Today.Az Covering Azerbaijan inside and outside Today.Az Chinese oil sector servicing company registered in Azerbaijan Business Wed, 07 Oct 2015 19:58:00 +0500 China Petroleum Technology and Development Corporation has been registered in Azerbaijan.The company renders services in the supply of oil and gas hardware and materials.The Vergiler newspaper of Azerbaijani Taxes Ministry said Oct. 7 that the company passed the registration through the ministry’s “single window” system on Sept. 23.The company’s registered address in Azerbaijan is: 88 Nasibbey Yusifbeyli Street, Nasimi District, Baku, Azerbaijan.China Petroleum Technology and Development Corporation was created in 1987 and is a subsidiary of the China National Petroleum Corporation. /By Trend/ Iran’s anti-Saudi remarks not related to regional development World news Wed, 07 Oct 2015 19:30:00 +0500 A political expert says recent anti-Saudi statements by Iranian officials concern only the Saudi government’s negligence that caused a stampede tragedy on Sept. 24 and are not related to regional political developments.“After all, some 500 Iranians were killed due to negligence and Iran has to somehow defend their dignity,” Ali Khorram told Trend Oct. 6.After the stampede, which killed hundreds of pilgrims who had gathered in Mecca from across the world to perform the Hajj ritual, Iranian authorities have been directing a heavy barrage of threats at the Saudi Arabia.Supreme Leader Ayatollah Ali Khamenei said following the incident that Saudi Arabia would meet a harsh response if not respecting Iran and the Iranian pilgrims.Riyadh, however, aggravated the situation by first refusing to take responsibility for the case, then refraining from sending the bodies of the dead to their countries or even allowing officials from their countries to visit and identify the bodies.Commander of Iran ’s Army Ground Force highlighted the country’s military preparedness to show a tough and crushing reaction to Saudi Arabia after its mishandling of the incident.Tehran has also called on Islamic countries to take the Hajj out of Saudi hands and hold it through a joint committee from this year on.Khorram, however, pointed out that after Saudi Arabia yielded to heavy demand and sent the bodies to Iran, Tehran ’s indignation subsided.The expert said Saudi’s efforts as a rival to Iran to show a bolder role in regional issues such as developments in Syria and Yemen have had no impact on the Hajj case. “Those are political issues, but this is one would not have happened if it had been handled more properly,” he said./By Trend/ The Daily Caller posts article on Armenia-Azerbaijan conflict Politics Wed, 07 Oct 2015 19:07:00 +0500 U.S.-based The Daily Caller has posted an article on the Armenian-Azerbaijani conflict by Justin Amler, an Australia-based writer and commentator on international issues.Headlined “A Tale Of Two Countries", the article says: “In the shadow of the Murovda? mountain range lies an area of land of which few of us may have heard, yet it forms part of a conflict that has resulted in almost 40,000 people killed and roughly one million refugees – but you didn't hear that on the evening news.”“The area is known as the Nagorno-Karabakh and it lies within borders of the former Soviet republic of Azerbaijan. Nagorno-Karabakh region is recognized by the United Nations, United States, European Union and the other relevant international organizations as part of Azerbaijan, yet it has been occupied by the Armenians for more than 20 years.”Amler says: “From every possible legal standpoint, including a recent ruling by the European Court of Human Rights, the area is considered part of Azerbaijani territory and has been recognized by the United Nations, the U.S. and the European Court. Armenia is therefore considered to be illegally occupying the area. Azerbaijanis assert that Nagorno-Karabakh is part of Azerbaijan and that the issue is a matter of territorial integrity, the basis for modern international law and geopolitics.”