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Azerbaijani delegation attends International Astronautical Congress
29.09.2013 13:52
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An Azerbaijani delegation led by Alchin Shirinzade, Director General of the National Aerospace Agency of theMinistryof Defense Industry, has attended the 64th International Astronautical Congress (IAC)in Beijing, China.

Held in Beijing for the second time and organized jointly by the IAF, the International Academy of Astronautics (IAA) and the International Institute of Space Law (IISL), the eventwas declared open by IAF President Kiyoshi Higuchi.

The event hosted more than 3000 attendees, 180 technical sessions, 8 plenary events, 3 highlight lectures and 3 late breaking News and appearances by elites.

Speaking at the opening ceremony, Li Yuanchao, Vice-President of the People's Republic of China, described the Congress as an Olympic-class event for the worldwide aerospace community. He revealed that 74 countries were represented among the 3,359 registered delegates, making it a truly international gathering and the largest of its kind in the history of the IAC.

With keynote speakers from most of the world`s space organizations and companies, the Congress technical programme featured a record-breaking number of symposia with a series of keynote Plenary lectures underscoring the theme of "Promoting Space Development for the Benefit of Mankind".

Speaking at the event, head of the Azerbaijani delegation Shirinzade highlighted the country`s achievements in space industry. "Azerbaijan is rapidly developing its space activities. Azerbaijan`sfirst telecommunications satelliteAzerspace-1, launched in February this year, is only the beginning of the development of the country`s space industry," Shirinzadeh said.

On the sidelines of the event, the Azerbaijani delegation held bilateral meetings to discuss cooperation in the field of telecommunication satellites and space science.

A Space Exhibition featuring nearly 80 organizations from six continents, including national space agencies and specialized technology firms, also opened at the Congress venue.
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    http://www.today.az/pictures/pic138922.jpg
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    http://cdn.trend.az/pictures/2014/03/29/georgia_eu_flags_290314.jpg
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    http:// www.news.az/photos/page-photo/137615.jpg
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    http://www.today.az/pictures/pic138930.jpg
    http://www.today.az/pictures/pic138930.jpg
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    Edited by CN

    ---

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    http://cdn.trend.az/pictures/2015/02/11/students_main_280114.jpg
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  • An exhibition on Khojaly genocide opened in Tbilisi PHOTO
    27.02.2015 16:26
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    http://img.sia.az/news/2015/siaphoto_463343.jpg
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    http:// www.news.az/photos/page-photo/137614.jpg
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  • Armenian diaspora apologizes to Azerbaijani people
    27.02.2015 16:17
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    http://www.today.az/pictures/pic138927.jpg
    /By AzerNeГјs/

    By Mushvig Mehdiyev

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    And yet, Sargsyan remains proud of what he calls the creation of "greater Armenia". He labelled the invasion of Azerbaijan's territories in the 1990s an "independence war." He even tried to rationalize the killing of innocent Azerbaijani civilians, stressing that such a campaign had been necessary in order to exert control over the Nagorno-Karabakh region.

    As far as Sargsyan is concerned, Khojaly genocide remains a bright spot in Armenia's history.

    But officials' lies have lost their substance, the Armenian public and most especially the Armenian diaspora has said to be ready to confront the truth. Armenians have even called on all Armenian criminals of war to be held accountable.

    Vahe Avetian, an Armenian publicist, emerged as the voice of justice when he delivered his apology to the Azerbaijani people over the Khojaly genocide.

    "I apologize to Azerbaijan for Armenians' participation in the killing of hundreds of people in Khojaly," he said on Feb.26, on the commemoration anniversary of Khojaly genocide.

    He expressed his hope that all perpetrators "will sooner or later be punished."

    "My dear neighbors in Azerbaijan! I again deliver my apology to you for the bloody genocide in Khojaly. Be sure that Armenia will investigate this crime and hold all criminals accountable. As soon as a legal national republic will be established in Armenia we will do so," Avetian added.

    Avetian, who left Armenia after government officials cracked down on opposition voices, emigrated to Stockholm, Sweden.

    He called on the Armenian people to abandon their bid to see recognize the killing of their ancestors some several hundred years ago as a "genocide" against Armenia.

    "If the nation does not dare to judge its citizens for the crimes they committed by standing before the international court, it does not have a right to cry over the "genocide," Avetian said.

    The fact that Armenians abroad are no longer afraid to expose Yerevan's lies is a proof that Armenia's tales are crumbling to dust.

    Despite living far from Armenia, the diaspora is closely pursuing developments in the post-Soviet country, looking to influence positive change.

    Avetian noted that following his address thousands of letters from his countrymen were sent to him, threatening him with murder over his apology to Azerbaijan.

    "Those people are degenerates of the ones who committed war crimes and continue to support war criminals. These criminals have held Armenia in shackles for over 25 years." he declared defiant.

    Alexander Varbedian, an Armenian writer and philosopher in Marseilles, France, expressed his solidarity with Avetian as he posted the same words of apology to the Azerbaijani people.

    "Vahe, I join you and I beg the Azerbaijani people to pardon us for the Khojaly genocide. Most Armenians do not follow us because of their poor hearts," he said.

    Both Sargsyan and his predecessor, Robert Kocharyan have blood on their hands as they partook in the killing of hundreds of innocent Azerbaijanis. The Armenian diaspora is obviously sick of Yerevan's lies
    5
  • Paris Hilton visits Cuba
    27.02.2015 16:10
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    http://img.sia.az/news/2015/siaphoto_463334.jpg
    Socialite Paris Hilton began a visit on Thursday to Cuba, where her family lost a hotel a half-century ago when Fidel Castro took power, according to a picture posted online.

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    Both stars took the trip to the island to appear with other prominent visitors, including former UN Secretary General Kofi Annan, following an announcement of rapprochement between Cuba and the US by President Barack Obama.

    The US recently relaxed some travel restrictions on the island that has not had diplomatic ties with Washington for more than 50 years.

    The great grandfather of Paris, Conrad Hilton, created the family's hotel empire and visited Cuba in 1958 for a hotel opening.

    The hotel was nationalized by revolutionary leader Castro in 1960 along with other US properties on the island and is now known as the Habana Libre.
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    http://cdn.trend.az/pictures/2013/03/04/Busehr_Nuclear_040213.jpg
    Baku, Azerbaijan, Feb. 27

    By Khalid Kazimov - Trend:

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    Edited by CN

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  • Ziya Mammadov receives citizens in Lankaran
    27.02.2015 16:01
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    http:// www.news.az/photos/page-photo/137613.jpg
    Most of the raised issues have been resolved on the spot.

    On 27 February Transport Minister Ziya Mammadov has received residents of Astara, Lankaran and Lerik regions at the Heydar Aliyev Center in Lankaran and listened to their complaints and suggestions.

    Oxu.Az reports with reference to APA that at first Minister Ziya Mammadov laid flowers to the monument of national leader Heydar Aliyev to honor his memory and met with residents of the city.

    The reception was also attended by the chairman of "Azerbaijani Railways" CJSC Javid Gurbanov, Acting Chairman of "Azeyolservis" Saleh Mammadov and head of the State Road Transport Service Huseyn Salamov.

    The appeals of citizens were associated with the repair of inter-village roads, construction of the bus station in Lerik, the erection of bridges over mountain rivers, as well as employment and other.

    Most of the issues raised by the citizens were addressed on the spot. The instructions to the heads of relevant structures of the Ministry were given in connection with other appeals.

    The appeals, not relating to the powers of the Ministry, were recorded for transmission to the relevant structures.
    3
  • Turkey demands progress from OSCE MG in Karabakh conflictв's issue
    27.02.2015 15:56
    http://cdn.trend.az/pictures/2015/02/27/tbmm_gorush_270215.jpg
    http://cdn.trend.az/pictures/2015/02/27/tbmm_gorush_270215.jpg
    Baku, Azerbaijan, Feb.27

    By Ilkin Izzet - Trend:

    Khojaly tragedy is the common grief of Azerbaijan and Turkey, Head of the Turkey-Azerbaijan Interparliamentary friendship group Necdet Unuvar said.

    He made the remarks during a meeting with the representatives of the Azerbaijani diaspora and the chairman of the Federation of Turkish-Azerbaijani Societies, Bilal Dundar, Azerbaijani State Committee on Work with Diaspora said on Feb.27.

    During the meeting, Unuvar urged the international community, all international structures to be attentive towards the issue of occupation of Azerbaijani lands by Armenia.

    "We want the world to take steps for the liberation of Azerbaijani lands from occupation," he said, adding that Turkey will always support Azerbaijan.

    Furthermore, he said that the activities of the OSCE Minsk Group in the settlement of the Armenian-Azerbaijani Nagorno-Karabakh conflict haven't given any results so far, adding that Turkey and Azerbaijan demand achieving progress in this issue in the shortest possible time.

    Bilal Dundar, for his part, emphasized the need to strengthen the activities of non-governmental organizations for liberation of Azerbaijani lands from occupation.

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

    On February 25-26, 1992, the Armenian armed forces, together with the 366th infantry regiment of Soviet troops stationed in Khankendi committed an act of genocide against the population of the Azerbaijani town of Khojaly.

    As a result of the massacre, some 613 people were killed, including 63 children, 106 women and 70 old people. Eight families were totally exterminated, 130 children lost one parent and 25 children lost both. A total of 487 civilians became disabled as a result of the onslaught. Some 1,275 innocent residents were taken hostage, while the fate of 150 people remains unknown.

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

    Edited by SI

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    3
  • Russia may cut off gas supply to Ukraine before early March
    27.02.2015 15:55
    http://cdn.trend.az/pictures/2008/03/11/Gas_Line_110308.jpg
    http://cdn.trend.az/pictures/2008/03/11/Gas_Line_110308.jpg
    It is possible that Russia will stop supplying gas to Ukraine before early March, if Ukraine's national oil and gas company Naftogaz will not pay, RIA Novosti reported quoting Russia's Energy Minister Alexander Novak.

    Novak said the gas supply may stop before the Brussels March 2 trilateral meeting between the energy ministers of Russia, Ukraine and the European Commission's Vice-President for Energy Union Maros Sefcovic.

    Novak told reporters that the gas volumes will be delivered to Ukraine only until the end of the week.

