrian government," said Syromolotov.

    He said that earlier the Russian side took the initiative to create a single, legitimate and broad international front against terrorism, a new coalition such as the anti-Hitler coalition.

    "Something is carried out in this regard; new, high-quality resolutions of the UN Security Council were adopted, work through the International Syria Support Group (ISSG) is continued, political talks over Syria are open, giving - despite all the problems and vicissitudes - some hope for a settlement," he noted.

    "But it is the beginning of the road, and the success is only possible with the availability of states' political will of the partnership and effective collaboration. The deficiency of this will still remains," added Syromolotov.

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    13
  • Rouhani says privatization of priority for Iran in post-JCPOA era
    09.02.2016 16:50
    http://cdn.trend.az/pictures/2015/02/25/hassan_rouhani_main_250215.jpg
    http://cdn.trend.az/pictures/2015/02/25/hassan_rouhani_main_250215.jpg
    Baku, Azerbaijan, Feb. 9

    Mehdi Sepahvand - Trend:

    The government of Iran will prioritize privatization and support for the private sector with the aim of improving social welfare and economic growth, Iranian President Hassan Rouhani said.

    He said the attraction of investment and technology are of highest importance for Iran, IRIB news agency reported February 9.

    He also said corruption and monopoly are among the diseases of Iran's economy, underlining that real progress is impossible as long as they exist.

    To tackle the problems, Rouhani said, that a single customs service should be created, banks should handle their direct duties and the currency rates should be fixed.

    The Iranian president further said that the nuclear deal was a win-win game at the interest of all sides.

    Iran would continue its win-win policy to enhance relations with the world and the neighbors, he added.

    Rouhani further called removal of Iran's sanctions as a big achievement which resulted from Iranian nation's resistance.

    Iran and the P5 1 group (the US, the UK, France, China, Russia and Germany) implemented the Joint Comprehensive Plan of Action (JCPOA, aka nuclear deal),on Jan. 16, which eliminated sanctions on the country, including the restrictions over banking sector, releasing blocked assets abroad, etc.Stay up to date with latest Iran news on our specialized Facebook page

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    12
  • Kazakhstan to commission new ferry terminal until late 2016
    09.02.2016 16:42
    http://cdn.trend.az/pictures/2016/02/09/parom_terminal_090216.jpg
    http://cdn.trend.az/pictures/2016/02/09/parom_terminal_090216.jpg
    Baku, Azerbaijan, Feb. 9

    By Elena Kosolapova - Trend:

    A new ferry terminal will be commissioned in Kazakhstan in the port of Kuryk on the Caspian Sea until late 2016, the press office of the ministry of investments and development of the country reported Feb. 9.

    It is expected that construction of the ferry complex will make it possible to triple the existing capacities of Kazakhstan on the transshipment of ferry cargo and strengthen the Kazakh section of the international transport corridor in China-Europe direction.

    "The volume of cargo transportation through the ferry complex will exceed four million tons per year," the ministry said.

    The Borzhakty-Ersai railway line will connect ferry complex, which is under construction in the port of Kuryk, with railway network, the message said.

    As of today, cargo transportation by ferries from Kazakhstan to the ports of the Caspian littoral states is possible only through the port of Aktau. At the same time, the ferry terminal at this port has been working at the limit of its capacity for the recent years.

    Kazakhstan plans to increase transit transportation from the current 18 million tons of cargo to 33 million tons in 2020 and to 50 million tons in 2030.

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    13
  • Turkmenistan to reinforce control over TAPI construction
    09.02.2016 16:42
    http://cdn.trend.az/pictures/2015/05/16/tapi_160515.jpg
    http://cdn.trend.az/pictures/2015/05/16/tapi_160515.jpg
    Ashgabat, Turkmenistan, Feb. 9

    By Huseyn Hasanov - Trend:

    Turkmen President Gurbanguly Berdimuhamedov, addressing a Cabinet of Ministers meeting, urged to constantly control the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline.

    During the meeting, he also demanded to use reserves to increase natural gas production and processing, said the country's government in a message Feb. 9.

    In a report today, the "Neutral Turkmenistan" newspaper said topographic, engineering and survey works have been completed for the construction of TAPI.

    This will allow choosing an optimal route for TAPI and defining the properties of the pipes to be used to transport the natural gas.

    The TAPI project's implementation began in December 2015. The pipeline is planned to have a total length of 1,735 kilometers.

    The main document for the TAPI, called the Ashgabat Interstate Agreement, was signed in 2010.

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    10
  • Kazakh company produces record oil volume in 2015
    09.02.2016 16:40
    http://cdn.trend.az/pictures/2008/10/11/Oil_Rig_111008.jpg
    http://cdn.trend.az/pictures/2008/10/11/Oil_Rig_111008.jpg
    Baku, Azerbaijan, Feb. 9

    By Elena Kosolapova - Trend:

    Kazakh Tengizchevroil (TCO) company produced a record volume of oil - 27.16 million tons in 2015, the company said.

    The company produced 26.7 million tons of oil in 2014.

    Last year, the company sold 1.27 million tons of liquefied gas and 6.85 billion cubic meters of dry gas. TCO sold 2.7 million tons of sulphur, which is 13 percent more than in 2014 (2.4 million tons).

    Tengizchevroil LLP was founded in 1993, on the basis of the agreement signed between the government of Kazakhstan and Chevron Corporation to develop Tengiz field.

    TCO operates on the license area in Kazakhstan which covers the super-giant Tengiz field and a smaller Korolev field, as well as several promising areas for exploration.

    The shareholders of TCO are KazMunaiGas national oil and gas company of Kazakhstan (20 percent), Chevron Overseas (50 percent), ExxonMobil (25 percent) and LukArco (five percent).

    ---

    Follow the author on Twitter: @E_Kosolapova

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    11
  • Kazakhstan finds way to compensate for oil production decline
    09.02.2016 16:40
    http://cdn.trend.az/pictures/2015/04/28/oil_rig_280415.jpg
    http://cdn.trend.az/pictures/2015/04/28/oil_rig_280415.jpg
    Baku, Azerbaijan, Feb. 9

    By Elena Kosolapova - Trend:

    Kazakhstan plans to compensate the expected reduction of oil production in 2016 by commissioning the Kashagan field in the future, said the country's Energy Minister Vladimir Shkolnik.

    He made remarks about it at a meeting with the Kazakh President Nursultan Nazarbayev, said the press office of the president.

    Kazakhstan produced 79.5 million tons of oil in 2015, including gas condensate, which is 1.7 percent less than in 2014.

    It was reported earlier that the reduction of up to 77 million tons due to the depletion of deposits is expected in Kazakhstan in 2016.

    The minister noted that low oil prices forced all Kazakh companies to review their budgets towards reducing and be seriously engaged in the reduction of production prices.

    The measures taken by the ministry and the government to overcome the crisis due to the low hydrocarbon prices also were also reviewed during the meeting.

    The president drew attention to the need for implementation of all perspective projects in the energy sector, including the commissioning of Kashagan field, the project for expanding the Tengiz field, and the second phase of expanding the Karachaganak project.

    Kashagan is a large oil and gas field in Kazakhstan, located in the north of the Caspian Sea. The geological reserves of Kashagan are estimated at 4.8 billion tons of oil. The total oil reserves amount to 38 billion barrels; some 10 billion out of them are recoverable reserves.

    There are large natural gas reserves at the Kashagan field - over one trillion cubic meters.

    The production at the Kashagan field started September 2013, but in October, it was ceased after a gas leak in one of the main pipelines. The analysis revealed numerous cracks in the pipeline, which needed to be completely replaced.