/By AzerTac/ Woman with “Perfect Size” Butt Makes a Living Trying on Jeans Weird / Interesting Wed, 07 Oct 2015 18:23:00 +0500 Meet Natasha Wagner, who according to America’s denim industry, has the best perfect size butt. With a height of five feet eight inches and a 28-inch waist, her size 6 figure makes her the most coveted ‘live mannequin’ to create what popular denim brands believe to be the perfect pair of jeans.So for the past 14 years, the 34-year-old fit model has been making a living trying on jeans for big brands like Gap, Lucky Brand, Old Navy, Levi’s, Paige, Vince, and more. Believe it or not, these brands have been making jeans to fit just one person – Natasha!According to Jennifer De Clark, senior director of women’s design and merchandising at 7 For All Mankind, Natasha’s bottom is the perfect average of thin and curvy women. “Natasha’s curves are in all the right places,” she said. “And having perfect proportions is the key to a great jean that will fit many different body types. She is the perfect size 28!”Julien Jarmoune, a designer for Black Orchid, agrees. “Natasha has the perfect marriage of body types,” she explained. “Because if you fit with someone who is too curvy (tiny waist, big butt), or with someone who has a straight body (no hips), you are limiting yourself to just a certain body type. A jean that is fit on a straight body will never look good on someone who has curves. That’s why Natasha comes into play perfectly. She has the best of both worlds where she’s slim and she still has shape. Additionally, she has great legs that are the perfect length (she fits our standard 30-inch leg inseam flawlessly) so that our jeans will work for someone who is short or tall.”Like most other people, Natasha never knew about fit modelling as a profession before she stumbled into it by chance. She happened to model at an agency when she was in college, and they took her measurements because they were curious about her frame. Word got around and six months later, a popular denim brand called her in for a fitting. There was no looking back after that.“I kind of felt like I had won the lottery with my measurements because they were exactly what these companies were requesting,” she said. Today, Natasha owns a fit modelling agency of her own, aptly named ‘In Demand’.According to an article in Vogue, “Wagner has completely flipped the idea of ‘being average’ on its head.” It states that while the fashion industry is obsessed with the perfect hair, body, and style, “her 28-inch waist is celebrated for the fact that it sits squarely in the middle of the industry’s standard jean-size range, which usually starts at a 24 and ends at a 32.”“If you fit jeans on a very small size, a size 24, the model is going to be very thin and not have a lot of butt and not give the pattern any shape, which would flatten the bottom of a size 32 customer,” Natasha revealed. “So if you start in the middle, my size, it means the jeans will fit almost anyone in that range.”Having tried on jeans for nearly a decade and a half, Natasha is now an expert of sorts on denim fits, measurements, specs, and other details. So apart from trying on jeans, she also helps designers out with her expertise. “She has a complete understanding of what makes a jean fit,” said Re/Done co-founder Sean Barron.“What sets Natasha apart is her know-how,” agreed Citizens of Humanity founder Jerome Dahan. “We can work together to create fits.”And according to Paige Denim founder Paige Adams-Geller, Natasha has “the perfect balance of chiming in when necessary to give her opinion on a style or silhouette and standing back enough to let our design team do the job.”Natasha, who herself owns over 100 pairs of jeans, said that a great diet and regular exercise have helped her maintain her size 6 form over the years. “I’m definitely thin but curvy,” she said. “Some of my clients have said I have all the curves in the right places. I think it’s perfectly imperfect. It’s perfect for what I do for my job.”/By Oddity Central/ Lisabon to feature Tahir Salahov's works Arts & Entertainment Wed, 07 Oct 2015 17:53:00 +0500 /By AzerNews/By Amina NazarliThe works of the famous Azerbaijani artist, Tahir Salahov will be exhibited at the “Traditions and Modernity” international art festival in Lisbon, Portugal with the support of the Azerbaijani Culture and Tourism Ministry.The exhibition to be held from October 8 to 17 will bring together artists from more than 40 counties and 30 regions of Russia.Organized by the Moscow Social Foundation of culture's support and modern art's development, the event has been carried out since 2007.Until 2014 the festival was held in Moscow, and since then it takes place in Lisbon.Earlier in 2009, Azerbaijan was represented at the event by honored artist Farman Gulamov, in 2011 by honored artist Sakit Mammadov, in 2012 by Rashad Mehtiyev and Maryam Alakbarli in 2013 by Namig Mammadov and in 2014 by a group of artists headed by Tahir Salahov and Sakit Mammadov.One of the most prominent representatives of the Azerbaijani art, -- Tahir Salahov -- is the vice-president and honorary