Azerbaijan

Герб
 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 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 relatively high growth rates in recent years.

Cooperation between Belarus and Azerbaijan in trade and economic spheres is of strategic importance.

More than 270 enterprises of Belarus and Azerbaijan participate in mutual trade, which carry out counter deliveries for hundreds of commodity items.

The Intergovernmental Belarusian-Azerbaijani Commission on trade and economic cooperation is actively working, another meeting of which was held on November 18, 2018 in Minsk.

The distribution network of Belarusian manufacturers on the Azerbaijani market includes 5 own entities and 45 dealers representing more than 50 Belarusian enterprises.

Currently, 2 investment projects with the participation of Azerbaijani capital are being implemented in Belarus. The volume of attracted investments in the framework of the projects is about $25 million. 

Azerbaijan has joint assembly production of tractors of MTZ OJSC, automobiles of MAZ OJSC and MZKT OJSC based on the Ganja Automobile Plant software. From 2007 to the present, about 11,000 Belarus tractors of various modifications and special equipment based on them, as well as more than 3,500 MAZ vehicles, have been assembled in Azerbaijan.

In May 2017, the first Trading House of Azerbaijan abroad was opened in Minsk (2 Francisk Skoriny St.).

In 2018, the trade turnover between Belarus and Azerbaijan amounted to $465.3 million. Export amounted to $450.2 million, import $15.1 million. The balance was positive $435.1 million.

The main export positions in 2018:

  • coal tar distillation products;
  • tractors and truck tractors;
  • oil products;
  • railway motor and non-self-propelled cars;
  • sawn timber;
  • butter;
  • machinery and mechanisms for cleaning and threshing crops;
  • plywood, etc.

Import from Azerbaijan was made up of ethylene polymers, cotton fiber, acyclic hydrocarbons, transformers, oil products, nuts, and spirits

In 2018, the main commodity items in the total import of Azerbaijan were:

HS Code

Commodity item

Cost volume of imported products, million dollars

84

nuclear reactors, boilers, equipment and mechanical devices; parts thereof

1 808.2

71

natural or cultured pearls, precious or semiprecious stones, precious metals, metals clad with precious metals, and articles thereof; bijouterie; coins

838.7

73

ferrous metal products

824.9

85

electrical machinery and equipment, parts thereof; sound recording and reproducing equipment, equipment for recording and reproducing television images and sound, their parts and accessories

780.7

27

mineral fuel, oil and products of their distillation; bituminous substances; mineral waxes

724.6

87

ground transport means, except for railway or tram rolling stock, and their parts and accessories

641.7

72

black metals

377.1

39

plastics and articles thereof

368.1

44

wood and wood products; charcoal

296.9

30

pharmaceutical products

290.2

10

cereals

257.5

94

furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting equipment

204.7

86

railway locomotives or motor tram cars, rolling stock and parts thereof; track equipment and devices for railways or tram tracks and parts thereof; mechanical (including electromechanical) signaling equipment of all kinds

153.8

 

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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