    The project's operator, the North Caspian Operating Co. (NCOC) confirmed the need for a complete replacement of the gas and oil pipelines, which have a total length of about 200 kilometers.

    The production at the Kashagan is expected to resume in late 2016.

    ---

    Follow the author on Twitter: @E_Kosolapova

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    10
  • Israeli company unveils robot warship
    09.02.2016 16:29
    http://ictnews.az/uploads/f43greger_300.jpg
    http://ictnews.az/uploads/f43greger_300.jpg
    Elbit, an Israel-based defense company, today unveiled a new unmanned surface vessel dubbed the "Seagull," designed to face danger in the ocean without any humans on board. The system provides unmanned end-to-end mine hunting operation taking the man out of the mine field.

    It provides mission planning, and on-line operation in known and unknown areas, including area survey, search, detection, classification, identification, neutralization and verification. It is equipped to search the entire water volume and operate underwater vehicles to identify and neutralize mines.

    Or, in other words, the commander of another ship can send out a Seagull roboat or two to scan an area for danger and then clear it. Up to two Seagulls can be controlled at a time, which is useful but hardly the most impressive feat of aquatic remote-control.

    While Elbit's announcement didn't mention how it works or name any customers, plenty of maritime forces across the world are looking for small, seaworthy robots that can do the dirty work of finding and defusing mines.
    15
  • Alim Gasimov to perform in London
    09.02.2016 16:24
    http://www.today.az/pictures/pic147688.jpg
    http://www.today.az/pictures/pic147688.jpg
    /By Azernews/

    By Amina Nazarli

    People's artist of Azerbaijan Alim Gasimov, who introduced the national mugam art worldwide, will soon perform in London.

    The concert scheduled for July 14, will feature the renowned mugham singer and his daughter, gifted musician Fargana Gasimova.

    The exciting and diverse programme includes Azerbaijani mugham, tesnifs and folk songs.

    The concert will also feature performance of Rafael Asgarov, Rauf Islamov, Zeki Veliyev and Javidan Nabiyev, who will play Azerbaijani national musical instruments '" balaban, kamancha, tar and nagara. Tajik musician Sirodzhaddin Zhuraev will perform with the ensemble, Azertac reports.

    Mugham features poems - mostly love songs - set to improvised music. The lyrics are written down, but not the music. Varieties of compositions are performed by a group of musicians, consisting of a singer, or ''khanende,'' a gaval (percussion instrument) player, and a musician on either the stringed musical instruments ''tar'' or ''kemancha.''

    Depending on the specific mode of mugham being played, the improvisation traverses a designated number of tetrachord sequences, for example, three tetrachords consisting of 2 half-steps and one full-step, or vice versa. The improvisation for one mugham may continue for 30 minutes to a few hours.

    In 2003, UNESCO recognized the Azerbaijani Mugham as a masterpiece of the Oral and Intangible Heritage of Humanity.

    Alim discovered the world of mugham as a child, when he began singing for his own enjoyment. He grew up in the town of Shamakhi, 100 km northwest of Baku. "I had no idea that I would become a singer," he remembers.

    Alim studied at Baku's Asaf Zeynalli Music College from 1978 to 1982. His teachers included Seyid and Khan Shushinski, Zulfu Adigozalov, Hajibaba Huseynov and Agha Khan Abdullayev. In 1999, Alim won the prestigious UNESCO Music Prize, one of the highest international accolades that a musician can hope for.
    10
  • ''The Hotel Manager of the Year'' award was presented to Turhan Poyraz general manager of ''Excelsior Hotel Spa Baku''
    09.02.2016 16:21
    http://cdn.trend.az/pictures/2016/02/09/turhan_poyraz_090216.jpg
    http://cdn.trend.az/pictures/2016/02/09/turhan_poyraz_090216.jpg
    The general manager of "Excelsior Hotel amp; Spa Baku" Turhan Poyraz was awarded with nomination of "Hotel Manager of the Year" of "Azeri Business Award" National Award for his contribution to the development of tourism in Azerbaijan by "Business Time" magazine.

    Accepting the "Azeri Business Award" National Award Turhan Poyraz expressed his gratitude to founders of the magazine for their confidence: "I am grateful to "Business Time" magazine for choosing me to the first place and express my gratitude to editorial staff of the magazine. It is very valuable assessment in a such country Azerbaijan developed in the shere of tourism and hotel system. Choosing me the best hotel manager of the year comes from the confidence to my activity.

    "Azeri Business Award" National Award is presented to the most dinamic and bright representatives who formed a new image of the national business and the business growth of candidates is taken in choosing them. The award presentation ceremony was held on February 5, 2016.

    "Excelsior Hotel Baku" has been operating since August 2005. The hotel has 1 "Imperial Lux", "Royal Lux", 4 "Crown Lux", 45 "Heritage", 9 small "Duke" standard rooms, meeting and conference rooms, business center, restaurants and "Aura" wellness center.

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    12
  • New NASA spacecraft runs on light
    09.02.2016 15:47
    http://ictnews.az/uploads/nasa-ishiq.jpg
    http://ictnews.az/uploads/nasa-ishiq.jpg
    In 2018, a small space probe will unfurl a sail and begin a journey to a distant asteroid. It's the first NASA spacecraft that will venture beyond Earth's orbit propelled entirely by sunlight. This technology could enable inexpensive exploration of the solar system and, eventually, interstellar space.

    The $16 million probe, called the Near-Earth Asteroid Scout, is one of the 13 science payloads that NASA announced Tuesday. They will hitch a ride on the inaugural flight of the Space Launch Systemmdash;the megarocket designed to replace the space shuttle and, one day, send the Orion spacecraft to Mars.

    It will take 2.5 years for the NEA Scout to reach its destination, a smallish asteroid named 1991 VG. But it won't be a leisurely cruise. The continuous thrust provided by sunlight hitting the solar sail will accelerate the probe to an impressive 63,975 mph (28.6 km/s) relative to the sun.

    Given enough time, a spacecraft equipped with a solar sail can eventually accelerate to higher speeds than a similarly sized spacecraft propelled by a conventional chemical rocket.

    Solar sails are made of ultrathin, highly reflective material. When a photon from the sun hits the mirror-like surface, it bounces off the sail and transfers its momentum to the spacecraftmdash;the same way that a cue ball transfers its momentum when it smacks into another ball in a game of pool.

    The solar sail concept has been around since 1924, when Soviet rocket pioneers Konstantin Tsiolkovsky and Friedrick Tsander speculated about spacecraft "using tremendous mirrors of very thin sheets" and harnessing "the pressure of sunlight to attain cosmic velocities."

    NASA began investing in solar sail technology in the late 1990s. In 2010, it successfully launched a small, sail-propelled satellite into Earth's orbit, where it remained for 240 days before reentering the atmosphere.

    That same year, the Japanese space agency demonstrated the feasibility of solar sails for interplanetary travel. A test craft hitched a ride aboard the Venus probe Akatsuki. The solar sail, dubbed the Interplanetary Kite-craft Accelerated by Radiation Of the Sun (IKAROS), was released into space by the probe when it was 4.3 million miles away from Earth. Six months later, IKAROS made history when it successfully flew by Venus.

    Solar sails have become feasible thanks to the revolution in electronics. NASA sees such reconnaissance as an essential first step for future crewed missions to asteroids.
    17
  • 'Wrong type of trees' in Europe increased global warming
    09.02.2016 15:36
    http://www.today.az/pictures/pic147685.jpg
    http://www.today.az/pictures/pic147685.jpg
    The assumption that planting new forests helps limit climate change has been challenged by a new study.

