Azerbaycan Nisan 2013
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The State Oil Fund of the Republic of Azerbaijan Annual Report 2015 Content
THE STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN ANNUAL REPORT 2015 CONTENT 1. ABOUT SOFAZ 2 2. FACTS AT GLANCE 6 3. GOVERNANCE AND TRANSPARENCY 8 3.1. SOFAZ management 8 3.2. Transparency and accountability 14 4. NATIONAL ECONOMY AND SOFAZ 18 4.1. Macroeconomic development 18 4.2. SOFAZ Revenues 25 4.3. SOFAZ Expenditures 30 5. INVESTMENT REPORT 38 5.1. Investment Strategy 38 5.2. SOFAZ Investment portfolio 43 5.3. SOFAZ Investment 65 portfolio performance 5.4. Risk management 69 6. 2015 SOFAZ BUDGET EXECUTION 72 7. CONSOLIDATED FINANCIAL 78 STATEMENTS OF SOFAZ APPENDIX 155 THE STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN 01 ABOUT SOFAZ Objectives Legal framework for operating expenditures, are incorporated as part of an annual consolidated government budget presented SOFAZ’s activity is directed SOFAZ’s operations are to the Parliament for approval. to the achievement of the guided by the Constitution Thus, indirectly, all citizens following objectives: and laws of the Republic participate in the discussions of Azerbaijan, Presidential of the budget of SOFAZ. In decrees and resolutions, The State Oil Fund of the 1. Supporting macroeconomic compliance with this law, SOFAZ Statute and the Fund’s stability, participating in SOFAZ can only execute the regulations. ensuring fiscal-tax discipline expenditures envisaged by its Republic of Azerbaijan (SOFAZ) and decreasing dependence budget. on oil revenues while SOFAZ’s funding and stimulating development of withdrawal rules are clearly SOFAZ’s investment and was established in accordance the non-oil sector; defined by the “Statute risk management policies of State Oil Fund of the are defined by “Investment Republic of Azerbaijan” and Guidelines” and “Investment 2. -
Hinter Der Glitzernden Fassade: Über Die Macht Der Informalität in Der Kaukasusrepublik Aserbaidschan Safiyev, Rail
www.ssoar.info Hinter der glitzernden Fassade: Über die Macht der Informalität in der Kaukasusrepublik Aserbaidschan Safiyev, Rail Veröffentlichungsversion / Published Version Monographie / monograph Zur Verfügung gestellt in Kooperation mit / provided in cooperation with: transcript Verlag Empfohlene Zitierung / Suggested Citation: Safiyev, R. (2018). Hinter der glitzernden Fassade: Über die Macht der Informalität in der Kaukasusrepublik Aserbaidschan. (Edition Politik, 56). Bielefeld: transcript Verlag. https://doi.org/10.14361/9783839442234 Nutzungsbedingungen: Terms of use: Dieser Text wird unter einer CC BY-NC-ND Lizenz This document is made available under a CC BY-NC-ND Licence (Namensnennung-Nicht-kommerziell-Keine Bearbeitung) zur (Attribution-Non Comercial-NoDerivatives). For more Information Verfügung gestellt. Nähere Auskünfte zu den CC-Lizenzen finden see: Sie hier: https://creativecommons.org/licenses/by-nc-nd/4.0 https://creativecommons.org/licenses/by-nc-nd/4.0/deed.de Diese Version ist zitierbar unter / This version is citable under: https://nbn-resolving.org/urn:nbn:de:0168-ssoar-70049-1 Rail Safiyev Hinter der glitzernden Fassade Edition Politik | Band 56 Rail Safiyev, geb. 1981, lehrt als Gastprofessor an der Fakultät der Vergleichen- den Politikwissenschaft an der Universität Bergen in Norwegen. Der Politik- wissenschaftler promovierte an der Freien Universität Berlin, forschte am Ins- titut für Iranistik der Österreichischen Akademie der Wissenschaften und hatte Lehraufträge an der Friedrich-Schiller-Universität Jena und an der FH des bfi Wien, wo er zu Themen Korruption und informale Herrschaftskultur im Kau- kasus lehrte. Rail Safiyev Hinter der glitzernden Fassade Über die Macht der Informalität in der Kaukasusrepublik Aserbaidschan Zugl.: Berlin, Freie Universität, Diss., 2017 Dieses Werk ist lizenziert unter der Creative Commons Attribution-NonCom- mercial-NoDerivs 4.0 Lizenz (BY-NC-ND). -