    "If on these days, today or prior to Monday, the payment is received, the following volumes will be accordingly delivered," said Novak.

    A similar statement earlier came from the official representative of the Russia's Gazprom, Sergei Kupriyanov.

    He said Feb. 26 that if Naftogaz doesn't make advance payment to Gazprom for gas delivery in March before late this week, the gas supply to Ukraine will be stopped.

    As part of the winter plan, Ukraine's Naftogaz paid to Gazprom about $830 million in December 2014 - February 2015, according to the calculations of the Russian National Energy Security Fund (NESF).

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    3
  • TASIM project discussed in Russia
    27.02.2015 15:55
    http:// www.news.az/photos/page-photo/137612.jpg
    http:// www.news.az/photos/page-photo/137612.jpg
    Within the framework of TASIM, the telecommunication transit between China and Europe will pass via Kazakhstan, Azerbaijan and Turkey.

    According to Oxu.Az, in line with the information from the Ministry of Communication and High Technologies of Azerbaijan, the statement was made at TASIM discussion in the Russian Ministry of Communication.

    "Possible construction of the underwater cable Kazakhstan-Azerbaijan via the Caspian Sea is also being considered", the information says.

    TASIM envisages creation of a modern network covering Eurasian countries from Western Europe to Eastern Asia.

    The TASIM declaration was adopted on November 11, 2008 at the Baku regional meeting on the level of ministers. In 2009 the project was discussed at the 41st sesion of the Council of heads of the communication administration of Regional commonwealth in communication.
    5
  • Russian President cuts salaries in Kremlin administration by 10%
    27.02.2015 15:46
    http://cdn.trend.az/pictures/2015/02/27/trend_moscow_albom_110512.jpg
    http://cdn.trend.az/pictures/2015/02/27/trend_moscow_albom_110512.jpg
    Baku, Azerbaijan, Feb. 27

    By - Trend:

    Salaries in the Kremlin administration will be cut by 10 percent, President Vladimir Putin said on Feb. 27 at the operational meeting with the permanent members of the Security Council of Russia, TASS Russia news agency reported.

    "Outside the context of the agenda of the meeting Vladimir Putin informed the members of the Security Council on his decision to cut the presidential administration salaries by 10 percent," said his spokesman Dmitry Peskov.

    The meeting was attended by Prime Minister Dmitry Medvedev, the head of the Kremlin administration Sergey Ivanov, Federation Council Speaker Valentina Matviyenko, Security Council Secretary Nikolai Patrushev and his deputy Rashid Nurgaliev, Interior Minister Vladimir Kolokoltsev, Foreign Minister Sergey Lavrov and Defense Minister Sergey Shoygu, director of the Federal Security Service Alexander Bortnikov, head of the Foreign Intelligence Service Mikhail Fradkov and permanent member of the Security Council of Russia Boris Gryzlov.

    Back in December 2014, Russian President signed amendments to the law on civil service, suspending the rate of indexation for inflation level of salaries of civil servants working in the presidential administration, the government apparatus, the Chamber of Accounts, Ministry of Foreign Affairs of Russia and its territorial bodies for one year.

    In January-September 2014, the average salary in the presidential administration was 216,411 rubles, according to Rosstat.

    Previously, the reduction of salaries was a matter of concern in the parliament as well. State Duma Speaker Sergey Naryshkin asked the factions of the Chamber to discuss the possibility of reducing the salaries of MPs, and this initiative was supported by all four factions.

    Naryshkin was supported by the Federation Council Speaker Valentina Matviyenko, who proposed to cut the salaries of senators by 10 percent. She assured that as soon as the decisions are made in both chambers of parliament, the Federation Council and the State Duma will appeal to the president, who regulates salary of the MPs and senators by his decree.

    Translated by EA

    Edited by CN

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    2
  • Changes made to law on "state secrets"
    27.02.2015 15:36
    http:// www.news.az/photos/page-photo/137611.jpg
    http:// www.news.az/photos/page-photo/137611.jpg
    Ministry of Internal Affairs has received additional powers.

    The changes were made in the Decree в„-139 of the President of the Republic of Azerbaijan on November 5, 2004 "On the implementation of the Law of Azerbaijan Republic on "state secrets".

    Oxu.Az reports quoting the official website of the President that Ilham Aliyev has signed a decree in this connection.

    In this decree the prosecutor's office is recommended, and the Ministry of Internal Affairs, State Border Service and Special State Protection Service are charged to obtain the opinion of the Ministry of National Security of the presence / absence of the grounds stipulated by the relevant articles of the Law "On State Secrets" in the implementation of verification activities with important fully confidential and sensitive data.

    The Cabinet of Ministers instructed within three months to prepare and submit to the President of Azerbaijan proposals on bringing the acts of the President in accordance with this Decree.

    In addition, the Cabinet will oversee the alignment of normative-legal acts of central executive bodies with this decree, and inform the President of the performance within three months.

    The Ministry of Justice will ensure the legal acts and regulations of central executive bodies in compliance with this Decree and inform the Cabinet of Ministers.
    4
  • A writer hacked to death
    27.02.2015 15:22
    http://img.sia.az/news/2015/siaphoto_463317.jpg
    http://img.sia.az/news/2015/siaphoto_463317.jpg
    A knife-wielding mob has hacked to death a US-Bangladeshi blogger whose writing on religion had brought threats from Islamist hardliners.

    Avijit Roy, an atheist who advocated secularism, was attacked in Dhaka as he walked back from a book fair with his wife, who was hurt in attack.

    No-one has been arrested but police say they are investigating a local Islamist group that praised the killing.

    Hundreds of students gathered in Dhaka to mourn the blogger's death.

    Mr Roy's family say he had received threats after publishing articles promoting secular views, science and social issues on his Bengali-language blog, Mukto-mona, or Free Mind.

    The website was inaccessible on Friday.

    He defended atheism in a recent Facebook post, calling it "a rational concept to oppose any unscientific and irrational belief".
    6
  • Turkey starts constructing new tunnel under Bosphorus strait
    27.02.2015 15:15
    http://cdn.trend.az/pictures/2013/02/22/railway_tunel_220213.jpg
    http://cdn.trend.az/pictures/2013/02/22/railway_tunel_220213.jpg
    Baku, Azerbaijan, Feb.27

    By Rufiz Hafizoglu - Trend:

    Turkish Prime Minister Ahmet Davutoglu has announced about the start of construction of a tunnel under the Bosphorus strait, TRT Haber TV channel reported on Feb.27.

    Reportedly, this underwater tunnel will link the European and eastern parts of Turkey's Istanbul city.

    Davutoglu said that the new project is called the lsquo;Great Istanbul Tunnel' which will be used both as a road and a railway tunnel.

    The project's cost is $3.5 billion.

    The tunnel's construction will be completed in 2020.

    Previously, Marmaray railway tunnel was constructed in Turkey in 2013. It links the eastern and European parts of the country.

    Edited by SД°

    ---

    Follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
    4
  • Uzbekistanв's president meets with voters as part of election agitation
    27.02.2015 15:04
    http://cdn.trend.az/pictures/2014/06/07/islam_karimov_070614.jpg
    http://cdn.trend.az/pictures/2014/06/07/islam_karimov_070614.jpg
    Tashkent, Uzbekistan, Feb. 27

    By Demir Azizov - Trend:

    Uzbekistan's incumbent president, Islam Karimov, who is also a candidate in the upcoming presidential election from the Liberal Democratic Party, met with voters in the Khorezm region and Karakalpakstan autonomous republic as part of election agitation, the Uzbek national information agency, UzA reported Feb. 27.

    Reportedly, Karimov, addressing the voters, drew their attention to the main directions of his election program.

    He believes that the priority areas in furthering the reforms in the country include deepening structural reforms in the economy, increasing its competitiveness through diversification of industry, technical and technological modernization of production, and development of small business and private entrepreneurship.

    The president also underscored the importance of revising the state's participation in economy, further strengthening and expanding farmers' movement, providing employment and further improvement of people's living standards.

    Other Uzbek presidential candidates also continue to travel to regions and meet with voters.

    For example, the candidate from the Social Democratic Party Adolat, Narimon Umarov met voters in the Kashkadarya and Surkhandarya regions and in the capital Tashkent.

    During the meetings, he outlined the main points of his election program, namely the further deepening of political reforms, strengthening and development of democratic values, ensuring human rights and freedoms, the principles of transparency, openness and accountability in governance, active public involvement in forming and making decisions on major issues of socio-economic development, and the government support for social projects and programs.

    The presidential candidate from the Democratic Party Milly Tiklanish, Akmal Saidov met with voters in the Bukhara, Navoi and Khorezm regions and Karakalpakstan.

    Among the most important tasks in the candidate's election program there is, in particular, the realization of comprehensive measures to improve the state language and improve the language culture.

    The program also includes a number of tasks to strengthen the social partnership between the state and civil society, encourage the non-governmental non-commercial organizations, mass media and other institutions of civil society, the careful preservation of historical, cultural and intellectual heritage of the people.

    The candidate of the People's Democratic Party, Hotamzhon Ketmonov met with voters in the Samarkand, Bukhara, Navoi and Jizzakh regions.

    Informing the voters about the main directions of his election program, Ketmonov stressed the importance of further developing the social partnership institutions, improving the judicial mechanisms of protection of citizens' rights and raising the quality of implementation of court judgments through strengthening the judicial supervision.

    Special attention in the program is also paid to the expansion of the network of rural health units in remote villages.

    It is also envisaged to improve the work of enterprises processing the local raw materials, stimulating the production of consumer goods, and the development of family business and work at home.

    Uzbekistan scheduled the presidential election for March 29.

    The election campaign in the country began on Dec. 26, 2014.

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    4
  • Turkish PM Davutoglu calls on municipalities to control protests
    27.02.2015 14:57
    http://cdn.trend.az/pictures/2015/02/13/ahmet_davutoglu_300613.jpg
    http://cdn.trend.az/pictures/2015/02/13/ahmet_davutoglu_300613.jpg
    Baku, Azerbaijan, Feb. 27

    By Rufiz Hafizoglu - Trend:

    Turkey's Prime Minister Ahmet Davutoglu urged the heads of municipalities in Turkish cities to immediately intervene and cease protests in case if the participants use Molotov cocktails, Hurriyet newspaper reported Feb. 27.