    Researchers found that in Europe, trees grown since 1750 have actually increased global warming, according to the BBC News.

    The scientists believe that replacing broadleaved species with conifers is a key reason for the negative climate impact.

    Conifers like pines and spruce are generally darker and absorb more heat than species such as oak and birch.

    The authors believe the work has implications for current efforts to limit rising temperatures through mass tree planting.

    Management issues

    Europe's green canopy was dramatically thinned between 1750 and 1850, when the forested area diminished by 190,000 sq km.

    Ironically the greater use of fossil fuels, particularly coal, slowed the timber rush, and from 1850 to the present day, Europe's forests grew by some 386,000 sq km and now cover 10% more land than before the industrial revolution.

    However, the form and content of these new woods differed considerably from what went before.

    In the distant past, these forests ran wild - but in the modern world, some 85% of Europe's trees are managed by humans. And over the past 150 years, foresters have adopted a scientific approach to woodlands - planting faster growing, more commercially valuable trees such as a Scots pine and Norway spruce.

    Removing trees in an organized fashion tends to release carbon that would otherwise remain stored in forest litter, dead wood and soil.

    The authors suggest the world should look carefully at both the types trees that we are planting and the ways in which they are managed.

    The study has been published in the journal Science.

    /By Azertac/
    15
  • 2 killed, 8 injured in fire on Mexico offshore oil platform
    09.02.2016 15:36
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    http://www.today.az/pictures/pic147686.jpg
    Mexico's state oil company says a fire that erupted on an oil platform in the Gulf of Mexico killed two workers and injured eight, according to CNBC.

    Petroleos Mexico says via Twitter that the fire on the Abkatun A platform off the coast of the southern state of Campeche was brought under control Sunday morning and the installation was never abandoned.

    It says one Pemex employee and a worker for a contractor died in the blaze. Six of the injured were hospitalized and two were treated and released.

    Pemex says the fire began in an area of compression equipment but has not given any information on the cause.

    /By Azertac/
    9
  • IEA: global oil demand to ease back considerably
    09.02.2016 15:33
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    http://cdn.trend.az/pictures/2016/02/09/iea_logo_090216.jpg
    Baku, Azerbaijan, Feb. 9

    By Aygun Badalova - Trend:

    The global oil demand will ease back considerably in 2016 to 1.2 million barrels per day (bpd) compared to a five-year high of 1.6 million bpd in 2015, according to the international Energy Agency's (IEA) Oil Market Report, published on Feb. 9.

    The global oil demand will be pulled down by notable slowdowns in Europe, China and the US, according to the report.

    IEA'e estimates show that the global oil supply dropped 0.2 million bpd to 96.5 million bpd in January, as higher OPEC output only partly offset lower non-OPEC production.

    Non-OPEC supplies slipped 0.5 million bpd from a month earlier to stand close to levels of a year ago, according to the report.

    For 2016 as a whole, IEA forecasts non-OPEC output to decline by 0.6 million bpd to 57.1 million bpd.

    IEA estimates that OPEC crude oil output rose by 280,000 bpd in January to 32.63 million bpd as Saudi Arabia, Iraq and a sanctions-free Iran all turned up the taps. Supplies from the group during January stood nearly 1.7 million bpd higher year-on-year.

    Total OPEC production in 2015 amounted to 31.846 million barrels per day compared to 30.771 million barrels per day in 2014, according to OPEC latest report.

    The official production quota for OPEC production is set at 30 million barrels per day.

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    12
  • Iran soon to showcase controversial missile
    09.02.2016 14:50
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    Tehran, Iran, Feb. 9

    By Mehdi Sepahvand - Trend:

    Iran will showcase its Emad ballistic missile during the Iranian revolution anniversary demonstrations on Feb. 11, said the Propagation Office of Iranian Defense Ministry Feb. 9.

    The Emad is the latest generation of Iran's long-range ground-to-ground ballistic missiles, which can be guided to assure that intended targets are hit, according to the Iranian officials.

    In October 2015, Iran test fired the Emad missile triggering controversies.

    In particular, several Western sources claimed that Tehran violated the UN Security Council's resolution 2231 by test-firing the Emad, suggesting it is capable of carrying a nuclear warhead.

    The UNSC resolution 2231, adopted July 20, 2015, endorses the nuclear deal between Tehran and the world powers and calls upon Iran not to undertake any activity related to ballistic missiles that can deliver nuclear weapons, as well as launching ballistic missiles, such as Emad.

    The Defense Ministry's Propagation Office today also said that during the revolution anniversary demonstrations, Iran will demonstrate its Simorgh satellite carrier as well.

    Simorgh is a two-phase satellite carrier, built by Iran's defense industry sector as part of the country's aerospace program. It can deliver the satellites up to 100 kilogram of weight to the 500-kilometer orbit.

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

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    24
  • Baku City Circuit announces Formula 1 Grand Prix Ambassadors
    09.02.2016 14:44
    http://www.today.az/pictures/pic147683.jpg
    http://www.today.az/pictures/pic147683.jpg
    /By Azernews/

    By Nazrin Gadimova

    Baku City Circuit (BCC) has announced three of the most recognizable figures in Azerbaijan as Official Ambassadors for the 2016 Formula 1 Grand Prix of Europe.

    With 129 days left until Azerbaijanв's inaugural Formula 1 race, Tunzala Aghayeva, the famous composer, singer and Ambassador for the Baku 2015 European Games; Rahim Aliyev, well known as the ''F1 voice'' in Azerbaijan, and Gulhuseyn Abdullayev, Azerbaijanв's promising young Formula 3 driver, are lending their support to the biggest motorsport event to be held in Azerbaijan this summer.

    The goal of the Ambassadorsв' Programme is to reach a broader audience in Azerbaijan through their popularity and recognition. The role of each ambassador will include involvement in special BCC events, supporting various promotional campaigns related to the F1 race weekend and reaching out to their millions of social media followers to help enhance general awareness of and support for the 2016 Formula 1 Grand Prix of Europe.

    BCCв's Head of Marketing and Communications Nigar Arpadarai said that the announcement of the Ambassadors Programme is the next step in delivering a spectacular sporting event.

    ''I am sure that our Ambassadors will help to generate great excitement amongst the people of Azerbaijan and encourage more people to get involved with the 2016 Formula 1 Grand Prix of Europe,'' she stressed.

    Arpadarai also added that BCC intends to expand the Ambassadorsв' Programme in the coming months by presenting new names who will contribute to the promotion of the inaugural race in both Azerbaijan and across Europe.

    Speaking about her new nomination as an ambassador for the 2016 Formula 1 Grand Prix of Europe, Tunzala Aghayeva said she is delighted to act as an Ambassador for such a major sporting event.

    ''It is an honor for me to help create history for our country,'' she said. ''I am excited to start encouraging young people to engage with the biggest global motorsport event ever held in Azerbaijan.''

    Tunzala Aghayeva displayed incredible dedication while she was a celebrity ambassador of the inaugural Baku 2015 European Games, where she was tasked with a special mission to support and promote its Volunteer Programme.

    Rahim Aliyev, in turn, has been commented Idman-Azerbaijanв's F1 programming since 2010. He is also the founder of popular F1 news portal - www.f-1.az - which has been educating Azerbaijanв's public on all things Formula 1 since 2005.

    The youngest Ambassador, Gulhuseyn Abdullayev, has represented Azerbaijan in numerous international motorsport competitions and is now a Formula 3 driver. He recently won the ''Formula Gulf 1000'' race held in Dubai.

