Azerbaijan

International Bank of Azerbaijan increases stock capital
Finance
International Bank of Azerbaijan increases stock capital
  • 24 January, 2017
  • 12:22
Central Bank attracts 50 mln AZN at today’s auction
Finance
Central Bank attracts 50 mln AZN at today’s auction
  • 24 January, 2017
  • 12:05
CinemaPlus Azerbaijan theater hall opens - VIDEO
Photo
Show business
"CinemaPlus Azerbaijan" theater hall opens - VIDEO
  • 24 January, 2017
  • 11:22
4.7 mln tons of transit oil transported via Baku-Ceyhan pipeline last year
Energy
4.7 mln tons of transit oil transported via Baku-Ceyhan pipeline last year
  • 24 January, 2017
  • 11:06
Last games of Azerbaijani referees in Antalya named
Football
Last games of Azerbaijani referees in Antalya named
  • 24 January, 2017
  • 10:58
Sayavush Heydarov: Illegal meetings are thwarted to prevent suspicious people to enter religious circles in Azerbaijan
Religion
Sayavush Heydarov: Illegal meetings are thwarted to prevent suspicious people to enter religious circles in Azerbaijan
  • 24 January, 2017
  • 10:24
Southern Gas Corridor Advisory Council will host the 3rd meeting
Energy
"Southern Gas Corridor" Advisory Council will host the 3rd meeting
  • 24 January, 2017
  • 10:07
AMF’s bonds worth 10 mln AZN registered
Finance
AMF’s bonds worth 10 mln AZN registered
  • 24 January, 2017
  • 09:54
Estonian FM: International community should make greater efforts to solve conflicts in South Caucasus region - INTERVIEW
Foreign policy
Estonian FM: International community should make greater efforts to solve conflicts in South Caucasus region - INTERVIEW
  • 24 January, 2017
  • 09:45
Academic National Drama Theatre will mark anniversary of Ismayil Daghistanli
Photo
Art
Academic National Drama Theatre will mark anniversary of Ismayil Daghistanli
  • 24 January, 2017
  • 09:27
Number of Azerbaijani students studying abroad named
Education and science
Number of Azerbaijani students studying abroad named
  • 24 January, 2017
  • 09:00
Weather forecast in Azerbaijan for tomorrow announced
Ecology
Weather forecast in Azerbaijan for tomorrow announced
  • 24 January, 2017
  • 08:52
Minister: PAYG component will be increased for 1 240 000 people
Social security
Minister: PAYG component will be increased for 1 240 000 people
  • 24 January, 2017
  • 08:44
Robert Prosinecki: Working for two teams at the same time not a good idea
Football
Robert Prosinecki: Working for two teams at the same time not a good idea
  • 24 January, 2017
  • 08:36
Delivery of natural gas via Baku-Tbilisi-Erzurum pipeline up by 7%
Energy
Delivery of natural gas via Baku-Tbilisi-Erzurum pipeline up by 7%
  • 24 January, 2017
  • 08:27
Ranking of insurance companies in Azerbaijan on fees (2016)
Finance
Ranking of insurance companies in Azerbaijan on fees (2016)
  • 24 January, 2017
  • 08:18
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Azerbaijan: History, Geography, Economy, and Culture

Azerbaijan (officially the Republic of Azerbaijan, azerb. Azərbaycan Respublikası) is a transcontinental sovereign state located in the Caucasus region at the crossroads of Eastern Europe and Western Asia. Bounded by the Caspian Sea to the east, Russia to the north, Georgia to the northwest, Armenia to the west, and Iran to the south—with an exclave in Nakhchivan bordered by Turkey—the country spans over 86,600 square kilometers. As a secular democratic republic with its capital and largest city in Baku, Azerbaijan is renowned for its ancient history as the "Land of Fire," its immense energy resources, and its rapidly modernizing geopolitical and economic standing.

1. Geography and Environment

Varied Landscapes: Despite its moderate size, Azerbaijan encompasses nine of the world's eleven climate zones, featuring the dramatic mountain ranges of the Greater and Lesser Caucasus, fertile river valleys, and the vast expanse of the Caspian coastline.

Natural Wealth: The country possesses profound natural reserves, notably immense offshore oil and natural gas fields, as well as mineral deposits including iron, aluminum, and copper.

2. Historical Background and Statehood

Ancient and Medieval Roots: The territory has hosted ancient civilizations, Caucasian Albania, and prominent medieval states and principalities, serving as a vital nexus along the historic Silk Road connecting East and West.

Democratic Republic and Soviet Era: In 1918, Azerbaijan established the Azerbaijan Democratic Republic—the first secular parliamentary republic in the Muslim world. Following incorporation into the Soviet Union as the Azerbaijan SSR, the nation restored its full independence on October 18, 1991, following the dissolution of the USSR.

3. Economy and Infrastructure

Energy Backbone: Azerbaijan is a major global energy supplier, anchored by monumental infrastructure projects like the Baku-Tbilisi-Ceyhan oil pipeline and the Southern Gas Corridor, supplying energy security across Eurasia.

Diversification and Transport: Beyond oil and gas, the economy features robust agricultural sectors (renowned for cotton, tea, citrus fruits, and wine), a growing non-oil industrial base, and strategic transport corridors linking Central Asia and China with Europe via the Trans-Caspian International Transport Route.

Global Hosting: The country has built a strong international reputation for hosting major global events, including the Formula 1 Azerbaijan Grand Prix, high-profile sports championships, and international climate forums such as COP29.

4. Culture, Heritage, and Arts

Cultural Tapestry: Azerbaijani culture is celebrated for its rich musical heritage (including traditional Mugham, recognized by UNESCO), intricate carpet-weaving traditions, exquisite cuisine (such as plov, dolma, and kebabs), and world-class architectural monuments like the UNESCO-listed Old City of Baku and the medieval petroglyphs of Gobustan.