    The statement was made after the Turkish parliament adopted a number of provisions of the reforms package aimed at ensuring the safety of the country's population.

    Davutoglu said the municipalities must demonstrate their strength to those who want to sow chaos and inflict damage to the citizens' properties.

    Earlier, Turkey's parliament adopted 26 provisions of the reforms package aimed at ensuring the population's safety. Under the adopted provisions, in case of necessity, the heads of municipalities have a right to order the Turkish gendarmerie forces to intervene in the protests.

    Davutoglu said in October 2014 that Turkey will hold reforms to ensure the public safety.

    Edited by SI

    ---

    Follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
    6
  • New opposition can be created in Armenia
    27.02.2015 14:57
    http://cdn.trend.az/pictures/2012/12/05/Armenia_parliament_051212.jpg
    http://cdn.trend.az/pictures/2012/12/05/Armenia_parliament_051212.jpg
    A number of non-parliamentary political forces of Armenia are in active political consultations, News.am reported citing the newspaper "Haykakan Zhamanak".

    "The head of the Union for National Self-Determination, Paruyr Hayrikyan, is the organizer of the meetings," the newspaper said.

    Hayrikyan, confirming the information on the consultations, explained that the meetings are attended by representatives of seven powers: the Union for National Self-Determination, the "Heritage" party, the Armenian National Movement, the "Free Democrats" party, the Founding Parliament, the Conservative Party and the "Democratic Homeland" party.

    He said that the meetings started on Feb. 9.

    "They are consultative in nature, and we yet don't have a program of actions. In the future, you will get familiar with them [actions] through statements. We are slowly but consistently trying to develop common approaches," said Hayrikyan, according to the newspaper.

    Follow us on Twitter @
    3
  • Foreign Ministry issues a statement
    27.02.2015 14:49
    http://img.sia.az/news/2015/siaphoto_463296.jpg
    http://img.sia.az/news/2015/siaphoto_463296.jpg
    Foreign Ministry of Republic of Azerbaijan has issued a statement on the so-called ''elections'' to the ''parliament'' of the puppet separatist regime to be held in Nagorno-Karabakh, SIA informs.

    According to the reports circulated by the mass media outlets of the Republic of Armenia, the so-called ''elections'' to the ''parliament'' of the puppet separatist regime are planned to be held in the Nagorno-Karabakh region of the Republic of Azerbaijan on 3 May 2015.

    The Ministry of Foreign Affairs of the Republic of Azerbaijan reiterates in this regard that the separatist regime established by the Republic of Armenia in the occupied territories of Azerbaijan is ultimately nothing other than the product of aggression and racial discrimination; it is under Armeniaв's direction and control. It is well known that the Republic of Armenia unleashed the war and used force against Azerbaijan, seized almost one fifth of its territory, including the Nagorno-Karabakh region and seven adjacent districts, carried out ethnic cleansing of the seized areas by expelling about one million Azerbaijanis from their homes and committed other serious crimes during the conflict.

    The international community has consistently deplored in the strongest terms the use of military force against Azerbaijan and the resulting occupation of its territories. In 1993, the United Nations Security Council adopted resolutions 822 (1993), 853 (1993), 874 (1993) and 884 (1993), condemning the occupation of the territories of Azerbaijan and reaffirming respect for the sovereignty and territorial integrity of the Republic of Azerbaijan and the inviolability of its internationally recognized borders. In those resolutions, the Security Council also confirmed that the Nagorno-Karabakh region is part of Azerbaijan, and demanded immediate, complete and unconditional withdrawal of the occupying forces from all the occupied territories of Azerbaijan. Other international organizations have adopted a similar position.

    Against the background of continuing military occupation and ethnic cleansing of the territories of Azerbaijan, the holding of ''elections'' to the structures of the puppet separatist regime there constitutes a clear violation of the Constitution of the Republic of Azerbaijan and the norms and principles of international law, and, therefore, shall have no legal effect whatsoever.

    Armeniaв's policy of annexation of the seized territories of Azerbaijan has no chance of succeeding. The only way to achieve a durable and lasting settlement is to ensure the unconditional and complete withdrawal of the Armenian armed forces from the Nagorno-Karabakh region and other occupied territories of Azerbaijan, the exercise by the forcibly displaced population of its inalienable right to return and the establishment of relations between Armenia and Azerbaijan on the basis of respect for each otherв's sovereignty and territorial integrity within their internationally recognized borders.

    The Republic of Azerbaijan once again calls on the Armenian side, instead of wasting time and misleading its own people and the international community, to cease its policy of annexation and ethnic cleansing and to engage constructively in the conflict settlement process and comply with its international obligations.
    6
  • Azerbaijan opens another high tech park
    27.02.2015 14:41
    http://www.today.az/pictures/pic138923.jpg
    http://www.today.az/pictures/pic138923.jpg
    /By AzerNews/

    By Nigar Orujova

    Azerbaijan will soon start the construction of yet another High

    Technologies Park, this time in the countryв's fourth large city -

    Mingachevir.

    As Azerbaijan is looking to diversify its economy and move away from

    its dependence on the oil industry officials have pushed for more

    developments in the technology sector, especially since it has proven to

    be so promising.

    The Mingachevir park was set up in view of securing sustainable

    development and economic competitiveness. The expansion of innovative

    and high-tech industries based on modern scientific and technological

    achievements, as well as research and development of modern complex for

    the development of new technologies will enable Azerbaijan to make its

    mark in the region and promote growth.

    The facility will stretch across 1.3 hectare and fall under the

    administration of the Communication and High Technologies Ministry.

    The high-tech park has been equipped and organized in such a way that

    it will promote research and development work, ultimately leading to

    the commercialization of new products and high tech applications.

    An initial investment of 2 million manats was allocated to the project from the Azerbaijani President's Reserve Fund.

    Presently, Mingachevir is well known for its production of computer equipment - KUR.

    The KUR plant, which was established in 2005, is the only

    manufacturing company engaged in assembly-line production of computer

    equipment and electronics in the South Caucasus region. The plant will

    be used for the production of high-tech products, starting this year.

    Mingachevir High Tech park in will work in collaboration with another

    facility in Baku. The High Tech Park in Baku is currently under

    construction in a 50 hectares land area in the Pirallahi district of the

    capital.

    This facility will also be equipped with all the necessary

    infrastructure, logistics and governing entities, thus enabling

    engineers to conduct research in ICT, telecommunications and space use,

    energy efficiency, and the development of new and high technologies.

    Moreover, residents and companies operating in the park will be

    exempt from VAT (18 percent) on all imported infrastructural and

    technological goods and services.

    Along with the development of high tech parks, Azerbaijan has worked

    to develop its Industrial Park in Sumgayit, Azerbaijanв's industrial

    city.
    7
  • Nar Mobile responds to subscribersв' queries in social media
    27.02.2015 14:40
    http://cdn.trend.az/pictures/2012/03/14/Nar_Mobile_logo_140312.jpg
    http://cdn.trend.az/pictures/2012/03/14/Nar_Mobile_logo_140312.jpg
    Baku, Azerbaijan, Feb.27

    By - Trend:

    Nar Mobile makes another innovative step to extend high quality services for its subscribers.

    It becomes the only mobile operator to service fully its customers via social medias. A special team in the Customer Care Department is formed to extend a direct support to the subscribers on the basis of social medias.

    The Full-Fledge Customer Care differs by its specific nature in providing a comprehensive and full spectrum of services - any subscriber that applies to the company through social medias (Facebook, Twitter, Instagram etc.) is not redirected to another channel to find an answer (for example, to Call Center, online support etc), but receives a full support from the social media team.

    Furthermore, an integrated platform is launched to extend a high quality social media support to subscribers. Queries of subscribers are reviewed in short time thanks to this platform while their positive, negative or neutral comments are recorded.

    Each subscriber can enjoy an individual approach as a result of analysis of communication history with Nar in all social networks. At the same time, this system makes possible to define issues of common interests for subscribers and divides them into categories.

    Nar Mobile will continue to open up all types of innovative possibilities brought by social medias to extend better social media support for its customers.

    Azerbaijan's fastest growing mobile operator Nar Mobile serves its subscribers since 2007. Since its creation, Nar Mobile remained always committed to its policy of affordable prices providing an exceptional value for its customers via a variety of attractive tariff offerings.

    Beyond the convenient voice tariffs, it also offers a great variety of choice and best value for its internet packages and a single price for each roaming zone. Nar Mobile is proud to be an Official Mobile Telecommunications Service Provider of the Baku 2015 European Games.

    Follow us on Twitter @
    3
  • Azerbaijani foreign ministry calls for Armeniaв's openness with missing persons
    27.02.2015 14:35
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    Baku, Azerbaijan, Feb. 27

    By Seba Aghayeva - Trend:

    Armenia must demonstrate openness and transparency in the issue of Azerbaijani people missing during the Nagorno-Karabakh conflict, spokesman for the Azerbaijani foreign ministry Hikmet Hajiyev told reporters Feb. 27.

    "More than 4,000 Azerbaijani people were missing as a result of Armenia's aggression against Azerbaijan," he said.

    "An agreement on the hostage exchange by the sides and information about missing persons was reached at the French president's initiative during a meeting of the presidents of Azerbaijan and Armenia in Paris in 2014," he said.

    "Armenia still continues ignoring the agreements and the corresponding appeals of the International Committee of the Red Cross (ICRC)," Hajiyev said.

    "There are some families in Azerbaijan waiting for the news about their missing relatives for more than 20 years," he said. "While holding a destructive position, Armenia continues ignoring its obligations in this regard."

    "The so-called trial over two Azerbaijani people, taken hostage by Armenians in the Kalbajar district, is illegal," he said.

    "Azerbaijan will continue working with international organizations to release the hostages," he said.

    During an operation in the Shaplar village of Azerbaijan's occupied Kalbajar district on July 11, 2014 Armenian forces killed an Azerbaijani, Hasan Hasanov, and detained two other Azerbaijanis, Shahbaz Guliyev and Dilgam Asgarov. A criminal case was filed against them.

    Afterwards, the so-called court in Nagorno-Karabakh sentenced Asgarov to life imprisonment and Guliyev to 22 years in prison.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan.