    Ambassadors will participate in race awareness and marketing campaigns around the country and on social media to promote the inaugural 2016 Formula 1 race, which Baku will host on June 17-19. The specially constructed Baku City Circuit will see Formula 1 cars race around the picturesque streets of downtown Baku, incorporating the cityв's UNESCO-protected old town '" Icheri Sheher - as well as its modern skyline and beautiful Caspian Sea vista in front of a global audience of millions.

    With a length measuring at slightly over six kilometres, the 20-corner track will be lapped 51 times, with cars reaching potential speeds of up to 340km per hour, marking the circuit out as the fastest street circuit on the existing F1 calendar.

    The circuit offers a number of challenges for drivers, including an extremely narrow uphill section along the old town walls that will require pinpoint accuracy, and it has an acceleration section of almost 2.2 kilometres along the seaside promenade, which will see the cars running flat out at very high speed - something that will create an incredible show for race fans.
    14
  • Iran urges for $200-billion investment to develop oil industry
    09.02.2016 14:41
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    http://cdn.trend.az/pictures/2015/08/24/oil_240815.jpg
    Baku, Azerbaijan, Feb. 9

    By Khalid Kazimov - Trend:

    Iran's Oil Minister Bijan Namdar Zanganeh has called for $200 billion of investment for development of country's oil industry, Shana news agency reported.

    The minister said that Iran doesn't have enough of domestic sources to develop the oil industry, thus foreign investment is needed.

    The new model of oil contracts (IPC) is aimed at attracting foreign investment, he said at a press conference in Tehran.

    According to Zanganeh, Iranian oil industry's upstream projects need $130 billion of investment while the downstream projects demand $70 billion to be developed.

    He further added that several regional countries have taken measures to discourage foreign investors from investing in Iran.

    Last November, Tehran hosted 137 companies from 45 countries for a two-day conference, during which legal generalities of the IPC were introduced and it was announced that more details about the contracts would be unveiled during a conference likely to be held in London in February 2016.

    However, on Jan. 30 Iran announced that the country has decided to cancel the London conference due to "problems for issuing UK visa".

    Prior to the scheduled London conference, a group of Iranian conservatives protested against the IPC suggesting the new model of the oil contract is against the Iranian constitution.

    The IPC is a framework that lays out the basic structure - and some details - regarding all future petroleum contracts in Iran. It was earlier announced that the country plans to boost oil production to 5.7 million barrels a day and gas output to 1.4 billion cubic meters a day by 2021.

    Iran's current oil production is estimated to be around 2.8 million barrels per day of which about one million barrels are exported.

    By holding 157.8 billion barrels of recoverable crude oil reserves, Iran possesses the world's fourth largest reserves of crude oil.

    The Islamic Republic also holds 34 trillion cubic meters of proven gas reserves, sharing 18.2 percent of total global gas reserves.

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

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    14
  • Nar organizes professional boxing trainings for orphans and children from poor families
    09.02.2016 14:41
    http://cdn.trend.az/pictures/2016/02/09/nar_090216_01.jpg
    http://cdn.trend.az/pictures/2016/02/09/nar_090216_01.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    In the framework of corporate social responsibility strategy Nar has launched new social project together with Rabita club. Within the project which is aimed at sports and effective organization of leisure time of youth free professional boxing trainings have been started in Rabita sports club for 15 orphans and children from poor families.

    Trainings held by the athletes who achieved high results and gained various successes at the Olympic Games, World and European, as well as in Azerbaijani championships caused great joy of the children. In the frame of the project transportation and all the sports equipment which are necessary for professional athlete has been organized for the children.

    Notably, social project is being carried out by the mobile operator Nar under the sponsorship of Rabita sports club. The club unites more than 30 professional boxers around it. Members of Rabita sports club have won hundreds of medals in various international tournaments during 5-year period and achieved high results.

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    13
  • Drowned foreigners in Azerbaijan hunted without permission
    09.02.2016 13:22
    http://cdn.trend.az/pictures/2015/02/06/trend_ekologiy_ministry_main.jpg
    http://cdn.trend.az/pictures/2015/02/06/trend_ekologiy_ministry_main.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    The foreigners recently drowned in the channel of the Imishli district of Azerbaijan had no permission to hunt, the Azerbaijani Ministry of Ecology and Natural Resources told Trend Feb. 9.

    A citizen of Saudi Arabia and a citizen of Qatar drowned in the channel located in the Khalifali village, the Imishli district at night February 8, 2016.

    Other citizen of Qatar was injured.

    Story still developing

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    36
  • Fitch affirms ratings of three private Uzbek banks
    09.02.2016 12:41
    http://cdn.trend.az/pictures/2012/06/21/Fitch_Ratings_Album.jpg
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    Tashkent, Uzbekistan, Feb. 9

    By Demir Azizov- Trend:

    Fitch Ratings has affirmed PJSB Trustbank's (TB) and Ipak Yuli's Bank (IY) Long-term foreign currency Issuer Default Ratings (IDR) at 'B-' with Stable Outlooks, and assigned Universalbank (UB) a 'CCC' Long-term foreign currency IDR, Fitch said Feb. 9.

    Ipak Yuli Bank

    Long-term foreign and local currency IDRs: affirmed at 'B-', Outlook 'Stable'

    Short-term foreign and local currency IDRs: affirmed at 'B'

    Viability Rating: affirmed at 'b-'

    Support Rating: affirmed at '5'

    Support Rating Floor: affirmed at 'NF'

    Trustbank

    Long-term foreign and local currency IDRs: affirmed at 'B-', Outlook 'Stable'

    Short-term foreign and local currency IDRs: affirmed at 'B'

    Viability Rating: affirmed at 'b-'

    Support Rating: affirmed at '5'

    Support Rating Floor: affirmed at 'NF'

    Universalbank

    Long-term foreign currency IDR: assigned 'CCC'

    Long-term local currency IDR: affirmed at 'CCC'

    Short-term foreign currency IDR: assigned 'C'

    Short-term local currency IDR: affirmed at 'C'

    Viability Rating: affirmed at 'ccc'

    Support Rating: affirmed at '5'

    Support Rating Floor: affirmed at 'NF'

    The VRs consider the challenging operating environment, including difficult business climate, structural weaknesses in the economy, high concentration risk and external pressures.

    "The ratings are also constrained by the high transfer and convertibility risks in the economy due to the country's tightly regulated FX market and the banks' modest franchises in the state-dominant banking sector," Fitch said.

    Universalbank's rating was also constrained by past regulatory issues resulting in the withdrawal of its license on foreign currency operations in 2012. However, in June 2015, the Central Bank of Uzbekistan (CBU) returned the bank's license and its foreign currency operations were restored. Following this, Fitch has assigned UB a 'CCC' Long-term foreign currency IDR.

    The Stable Outlook on TB and IY reflects Fitch's expectations of further economic growth and government-led investments into major manufacturing sectors, which will support the banks' lending growth and profitability.

    Reported problem exposures remain moderate, with impaired loans at below 4% of gross loans at all three banks at end-3Q15 (local GAAP). Concentration risks remain high, particularly at TB and UB, with the 25 largest borrowers accounting for 63% and 72% of loans, respectively, at end-3Q15. IY has a more granular loan book, with the top 25 largest exposures below 25% of total loans.

    The capitalisation of all three banks remained stable with Fitch Core Capital ratios at a reasonable 17% at TB, 23% at UB and lower 11% at IY at end-2015. These capital cushions provided TB and UB comfortable additional loss absorption capacity of 9% and 20% of gross loans, respectively.

    A new UZS10bn capital injection expected in 1H16 should stabilise its capitalisation at about 12%.