Turkic Council Monthly News Bulletin – May – June 2012 Prepared by Turkic Council Secretariat
TURKIC COUNCIL MONTHLY NEWS BULLETIN – MAY – JUNE 2012 PREPARED BY TURKIC COUNCIL SECRETARIAT Azerbaijan “No one favors current status-quo in Nagorno-Karabakh conflict” May 16 (AzerTAc). No one favored the current status-quo in Nagorno- Karabakh conflict, the chairperson of US House of Representatives Committee on Foreign Affairs Ileana Ros-Lehtinen said. Ros-Lehtinen underlined that Azerbaijan`s role is increasing in exploration, development and transportation of energy resources. She welcomed diversification of energy transportation, and stressed that Baku-Tbilisi-Ceyhan pipeline has become a main transportation route which supplies the world with fuel. “It creates opportunity for the country to diversify the energy sources and our allies to avoid some dependence. New routes such as Nabucco will contribute to increase the strategic importance of Azerbaijan”, Ros- Lehtinen stated. Ros-Lehtinen pointed out importance of expansion of economic and trade ties between the countries, and said that the third meeting within the framework of the US-Azerbaijan partnership held in Washington brought new initiatives to civil aviation. The Committee chairperson described Azerbaijan as a `significant` partner of the US in the fight against force and extremism, and highlighted that there is a close cooperation between the US and Azerbaijan not only in the fields of prevention of terrorist attacks, but also proliferation of biological and nuclear weapons. “We are satisfied particularly with the exercises conducted for the security of the Caspian Sea”. Ros-Lehtinen also expressed concern over the incidents occurred in the border areas with Nagorno- Karabakh. “Two Azerbaijani soldiers were killed tragically in the shooting. Use of force remains this prolonged conflict unsettled”, added Ros-Lehtinen. -
Oil Wealth Has Been a Mixed Blessing the Country Stands Ested in Making Economic Suc- Exchange Rate
AZERBAIJAN FINANCIAL TIMES SPECIAL REPORT | Friday January 25 2008 www.ft.com/azerbaijan2008 Oil wealth has been a mixed blessing The country stands ested in making economic suc- exchange rate. We will manage it cess Ð not just in oil Ð the back- well and invest it, so there is at a crossroads, ground for his election victory”. long-term economic growth.” report Leyla Boulton Western diplomats and local Greater wealth, however, officials say that Mr Aliyev, who weakens incentives for an and Isabel Gorst succeeded his late father, Hey- authoritarian regime to liberalise dar, a former Soviet politburo the economy and society, in zerbaijan, the newest member, in 2003, understands the sharp contrast with Azerbaijan’s supplier of oil and gas to dangers of oil wealth. poorer neighbour, Georgia. Europe, faces an historic The question is whether this “The crucial difference is that choice. It either escapes former deputy head of Socar, the Georgia doesn’t have Azerbai- Aor succumbs to the “oil curse”, national oil company, can act on jan’s money,” says the senior the combination of corrupt gov- the lessons of the past. western diplomat. ernment and lopsided economic “The good news is that the “With this money the Azerbai- development that afflicts many president understands the histor- janis have become more confi- oil producers. ical lessons, but intention is one dent. They have a much stronger This year is decisive, because state, and they have the means what is already the world’s fast- to buy off critics who are sound- est-growing economy expects a Wealth weakens the ing early warnings. -