    As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations.

    Armenia has not yet implemented four UN Security Council resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

    Edited by CN

    follow the author on Twitter: @Asebaa

    Follow us on Twitter @
    5
  • Turkey gets discount for Russian gas
    27.02.2015 14:34
    http:// www.news.az/photos/page-photo/137608.jpg
    http:// www.news.az/photos/page-photo/137608.jpg
    Turkish Ministry of Energy and Gazprom have agreed on the discount on Russian gas supplied to this country.

    It will make 10.25%, Minister of Energy and Natural Resources of Turkey Taner Yildiz said, Oxu.Az reports with reference to RIA Novosti.

    "We have got a 10.25% discount for Russian gas", Yildiz told a news conference in Ankara.

    In 2014 Gazprom exported 27.4bn cubic meters of gas to Turkey. Gas is trasported by the Blue Stream pipeline laid by the Black Sea shelf and via Ukraine by the Trans-Balkan gas pipeline.

    Russia earlier rejected the South Stream pipeline including because of the unconstructive position of EU. Instead, it was decided to build a new gas pipeline to Turkey and create a gas hub on the Greek border for European consumers.
    5
  • Ilham Aliyev receives newly appointed Ambassador of Poland to Azerbaijan
    27.02.2015 14:33
    http:// www.news.az/photos/page-photo/137609.jpg
    http:// www.news.az/photos/page-photo/137609.jpg
    On February 27, President of Azerbaijan Ilham Aliyev received the newly appointed Ambassador of Poland in our country Marek Tsalka.

    1news.az reports citing the official website of the President of Azerbaijan that Marek Tsalka bypassed the guard of honor.

    Ambassador presented to President Ilham Aliyev his credentials.

    Then the conversation between the President of Azerbaijan Ilham Aliyev and the ambassador took place.

    The President noted the successful development of bilateral relations between the two countries in various fields, stressed the importance of mutual high-level visits in strengthening of bilateral ties.

    Emphasizing the existence of good opportunities for further strengthening of cooperation in political, economic, energy and humanitarian spheres, as well as in the framework of international organizations, including the EU, and other relations, President Ilham Aliyev noted the importance of more active participation of Polish companies in Azerbaijan and Azerbaijani companies in Poland in joint projects.

    The Ambassador said that during his diplomatic mission he will spare no effort to further expand relations between the two countries in various fields.
    4
  • Baku: '˜Electionsв' in Karabakh have no legal power
    27.02.2015 14:16
    http:// www.news.az/photos/page-photo/137606.jpg
    http:// www.news.az/photos/page-photo/137606.jpg
    Armenian media have recently spread reports on plans to hold 'parliamentary electionsв' in the breakaway Nagorno Karabakh region of Azerbaijan on May 3, 2015.

    According to Oxu.Az, the Foreign Ministry of Azerbaijan responded to the statement noting that the separatist regime created in this area by Armenia is a result of the armed aggression and ethnic discrimination.

    "This regime is controlled and governed by Armenia. Everyone knows it well that Armenia occupied Nagorno Karabakh and seven surrounding regions as a result of which over a million of Azerbaijanis had to flee their homes.

    Conduction of lsquo;elections' by the separatist regime means the rude violation of the Constitution of Azerbaijan, norms and principles of international law and therefore these lsquo;elections' have no legal ground.

    The only way for Armenia to achieve sustainable and continues peace is the unconditional withdrawal of troops from Nagorno Karabakh and from other occupied lands, provision of the rights of refugees and displaced persons to return to our lands and to build Azerbaijan-Armenia relations based on the respect for the territorial integrity of the countries.

    Azerbaijan again urges the Armenian side to put an end to the policy of aggression and ethnic cleansing and to take a constructive part in the process of the conflict settlement fulfilling international commitments instead of wasting time and deceiving their people and the international community".
    10
  • Man detained after bomb scare in front of US consulate in Istanbul
    27.02.2015 14:09
    http://cdn.trend.az/pictures/2012/10/05/Turkey_police_051012.jpg
    http://cdn.trend.az/pictures/2012/10/05/Turkey_police_051012.jpg
    Istanbul police detained one man in front of the United States consulate in Istanbul on Feb. 27 after the man threatened to detonate a bomb he said he was carrying Hurriyet Daily Neüs reported

    According to initial reports, the man, who is thought to have mental problems, was not carrying a bomb.

    In Februrary 2013, a suicide bomber attacked the U.S. Embassy in Ankara, also killing Mustafa Akarsu, the Turkish security guard, at the entrance. The outlawed Revolutionary People's Liberation Party/Front (DHKP/C) claimed responsibility.

    6
  • CBA says oil prices drop range in 2014 was greater than drop on other items
    27.02.2015 13:54
    http://www.today.az/pictures/pic138920.jpg
    http://www.today.az/pictures/pic138920.jpg
    /By AzerNews/

    By Amina Nazarli

    The average price for oil on world markets will amount to $56.73 in 2015 and $63.88 in 2016, according to the IMF, said the report on monetary policy of the Central Bank of Azerbaijan (CBA) for 2014 published on February 26.

    The report reads that the end of the reporting period, the price for Brent crude oil fell by 43 percent compared to the beginning of the year. The average price amounted to $99 per barrel, which is 9.2 percent lower than in 2013 ($ 109).

    ''The prices of oil on world markets were adversely affected by such factors as an increase in military-political tension in the major oil-exporting countries, the decline of global demand, maintaining the level of oil production by OPEC countries at the same level, the growth of shale oil production in the United States,'' the document said.

    ''Since 1984, five episodes of more than 30 percent fall of oil prices were observed during six months. In 1985-1986, the price of oil decreased by 67 percent and fell from $31.72 to $10.42 per barrel, and in 2008 it decreased by 72 percent and fell from $146.08 to $36.61 per barrel.''

    The main difference between a sharp fall in prices in 2014 from a similar event in 2008 is that this time, the range of oil prices fall in comparison with the prices for other goods was much greater, according to the report.

    Since the second half of 2014, the fall in the indices of prices for energy resources, metals and minerals, agricultural products has accelerated. During the last year, the price index for goods fell by 29 percent, and by 6.4 percent for food products. The negative trend in prices is due to supply and demand factors, the CBA report said.

    The average price for AZERI LT, exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports to Italian Augusta port, was $114.08 per barrel in June 2014(in the beginning of oil prices fall). At the same time, in December 2014, the average price for Azerbaijani oil was around $65.13 per barrel. Thus, the fall of prices for AZERI LT was 42.91 percent.
    5
  • Iran tests new strategic weapon in massive drills
    27.02.2015 13:54
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    Baku, Azerbaijan, Feb. 27

    By Umid Niayesh - Trend:

    Iran has tested a new strategic weapon in the last day of the Islamic Revolutionary Guard Corps (IRGC) massive drill that kicked off on Feb. 25.

    The IRGC's naval, land and airborne forces participated in the third and last day of the major drill dubbed "Prophet Mohammad- 9" which was held in the Gulf and the strategic Strait of Hormuz.

    The Iranian media did not unveil details about the weapon which was tested at the final stage of the drill, however the IRGC's naval commander Rear Admiral Ali Fadavi said that the new weapon will play a decisive role in increasing Iran's naval force power to combat the threats of the Islamic Revolution enemies, in particular the US, Iran's ISNA news agency reported Feb. 27.

    IRGC also tested some of its new military equipment and weapons including the RPH reconnaissance drone equipped with powerful cameras, Jamarat missile with range of 14 kilometers , Ramait roadside mine, Sayyad bounding mine, Asef 23mm gatling gun, Arash shoulder-launched weapon and sniper rifle Siyavash in the second day of the drill.

    Jafari said on Feb. 25 that the drill is a "deterrence message to the Islamic Republic's trans-regional enemies."

    On the first day of the drill the IRGC Naval Force successfully targeted a US aircraft carrier model.

    Edited by CN

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    6
  • No need to change OSCE MG format '" Azerbaijani foreign ministry
    27.02.2015 13:44
    http://cdn.trend.az/pictures/2015/02/07/trend_osce_flags_240511.jpg
    http://cdn.trend.az/pictures/2015/02/07/trend_osce_flags_240511.jpg
    Baku, Azerbaijan, Feb. 27

    By Seba Aghayeva - Trend:

    The issue of attracting Turkey and Germany to the OSCE mediation mission on the Armenian-Azerbaijani Nagorno-Karabakh conflict settlement is not on the agenda, spokesman for the Azerbaijani foreign ministry Hikmet Hajiyev said Feb. 27.

    He said that France, Russia and the US have the main mission for the conflict settlement.

    "At present, there is no need to change the format," he said.

    "It is time to exert pressure on Armenia, to impose sanctions on it and to urge to abandon the destructive position," he said. "The OSCE Minsk Group co-chairmen must work in this direction."

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan.

    As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations.

    Armenia has not yet implemented four UN Security Council resolutions on the liberation of Nagorno-Karabakh and the surrounding regions.

    Edited by CN

    follow the author on Twitter: @Asebaa

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    5
  • Int. agencies say Russiaв's economic slump seriously affects Armenia
    27.02.2015 13:37
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    /By AzerNews/

    By Mushvig Mehdiyev

    Now that western powers have rolled a series of sanctions against Russia, Armenia finds itself in a tough economic spot, especially in the light of falling oil prices.

    Since Armenia remains very much a satellite of the Russian economy, the country has faced increased economic and financial difficulties in the past months. An international consulting group warned that several countries in Central Asia will suffer severe economic repercussions as a result of their ties to Russia, namely Armenia.

    Moscow-based Minchenko Consulting Communication Group developed a list of Russia-linked economies focusing primarily on their current and future problems.

    Armenia is included in the list of nations to likely find itself under continuous challenges.

    The global economic crisis and the devaluation of the Russian rubles have negatively affected post-Soviet countries, particularly those nations which heavily depend on Russia, said Charles Robertson, economist at the Renaissance Capital, a Britain-based research and management organization.

    "Kazakhstan, Tajikistan, Armenia, Kyrgyzstan, Moldova will feel the strongest pain of the Russia's economic stagnation," he explained.