    Core funding is from customer deposits (60% of total liabilities at IY, 87% at TB and 95% at UB), which are short term but relatively stable at all three banks.

    The banks' Support Rating Floors of 'No Floor' and their '5' Support Ratings reflect their limited systemic importance and that rendering of extraordinary support from Uzbek authorities is unlikely. The ability of the banks' shareholders to provide support cannot be reliably assessed.

    An upgrade of TB and IY would depend on the overall notable improvement in the operating environment. UB's ratings may be upgraded if the bank is able to significantly improve its franchise along with asset quality and tightening of risk policies.

    Trustbank, with its main focus on rendering financial services to the companies on the stock exchange and wholesale trade, was established in 1994. It was transformed into a private bank upon the shareholders' decision in 2006.

    "Universalbank" was created in 2001. The shareholders of the bank are private companies and physical entities.

    "Ipak Yuli" bank was created in 1990. The bank`s shares are owned by about 1000 shareholders - legal and physical entities, the largest of which are the "UzbekInvest" National Export-Import Insurance company (about 18 percent) and the Asian Development Bank (13.56 percent).

    Uzbekistan currently has 26 commercial banks. Three of them are state-run banks, five banks with foreign capital, 11 - joint-stock banks and seven private banks.

    As of Feb. 9, the official exchange rate is 2841.60 soums/$1.

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    26
  • Several dead, about 100 injured in German train collision
    09.02.2016 12:41
    http://cdn.trend.az/pictures/2013/09/30/train_crash_30.09.jpg
    http://cdn.trend.az/pictures/2013/09/30/train_crash_30.09.jpg
    Several people died after two trains collided in the southern German state of Bavaria on Tuesday, a police spokesman said, adding about 100 people were also injured, Reuters reported.

    "Two trains crashed head on," said a police spokesman.

    "There are about 100 injured, scores of people seriously injured and several dead," he said. The accident happened at 6.48 a.m. local time (12.48 a.m. ET) near Bad Aibling in the southeastern corner of Germany.

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    15
  • Iran, Georgia must boost all-out ties, Rouhani says
    09.02.2016 12:15
    http://www.today.az/pictures/pic147666.jpg
    http://www.today.az/pictures/pic147666.jpg
    Iranв's President Hassan Rouhani says Tehran and Tbilisi should improve relations in all fields to serve the two nationsв' interests,В Press TVВ reported.

    ''Economic and cultural cooperation between Iran and Georgia should be further strengthened in line with the two nationsв' interests,'' Rouhani said in a telephone conversation with Georgian Prime Minister Giorgi Kvirikashvili on Monday.

    He added that Tehran and Tbilisi enjoy great potential to enhance economic cooperation and noted that the cancellation of visa requirements between the two sides can help improve ties.

    Rouhani said Georgia can be the corridor for trade exchanges between Iran and the Black Sea countries, adding geographical position and great common facilities have prepared the appropriate ground for multilateral cooperation.

    The Iranian president further added that the nuclear agreement, dubbed the Joint Comprehensive Plan of Action (JCPOA), reached between Iran and the P5 1 group of countries last July constituted an ''international victory for diplomacy.''

    Iran and the five permanent members of the UN Security Council '" the United States, France, Britain, China and Russia '" plus Germany started to implement the JCPOA on January 16.

    After the JCPOA went into effect, all nuclear-related sanctions imposed on Iran by the European Union, the UN Security Council and the US were lifted. Iran has, in return, put some limitations on its nuclear activities.

    The nuclear agreement was signed on July 14, 2015, following two and a half years of intensive talks.

    The Georgian premier said the JCPOA implementation would serve the interests of Iran and benefit the entire region, including Georgia, and the world.

    Kvirikashvili expressed Georgiaв's readiness to bolster economic cooperation and open a new chapter in bilateral relations.

    The Georgian premier said he would pay a visit to Tehran in the near future and also invited the Iranian president to travel to Tbilisi.

    /By
    19
  • AtaBank biggest acquirer of Visa payWave in Azerbaijan
    09.02.2016 12:03
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    http://cdn.trend.az/pictures/2016/02/09/atabank_090216_02.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    AtaBank OJSC was awarded with a special diploma.

    A conference Contactless payments on trading network organized by Visa International was held in Holiday Inn hotel Baku on February 2, 2016.

    As of 2015, "AtaBank" OJSC won the nomination "The biggest acquirer of Visa payWave in Azerbaijan" and was awarded with a special diploma.

    Official representatives of Visa International highly appreciated activities of the AtaBank OJSC and wished great success in the future.

    Visa International operates globally. Today Visa payment cards are being used in more than 200 countries.

    AtaBank OJSC expresses deep gratuite to its customers for achievements and success.

    It should be noted that AtaBank OJSC is the member of VISA International Service Association from 2004. AtaBank OJSC successfully functioning since 1993, is one of the largest commercial banks of Azerbaijan. Today AtaBank OJSC is as a hi-tech universal bank rending full complex of services to corporate and retail customers.

    For the detailed information about products and services of AtaBank OJSC please visit official web site of the bank www.atabank.com or official facebook page www.facebook.com/atabank .

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    17
  • Youngest Azerbaijani scientist leads BHOS Research Centre
    09.02.2016 12:02
    http://cdn.trend.az/pictures/2016/02/09/senan_eminov_090216.jpg
    http://cdn.trend.az/pictures/2016/02/09/senan_eminov_090216.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    In order to ensure education of specialists on contemporary specializations and research making on current topics at BHOS Senan Eminov, the graduate of London Imperial College, has been appointed as the head of BHOS Training and Research Center on Renewable Energy. Most recently he successfully finished his doctorate education at London Imperial College having defended PhD thesis on renewable energy and environment protection. Senan was born in 1987 in Barda, Azerbaijan.

    After graduating the secondary school he continued his education at the Private Turkish Lyceum in Mingachevir. His interest in chemistry served as further encouragement in going deeply into this science and motivated him to achieve success at various international scientific school Olympics. He won three gold medals at the National Chemistry Olympics. In 2003 Senan won a bronze medal at the 35th World Chemistry Olympics held in Greece, in 2004 he became a gold medal winner at 36th International Chemistry Olympics held in Germany and in 2005 he became again the first at the 37th International Chemistry Olympics held in Taiwan thus worthily representing our country.

    For the first time in the history of international chemistry contests, having gathered the highest 228 points out of compulsory 229 points on theoretical part during the exam held in the frames of the International Chemistry Olympics in Taiwan our fellow countryman won the first place being granted a special award. After successful contest performances Senan was admitted to Middle East Technical University, Turkey, and after finishing the first year continued his education at University of Bremen, Germany. During his studies in Germany Senan's first scientific work was on Extraction of gallotanins from green tea. In 2010-2011, he hid his Master's degree education at Imperial College London with the support of the SOCAR's Scholarship Programme.

    After, supported by the State Scholarship Programme for Education of Azerbaijani Youth Abroad (2007-2015) adopted based on the Decree issued by Ilham Aliyev, President of the Republic of Azerbaijan, he was admitted to the PhD at Imperial College London where he worked at Energy Future's Lab and Organic Chemistry and Ecology Lab engaged in research on renewable energy lead by prof. Tom Welton and studied there until 2015. The scope of his scientific and research work concerns fragmenting biomasses by the use of ion liquids and transformation of platform being the source of the alternative energy into chemical substances.