president of the International Association of Plastic Arts of UNESCO, the vice-president of the Russian Academy of Arts, People's Artist of the USSR, Azerbaijan and Russia, and is the winner of a number of high awards, including the State Prize of the USSR and Azerbaijan.The artist became one of the leading representatives of the so-called "severe style", a trend in Soviet art of the 1960s that aimed to set off a hard, publicist, and realist view against the ceremonial "polished reality" of the Joseph Stalin era.Salahov's early works showed the life and work of the Baku oil workers and portraits of famous composers, using contrasting red, black, light and dark-grey shades.Later, his paintings became more peaceful and lyrically contemplative, lines became smoother and more melodious, and the palette more sophisticated.Currently, Salahov lives in Moscow and holding classes. He also has a studio at the Moscow Art Institute. Iran OKs electricity exports for foreign companies World news Wed, 07 Oct 2015 17:40:00 +0500 /By AzerNews/By Sara RajabovaThe Iranian government, for the first time, is permitting foreign companies to export surplus electricity generated in the country.Deputy Minister of Energy of Iran Alireza Daemi said Germany, Italy and South Korea have expressed interest in the construction of power plants in Iran, Mehr news agency reported.Major South Korean companies began fresh talks for cooperation with Iran’s power generation industries.German and Italian companies have also indicated their interest to build power plants in Iran, including renewable energy facilities.Daemi said representatives of South Korean companies met with representatives of Iran’senergy ministry on October 6 in Tehran, adding that they would be permitted to export some of the electricity produced to neighboring countries.The executives of Hyundai and Daewoo engineering and construction companies and other private builders such as Daelim Industrial Company visited Tehran last month along with the South Korean Minister of Land, Infrastructure and Transport Yoo Il-ho.Daemi added that an agreement on the implementation of joint projects in the country was also reached with South Korean companies.He went on to say that at the moment, 80 projects are being carried out around the world together with the Iranian companies, and the implementation of new joint projects with South Korea will be beneficial to both sides – as Iran has great potential in the field of wind and solar energy, while the South Korea has advanced technologies and expertise in this area.Iran and Germany also signed a contract for the construction of a wind farm and two photovoltaic power plants in Arvand Free Trade Zone in southwest Iran.Deputy Energy Minister Houshang Falahatian said then the deal was in line with Iran’s bid to add up to 37,000 megawatts to its national power grid.Italy’s Fata, the engineering unit of the country’s leading industrial group Finmeccanica, also signed a 500 million euro ($543 million) contract with Ghadir Investment Company to build a power plant in Iran.Iran is the biggest producer of electricity in the Middle East, generating over 70,000 megawatt-hours. National artist's "Pomegranate" travels to New York Arts & Entertainment Wed, 07 Oct 2015 17:28:00 +0500 /By AzerNews/By Amina NazarliThe picture entitled “Pomegranate” by Azerbaijani artist Vugar Muradov will be featured at the "International Art Festival 2015" exhibition.The event which is the first in a series of curated art exhibitions will be held in New York’s Highline Loft Gallery from November 5 to 8.Many outstanding artists and art galleries from more than 50 countries will put their artworks on display.During the past four years, International Art Festival, has sponsored annual competitions and sales exhibitions of work by leading figures among emerging contemporary artists.The events took place at venues in prime New York City and New York area locations, and generated a warm response and great excitement among trend-setting members of the New York community who support and patronize contemporary artists.Muradov was born in Baku in 1967. He graduated from the Azim Azimzade State Art School in 1986. He is a member of the Artists Union, Caricaturists Union and the Azerbaijan Photographers Association.His pictures are well known not only in Azerbaijan, but far beyond its borders. He participated at the international exhibitions in Russia, the U.S., Turkey, Italy, France, Germany, Denmark, Belgium, Luxemburg, Iran and etc.Muradov’s pictures are exhibited at Solomon R. Guggenheim Museum in Washington, MoMA The Museum of Modern Art, Central and Eastern European Art Foundation and others. Azerbaijan, Iran intend to launch new cargo route Business Wed, 07 Oct 2015 17:16:00 +0500 /By AzerNews/By Sara RajabovaAzerbaijani-Iranian working group on the analysis of the current situation and the coordination of positions on the North-South railway project will consider the option of a new route of freight traffic within the project.Abbas Nazari, the head of the international transport department of Iranian State Railway, toldTrend that discussions on a new cargo route will be one of the important tasks of the working group.