    According to figures published by the World Bank, the fact that remittances from Russia continue to represent such a huge portion of several post-Soviet countries' economies will have a negative impact. For example, in Tajikistan, remittances from Russia represent 42 percent of the GDP, Moldova 25 percent and Armenia 21 percent.

    Armenia emerged to be the most Russian dependent country of the South Caucasus region, where its neighbors - Georgia and Azerbaijan - respectively hold a 12 percent and 2.5 percent Russian remittance stake in their GDP.

    The International Monetary Fund predicted post-Soviet countries to lose about $15 billion in total.

    A slowdown in Russia's economic growth will gravely hit oil importer countries, including Armenia, Georgia, Kyrgyzstan and so on ... said Bank of America's Merrill Lynch financial institution.

    The bank claims that a decrease by 1 percent in Russia's GDP could result in 5 percent fall in remittances to post-Soviet countries.

    Merrill Lynch noted that Armenia remains vulnerable to external threats and risks.

    According to international experts, the European crisis may, as a domino effect, pass on to countries that have bilateral trade with the European Union. This includes Russia as well, which is the main source of capital and financial transfer into Armenia.

    This will of course further strain Armenia's economy and leave the country in a difficult situation.

    With Russia straining under low oil prices, the flow of investments toward countries like Armenia will eventually dry out, leaving those economies exposed.

    Merill Lynch said Armenians have never been skeptic about Russia's economy strength and as a result learned to depend on it.

    Since Armenia has joined the Russia-led Eurasian Economic Union trade bloc, its economy faces increased exposure. Any negative economic development in Russia, the flagman of the union, will directly impact other member-states.

    The Russian Economic Development Ministry forecasted in November 2013 that Russiaв's GDP annual growth will be around 3.1 percent by 2020, 2.5 percent by 2020-2025, and less than 1.8 percent by 2026-2030.

    Armenian state officials reportedly lost confidence in Russia's economy.
    4
  • Azerbaijani foreign ministryв's list of undesirable persons includes 435 people
    27.02.2015 13:36
    http://cdn.trend.az/pictures/2015/02/06/trend_baku_city_flag_main.jpg
    http://cdn.trend.az/pictures/2015/02/06/trend_baku_city_flag_main.jpg
    Baku, Azerbaijan, Feb. 27

    By Seba Aghayeva - Trend:

    The list of undesirable persons of the Azerbaijani foreign ministry includes 435 people, spokesman for the Azerbaijani foreign ministry Hikmet Hajiyev said Feb. 27.

    He said that the Armenians often fraudulently organize foreigners' trips to the occupied territories of Azerbaijan.

    "The foreigners must understand that this is Azerbaijan's territory," he said. "Any visit without the permission of the Azerbaijani authorities is a grave violation of the country's laws. As a result, these persons are included in the list of undesirable persons of the Azerbaijani foreign ministry."

    He said that the surnames of ten people have been excluded from this list upon their requests since 2013.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan.

    As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations.

    Armenia has not yet implemented four UN Security Council resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

    Edited by CN

    follow the author on Twitter: @Asebaa

    Follow us on Twitter @
    3
  • Turkey, Russia agree on gas discount '" Minister
    27.02.2015 13:15
    http://cdn.trend.az/pictures/2012/12/08/gas_line_081212.jpg
    http://cdn.trend.az/pictures/2012/12/08/gas_line_081212.jpg
    Baku, Azerbaijan, Feb. 27

    By Rufiz Hafizoglu - Trend:

    Moscow and Ankara have agreed on a 10.25 percent discount on the Russian gas supplied to Turkey, Turkish Minister of Energy and Natural Resources Taner Yildiz was quoted Feb. 27 by Turkish TRT Haber channel as saying.

    ---

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    12
  • Washington fails to make up global anti-Russian coalition '" Russian FM
    27.02.2015 13:06
    http:// www.news.az/photos/page-photo/137605.jpg
    http:// www.news.az/photos/page-photo/137605.jpg
    Washingtonв's attempts to create a global anti-Russian coalition have failed, Russian Foreign Minister Sergey Lavrov said on Friday.

    "Washington has failed to make up a global anti-Russian coalition," Lavrov said at the Foreign Ministry's Diplomatic Academy, ITAR TASS reports.

    "We are engaged in a dialogue with the majority of the countries. Support of the world community for Russia's balanced policy is growing," Lavrov said.

    Lavrov said Russia will not be forced to change its foreign policy course under pressure from abroad.

    No objective prerequisites for new Cold War

    Lavrov noted that there are no objective prerequisites for the second edition of the Cold War.

    "On the one hand, there are no [prerequisites] because the Cold War was based on tough ideological bloc confrontation," Lavrov said. "So, there are no objective prerequisites for the second edition of the Cold War," he noted.

    "On the other hand, the ferocity that we see in a number of Western capitals now exceeds the levels seen in the period of the Cold War," the minister stressed.
    5
  • Iran says talks with US energy minister '˜fruitfulв'
    27.02.2015 13:05
    http://cdn.trend.az/pictures/2011/12/20/ali_akbar_salehi_201211_7.jpg
    http://cdn.trend.az/pictures/2011/12/20/ali_akbar_salehi_201211_7.jpg
    Baku, Azerbaijan, Feb.27

    By Fatih Karimov - Trend: Chairman of Atomic Energy Organization of Iran Ali Akbar Salehi said talks with the US Secretary of Energy were fruitful.

    Salehi said he negotiated technical issues, which had faced deadlock, with US Secretary of Energy Ernest Moniz on the sidelines of the nuclear talks, Iran 's ISNA news agency reported on Feb. 27.

    "Fortunately, we gained good results and took long steps. Of course, there are still issues which should be discussed."

    Reaching agreement on technical issues will pave the way for legal and political agreements, he noted.

    He added that the two sides would continue negotiations in Switzerland on March 2.

    Salehi and Moniz held three rounds of talks on Feb. 21 and 22.

    Iran's deputy foreign minister, Abbas Araqchi said on Feb. 23 that Iran will continue nuclear talks only if the other side shows respect.

    "We will continue negotiating as long as we see respectful behavior from the other side, otherwise we will leave the negotiating table," Araqchi said.

    "The Iranian nation will never surrender to a language of threat and pressure," he added.

    The talks between Iran and the P5 1 were extended until June 30, 2015 to reach a comprehensive nuclear agreement. However, the sides attempt to reach a political accord in March.

    After the parties failed to meet the November 24, 2014 deadline they also extended the Geneva nuclear deal, which was signed in November 2013 for providing Iran with some sanctions relief in exchange for Tehran agreeing to limit certain aspects of its nuclear activities.

    Edited by CN

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    5
  • Industry risks of Kazakh banks increase
    27.02.2015 12:58
    http://cdn.trend.az/pictures/2011/12/23/Standard_Poor_231211.jpg
    http://cdn.trend.az/pictures/2011/12/23/Standard_Poor_231211.jpg
    Baku, Azerbaijan, Feb. 26

    By Elena Kosolapova - Trend:

    Standard amp; Poor's Ratings Services took various rating actions on seven Kazakhstan-based financial institutions due to rising industry risk, the rating agency reported on Feb. 27.

    Samp;P revised the outlooks to negative from stable on JSC SB Alfa-Bank, Kaspi Bank JSC, and PNB-Kazakhstan, and affirmed the long- and short-term counterparty credit ratings on these banks. The agency also revised the outlook to stable from positive on JSC Eurasian Bank and affirmed the long- and short-term counterparty credit ratings. Moreover Samp;P affirmed the long- and short-term counterparty credit ratings and maintained a stable outlook on ForteBank JSC (formerly known as Alliance Bank JSC), KazInvestBank, and Kazakh Agrarian Credit Corp. At the same time, the agency lowered the Kazakhstan national scale rating on JSC SB Alfa-Bank to 'kzBBB-' from 'kzBBB' and lowered the national scale rating on Kaspi Bank JSC to 'kzBBB ' from 'kzA-'.

    "Today's rating actions follow our decision to downgrade Kazakhstan. In our opinion, industry risks for Kazakh banks have increased because of the slowdown of the Kazakh economy, on the back of the pronounced drop in international oil prices, and further devaluation of the Kazakhstani tenge. This reflects our opinion of the Kazakh banking system's weakening funding profile," Samp;P said.

    The sharp decline in oil prices greatly affects the outlook for Kazakhstan's economic growth and external and fiscal imbalances, given the Kazakh economy's high dependence on oil. The Kazakh oil sector accounts for an estimated 20-30 percent of GDP, more than 50 percent of revenue, and 60 percent of exports, according to Samp;P. The agency expects that the National Bank of Kazakhstan will either allow a gradual depreciation of the tenge or undertake another devaluation later this year, to accommodate lower oil prices and to ease the tenge's appreciation against the Russian ruble.

    "Our assessment of the economic risk trend for Kazakh banks remains stable. The stable trend reflects the already very high economic risks in a global comparison and the banking sector's only modest exposure to the oil sector. We expect reduced demand for credit from small and midsize enterprises and consumers, which tend to be the banks' core lending customer base, in view of lower GDP growth," the agency said.

    Samp;P expects that credit risk in the economy will remain extremely high, taking into account Kazakh banks' history of aggressive underwriting standards and the country's weak payment culture and rule of law. The agency expects that the very high volume of nonperforming loans (NPLs) in the Kazakh banking systemmdash;24 percent as of year-end 2014--will continue to decline gradually in 2015, partly due to more proactive initiatives of the Kazakhstan National Bank.

    The agency noted that in recent months, Kazakh banks have suffered from a lack of tenge liquidity due to the conversion of tenge deposits into foreign currency. To hedge the widening foreign currency asset and liability mismatches, Kazakh banks have had to use costly foreign currency swaps with the National Bank of Kazakhstan, which has negatively affected their cost of funds.

    "We expect to see lower savings rates among corporate and retail depositors in 2015, in view of the reduced economic growth prospects and our expectation of the tenge's devaluation. We anticipate that increased retail deposit volatility and the dollarization of deposits will continue due to depositors' weakening confidence in the Kazakh economy and the tenge. Smaller banks will be particularly vulnerable to flight to quality and possible panic-driven deposit outflows. By our estimates, state-related companies are significant depositors with Kazakh commercial banks, accounting for over one-quarter of total deposits. We expect a squeeze on their deposit bases given the lower GDP growth," Samp;P said.