Arif Yunusov
Arif Yunusov Azerbaijan in the early of XXI Century: Conflicts and Potential Threats Baku - 2007 INSTITUTE OF PEACE AND DEMOCRACY ARIF YUNUSOV AZERBAIJAN IN THE EARLY OF XXI CENTURY: CONFLICTS AND POTENTIAL THREATS Baku – 2007 The publication is implemented by the Institute of Peace and Democracy owing to the financial support of the Friedrich Ebert Foundation. The publication expresses the author’s private opinion. Friedrich Ebert Foundation does not bear responsibility for the contents of the text. Editor: Dr. Rauf Huseynov, professor of Historical Sciences, (National Academy of Sciences of Azerbaijan) Translation: Aydin Mamedov Editor of translation: Evan Thomas - a graduate of the Russian Studies department at Dalhousie University, Halifax, Canada Technical editor: Javanshir Huseynov Designer: Toghrul Aghababayev Yunusov A. S. Azerbaijan in early XXI Century: Conflicts and Potential Threats. – Baku: “ADILOGLU”, 2007. - 256 p. Based on many years field studies, mass media monitoring, and a sociological survey, the author’s monograph touches upon all conflict situations and challenges Azerbaijan has come across in the post-Soviet era. At the same time, the author has conducted an analysis of potential threats that Azerbaijan may encounter within the foreseeable future. Emphasis has been placed on the issue of Karabakh conflict, as well as Azerbaijan’s relationships with Russia, Iran, the USA and other western nations. A significant portion is focused on the country’s internal problems – the role of political Islam, international relations, and political system. This book for those who take an interest in the developments of contemporary Azerbaijan and future outlooks for progress of the region. ISBN 978-9852-80-52-3-9 Kod: 121 CONTENTS Introduction …………………………………………………………4 Part I. -
Fenno-Soviet Relations During the Cold War Autio-Sarasmo, Sari
https://helda.helsinki.fi A Nation Flat on its Face? - Fenno-Soviet Relations During the Cold War Autio-Sarasmo, Sari Parliament of Finland, Committee for the Future 2014-11-26 Autio-Sarasmo , S 2014 , A Nation Flat on its Face? - Fenno-Soviet Relations During the Cold War . Publication of the Committee for the Future , no. 9/2014 , Parliament of Finland, Committee for the Future , Helsinki . http://hdl.handle.net/10138/152773 Downloaded from Helda, University of Helsinki institutional repository. This is an electronic reprint of the original article. This reprint may differ from the original in pagination and typographic detail. Please cite the original version. publication of the committee for the future 9/2014 russia as neighbour a russia as a neighbour 9 isbn 978-951-53-3575-3 (paperback) • isbn 978-951-53-3576-0 (pdf) /2014 issn 2342-6594 (printed) • issn 2342-6608 (web) russia as a neighbour Ed. Hanna Smith publication of the committee for the future 9/2014 Back cover: Part of the Artwork Tulevaisuus, Väinö Aaltonen (1932), photo Vesa Lindqvist. Committee for the Future FI-00102 Parliament of Finland www.parliament.fi Helsinki 2014 ISBN 978-951-53-3575-3 (paperback) ISBN 978-951-53-3576-0 (PDF) ISSN 2342-6594 (printed) ISSN 2342-6608 (web) Contents Russia, quo vadis? ..................................................................................................................................................... 3 Foreword ..................................................................................................................................................................... -