“Currently a railway from the Persian Gulf to the port of Amirabad on the Caspian Sea operates in Iran. Trains will be put across on the ferry to the Baku port from there and then they will be sent to Russia and Georgia again by railway,” the Iranian official said.He noted that this route was agreed at the level of heads of railways of Iran and Azerbaijan.“The Working group should discuss and analyze technical issues in the implementation of such a route. Every year, over 4,000 trucks run between Azerbaijan and Iran and the opening of this corridor will turn Azerbaijan and Iran to important transit countries for Russia, Georgia, the Gulf States and India,” Nazari said.The North-South railway project connects northern Europe to the south-east Asia. It will serve as a bridge connecting the railways of Iran, Azerbaijan and Russia.This project involves the construction of border railway bridge between Iranian and Azerbaijani Astara and laying of branches stretching eight kilometers through the Azerbaijani territory.Under the preliminary estimates, railway’s carrying capacity will make 1.4 million passengers and five to seven million tonnes of cargo a year. Throughout the railway will be constructed 22 tunnels and 15 bridges. State revenues in Armenia vanishing World news Wed, 07 Oct 2015 16:53:00 +0500 /By AzerNews/By Laman SadigovaState revenues in Armenia continue to decline, driven by the dynamics of internal volume of trade in the country.The domestic turnover decreased by 5.4 percent in January-August 2015 compared to the same period of last year, according to the National Statistical Service.The decline in the domestic trade began in January 2015, when the Armenian economy showed the first signs of recession. It mostly affected retail trade, falling roughly 6.8 percent, amounting to about 828.6 billion drams.A decrease in the solvency of the population is also evidenced by imports, which show a clear downward trend from the beginning of the year. According to the NSS, the volume of imports to Armenia in January-August amounted to about $ 20,741 million, less than 26.3 percent compared to the same period in 2014.This situation is caused by the deterioration of the economy in the country, mainly due to internal instability and external crises.Experts are pessimistic about the solvency problem facing the population and not see any growth in the economy. According to economist Artak Manukyan, the economic situation will not change for the better till the end of 2015.Local press reports that a future devaluation is predicted to bring the currency to 600 drams to the dollar. One of the reasons for such drastic declines is a result of the economic situation in Russia, which remains one of Armenia’s major trading partners.The situation is also getting worse because of the blockade from neighboring countries that Armenia created by occupying 20 percent of Azerbaijan’s internationally recognized territories. By spending large amounts of money on military needs, this post-Soviet country completely destroyed its already weak economy. Baku gears up to host cycle race Sports Wed, 07 Oct 2015 16:40:00 +0500 /By AzerNews/By Amina NazarliBaku is going to host an interesting event -- “Get to know yourself and world on two wheels” cycle race scheduled for October 11.The cycle race will start at 8:30 from the Flag Square and run along the number of attractions, including the State Historical-Architectural Reserve "Icherisheher", and finis at 11:00 at the Baku Boulevard Hotel.Organized by the DAIR Azerbaijan Hotels and Restaurants Association, “CycleMania” cycling movement and the “Baku Guide”, the race is aimed to support and promote cycling in particular tourism cycling, as an indicator of a healthy and active lifestyle, as well as to explore the historical and architectural monuments and other tourist sites of the city.The organizers urge all to support them in developing