    This scientific research encompasses extraction and the application of next generation bio energy. Transformation of bio masses into bio fuel is considered to be the ideal way of replacing oil being non-renewable energy and suffering gradual depletion. Senan's scientific articles on sustainable chemistry and engineering were presented to ACS American Chemical Society, the world leading journal. One of his scientific articles was published in 2014 and was selected as the best one by the editors (Editor's Choice Article). This very article was published on the cover of the said journal. Senan Eminov participated at the international scientific conferences and symposiums as the primary speaker. In addition his articles and thesis can be found in the collection of scientific articles related to these events.

    Working as the senior lecturer at BHOS chemical engineering department following the appointment by BHOS rector Elmar Gasimov, Senan Eminov has been appointed as the head of BHOS Training and Research Center on Renewable Energy.

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    17
  • Russia does not abandon Turkish Stream
    09.02.2016 12:02
    http://cdn.trend.az/pictures/2015/03/05/trubi_050315.jpg
    http://cdn.trend.az/pictures/2015/03/05/trubi_050315.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    Russia does not abandon the Turkish Stream gas pipeline project, Russian ambassador to Turkey Andrey Karlov told RIA Novosti.

    Karlov said that it is difficult to predict further situation with the project amid the crisis in the Russia-Turkey relations.

    Relations between Russia and Turkey deteriorated after Turkish Air Force jets shot down the Russian Su-24 bomber when it entered Turkish airspace Nov. 24.

    After the incident the Russian president signed a decree on measures to ensure national security and on special economic measures in regard to Turkey.

    "Russia does not abandon the Turkish Stream project, but now it is time for Turkey to act," he said. "Following December 1, 2014, when a memorandum was signed on this project, we rapidly fulfilled our work, but faced with the unwillingness of the Turkish partners to take return actions."

    "The Turkish side failed to start negotiations on the intergovernmental agreement in 2015 due to the tense political situation, two parliamentary elections in Turkey," he said. "It is very difficult to predict the further situation with the project in current conditions. So, first we are waiting for the Turkish side to come to its senses and do everything it must do for the normalization of bilateral relations."

    He recalled the position of Russia. According to this position, the Turkish side's official apology for the incident with the Su-24 warplane, the punishment of those responsible and compensation for the damage caused to Russia are the conditions for the normalization of relations with Turkey.

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    17
  • Azerbaijan greatly increases IMF quota
    09.02.2016 12:01
    http://cdn.trend.az/pictures/2016/02/09/imf_building_090216.jpg
    http://cdn.trend.az/pictures/2016/02/09/imf_building_090216.jpg
    Baku, Azerbaijan, Feb. 9

    By Azad Hasanli - Trend:

    Azerbaijan has increased quota in the International Monetary Fund (IMF) from 160.9 million SDR ($224.34 million) to 391.7 million SDR ($546.14 million), a statement posted on the IMF's website says.

    The quota was increased as part of the 14th General Review of Quotas.

    Some 44 percent (173.1 million SDR or 377.7 million manat) of Azerbaijan's quota may be placed in the national currency.

    According to the IMF report, Azerbaijan has already agreed an increase in quota, but it has not yet set the date of its share payment.

    As a result of increasing the quota of each of 188 IMF member-states, total contributions increased from 238.5 billion SDR ($ 329 billion) to 477 billion SDR ($659 billion).

    The IMF largest member-state is the US with a quota of 82.9 billion SDR. The IMF smallest member-state is Tuvalu with a quota of 2.5 million SDR.

    Quotas are denominated in Special Drawing Rights (SDR) - the IMF's unit of account.

    The quota contributions are an important source of the IMF financial resources. A quota is assigned for each IMF member-state. It is broadly based on its relative position in the world economy. The quota of the member-state determines a maximum amount of its financial commitments to the IMF and its number of votes and also affects the country's access to the IMF financing.

    When a country is joining the IMF, an initial quota is set in the same amount as the quotas of existing member-states. They are broadly comparable with it on the scale and characteristics of the economy.

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    16
  • State action to come out for unemployment cut
    09.02.2016 11:35
    http://www.today.az/pictures/pic147656.jpg
    http://www.today.az/pictures/pic147656.jpg
    /By Azernews/

    By Gulgiz Dadashova

    While low oil prices are hitting the global economy, slowing growth rates increase unemployment numbers worldwide, especially in energy producing countries.

    Employment remains a key factor through which the economies seek to enable people to meet their needs and achieve their socio-economic goals.

    Low unemployment ratio well mirrors economic growth of the nation, striving policymakers to use better tools to improve the market.

    Currently, the unemployment ratio is equal to 5 percent in Azerbaijan. Despite this small figure, the government takes measures to prevent growth in unemployment and improves the employment services system.

    Oil and gas exporter Azerbaijan have introduced reforms and measures to improve economic activity to bring unemployment back down and open new jobs.

    Priorities for Azerbaijan include supporting economic growth and improving the non-oil sector of the economy, ensuring that private sector creates new jobs, but not only the government.

    Greeting the role that the private sector plays in driving the economic growth and creating jobs, the Azerbaijani government has centered its new economic model on improving opportunities for businesses, including by strengthening their ability to compete internationally.

    The government is also working to cut tax and eliminate burdens on businesses. As companies create jobs, the state seeks to simplify their access to simplified loans and boost entrepreneurship, particularly in agro '"sector.

    A new 10-year concept of employment is being developed by the Labor and social protection Ministry together with the due state bodies, Azerbaijan Confederation of Trade Unions, National Confederation of Entrepreneurs (Employers) Organizations and the nongovernmental organizations, as well as the World Bank, the UN Population Fund and the International Labor Organization.

    Salim Muslimov, Minister for Labor and Social Protection of Population, said on February 8 the concept covering 2016-2025 will be developed in three months and focus on the development of macroeconomic policies, entrepreneurship, assessment of the demographic burden on the labor market and employment policy.

    The concept, he said, will also create competitive human resources, improve the information provision for the development of the labor market and strengthen social protection of the unemployed and job seekers.

    The countryв's previous employment policy allowed opening more than 1.5 million new jobs and reducing the unemployment rate from 7.4 percent in 2004 to 4.9 percent in 2015.

    The strategy will include proposals how the Azerbaijani government can take advantage of future opportunities and the potential of demographic change in order to secure long-term growth and prosperity.

    The minister noted that in terms of demography, Azerbaijan is one of the few countries in Europe and CIS countries with fast-growing populations.

    ''In 2005-2015, the population increased by 13.6 percent. Currently, citizens aged less than 14 years account for 22.4 percent of the population in Azerbaijan, aged over 15 make up 64 percent - 71.6 percent, while those who are aged above over 65 years constitute six percent. Meanwhile, 28.1 percent of the population is young people aged 15-29 years," he said.

    Muslimov believes the country needs to implement a dual training system.

    ''The International Labor Organization reports that the psychology of employers has changed, as they no longer want to participate in training, and strive to immediately get ready specialists. This can be observed not only in Azerbaijan, but also all over the world. Due to this, the labor market does not meet its requirements.

    In many European countries dual training is now widely used, where different companies hire young people aged 15-16 years. They work for 20-30 percent of the salary, but at the same time continue to learn. As a result, they receive the necessary experience and are in demand in the labor market when aged 18,'' he said.

    The minister said for the introduction of a similar system in Azerbaijan, the private sector needs to share interest.

    "It is necessary to expand the range of training courses, training and retraining,'' he said. ''We are working in this direction, for example, soon another similar center will open in Ganja. We want such centers to operate in all regions of the country in the future.''

    Training is also fundamental in long-term strategy to offer real opportunities to the unemployed and tackle skills mismatch. In 2015, the State Employment Service organized vocational counseling courses, which covered 100,000 high school students.
    20
  • Armenians violated ceasefire with Azerbaijan 119 times throughout the day
    09.02.2016 11:35
    http://www.today.az/pictures/pic147659.jpg
    http://www.today.az/pictures/pic147659.jpg
    The situation on the contact line between Azerbaijan and Armenia has remained tense as the Armenian Armed Forces shattered ceasefire a total of 119 times throughout the day, Azerbaijan`s Defense Ministry said.

