Tag: turkey

Economy

Azerbaijan, Georgia, Turkey Launch ‘Silk Road’ Rail Link

ALYAT, AZERBAIJAN — The leaders of Azerbaijan, Turkey and Georgia launched an 826-km (500-mile) rail link connecting the three countries on Monday, establishing a freight and passenger link between Europe and China that bypasses Russia. The line, which includes 105 km of new track, will have the capacity to transport one million passengers and 5 million tons of freight. The three countries are linked by … Continue reading Azerbaijan, Georgia, Turkey Launch ‘Silk Road’ Rail Link

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Azerbaijan, Oil & Gas

Azerbaijan discloses investment in Turkish refinery project

State Oil Fund of the Republic of Azerbaijan (Sofaz) said it allocated just over 3% of its budget expenditures in 2013 for financing the construction of the 214,000-b/d Star Refinery planned in Aliaga, Turkey (OGJ Online, Dec. 14, 2010). Between January and December 2013, Sofaz allotted $474 million of its total budget expenditures of $15.7 billion to construction-related costs for the Star refining complex, the … Continue reading Azerbaijan discloses investment in Turkish refinery project

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Around the World, Azerbaijan, Politics

President Aliyev visits aircraft manufacturer in Turkey

By Aynur Jafarova On his first official visit to Turkey after reelection, Azerbaijani President Ilham Aliyev visited the Turkish Aerospace Industries, Inc. on November 12. President Aliyev was accompanied by his Turkish counterpart Abdullah Gul. The two presidents watched the flight performances of the Hurkush basic trainer aircraft and the T129 attack helicopter from the control tower. The Head of State was informed that Turkish … Continue reading President Aliyev visits aircraft manufacturer in Turkey

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Azerbaijan, Politics

Azerbaijan President Aliyev: 21st Century To Be Century Of Turkic World

The 21st century will be the century of Turkic world, and Azerbaijan and Turkey have undertaken the leadership in this direction, Azerbaijani President Ilham Aliyev said, Turkish TV channel TRT Haber reported on Nov. 13. Azerbaijani President made the remarks at a joint press conference with Turkish Prime Minister Recep Tayyip Erdogan, following the third meeting of the Supreme Council on Strategic Partnership between Azerbaijan … Continue reading Azerbaijan President Aliyev: 21st Century To Be Century Of Turkic World

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Politics

Seeking regional peace for global gains

With an economy heavily fueled by plentiful natural resources, Azerbaijan is determined to utilize its current buoyancy as a platform for greater internal, regional and even global stability. Part of the USSR until 1991, upon its independence Azerbaijan emerged as an important gateway to east and west, and a link between Russia, Turkey and Iran at one of Europe’s more volatile extremities. Hamstrung by porous … Continue reading Seeking regional peace for global gains

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