Azerbaijan

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 Флаг
 

Coat of arms: the state emblem mixes traditional and modern symbols. The focal point of the emblem is the fire symbol. This symbol comes from the fact that Azerbaijan has many everlasting fires which also gives the name «land of eternal fire» — in representation of its original roots in Zoroastrianism.

At the bottom of the emblem is a stalk of wheat, representing the main agricultural product of the nation, which was also part of the earlier arms. The other plant represented at the bottom is oak.

Flag: is a horizontal tricolour featuring three equally sized fesses of blue, red, and green, with a white crescent and an eight-pointed star in the center. 

The blue symbolizes Azerbaijan's Turkic heritage, the red stands for progress, and the green represents Islam. 

 
  • Anthem: «March of Azerbaijan» («Azərbaycan Marşı») — the music was composed by Azeri composer Uzeyir Hajibeyov, with lyrics by poet Ahmad Javad. In 1992 Azerbaijan's government officially restored «Azərbaycan Marşı» as the national anthem.
  • Official languages: Azerbaijani.
  • Geographical location: is a country in the South Caucasus region of Eurasia at the crossroads of Eastern Europe and Western Asia. It is 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. Geographically Azerbaijan is located in the South Caucasus region of Eurasia, straddling Western Asia and Eastern Europe.
  • Administrative divisions: Azerbaijan is divided into 10 economic regions; 66 rayons (rayonlar, singular rayon) and 77 cities (şəhərlər, singular şəhər) of which 12 are under the direct authority of the republic. Moreover, Azerbaijan includes the Autonomous Republic (muxtar respublika) of Nakhchivan.
  • Capital: Baku.
  • Governance: is a unitary semi-presidential republic. It's a member state of the Council of Europe, the OSCE, and the NATO Partnership for Peace (PfP) program. It is one of six independent Turkic states and an active member of the Turkic Council and the TÜRKSOY community. Azerbaijan has diplomatic relations with 158 countries and holds membership in 38 international organizations. It is one of the founding members of GUAM, the Commonwealth of Independent States (CIS) and the Organisation for the Prohibition of Chemical Weapons.
  • Population: 9.7 million.
  • Currency: Manat.
  • GDP: $53.047 billion.
  • Time zone: GMT +4.
  • Telephone code: +994.
  • Barcode: 476.

 

Trade and economic cooperation between the Republic of Belarus and Azerbaijan

Azerbaijan has a variety of natural resources, main of which are oil and gas. The country has the ultimate reserves of iron, alumstone, copper, zinc, lead, bismuth and cobalt.

The main industries are: oil and gas industry, oil refining industry, chemical and petrochemical industries (mineral fertilizers, artificial rubber, tyres), food industry (including food canning industry, tea industry, wine industry) and mechanical engineering (including chemical and oil engineering), electrical and electronic engineering, ship repair. These industries have demonstrated the relatively high growth rates in recent years.

Cooperation between Belarus and Azerbaijan in trade is strategic. More than 270 companies from Belarus and Azerbaijan are involved in mutual trade and supply hundreds of goods.

The distribution network in Azerbaijan includes 5 country offices and 45 dealers of more than 50 Belarusian companies. The share of supplies through the distribution network accounts for 70% in total exports.

At the present time 3 investment projects involving Azerbaijanian capital are being implemented in Belarus. Investment volume within these projects amounts to $35 million.

MTZ, MAZ and MZKT (Belarus) and Ganja Auto Plant (Azerbaijan) founded the joint venture so that to manufacture tractors and trucks in Azerbaijan. More than 9 700 tractors Belarus of various models and special-purpose machinery as well as more than 3 800 MAZ trucks and towed vehicles have been manufactured since 2007.

The first trading house of Azerbaijan abroad was opened in Minsk in May 2017 (2, Francisk Skorina str.).

The trade turnover between Belarus and Azerbaijan totaled $160.7 million in 2017. Export amounted to $150.5 million, import — $10.2 million. Trade surplus — $140.3 million.

Belarus's most valuable products, imported by Azerbaijan in 2017:

  • Tractors and semi-tractors;
  • Sugar;
  • Wood sawn or chipped lengthwise;
  • Plywood;
  • Medicaments;
  • Particle board of wood;
  • Fibreboard of wood;
  • Milk and cream, concentrated and in powder;
  • Butter;
  • Processed petroleum oils;
  • Parts to the transmission or reception apparatus;
  • Automatic data processing machines;
  • Other furniture and parts thereof.

Azerbaijan's most valuable products, imported by Belarus are polymers of ethylene, processed petroleum oils, acyclic hydrocarbons, aluminium articles, nuts.

 

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Republic of Azerbaijan, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Azerbaijan for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

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