27 September 2020… This day can be considered a new starting point in Azerbaijan’s recent history since September 20, 1994 (the Contract of the Century - the agreement on the joint exploration, development and production sharing for the Azeri, Chirag and Gunashli fields - signed under the leadership of Azerbaijan’s National Leader Heydar Aliyev). The 44-day Patriotic War began precisely a year ago from now, which allowed Azerbaijan to restore its territorial integrity, as well as to bring peace and tranquility back to the region. 

Over almost a 30-year period of occupation of Karabakh, Armenia has destroyed practically everything in these territories, especially where Armenians have never lived. Therefore, the restoration of the liberated territories has begun since January 2021 after the occupiers had been expulsed. There is a huge range of work which has to be carried out in this direction. According to preliminary estimates, the rehabilitation of Karabakh and East Zangezur is valued at $60 billion!

Moreover, it is important to bear in mind that Azerbaijan, on the whole, will have to count on itself in financing the restoration of the freed territories. There will certainly be foreign and private investments attracted to projects in these territories, but the bulk of expenditures in the early stage, especially those meant for infrastructure projects, will be defrayed by the state.

In the state budget for 2021, the Azerbaijani authorities have provided funds in the amount of 2.2 billion AZN or $1.3 billion to finance the restoration work in the liberated territories. About $400 million of this sum has not been distributed yet, as relevant tender and other procedures are underway. But looking at the list of operations which are already running in the liberated territories, one can imagine their scale. Moreover, let’s not forget that this work was carried out in a very short period of time (only 9 months) and in difficult conditions. The entire territory was mined by the Armenians, which complicates the restoration work.  Nevertheless, the work in Karabakh and East Zangazur is in full swing and will gain momentum. Thus, through the work it is carrying out, Azerbaijan is restoring the infrastructure and laying the foundation for the return of internally displaced persons, and in the meantime, it is expressing its readiness for the negotiations with Armenia with the aim to restore the geopolitical balance, economic and investment stability in the region, as was said by President of Azerbaijan Ilham Aliyev.  «Karabakh is Azerbaijan» and the true owners of this land now have to spend money and time to clear this territory from the consequences of almost a 30-year presence of uninvited guests whom we sheltered against our will 200 years ago.

Азербайджанский игрок в настольный теннис Онур Гулузаде завоевал бронзовую медаль на турнире WTTYouthContender в Люксембурге. Об этом со ссылкой на официальный сайт министерства молодежи и спорта Азербайджана передает CaspianEnergyMedia.

Отметим, что это пятая награда, завоеванная Онуром Гулузаде на международных соревнованиях в текущем сезоне.

Azerbaijani table tennis player Onur Guluzade has won a bronze medal in the WTT Youth Contender tournament held in Luxembourg, Caspian Energy Media reports with reference to the Ministry of Youth and Sports of Azerbaijan.

It should be noted that this is the 5th award won by Onur Guluzade in international competitions in the current season.

Heydar Aliyev International Airport has once again confirmed its status as one of the best airports in the region, winning two categories at the prestigious Skytrax World Airport Awards 2024, Caspian Energy Media reports with reference to the press service of the Heydar Aliyev International Airport.

It should be noted that the World Airport Awards, considered the quality standard for the global airport industry, are based on the World Airport Survey conducted among passengers from 100 countries over a period of 7 months from 2023 to 2024.

Read more at https://airport.az/en/press-release/leader-of-the-region-baku-airport-again-awarded-skytrax/

Международный аэропорт Гейдар Алиев в очередной раз подтвердил свой статус одного из лучших аэропортов региона, победив в двух номинациях престижной премии SkytraxWorldAirportAwards 2024, об этом  cjjçoftnCaspianEnergyMedia со ссылкой на пресс-службу Международного аэропорта Гейдар Алиев.

Отметим, что премия WorldAirportAwards, считающаяся стандартом качества для мировой аэропортовой индустрии, основана на опросе WorldAirportSurvey, проведенном среди пассажиров из 100 стран мира в течение 7 месяцев с 2023 по 2024 год.

Более подробно читайте на https://airport.az/ru/press-release/lider-regiona-bakinskii-aeroport-vnov-udostoen-nagrady-skytrax/

Молодежная делегация Азербайджана под руководством министра молодежи и спорта Фарида Гаибова приняла участие в заседании Экономического и социального совета Молодежного форума ООН, состоявшегося в штаб-квартире ООН в Нью-Йорке. Об этом передает CaspianEnergyMedia со ссылкой на официальный сайт министерства молодежи и спорта Азербайджана.

 В рамках визита в США Фарид Гаибов провел двусторонние встречи с главой Управления ООН по делам молодежи Фелипе Полье, национальным секретарем Бразилии по делам молодежи Рональдом Луисом Дос Сантосом и специальным посланником Госдепартамента США по вопросам глобальной молодежной политики Эбби Финкенауэром.

The youth delegation of Azerbaijan led by Youth and Sports Minister Farid Gayibov took part at the UN Economic and Social Council's (ECOSOC) 2024 Youth Forum hosted in the United Nations’ headquarters in New York, USA, Caspian Energy Media reports with reference to the Ministry of Youth and Sports of Azerbaijan.

Within the framework of the visit to the USA, Farid Gayibov held bilateral meetings with Felipe Paullier, the first Assistant Secretary-General for Youth Affairs, Ronald Luiz Dos Santos, Brazil's National Secretary for Youth, and Abby Finkenauer, the US State Department's Special Envoy for Global Youth.

On April 16, the State Oil Company of еру Azerbaijan Republic (SOCAR) and the Saudi Arabian company ACWA Power signed a cooperation agreement focused on green fertilizers, Caspian Energy Media reports with reference to SOCAR.

The agreement was signed by SOCAR’s Vice-President, Anar Mammadov and ACWA Power’s Vice-President of Business Development - Green Hydrogen, Driss Berraho.

Read more at https://socar.az/en/post/socar-ve-acwa-power-sirketleri-asagi-karbonlu-yasil-gubre-layihesi-cercivesinde-emekdasliq-edecekler#

16 апреля Азербайджанская государственная нефтяная компания (SOCAR) и саудовская компания ACWAPower подписали соглашение о сотрудничестве в сфере зеленых удобрений. Об этом передает CaspianEnergyMedia со ссылкой на официальный сайт SOCAR.

Документ подписали вице-президент SOCAR Анар Мамедов и вице-президент ACWAPower Дрис Беррахо.

Finance Andreas Reichhardt and General Director of "Grabher Group" Gunter Graber, Caspian Energy Media reports with reference to the official website of the Ministry of Economy of Azerbaijan.

During the meeting, the increase of initiatives to expand the economic partnership between the two countries was noted, information about inclusive business environment in Azerbaijan and opportunities created for investors was provided. Austrian investors were invited to active business cooperation.