    Armenian armed forces, located in Armenia's Berkaber villages of Ijevan region, Mosesgekh village of Berd region and nameless hills of Krasnoselsk region subjected to fire the positions of Azerbaijani armed forces located in Gizilhajili village of Gazakh region, Agdam village of Tovuz region and nameless hills of Gadabay region.

    The ceasefire was violated in Talish, Gulustan villages in Goranboy region, Chilaburt, Yarimja villages in Tartar region, Shikhlar, Novruzlu, Javahirli, Kangarli, Sarijali, Shuraabad, Marzali, Garagashli, Yusifjanli villages in Aghdam region, Kuropatkino village in Khojavand region, Horadiz, Garakhanbayli, Gorgan, Ashagi Seyidahmadli villages in Fuzuli region, Mehdili village of Jabrayil region, as well as nameless hills in Goygol, Goranboy, Khojavand, Fuzuli and Jabrayil regions.

    In view of the operational situation, Azerbaijani armed forces carried out 120 strikes on enemy positions.

    /By Azertac/
    17
  • Azerbaijani chess player wins bronze in Ferdowsi Open Tournament
    09.02.2016 11:34
    http://www.today.az/pictures/pic147657.jpg
    http://www.today.az/pictures/pic147657.jpg
    Azerbaijani chess player Gadir Huseynov has claimed a bronze medal at the 6th Ferdowsi Open Tournament 2016 in Iran.

    The event was organized by the Khorasan Chess Association in a 9-round Swiss format with time control 90? 30?.

    A total of 178 players from 18 different federation took part in the tournament, including 7 GMs and 2 IMs.

    Russian players GM Pavel Maletin and IM Maksim Chigaev shared the first place at 7.5/9 points but Maletin clinched the title on a superior tie-break score.

    /By Azertac/
    13
  • President allocates AZN 700,000 for construction of Tekle-Sundu-Khilmilli highway
    09.02.2016 11:33
    http://www.today.az/pictures/pic147660.jpg
    http://www.today.az/pictures/pic147660.jpg
    President of Azerbaijan Ilham Aliyev has today signed an executive order allocating funds for the completion of the construction of Tekle-Sundu-Khilmilli highway in Qobustan.

    Under the presidential order, AZN 700,000 will be allocated to Azeryolservis from 2016 State Budget for the completion of the construction of the highway, which links six residential areas with the total population of 15,000 people.

    /By Azertac/
    12
  • Germany and Turkey come up with a 10-point action plan
    09.02.2016 11:33
    http://www.today.az/pictures/pic147662.jpg
    http://www.today.az/pictures/pic147662.jpg
    Angela Merkel and Turkish Prime Minister Ahmet Davutoglu say they have put together an action plan to deal with the migrant crisis, according to Euronews.

    Germanyв's Chancellor is in Turkey for talks on managing the ongoing refugee crisis.

    Last weekв's offensive in Aleppo, Syriaв's second city, has given fresh impetus to calls for solutions to the crisis to be found.

    The plan '" made up of ten related topics, will be implemented in the coming days and weeks.

    It includes UN-level negotiations with Russia about its military action in Syria, the deployment of humanitarian aid from Germany to the Syrian border and a boost in support for the EU border agency Frontex.

    Merkel and Davotoglu also stressed the need to bring an end to human trafficking, to establish a legal framework for migration and to set up a system to fairly distribute arriving refugees among EU member states.

    /By Azertac/
    15
  • EU to broaden scope of anti-terrorism co-op with Iran
    09.02.2016 11:31
    http://cdn.trend.az/pictures/2014/09/09/helga_schmidt_090914_2.jpg
    http://cdn.trend.az/pictures/2014/09/09/helga_schmidt_090914_2.jpg
    Tehran, Iran, February 9

    By Mehdi Sepahvand - Trend:

    The EU is going to broaden the scope of its anti-terrorism cooperation with the Islamic Republic of Iran, said the EU Deputy Foreign Policy Chief Helga Schmid.

    Schmid made the remarks in a meeting with Iran's Deputy Foreign Minister for Asia and the Pacific Ebrahim Rahimpour in Tehran, IRIB news agency reported February 8.

    Stressing Iran's important role in dealing with regional crises, Schmid said the cooperation will increase in the post-JCPOA era.

    The JCPOA, official name for Iran's nuclear deal, which has taken Iran away from harsh Western sanctions has also opened a way for hope of a more politically and diplomatically cooperative Iran.

    Schmid also said it is necessary to take measures to improve the situation in Afghanistan, inviting Iran to positively consider discussing the Afghani issue at the upcoming Brussels meeting.

    Iran's Foreign Minister Mohammad Javad Zarif will attend the meeting which is to be held in one week.

    Ebrahim Rahimpour, for his part, said Iran is ready to offer its capabilities to fight the growing threat of terrorism and extremism in the Middle East region.

    Iran is surrounded by countries grappling with internal as well as foreign-incited conflicts. The Syrian crisis has been going on for over five years, whereas Iraq has been dealing with the threat of the IS terrorist group (ISIL, ISIS, Daesh) since mid-2014. Situation in Afghanistan is no better with extremist groups waging unrest.

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    15
  • Kazakhstan exploring foreign companiesв' participation in Eurasia project
    09.02.2016 10:52
    http://cdn.trend.az/pictures/2015/02/11/trend_astana_symbol_161111_2.jpg
    http://cdn.trend.az/pictures/2015/02/11/trend_astana_symbol_161111_2.jpg
    Baku, Azerbaijan, Feb. 5

    By Elena Kosolapova - Trend:

    Kazakhstan currently holds meetings and consultations with such leading global oil, gas and service companies, as the US Chevron, the French Total, Russia's Lukoil and Rosneft, China's CNPC, India's ONGC and others regarding the terms of their possible involvement in the Eurasia project, the Kazakh energy ministry told Trend.

    Eurasia project involves the exploration of deep laying horizons of the Caspian Basin, both on land and at sea, located on the territory of Kazakhstan and Russia.

    "The final list of participants of the Eurasia project hasn't yet been defined," the ministry said.

    The Kazakh energy ministry said that it is planned to organize a round table, during which representatives of the interested companies will familiarize themselves with a list of benefits and preferences provided for the project's participants.

    The program, volume and timing regarding the project will be determined after the establishment of the consortium or strategic partnership of the developers, according to the ministry.

    "It is suggested to implement funding for all phases of the project at the expense of funds of potential participants of the consortium or strategic partners," the ministry said.

    According to experts, the resource potential of the Caspian region, especially the Caspian Basin, is up to 40 billion tons of oil. Nearly 20 large deposits of hydrocarbons are predicted to exist here. In case of implementation of the Eurasia project, Kazakh hydrocarbon reserves may be doubled.

    It was earlier reported that the implementation of the Eurasia project will consist of three phases. The first phase envisages the collection and processing of materials from previous years.

    The second phase includes large-scale research. The last phase includes the drilling of a new support-parametric well called Caspian 1, at the depth of nearly 14-15 kilometers. The estimated cost of the three phases of the Eurasia project is about $500 million.

    It is proposed to implement the project through the international consortium consisting of large oil companies. The project management will be carried out in Kazakhstan.