Issn 1818-4898 Azярбайcан Республикасы Хариcи Ишляр Назирлийинин Jурналы
ISSN 1818-4898 AZЯРБАЙCАН РЕСПУБЛИКАСЫ ХАРИCИ ИШЛЯР НАЗИРЛИЙИНИН JУРНАЛЫ JOURNAL OF THE MINISTRY OF FOREIGN AFFAIRS OF THE REPUBLIC OF AZERBAIJAN world of diplomacy 1 5 / 2 0 0 6 Xaриcи Ишляр Назирляринин Ислам Конфрансынын 33-cц Sессийасы 33rd SESION OF THE ISLAMIC CONFERENCE OF FOREIGN MINISTERS AZЯРБАЙCАН РЕСПУБЛИКАСЫ ХАРИCИ ИШЛЯР НАЗИРЛИЙИНИН JУРНАЛЫ JOURNAL OF THE MINISTRY OF FOREIGN AFFAIRS OF THE REPUBLIC OF AZERBAIJAN DИPLOMATИYA ALЯМИ WORLD OF DIPLOMACY DИPLOMATИYA ALЯМИ WORLD OF DIPLOMACY JOURNAL OF THE MINISTRY OF FOREIGN AFFAIRS OF THE REPUBLIC OF AZERBAIJAN ‹ 15, 2006 EDITORIAL COUNCIL Elmar Mammadyarov Minister of Foreign Affairs (Chairman of the Editorial Council) Novruz Mammadov, Head of the Foreign Relations Division, Office of the President of the Republic of Azerbaijan Araz Azimov, Deputy Minister of Foreing Affairs Khalaf Khalafov, Deputy Minister of Foreign Affairs Mahmud Mammad-Guliyev, Deputy Minister of Foreign Affairs Hafiz Pashayev, Deputy Minister of Foreign Affairs Vaqif Sadiqov, Deputy Minister of Foreign Affairs Tofig Musayev, Director of the Foreign Policy Planning and Strategic Studies Department, Editorial Board team leader, Ministry of Foreign Affairs of the Republic of Azerbaijan Tahir Taghizadeh, Director of the Press and Information Policy Department, Ministry of Foreign Affairs of the Republic of Azerbaijan EDITORIAL BOARD Javid Nasirov, Attach of the Foreign Policy Planning and Strategic Studies Department é Nurlan Aliyev, Attach of the Foreign Policy Planning and Strategic Studies Department é Kamila Mammadova, Attach of the Foreign Policy Planning and Strategic Studies Department é © All rights reserved. The views expressed in articles are the responsibility of the authors and should not be construed as representing the views of the journal. -
Analysis and Perspectives of Tourism in Azerbaijan
Master’s Degree programme – Second Cycle (D.M. 270/2004) in International Relations Final Thesis Analysis and Perspectives of Tourism in Azerbaijan Supervisor Prof. Aldo Ferrari Co-Supervisor Carlo Frappi Graduand Francesco Ricapito Matriculation Number 832916 Academic Year 2014 / 2015 1 INDEX Acknowledgements 5 Introduction 7 1. Chapter one: What is tourism and how it is considered on an international level 11 1.1: A short history of tourism 11 1.2: The origin of the term tourism 17 1.3: The academic definition of tourism 18 1.4: The international definition of tourism 21 1.5: The history, the role and the purpose of the UNWTO 24 1.6: The main numbers of today’s tourism 29 2. Chapter two: The main facts about Azerbaijan 35 2.1: A geographical description 35 2.2: Population and languages 38 2.3: A short history of Azerbaijan 41 2.4: From the Nagorno-Karabakh was until today 45 2.5: Azerbaijan’s economic situation 48 2.6: Azerbaijan today 51 3. Chapter three: Tourism in Azerbaijan 57 3.1: A short history of tourism in Azerbaijan 57 3.2: The numbers of tourism in Azerbaijan 59 3.3: Tourism and the Azerbaijani Government 68 2 3.4: The main critical points 72 3.5: Temporary conclusions on the phenomenon of tourism in Azerbaijan 79 4. Chapter four: The main tourism guides about Azerbaijan 81 4.1: On the tourism guides about Azerbaijan 81 4.2: Georgia Armenia & Azerbaijan 81 4.3: Azerbaijan, with and excursion to Georgia 84 4.4: Baku & the best of Azerbaijan 87 4.5: Other two examples of guides in English 89 4.6: The case of the German guide 90 5. -