    The increased industry risk puts pressure on the anchor, the starting point in assigning an issuer credit rating to a bank, which is 'bb-' for banks operating predominantly in Kazakhstan? According to Samp;P.

    "We have consequently revised our outlooks on Alfa-Bank, Kaspi Bank, PNB Kazakhstan, and Eurasian Bank, incorporating our opinion that these banks' capital buffers are likely to be affected by the increasing industry risks," the agency said.

    Meanwhile the stand-alone credit profiles for, and consequently the issuer credit ratings on, KazInvestBank, ForteBank, and Kazakh Agrarian Credit Corp are not immediately affected by the increasing industry risks.

    Follow the author on Twitter: @E_Kosolapova

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    7
  • Rouhani: US should correct its wrong steps in nuke talks
    27.02.2015 12:57
    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. 27

    By Umid Niayesh - Trend:

    Iran's president Hassan Rouhani said that the US should correct its wrong steps taken in the nuclear talks with Iran.

    Iran's president said that the US administration is responsible for current disputes over the Islamic Republic's nuclear program.

    They prevented the three European countries the UK, France and Germany, from achieving a nuclear agreement with Iran in 2004, the Iranian president said, the country's official IRNA news agency reported Feb. 27.

    The aforementioned three countries now confess that the US was behind the issue, Rouhani said.

    "Now it is time to the US side to correct the wrong steps," he said.

    In 2003 Iran made a deal with UK, France and Germany regarding its nuclear program, and agreed to suspend its uranium enrichment, and allow for international inspection to take place on its soil. However, one year later, Iran stopped implementing the agreement, as the EU presented the country with "inadequate" proposals.

    Rouhani said that Iran tries to take the sanctions weapon away from the enemies, adding negotiating is best approach for achieving this purpose.

    If the negotiations fail, all world will understand that the counter side is responsible for that, Rouhani argued.

    The US officials themselves confess that if they do not achieve a result in the ongoing nuclear talks they will be isolated in the world.

    A fresh round of Iran-P5 1 talks will be held in Geneva on March 2. Iran and the six governments are aiming to reach a political understanding by March 31 and agree on a comprehensive deal by a self-imposed June 30 deadline.

    The US and its Western allies suspect Iran of developing a nuclear weapon - something that Iran denies.

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    5
  • Georgia's joining NATO not discussed in Prague '" Special Representative
    27.02.2015 12:50
    http://cdn.trend.az/pictures/2014/10/16/zurab_abashidze_161014.jpg
    http://cdn.trend.az/pictures/2014/10/16/zurab_abashidze_161014.jpg
    Tbilisi, Georgia, Feb. 27

    By Nana Kirtzkhalia - Trend:

    The issue of Georgia's joining NATO was not discussed in Prague, Georgian Prime Minister's special representative Zurab Abashidze said.

    NATO enlargement poses a threat to Russia, Russian Foreign Ministry spokesman Grigory Karasin said in Prague following a meeting with Abashidze.

    Karasin said that the Russian colleagues and Georgian partners are discussing NATO enlargement and are closely monitoring this process.

    "Russia will inform the Georgian and international partners about its positions," Karasin said. "The Georgian authorities are aware about this. We have no closed topics."

    "This format does not envisage the discussion of our relations with the third countries or international organizations," Abashidze said. "That's why we did not talk about this."

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    6
  • US congressman makes statement in connection with Khojaly tragedy
    27.02.2015 12:50
    http:// www.news.az/photos/page-photo/137604.jpg
    http:// www.news.az/photos/page-photo/137604.jpg
    On February 26, Congressman from the state of Montana (USA) Ryan Zinke made a statement to Congress in connection with the 23rd anniversary of the Khojaly tragedy.

    1news.az reports with reference to the press service of the Azerbaijani embassy in the US that according to R.Zinke despite attempts to understate the real extent of the Khojaly tragedy, 613 Azerbaijani civilians became the massacre victims on 26 February 1992.

    At the same time the congressman stressed close relations between Azerbaijan and the United States, as well as an important contribution of our country's operation in Afghanistan. He stressed that this day is important to recognize the tragedy of Azerbaijan - the US partner.

    On February 25, Congressman Zinke made speech at the memorial ceremony held by the US Congress in connection with the 23rd anniversary of the Khojaly tragedy. On the same day, Congressman from California Judy Chu issued a statement supporting the aggressive policy of Armenia. However, the statements of Congressman Zinke brought the truthfull information to the memebers of Congress.
    6
  • Armenia stands confused amidst geopolitical shifts
    27.02.2015 12:35
    http://www.today.az/pictures/pic138918.jpg
    http://www.today.az/pictures/pic138918.jpg
    /By AzerNews/

    By Mushvig Mehdiyev

    At such a time when Armenia has lost much of its military weight, dwarfed by its own internal struggles and economic hardship, can the world's elite forces really say they still need this post-Soviet country?

    Armenia has struggled to find its footing, forever a satellite of Russia, torn in between western powers' need to create a buffer to Russian hegemony and their desire to achieve their political survival.

    Though Armenia seems to have fallen under Moscow's sway that is not to say that the western powers have lost all interest into this small South-Caucasian country. If small and economically bankrupt, Armenia remains a geostrategic pawn.

    "Armenia is neither an important nation, nor an ally of the US," Jason Katz, the principal of Tool Shed Group, a consultancy that advises foreign governments, NGOs and corporations in the realms of strategic communications, politics and policy, said in an article published in the U.S. Roll Call online newspaper.

    Calling Armenia a vassal of Russia, Katz explained that how Armenia actually recently turned away from the West by joining Russian leader Vladimir Putinв's Eurasian Economic Union. The EEU seeks to act a counterweight to the European Union.

    "Armenian borders and airspace are even patrolled by the Russian military," Katz added.

    Katz also spoke in his report of Brad Sherman, a democrat representative from California, who only recently attempted to reach out to Armenia in efforts to strengthen the mutual ties which exist in between the US and Armenia.

    Sherman wrote that as a senior member of the House Committee on Foreign Affairs, he has focused on recognizing the unproven ''Armenian genocide'', increasing aid to Armenia and Armenians of Georgia's Samtskhe-Javakheti region, as well as the separatists of Nagorno-Karabakh. Sherman's biased address pushed all limits when he urged to "hold Azerbaijan accountable for its actions against Armenia."

    Katz severely criticized Sherman's baseless claims, saying: ''Why would a member of the US Congress go so far to offend not one, but two of Americaв's most important regional allies - Azerbaijan and Georgia?''

    "In reality, Armenia is not an important nation to the US, but it is however indispensable to the Iranians and the Russians," added Katz. He translated Sherman's efforts as the manifestation of his own political self-interest. Since California is home to much of the Armenian diaspora, Sherman was simply trying to score a few political points.

    While commenting on Armenian nationals living in Nagorno-Karabakh and Javakh, Kratz said, "The whole world, including the US has admitted that Azerbaijanв's Nagorno-Karabakh region has been illegally occupied by Armenia."

    Back in the 1990s, Armenia invaded and occupied several Azerbaijani regions, among which the Nagorno-Karabakh region. Ever since the region has known unrests. As a result of Armenia's armed invasion, 20 percent of Azerbaijan's territory fell under Armenian occupation.

    Although the OSCE has attempted to negotiate a peaceful resolution to the conflict, Armenia has systematically derailed peace talks, preferring to revert to armed aggression and war crimes rather than engage in peace talks.

    "As for Javakh, it is a region within Georgia with compact Armenian minority and subject to territorial claims by some more radical Armenians. Actually, many Armenians in Javakheti region of Georgia, as it is properly called, carry Russian passports," Kratz noted.

    The Central Asian and Caucasian Studies in Sweden has already warned that Javakheti - province in southern Georgia - could become the next South Caucasus fault-line. Once again Armenia finds itself at the center of a territorial dispute.

    Moreover, Yerevan has been very active behind the scenes, resorting to issuing threats and warning against Georgia should it dare engages in acts of violence against the Armenian political movements in Javakheti. Yerevan issued a series of statement in which it threatened Georgia of pending actions should "its nationals" suffer violence.

    As tensions continue to simmer in the South Caucasus, western powers remain on the fence when it comes to Armenia and its role within their own political agenda.

    Uncertain itself of the direction it should take, Armenia remains weak and divided, a political conundrum which sooner or later will unravel under the weight of its own treachery and political inadequacy.

    In a nutshell, modern Armenia is not more than an empty institutional shell with no real own geopolitical stance.
    9
  • So-called election in occupied Karabakh is illegal '" Azerbaijani foreign ministry
    27.02.2015 12:27
    http://cdn.trend.az/pictures/2015/02/06/trend_mid_azerbaijan_main.jpg
    http://cdn.trend.az/pictures/2015/02/06/trend_mid_azerbaijan_main.jpg
    Baku, Azerbaijan, Feb. 27

    By Seba Aghayeva - Trend:

    The so-called parliamentary election planned to be held by the separatist regime of Nagorno-Karabakh on May 3 is illegal, spokesman for the Azerbaijani foreign ministry Hikmet Hajiyev said Feb. 27.

    "This election is a violation of the laws of Azerbaijan," Hajiyev said. "It is aimed at undermining the negotiation process on the Nagorno-Karabakh conflict settlement."

    ---

    follow the author on Twitter: @Asebaa

    Story still developing

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    4
  • Iran proposes Turkmenistan to expand transport cooperation
    27.02.2015 12:26
    http://cdn.trend.az/pictures/2012/05/11/Turkmenistan_Iran_flags_Album_110512.jpg
    http://cdn.trend.az/pictures/2012/05/11/Turkmenistan_Iran_flags_Album_110512.jpg
    Ashgabat, Turkmenistan, Feb. 27

    By Huseyn Hasanov- Trend:

    The bilateral relations, including those in the transport sector, were discussed during a meeting of Turkmen President Gurbanguly Berdimuhamedov and Iranian Minister of Roads and Urban Development Abbas Ahmad Akhoundi in Ashgabat, the Turkmen government said Feb. 27.

    Akhoundi stressed that Iran attaches great importance to Iranian President Hassan Rouhani's forthcoming visit to Turkmenistan and the summit talks in Ashgabat.

    A wide range of issues of bilateral relations will be put on the agenda, the statement said.

