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Economy Of Azerbaijan
Nakhichevan - Azerbaijan

Principal Locations
  1. Ali Bayramli
  2. Baku
  3. Ganca
  4. Ganja
  5. Lankaran
  6. Mingacevir
  7. Nakhichevan
  8. Shaki
  9. Shusha
  10. Sumqayit
  11. Xankandi
  12. Yevlakh

Resources


Economy Of Azerbaijan



Armenia

In October 1999, five terrorists opened fire on a session of Parliament with automatic weapons. They killed the Prime Minister, the Speaker of Parliament, the two Deputy Speakers, the Minister for Special Projects, and three deputies, and wounded the Minister of Privatization and four other deputies, some critically. Deputy Procurator General Jhangirian (who is also the Military Prosecutor) was placed in charge of the investigation of the shootings. By the end of 1999, 19 persons, including a National Assembly deputy (who was stripped of his immunity by a vote of that body), the then-presidential chief of staff and advisor, and the deputy chief of state television, had been imprisoned. The investigation was criticized by attorneys for the accused, by the media, and by representatives of human rights organizations for alleged human rights abuses, including physical and mental coercion of the detainees. For example, chief defendant Nairi Hunanian claimed he was threatened and tortured in ... [Read More]

V. Country Narratives -- Countries A through G

Cyprus is a destination country for women trafficked from Eastern and Central Europe for the purpose of sexual exploitation. Traffickers who forced women into prostitution continued to fraudulently recruit victims for work as dancers in cabarets and nightclubs on short-term "artiste" visas, for work in pubs and bars on employment visas, or for illegal work on tourist or student visas. There was increasing evidence of Chinese women being trafficked for sexual exploitation in Cyprus. The Government of Cyprus does not fully comply with the minimum standards for the elimination of trafficking; however, it is making significant efforts to do so. Cyprus made some progress in its anti-trafficking efforts over the past year. The new police anti-trafficking unit produced successful results and showed vigilance in combating the problem. Government recognition of the problem improve ... [Read More]

Azerbaijan

The Government continued to restrict freedom of speech and of the press, and the press faced increased harassment during the year. Government officials repeatedly sued journalists for defamation, arrested them, and shut down their newspapers. As a result, journalists practiced self-censorship. The Government largely controlled radio and television, the primary source of information for most of the population. During December the Government took significant steps towards improving the media, including the announcement that five private television stations would be granted long sought-after operating licenses by the frequencies committee. The Government restricted freedom of assembly and forcibly dispersed some demonstrations. The Government continued to restrict freedom of association and refused to register some political parties. Opposition political parties have been evicted from their offices, and security officials harassed their members, especially in outlying areas. There were re ... [Read More]

Armenia (04/05)

Like other New Independent States of the former Soviet Union, Armenia's economy suffers from the legacy of a centrally planned economy and the breakdown of former Soviet trading patterns. Soviet investment in and support of Armenian industry has virtually disappeared, so that few major enterprises are still able to function. In addition, the effects of the 1988 earthquake, which killed more than 25,000 people and made 500,000 homeless, are still being felt. Although a cease-fire has held since 1994, the conflict with Azerbaijan over Nagorno-Karabakh has not been resolved. The consequent closure of both the Azerbaijani and Turkish borders has devastated the economy, because of Armenia's dependence on outside supplies of energy and most raw materials. Land routes through Azerbaijan and Turkey are closed; routes through Georgia and Iran are inadequate or unreliable. In 1992-93, GDP fell nearly 60% from its 1989 level. The national currency, the dram, suffered hyperinflation for the first ... [Read More]

Azerbaijan

Azerbaijan continued to affirm its commitment to an economic transition from central planning to a free market; however, reforms stagnated in practice. Economic growth has been spurred by substantial foreign investment in the hydrocarbon sector, but it is offset by widespread corruption and patronage. While government statistics pointed to continued economic growth during the year, the real economy continues to be affected by a low level of foreign business activity due largely to low oil prices in 1999, a lack of oil industry infrastructure, widespread corruption and a deteriorating business climate. Consistently high oil prices appear to be reversing that trend. The country has rich petroleum reserves and significant agricultural potential. Oil and oil products are the largest export, followed by cotton and tobacco. Other key industries are chemicals and oil field machinery. The government signed new oil production sharing agreements with foreign oil companies and a group of eight oi ... [Read More]

Meeting With Ambassadors of Georgia, Ukraine, Uzbekistan, Azerbaijan, and Moldova

Deputy Secretary of State Armitage welcomed the Ambassadors and representatives of Georgia, Ukraine, Uzbekistan, Azerbaijan and Moldova (the GUUAM Group) to the Department today to discuss multilateral projects enhancing regional security and encouraging economic development in the region. The Deputy Secretary underscored U.S. interest in and endorsed the progress made on joint U.S.-GUUAM projects in trade, transport, and law enforcement cooperation. He also stressed that these projects have a concrete impact on the economy and on the rule of law in the region. The Deputy Secretary looked forward to a high-level U.S.-GUUAM meeting next year to cement these projects and the future of this dynamic and important regional organization. ... [Read More]

Azerbaijan

According to the Government, the amendments proposed in the referendum were designed to address a number of suggestions by the Council of Europe to democratize the country's political system--although the Government did not consult with the Council of Europe on the content of the referendum. Some of the amendments, such as the requirement that the President be elected by 50 percent plus one (rather than a two-thirds majority), could contribute to bringing the Government's practice into conformity with international standards and enhance democratization. However, two amendments were seriously criticized. One of the amendments proposed eliminating the proportional representation system required for 25 of the 125 seats in the Milli Majlis. NGOs and other groups alleged that this amendment could threaten opposition representation in Milli Majlis altogether. Another controversial amendment replaced the Chairman of the Milli Majlis with the Prime Minister in the line of successi ... [Read More]

Azerbaijan

During the year, a total of three POWs were released, one from Azerbaijan and two from Armenia.The law prohibits forced exile, and the Government did not employ it. e. Denial of a Fair and Public Trial The Constitution provides for an independent judiciary; however, in practice, judges did not function independently of the executive branch, and the judiciary was widely believed to be corrupt and inefficient. Judges preside over and direct trials. The President appoints Supreme and Constitutional Court judges, whom Parliament confirms. The President appoints lower-level judges without confirmation. Qualifying exams for judges were administered periodically as part of a judicial reform effort; however, credible allegations persisted that judgeships were bought and sold. Low salaries for judges and lawyers increased the incentives for bribe taking and ... [Read More]

Azerbaijan

U.S. Department of State [Read More]

Azerbaijan (10/04)

More than 30,000 people were killed in the fighting from 1992 to 1994. In May 1992, Armenian and Karabakhi forces seized Susha (the historical, Azerbaijani-populated capital of Nagorno-Karabakh ) and Lachin (thereby linking Nagorno-Karabakh to Armenia). By October 1993, Armenian and Karabakhi forces had succeeded in occupying almost all of Nagorno-Karabakh, Lachin, and large areas in southwestern Azerbaijan. As Armenian and Karabakhi forces advanced, hundreds of thousands of Azerbaijani refugees fled to other parts of Azerbaijan. In 1993, the UN Security Council adopted resolutions calling for the cessation of hostilities, unimpeded access for international humanitarian relief efforts, and the eventual deployment of a peacekeeping force in the region. The UN also called for immediate withdrawal of all ethnic Armenian forces from the occupied territories of Azerbaijan. Fighting continued, however, until May 1994 when Russia brokered a cease-fire. ... [Read More]


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