AZERBAIJAN in the WORLD ADA Biweekly Newsletter
AZERBAIJAN IN THE WORLD ADA Biweekly Newsletter Vol. 3, No. 9 May 1, 2010 [email protected] In this issue: -- Dobroslawa Wiktor-Mach, “Religious Pluralism among Muslims in Azerbaijan” -- Anar Gafarov, “The Azerbaijani Model of Religious Freedom” -- Paul Goble, “An Event of ‘Both Symbolic and Practical’ Importance: The Baku Summit of World Religious Leaders” -- A Chronology of Azerbaijan’s Foreign Policy -- Note to Readers ***** RELIGIOUS PLURALISM AMONG MUSLIMS IN AZERBAIJAN Dobroslawa Wiktor-Mach Jagiellonian University Cracow, Poland Many writers now talk about “the globalization of pluralism,” but most of the time they are talking about political diversity than religious (Berger 2006). One reason for that is that religious pluralism poses special challenges not only for the state and society, but also for particular religions and believers. Many of them are now struggling in various countries to come to terms with other kinds of pluralism, an especially difficult challenge given that religious communities are especially sensitive to both in-group and out-group distinctions, such as proper versus improper, saved versus unsaved, and the like (Davidson and Pyle 1998). 1 Religious pluralism also presents challenges to outside observers, who—tending to make simple generalizations about religions—often lack the expertise of internal divisions within other faiths. That is far from a purely theoretical problem, because affiliation with a particular group within a faith can have a significant impact on social and political choices. Until the end of the Soviet Union, contacts between Muslim groups in the USSR and their co-religionists abroad were limited. But one aspect of Soviet-era Islam continues to inform those contacts. -
Ilham Aliyev: Political Portrait Dr
Ilham Aliyev: Political portrait Dr. Benyamin Poghosyan, Chairman, Center for Political and Economic Strategic Studies Background President of Azerbaijan Ilham Aliyev has been the leader of Azerbaijan for the last 17 years. He inherited his power from his father late President Heydar Aliyev. Heydar Aliyev was a prominent statesman in Soviet Azerbaijan. He was the head of the Soviet Azerbaijan KGB in 1967-1969, and the first secretary of the Azerbaijani Communist party in 1969-1982. During the last decade of the Soviet Union Heydar Aliyev was the member of the influential Political Bureau of the Soviet Union’s Communist Party Central Committee and the Vice Prime Minister of the Soviet Union in 1982-1987. Heydar Aliyev returned to the leadership role in Azerbaijan in summer 1993, when the military coup ousted from the power pro-Turkish Azerbaijani President Abulfaz Elchibey, and was elected President of Azerbaijan in October 1993. After the ceasefire agreement signed between Armenia, Azerbaijan and Nagorno Karabakh Republic in May 1994, Heydar Aliyev paid significant attention to the development of the oil sector of Azerbaijan and signed the “The Contract of Century” with Western oil companies in September 19941. Meanwhile, Ilham Aliyev graduated from the Moscow State Institute of International Relations (MGIMO) in 1982 and defended his Ph.D. thesis there in 1985. Ilham Aliyev lectured in MGIMO for several years, then started a business career and left for Istanbul in 1992. Ilham Aliyev returned to Azerbaijan in late 1993. He was the Vice President, then the first Vice President of the State oil company of Azerbaijan (SOCAR), and was elected as a member of the Azerbaijani Parliament in 1995 and 2000. -