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    23
  • Georgia to abolish visa regime with Iran
    09.02.2016 10:50
    http://cdn.trend.az/pictures/2014/02/06/visa_060214.jpg
    http://cdn.trend.az/pictures/2014/02/06/visa_060214.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    Georgia will take concrete actions to abolish the visa regime with Iran, Georgian Prime Minister Giorgi Kvirikashvili told Iranian President Hassan Rouhani over phone, the Georgian governmental administration said.

    "Kvirikashvili and Rouhani spoke about the close cultural relations between the Georgian and Iranian peoples," the statement said. "The sides expressed hope to intensify cooperation in the field of tourism. In this regard, the Georgian side will take concrete actions.

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    22
  • Office of Iran's ex-president denies "election forecast" rumors
    09.02.2016 10:41
    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
    Baku, Azerbaijan, Feb. 9

    By Khalid Kazimov - Trend:

    The office of the former Iranian President Mahmoud Ahmadinejad has dismissed reports regarding his remarks about the outcome of the upcoming parliamentary election to be held on February 26.

    "The reports quoting former President Mahmoud Ahmadinejad are sheer lie and the former president has not made any remarks regarding the election," ISNA news agency quoted an official at former president's office.

    Earlier on February 7, Payesh news website reported that Ahmadinejad has predicted "a heavy defeat" to the conservatives at the upcoming parliamentary election in Iran.

    "A group of people describing themselves as conservatives have created a circle expecting the nation to cast votes in their favor, while only seven or eight candidates out of the list comprising of 30 nominees will be elected as parliamentarians," Payesh news website quoted Ahmadinejad as saying at the recent meeting with his supporters.

    Questioning the legitimacy of candidates proposed by the conservatives, Ahmadinejad allegedly added that the list prepared by conservatives to introduce candidates for the parliamentary election lacks charismatic figures, Payesh claimed.

    "They get together and prepare a list believing that voters will cast ballots in their favor," Payesh quoted him as mocking the conservatives.

    Payesh further reported that Ahmadinejad had accused the conservatives of lacking a proper plan and slogan to compete in the election.

    Over the past weeks Iranian officials have made striking remarks regarding the upcoming parliamentary election.

    While Iran's Supreme Leader Ayatollah Ali Khamenei has urged people to prevent anti-revolutionary and pro-US figures from assuming seats in the parliament, President Hassan Rouhani has criticized the country's vetting body, the Guardian Council, for disqualifying a large number of reformist candidates.

    Over the past few months and ahead of the election, Ali Khamenei has constantly warned against the "infiltration" of the country's enemies as well as the US in Iran.

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    21
  • Iran's currency market is a good-looking car with weak engine
    09.02.2016 10:41
    http://cdn.trend.az/pictures/2016/02/09/iran_money_exchange_090216.jpg
    http://cdn.trend.az/pictures/2016/02/09/iran_money_exchange_090216.jpg
    Tehran, Iran, Feb. 8

    By Mehdi Sepahvand, Farhad Daneshvar - Trend:

    While a couple of areas of Iran's economy such as the Tehran Stock Exchange (TSE) have positively reacted to the implementation of the Joint Comprehensive Plan of Action (JCPOA/nuclear deal), the country's traditional currency market still remains indifferent to the landmark political development, a recent survey carried out by Trend in Tehran, Iran's capital city, suggests.

    A group of dealers operating official currency exchange outlets around Ferdowsi Square, the center of Tehran's currency exchange trade, have suggested that the currency market still suffers from fluctuation and they have not felt the imminent impact of the removal of sanctions on their business.

    "Market is volatile, but our business is pretty much the same," a young currency trader replied to Trend's question whether the removal of sanctions has had an impact on their business.

    Following the removal of economic sanctions against the Islamic Republic on Jan. 16, several observers have suggested that the possible flow of funds from foreign countries to Iran may help to stabilize the fluctuating market.

    However a middle-aged man introducing himself as a currency market expert opposed the idea suggesting "the foreign companies' business in Iran will not have a significant impact on the currency market as their money will not be directed to the market. Their money will be transferred to bank accounts in Dubai."

    Responding to a question on attempts made by the Central bank of Iran to control foreign currency rates in the country a trader said "the Central Bank could not feed the market with enough foreign currency, that's why they went back up after a short period of lowering."

    However, another man who seemed to be in the business for a long time argued that fixing the currency rates would help to stabilize the market.

    "The government is everything, the market will move according to governmental decisions," he added.

    Meanwhile a group of traders refused to forecast the future of the currency market in the wake of the sanctions removal saying sentences such as "right now the market is a little low", "I cannot say what effect that will have on our business", "we should wait and see" and "nowadays, people come for small amounts of money to exchange".

    The licensed shops are not the only currency traders in Iran as dozens of black market traders sinking their heads deep in their black jackets to endure the cold clutch small calculators and large stacks of cash just outside the authorized exchange outlets in Iran's currency hub Ferdowsi Sq. approach people whom their sixth sense has identified as customers and quietly let them know they exchange currencies for a little more profitable rate.

    On the black market, one US dollar buys a bit more than 35,584 rials in licensed shops, while the official rate remains at 30,180.

    While the removal of international sanctions against Iran offers a new outlook for a large emerging untapped market, the risk of exchange rate fluctuations remains as a major barrier for drawing the attention of international investors.

    Over the past few months several Iranian financial analysts have shouted the need for establishing an official currency market within the framework of the Iranian Capital Market as the foreign investors would require the provision of hedging currency risks.

    Iranian President Hassan Rouhani's government has been developing plans for luring $30 billion of foreign investment in the post-sanctions era to renew the country's aging industry and ailing economy.

    Over the past decade in a bid to curb Iran's nuclear program, the international community took measures against Tehran, including restrictions imposed on the country's financial system, as well as industry, which have had a catastrophic impact on Iranians' economic situation and life conditions.

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

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    14
  • Azerbaijani currency rate as of Feb. 9
    09.02.2016 09:30
    http://cdn.trend.az/pictures/2015/04/09/dollar_euro_090415.jpg
    http://cdn.trend.az/pictures/2015/04/09/dollar_euro_090415.jpg
    Baku, Azerbaijan, Feb. 9

    Trend:

    The official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.5787 manats and 1.7695 manats, respectively as of Feb. 9.

    Below is the exchange rate of Azerbaijani manat compared to the world currencies and precious metals on Feb. 9 according to the Central Bank of Azerbaijan.




    Currencies and precious metals





    Feb. 9, 2016



    1 US dollar



    1 USD



    1.5787



    1 euro



    1 EUR



    1.7695

    Story still developing

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    37
  • Seoul confirms North Korea successfully put satellite into orbit
    09.02.2016 07:35
    http://cdn.trend.az/pictures/2010/08/11/South_North_Korea.jpg
    http://cdn.trend.az/pictures/2010/08/11/South_North_Korea.jpg
    North Korea has successfully put into orbit the Kwangmyongsong-4 satellite, the South Korean Defense Ministry confirmed Tuesday.

    On Sunday, North Korea fired a long-range rocket to allegedly place a satellite into orbit, defying UN Security Council resolutions.

    According to the Yonhap news agency, there has been no signal received from the satellite so far.

    South Korean Defense Ministry also said that Pyongyang has not yet mastered the technology of returning intercontinental ballistic missiles (ICBM) into the atmosphere.

    On Sunday, North Korea fired a long-range rocket to allegedly place a satellite into orbit, defying UN Security Council resolutions.

    "North Korea has not yet mastered the technology of returning ICBMs into the atmosphere," the ministry said, as quoted by the Yonhap news agency.

    According to the ministry, the North Korean missile can cover the distance of 12,000 kilometers (7.500 miles).

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    44
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Exchange Rates of Central Bank