the cycling, motivating tourists, providing them with special conditions and service, both for themselves and for the vehicle. “We offer discounts and conditions for parking of bicycles, and even offer bicycles rent,” the organizers said.The event will only start a large-scale project that will take place in regions of the country.The Azerbaijan Cycling Federation, ?ntourist Hotel Baku, and the Baku Boulevard Hotel are the partners of the cycle race.Trend,,,, and are media partners of the event. "Telescope" to be performed on Baku’s stage Arts & Entertainment Wed, 07 Oct 2015 16:37:00 +0500 /By AzerNews/By Laman SadigovaThe "Telescope" based on the play of writer Elchin staged by People's Artist Irana Tagizade will be performed on the stage of Azerbaijan State Russian Drama Theatre on October 8.The hero of the story is a man who has a clinical death during which he appears between heaven and earth, and must decide either back to life, or to disappear in the eternity.His first wife became his guide, a guardian angel, in the afterlife, helping to adapt to the new environment.She tells him about the telescope, with which he learns whether his relatives and friends remember him. It turns out that the whole life of the man has been a self-deception, illusion of prosperity and happiness. He is amazed by hypocrisy and pettiness of the people he knew and loved.Such artists as Azerbaijani people's artist Yuri Baliev, Alexander Nikishin, honored artists Salman Bayramov, Natalia Baliyeva, Fuad Osmanov, and actors of theater Natavan Hajiyeva, Teymur Ragimov, Inna Imranova, Elshad Murtuzov, Milana Mardahanova, Farida Nesterenko, Bella Safina, Maria Dubovitskaya, Yaroslav Trifonov, Yegana Huseynli and Maya Vorobzhanskaya are performing in the play. Kuwaiti businessmen eye Azerbaijan's market Business Wed, 07 Oct 2015 16:25:00 +0500 /By AzerNews/By Amina NazarliKuwaiti businessmen are interested in cooperation with Azerbaijan.Kuwaiti Ambassador Saud Abdulaziz Mohammad Al Shamlanom al Roumi made the remark in a meeting with Head of the Azerbaijani State Migration Service Firudin Nabiyev in Baku on October 6.He praised the inter-governmental agreement abolishing visa requirements for diplomats and persons with special passports signed during the first session of the Kuwaiti-Azerbaijani intergovernmental commission on cooperation in 2011.Roumi also reminded about an aviation agreement signed between the two countries this May and expressed the hope that the flights between Kuwait and Azerbaijan will be carried out in the near future.The agreement is aimed to boost commercial cooperation in between a number of airlines from both countries to facilitate passenger traffic. It also includes the exchange of traffic rights, a number of privileges and opportunities to improve the coordination in civil aviation safety.The sides also exchanged views on further expansion of cooperation in migration and crisis with migrants in Europe.Nabiyev, for his part, informed the participants about the measures on simplifying procedures for legal stay of foreign citizens in the territory of Azerbaijan.He also went on estimating the increase of mutual visits between the two countries.Azerbaijan and Kuwait established diplomatic relations in 1994.Both countries being subject of military occupation and aggression by neighboring countries in the early 90s were primarily engaged in overcoming foreign occupation and managing its dreadful consequences.The Kuwaiti government and charity organizations were among the first ones, which stretched their hand of assistance to Azerbaijan to alleviate humanitarian situation of refugees and internally displaced persons.The country supports the territorial integrity of Azerbaijan.The Azerbaijani embassy in Kuwait opened in late 2004 and the Kuwaiti Embassy in Baku began to function in 2006.Establishment of the Azerbaijani embassy in Kuwait and Kuwait’s embassy in Azerbaijan fostered development of bilateral cooperation between the two countries. Mutually beneficial cooperation between the countries further broadened and deepened encompassing the areas like finance, economy, trade commerce, tourism and investment. Why i would rather date someone who gives me space than attention Weird / Interesting Wed, 07 Oct 2015 16:13:00 +0500 According to the Internet, the way to a girl’s heart is to overwhelm her with attention and affection.The boyfriends and SOs who get praised the most are the ones who send sweet text messages every morning and treat their girlfriends like princesses. What’s more, anyone who doesn’t