Fifth Summit of the Turkic Council: a Rising Actor In
www.sam.gov.tr FIFTH SUMMIT OF THE www.turkkon.org TURKIC COUNCIL: @sam_mfa A RISING ACTOR @TurkicCouncil IN REGIONAL COOPERATION IN EURASIA Fifth Summit of the Turkic Council Table of Contents The Turkic Council: A Strong Regional Mechanism to 1 Enhance Cooperation in Eurasia Ramil Hasanov, Secretary General, Turkic Council The Turkic Council: A Rising Actor in Regional 5 Cooperation in Eurasia Elmar Mammadyarov, Foreign Minister, the Republic of Azerbaijan The Perspective of the Kyrgyz Republic for Regional 9 Cooperation Within the Turkic Council Erlan Abdyldaev, Foreign Minister, the Kyrgyz Republic The Turkic Council: Engine of Turkic Integration 11 Erlan Idrissov, Foreign Minister, Republic of Kazakhstan Fulfilling the Promise of the Turkic World: 15 Celebrating the Past While Looking to the Future Feridun H. Sinirlioğlu, Foreign Minister, the Republic of Turkey TURKSOY: The Global Actor of Cultural 19 Cooperation in the Turkic World Prof. Dusen Kaseinov, Secretary General, TURKSOY TurkPa: The Parliamentary Dimension of 25 Cooperation Among Turkic Countries Jandos Asanov, Secretary General, TurkPA International Turkic Academy: A New Platform for 29 Intellectual Cooperation in Eurasia Prof. Darkhan Kydyrali, President, International Turkic Academy Table of Contents Cooperation Between Turkic Speaking Countries as One of 35 the Factors Strengthening Unity of the Turkic World Gunay Afandiyeva, President, Turkic Culture and Heritage Foundation Establishment of the Turkic Council Think Tanks Network: 39 A Major Step Forward Dr. Farhad -
Rəsmi̇ Xroni̇ka
DİPLOMATİYA ALƏMİ WORLD OF DIPLOMACY JOURNAL OF THE MINISTRY OF FOREIGN AFFAIRS OF REPUBLIC OF AZERBAIJAN № 40, 2015 EDITORIAL COUNCIL Elmar MAMMADYAROV Minister of Foreign Affairs (Chairman of the Editorial Council) Novruz MAMMADOV Deputy Head of the Administration of the President of the Republic of Azerbaijan, Head of the Foreign Relations Department, Administration of the President of the Republic of Azerbaijan Araz AZIMOV Deputy Minister of Foreign Affairs Khalaf KHALAFOV Deputy Minister of Foreign Affairs Mahmud MAMMAD-GULIYEV Deputy Minister of Foreign Affairs Hafiz PASHAYEV Deputy Minister of Foreign Affairs Nadir HUSSEINOV Deputy Minister of Foreign Affairs Elman AGAYEV Director of Analysis and Strategic Studies Department EDITORIAL BOARD Hussein HUSSEINOV Department of Anaysis and Strategic Studies Nurlan ALIYEV Department of Anaysis and Strategic Studies Samir GULIYEV Department of Anaysis and Strategic Studies Elmar BAGHIROV Department of Anaysis and Strategic Studies Samir SULTANSOY Department of Anaysis and Strategic Studies © All rights reserved. The views expressed in articles are the responsibility of the authors and should not be construed as representing the views of the journal. “World of Diplomacy” journal is published since 2002. Registration № 1161, 14 January 2005 ISSN: 1818-4898 Postal address: Analysis and Strategic Studies Department, Ministry of Foreign Affairs, Sh.Gurbanov Str. 50, Baku AZ 1009 Tel.: 596-91-03; 596-93-31 e-mail: [email protected] MÜNDƏRİCAT - CONTENTS - СОДЕРЖАНИЕ RƏSMİ XRONİKA - OFFICIAL CHRONICLE - ОФИЦИАЛЬНАЯ ХРОНИКА Diplomatic activity of the President of the Republic of Azerbaijan, H.E. Mr. I.Aliyev in the second semester of 2015 ………..…………………………… 4 President of the Republic of Azerbaijan Ilham Aliyev attended the opening of the 12th session of ISESCO General Conference ………..…....…………………..