    The transport was one of the important areas of partnership.

    Turkmenistan has made a number of important initiatives to build the regional and international transport-communication infrastructure, said the statement.

    "The North-South transnational railway line is an eloquent example of the successful joint efforts. In this regard, the Iranian side's proposals on cooperation in this priority area were also voiced," according to the statement.

    President Berdimuhamedov emphasized at the meeting that Turkmenistan attaches great importance to the strengthening of good-neighborly interstate dialogue and mutually beneficial relations with Iran.

    At the meeting the sides confirmed the sides' mutual intention to continue strengthening and accelerating the effective interaction on a long term basis, taking into account the current realities and prospects for the implementation of new joint projects.

    A specialized exhibition is underway in Ashgabat these days. Around 120 Iranian companies, holding the leading positions in various sectors of the economy and representing the major industrial centers of Iran, attend the exhibition, Neutral Turkmenistan newspaper reported.

    Certain presentations are devoted to the projects in such areas as road construction and road transport, city improvement, oil, gas and chemical areas perspective for the joint work. The sides call the trade-economic sphere, the textile industry, agriculture and food production as the priorities.

    The annual volume of Turkmenistan-Iran bilateral trade hits $5 billion and it can double in the coming years, the Iranian side said.

    During the years of the long-term cooperation, Turkmenistan and Iran implemented a number of large-scale joint projects. The most important project is the Korpeje-Kurt-Kui gas pipeline, commissioned in 1996.

    The two countries built a border dam, called Dostluk (Friendship), and realized the lsquo;North-South' railway project, on the basis of a tripartite agreement signed in 2007 with participation of Turkmenistan, Iran and Kazakhstan.

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    6
  • Azerbaijanв's tariff council comments on possible increase in gasoline prices
    27.02.2015 12:25
    http:// www.news.az/photos/page-photo/137603.jpg
    http:// www.news.az/photos/page-photo/137603.jpg
    Azerbaijanв's Tariff Council has commented on reports about possible increase in gasoline prices spread on a number of websites on 27 February.

    1news.az reports with reference to sources in the Tariff Council that they received no proposals on increase in tariffs on energy sources.

    lsquo;The issue of changes, particularly of increase in tariffs on energy sources (including gasoline), as well as passenger transportation is not considered by the council", the sources in the Tariff Council said.
    5
  • British Airways carries out campaign for passengers from Azerbaijan
    27.02.2015 12:25
    http:// www.news.az/photos/page-photo/137602.jpg
    http:// www.news.az/photos/page-photo/137602.jpg
    Airline British Airways has launched a new spring campaign, which will enable Azerbaijani tourists to travel at discounted prices.

    1news.az reports with reference to the press service of British Airways that airline tickets with a discount available for the Club World and World Traveller classes. The tourists from Azerbaijan will be able to travel up within campaign to 30 June 2015. Rates start at EUR 484 from Azerbaijan to the UK and Europe, and from EUR 674 in the United States and Canada.

    In addition, to encourage the residents of Azerbaijan on a family vacation this spring, experts from British Airways have compiled a list of the best places that would suit parents and children.

    According to experts, one of the best places for vacation during spring break in 2015 are Los Angeles (California, USA), Milan (Italy), Washington (USA), Toronto (Canada) and the island of Jersey (UK).
    6
  • Kazakh KMG EP has no plans to reduce expenditures on geological exploration
    27.02.2015 12:08
    http://cdn.trend.az/pictures/2013/09/08/oil_geological_works_080913.jpg
    http://cdn.trend.az/pictures/2013/09/08/oil_geological_works_080913.jpg
    Baku, Azerbaijan, Feb. 25

    By Elena Kosolapova - Trend:

    Kazakhstan's KazMunaiGas Exploration Production oil producing company doesn't plan to reduce the expenditures on geological exploration in connection with the decrease in oil prices, the company told Trend.

    "Currently, the company adheres to the approved plans for 2015 in which the volume of geological exploration work is envisaged at 2014 level," said the company.

    At the same time, KMG EP said that adjustments could be made if the economic situation changes.

    The world oil prices have dropped from almost $110 per barrel to below $50 in recent months.

    Meanwhile, in the current market situation, the company has to revise its plans for modernization of production. For instance, some long-term projects have been postponed. Moreover, the company reduced the volume of capital investments by 115 billion Kazakh tenge (185.05 tenge=$1), or by 14 percent in 2015, compared to 2014.

    "It is planned to reduce the expenditures by decreasing the volume of investments which doesn't affect the production level and by decreasing the expenditures on the infrastructure projects," said the company.

    Regarding the use of new technologies, a new method for maintaining reservoir pressure - polymer flooding - has been tested at Nuraly field of Kazgermunai enterprise in the Kyzylorda province since June 2014. KMG EP has a 50-percent share in the Kazgermunai enterprise.

    The same technology has been tested at Zaburunye field of EmbaMunaiGas since November 2014.

    Moreover, work on choosing sites and possibility of using the technologies of polymer and cyclic flooding is underway at the fields of Ozenmunaigas JSC.

    KMG EP launched the program for modernization of production in 2012. Production facilities, a shop for diagnostics and repair of underground equipment, a facility for the treatment and transportation of associated gas etc. have been constructed as part of this program.

    KMG EP is among the top three oil producers in Kazakhstan as of 2014. The volume of consolidated proven and probable reserve of the KMG EP, given the shares in joint ventures, amounted to 200 million metric tons (1.5 billion barrels) in late 2013. Some 148.8 million metric tons (1.1 billion barrels) of this volume accounted for Ozenmunaigas JSC, Embamunaigas JSC and Ural Oil and Gas LLP( Rozhkovsky field, Fedorov block).

    Edited by CN

    ---

    Follow the author on Twitter: @E_Kosolapova

    Follow us on Twitter @
    7
  • Nigar Akhundova: Selective abortions are the biggest sin
    27.02.2015 12:01
    http:// www.news.az/photos/page-photo/137601.jpg
    http:// www.news.az/photos/page-photo/137601.jpg
    Every unborn girl means her 2-3 unborn children.

    Oxu.Az interviews head doctor of Caspian International Hospital, candidate of medical science, gynecologist, member of the work group on protocol writing Nigar Akhundova.

    Most Azerbaijani men, who bring their wives to a gynecologist demand a woman doctor, though most of them often do not approve women's studying, considering that woman's place is in the kitchen. What do you think about it?

    This stereotype is observed in almost all medical spheres but most of the respected husbands do not understand that gynecology and obsterics is the most complex and respective sphere of medicine and in most countries this hard work is laid on men. Therefore, it is just absurd to divide doctors into men and women. It is necessary to take into account doctor's professional skills.

    Selective abortions are common for our society. But can this fact be acceptable in a country dominated by Muslims? After all, religion condemns abortionshellip;

    Unfortunately, I have to admit that selective abortions are common not only in our country but in most countries as the CIS and far abroad. It is especially relevant in China, India, Africa, Spain, Greece and some Muslim countries.

    In general, selective abortions are a great sin. And the matter is not about Muslims. The matter is about the degradation of moral values, zeroing the role of a mother. This is unacceptable, since every unborn girl means her 2-3 unborn children and a demographic catastrophe after a while.

    In short, our boys will have no one to marry in decades. This causes the problems as homosexuality and propaganda of sexual relationships that are alien to our mentality.

    It is very encouraging that this problem is now being closely dealt with by numerous organizations and commissions both within the Ministry of Health and the Committee for Protection of Women's and Children's Rights, religious and public organizations. Various regulations, prohibiting to tell the child's gender during ultrasound examination, especially before 22 weeks. These and other problems based on domestic violence are often discussed on TV.

    Why are there the stereotypes in our society, in line with which the couples, especially fathers, dream of sons and view girls as something inferior? This leads to selective abortionshellip;

    I think the war imposed on us, the loss of our brave sons played a role here. However, it is odd that we are integrating with Europe in everything but remain on the level of the backward nations. In fact, every child is born by a woman and is it not the end of the world when a mother is treated as inferior?

    Love and respect for a girl-woman-mother must be formed from early years. We are not speaking of matriarchate. We are speaking of basic human values when there is no place for murder by gender.

    Why do you think our society disprove artificial insemination? What do you think is the reason of such a hostile attitude?

    Well, the matter is about stereotypes-if it is artificial insemination, it means a child will be born from other people, though this is not true. There are several positions in artificial insemination, and only if a man or a woman has no germinal cells, donor's cells are used. But this is all done legally within the framework of accepted legal norms. That is no one can implant you a donor cell or an embryo without your consent.

    Caesarian section was once popular among modern Azerbaijani women. Has the situation changed today and why was or is Caesarian section so popular?

    Well, to be honest, the situation has changed for better. It all changed after the decree of the President of the country, over which audits for revealing the facts of such surgeries without any grounds started to be held in all maternity centers. The situation was really on the peak at that time.

    In most hospitals it was just a banal desire of a woman or a diagnosis not in competence of gynecologists was revealed on them. But, anyway, we are still far from being ideal since the number of Caesarian sections is growing because of the women who underwent surgery a few years ago.

    Most countries apply the practice of vaginal birth after caesarian. This is also the policy of the system of labor induction for the near future. And this will be dealt with by research institutions, chairs of obstetrics and gynecology of the Medical University, maternity centers with good equipment and staff potential.

    Why do you think marriages among relatives are so popular in our country? Are people not aware of the implications such marriages may result it?

    In general, if we look back into history of various novels of the past century, a love for a cousin has always been relevant and praised. The problem begins when it all becomes wide-scale. In fact, statistics shows that the genetic diseases among children from such marriages are not so frequent. Anyway, kinship is not a reason for panic, but just a ground for taking genetic consultations.

    It cannot go unnoticed that application of medical examination before marriage was accepted dually in our society. Though many supported the new law, some people condemned this novelty. What do you think is the reason of such a reaction?

    It is an elementary nihilism - rejection of everything without explaining the reasons. After all, is it bad? People should know about the state of their health and hold responsibility for the birth of healthy generation. And this is impossible without extramarital consulting and examination.
    7
  • AtaBank OJSC launches '˜Letв's value manatв' campaign
    27.02.2015 11:56
    http://cdn.trend.az/pictures/2012/10/12/Atabank_logo_121012.jpg
    http://cdn.trend.az/pictures/2012/10/12/Atabank_logo_121012.jpg
    Baku, Azerbaijan, Feb. 27

    Trend:

    AtaBank OJSC raised interest rates on manat deposits. Customers will be able to place their deposits in manats with annual interest rate 12% and with 16% for 5 years.