fit the “perfect boyfriend” mold is often indirectly scolded.Women will joke about getting angry when their boyfriends for taking too long to respond to a text, or if they forget about the anniversary of their third dinner date. But, I tend to think these women aren’tcompletely joking.A lot of people are truly happiest in relationships when they’re shown continual and unfailing TLC, and I understand that to an extent. I mean, there’s nothing wrong with wanting to feel appreciated.However, these kinds of every-waking-moment relationships are a major turn-off for someone like me, who really values independence.Honestly, given the choice between a relationship where I am smothered with attention, and a relationship where my SO gives me space, I’d pick the latter every time. Let me explain why.First of all, people who are extremely forward at the start of a relationship overwhelm me.The way I see it, going from “zero to 100 real quick” is only acceptable in Drake lyrics, not real-life relationships. If I’ve been single for a while, and all of a sudden someone wants to spend every minute with me, it’s pretty off-putting.I’m the type of person who’s actually really comfortable spending time alone, so I don’t need someone breathing down my neck every minute.In fact, I prefer to have a little “me time” now and then. When a SO doesn’t understand that, I start to wonder if he’s comfortable with himself.If someone needs me in his life 24/7 in order to feel important or validated, then he’s not the person for me.Not to mention, if I just met a guy recently, and he seemingly can’t leave me alone, I begin to question his motives. I mean, you barely know me. How do you even know you like me?In my opinion, one conversation (even if it gets pretty deep) or one date (even if it gets intimate) is no where near enough time to decide if two people are a good match for each other.I like to start every relationship, romantic or otherwise, by disclosing and getting closer in small doses. I need time to think for myself and decide whether or not this person is right for me. If I don’t have any alone time because this person won’t give me any space, then it’s not going to work out.By this point, you’re probably thinking, “Okay, she doesn’t like overwhelming attention and affection, so what does she like?” I like people who integrate themselves into my life slowly and let me think.I like people who allow me the prerogative of self-disclosing at a slow rate.I like people who don’t guilt-trip me when I have other plans.I understand not everyone shares my inclinations, but we’re all entitled to pursue relationships in our own way.I don’t think my preference for a little emotional distance makes me a bitch, and I don’t think it makes me rude.Sometimes, it just takes me a while to let my guard down, and I want my partners to understand and respect that. When someone forces me to be 100 percent available for him all the time, it’s a major turn-off, especially when I’m still trying to decide if I like him or not.Relationships are about sharing your life with another person, so let’s not forget about that other person’s boundaries./By Elite Daily/ EIA reveals oil prices forecasts Business Wed, 07 Oct 2015 15:57:00 +0500 Brent crude oil prices will average $54 a barrel in 2015 and $59 a barrel in 2016 while West Texas Intermediate (WTI) crude oil prices will average $50 a barrel and $54 a barrel this and the next year respectively, according to the U.S. Energy Information Administration's (EIA) forecasts.North Sea Brent crude oil prices averaged $48 a barrel in September, a $1 per barrel increase from August. However, volatility remained high during September, the EIA’s Short-Term Energy Outlook said.On a quarterly basis EIA expects Brent prices in 2016 at $54.05 a barrel, $59.38 a barrel, $61.31 a barrel and $59.33 a barrel respectively.The highest price for WTI in 2016 will be observed in the third quarter – at $56.31 a barrel, according to the EIA’s forecasts. In the first quarter WTI price is expected at $49.05 a barrel, in the second quarter – at $54.38 a barrel, in the fourth quarter – at $54.33 a barrel.Crude oil prices climbed higher in Asia trade Tuesday on signs of ebbing U.S. production and increasing willingness among the major oil producers to collectively jumpstart the market amid the prolonged price slump, the Wall Street Journal reported.On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at $49.12 a barrel, up $0.59 in the Globex electronic session. November Brent crude on London’s ICE Futures exchange rose $0.38 to $52.30 a barrel.EIA estimates that total U.S. crude oil production declined by 120,000 barrels per day in September compared with August. Crude oil production is forecast to decrease through mid-2016 before growth resumes late in 2016.Projected U.S. crude oil production averages 9.2 million barrels a day in 2015 and 8.9 million barrels per day in 2016./By Trend/ Azerbaijan to pay for its share in AIIB in 2016 – minister Business Wed, 07 Oct 2015 15:44:00 +0500 Azerbaijan will pay for its participation in the capital of the Asian Infrastructure Investment Bank (AIIB) in 2016, Azerbaijani Finance Minister Samir Sharifov told reporters Oct.7.