    There is some good news for customers who want to accumulate their savings with monthly replenishments.

    So interest rates for Accumulative deposit rose for extra 1%.

    In general, the AtaBank OJSC will continue campaign of raising annual interest rates on deposits under the campaign lsquo;Let's value Manat'.

    One of the biggest banks of the Azerbaijan AtaBank OJSC finished 2014 with 580,3 mln manats assets that grew by 54,8% in comparision with previous year.

    As a result of being successful in business and retail banking AtaBank OJSC's deposit portfolio was 511,0 mln. manats, 166,0 mln of that amount was personal term deposits.

    Functioning since 1993 AtaBank OJSC is one of the biggest commercial organizations of Azerbaijan.

    Today AtaBank is a hi-tech universal bank. AtaBank OJSC is functioning with 25 branches and divisions in Baku and in the regions of Azerbaijan. AtaBank OJSC is a universal bank rending full complex of services to corporate and private clients.

    Follow us on Twitter @
    5
  • MP about officials' salaries
    27.02.2015 11:55
    http:// www.news.az/photos/page-photo/137600.jpg
    http:// www.news.az/photos/page-photo/137600.jpg
    The salaries of state officials are not high in Azerbaijan.

    According to Oxu.Az, the statement came from MP Fazil Mustafa in his interview to AzVision.az.

    He said the salaries of state officials cannot be presented to the government:

    "Transfering a part of state employees' salaries to the state budget means that state employees who do not take bribes will have to do it because there are some state employees who have their businesses, houses and objects and there are those who live on salary. If this happens, they will be obliged to take bribes because the salaries are not high.

    They have no opportunity to engage in any business except for state service. Therefore, I believe such approach is absurd. One cannot solve a problem by such a populist means".

    MP believes that there is a need to look for normal and useful ways.

    "Because such a method is populist. There is no need for it in Azerbaijan. Who can make such a proposal here?

    For example, I will propose to transfer part of the state officials' salaries to the state budget. Won't they ask me how to support their families? Ministers also need money. The government must find the most optimal way".
    5
  • AccessBank accepts loan payments via MilliГ-n payment terminals
    27.02.2015 11:55
    http://cdn.trend.az/pictures/2014/04/03/terminal_million_030414.jpg
    http://cdn.trend.az/pictures/2014/04/03/terminal_million_030414.jpg
    Baku, Azerbaijan, Feb. 27

    Trend:

    For the convenience of customers AccessBank has enabled customers to use MilliÖn payment terminals for loan payment. From now on, customers can use MilliÖn to pay their loans at any time of the day without coming to the Bank.

    The payment terminals are installed in the public places of Baku and other cities of Azerbaijan.

    MilliÖn payment terminals accepts both US dollars and Azerbaijani manats. You need to select "Bank services" from the screen, touch "AccessBank" icon and conduct relevant transactions. If the payment is made by 20:00 during a working day, the payment is accepted for that day. Payments made after 20:00 or on non-working day are accepted as payments of the next working day.

    No service fee is charged for using the terminals. Call AccessBank call centre at 151 or *0010 customer service of the MilliÖn payment system if you will have any questions.

    AccessBank was established in 2002 by Black Sea Trade and Development Bank, EBRD, IFC, KfW, a German consulting company LFS Financial Systems GmbH and AccessHolding. AccessBank provides loans to micro and small businesses and has a wide network of branches in Azerbaijan employing more than 2000 people.

    Fitch Ratings assessed AccessBank as BBB-, the highest credit rating among all banks in Azerbaijan.

    Follow us on Twitter @
    7
  • IMF and World Bank to assess financial sector of Azerbaijan
    27.02.2015 11:55
    http:// www.news.az/photos/page-photo/137599.jpg
    http:// www.news.az/photos/page-photo/137599.jpg
    Attention will be given to the legal, regulatory and supervisory issues.

    IMF and World Bank are beginning the second estimate of the financial sector (FSAP) of Azerbaijan, Oxu.Az reports with reference to Fineko.

    Mission of IMF and the World Bank which assess the development and stability of the financial sector, will conduct the FSAP in Baku from 2 to 17 of March.

    At that, the attention will be paid to legal, regulatory and supervisory issues, basic financial services (banking, insurance, capital markets and mortgage) and to the availability of financial resources.
    7
  • Action Plan on celebrating Second World War anniversary approved
    27.02.2015 11:37
    http:// www.news.az/photos/page-photo/137598.jpg
    http:// www.news.az/photos/page-photo/137598.jpg
    President of Azerbaijan Ilham Aliyev signed a decree approving the "Action Plan for the preparation and celebration of the 70th anniversary of the victory in the War of 1941-1945."

    1news.az reports citing the official website of the President of Azerbaijan that the order says: "In accordance with paragraph 32 of Article 109 of the Constitution, in accordance with the recommendation of the celebration of the 70th anniversary of the victory in the War of 1941-1945 in the Decision of the Council of Heads of CIS states "On preparing for the celebration of the 70th anniversary of Victory in the Great Patriotic War of 1941-1945" on December 5, 2012 I decree:

    1. To approve the "Action Plan for the preparation and celebration of the 70th anniversary of the victory in the War of 1941-1945."

    2. To carry out the financing of expenditure required for the execution of the activities outlined in the Action Plan approved by paragraph 1 of this Order, using the funds provided by the state budget of the Republic of Azerbaijan for 2015 for the relevant executive bodies.
    10
  • Stolen Picasso painting worth millions discovered
    27.02.2015 11:31
    http://img.sia.az/news/2015/siaphoto_463205.jpg
    http://img.sia.az/news/2015/siaphoto_463205.jpg
    A Picasso painting, snatched more than a decade ago from a storeroom in Paris, has surfaced in New York and will be returned to the French government, US officials said Thursday.

    The century-old Cubist oil was smuggled into the United States last December from Belgium with a shipping label that described the contents as a handicraft holiday present worth 30 euros ($37).

    The painting, known as "La Coiffeuse" or "The Hairdresser," is estimated to be worth millions of dollars, US prosecutors said.

    It was intercepted by US customs and subsequently seized by Homeland Security Investigations.

    "A lost treasure has been found," said Loretta Lynch, attorney for the eastern district of New York.

    "Because of the blatant smuggling in this case, this painting is now subject to forfeiture to the United States. Forfeiture of the painting will extract it from the grasp of the black market in stolen art so that it can be returned to its rightful owner," added Lynch, who is also the US Attorney General nominee.

    Painted in 1911, the oil-on-canvas measures 33 by 46 centimeters (13 by 18 inches) and is part of the Musee National d'Art Moderne collection in Paris.

    It was last exhibited publicly in Munich, Germany, where it was on loan to the Kunsthalle der Hypo-Kulturstiftung.

    It was then returned to Paris and placed in the storerooms of the Centre George Pompidou. Officials only realized it was missing when a loan request came through in 2001 and they could not find it.
    8
  • Baku 2015 volleyball preliminary round pools announced
    27.02.2015 11:24
    http://www.today.az/pictures/pic138915.jpg
    http://www.today.az/pictures/pic138915.jpg
    /By AzerNews/

    By Nigar OrujovaBaku 2015 European Games has announced the composition of the pools for the preliminary round of the Volleyball competition.Twelve teams will feature at the inaugural European Games in the menв's and womenв's competitions respectively, of which nine have qualified through their position in the latest European rankings.Hosts Azerbaijan feature automatically, and two other teams qualify through their standings in the last four competitions of the CEV Volleyball European League.The Baku 2015 European Games Volleyball pool composition is detailed below, with teamsв' European rankings in brackets. Azerbaijan were allocated the top spot in Pool A as host country in both the menв's and womenв's competitions.Men: Pool A: Azerbaijan (34 '" Host), Serbia (3), Poland (4), France (7), Finland (8), Turkey (13)Pool B: Russia (1), Italy (2), Bulgaria (5), Germany (6), Belgium (9), Slovakia (10)Women: Pool A: Azerbaijan (12 '" Host), Italy (2), Turkey (4), Poland (6), Belgium (8), Romania (15)Pool B: Russia (1), Serbia (2), Germany (5), Netherlands (6), Croatia (8), Bulgaria (10)Teams will play the other members of their pools in a single round-robin format, with the top four teams from each pool qualifying for the quarter-finals.''Volleyball is one of the most popular sports on the Baku 2015 European Games programme, and we are very much looking forward to staging a top-level competition here in June,'' said Simon Clegg, Chief Operating Officer of Baku 2015.Pool B of the menв's competition will feature the current Olympic champions, Russia, taking on Italy, who claimed bronze at London 2012, in a rematch of the 2013 European Championship final, while world champions Poland will have to contend with a strong Serbian team in Pool A, as well as France, who had a successful campaign at last yearв's World Championship, ending the competition in fourth place.

    Reruns of the 2011 and 2013 European Championship finals will provide two of the highlights for the womenв's preliminary round, as Serbia, Russia and Germany have been assigned to the same pool.Andre Meyer, President of the European Volleyball Confederation (CEV), said: ''All of Europeв's top teams are set to compete in Baku at the inaugural European Games, and the pool composition will provide us with a series of high-profile matches right from the outset.

    "We look forward to a great sporting display this summer in Azerbaijan, and are confident that the Volleyball competition will be one of the real highlights of the Baku 2015 European Games,'' he added.Pierce Oв'Callaghan, Director of Sport at Baku 2015, added: ''The top European Volleyball teams have chosen to compete in the European Games, and with Rio 2016 Olympic Games ranking points up for grabs, it promises to be a fascinating two weeks of competition.''The Baku 2015 Volleyball competition will take place from June 13 at the Crystal Hall, and will feature 336 athletes.

    The biggest sporting event in Azerbaijan's history, the Baku 2015 European Games will attract more than 6,000 athletes to represent 50 countries in 20 sports during 17 days of competition.

    The games will take place in 21 stadia and facilities in Baku and Mingachevir city.
    7
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