“Azerbaijan must pay $50 million for its share,” he said, adding that in 2016, the government will pay about 20 percent of the sum of $50 million.“This sum is divided into two parts, we will pay for the first part and the second part is considered to be withdrawn, since it’s paid only in case of emergency,” Sharifov said.At the same time, the minister didn’t rule out the possibility of changing the amount of the sum that Azerbaijan should pay.The Azerbaijani government officially expressed interest in becoming one of the AIIB founders March 31, 2015. In April, Azerbaijan was confirmed as one of the countries that joined AIIB.The objectives of the Asian Infrastructure Investment Bank are to promote the economic development and cooperation in Asia by investing in infrastructure and other productive sectors, which will be considered as appropriate; to develop the regional cooperation and partnership in addressing the tasks in the field of development, to closely cooperate with other multilateral financial institutions.The investments in infrastructure of developing regional members, including the power engineering, transport and telecommunications, agriculture, water supply, environment, urban planning and other productive sectors will be the priority areas of AIIB funding.AIIB’s authorized capital is $100 billion. The share of regional members of the bank will hit 75 percent. China will be the largest shareholder of the bank. Its share is 29.78 percent of the voting shares. Azerbaijan's share in the bank's capital will hit 0.25 percent. Some $254.1 million will be invested in their purchase.Currently, 1.6 percent of the bank's shares remain undistributed./By Trend/ Korea interested in return of Azerbaijani IDPs,refugees to homelands Politics Wed, 07 Oct 2015 15:30:00 +0500 /By AzerNews/By Laman SadigovaThe Nagorno-Karabakh conflict and the problems of refugees and IDPs, improvement of their living conditions were mulled as Azerbaijan’s Deputy Prime Minister and Chairman of the State Committee for Refugee and IDP Affairs, Ali Hasanov met with Korean envoy to Baku, Choi Suk-inn.Noting that the relations between the two countries based on solid foundation, Hasanov thanked the Korean government for humanitarian aids and development of organizations in Azerbaijan for IDPs and refugees to alleviate their plight.The Nagorno-Karabakh conflict emerged in 1988 when Armenia made territorial claims against Azerbaijan. A lengthy war in the early 1990s resulted with the occupation of over 20 percent of Azerbaijan's internationally recognized territory.The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations. Armenia has not yet implemented the UN Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.Hasanov further added that the cultural relations are actively progressing between Azerbaijan and Korea, stressing Choi Suk-inn's contributions to this with many events during his diplomatic tenure in the country.The Deputy Prime Minister wished the outgoing ambassador success in his future activities.Choi Suk-inn, in turn, said Korea has always been interested in return of Azerbaijani IDPs and refugees to their homelands.He hailed Azerbaijan's rapid economic development, the country's earning solid reputation in a short period of time at the global scale, and the works carried out to improve social conditions of IDPs and refugees.The Ambassador noted that economic relations between the two countries would continue to grow in the future. He expressed hope that many Korean companies will operate in Azerbaijan as well, noting that he will leave the country with good impressions. Chess Olympiad-2016 logo presented in Baku Sports Wed, 07 Oct 2015 15:22:00 +0500 /By AzerNews/By Amina NazarliThe logo for the 42nd World Chess Olympiad 2016 to be held in Baku was revealed in the capital recently.The tournament, scheduled for next September, will host about 2,000 chess masters from 175 countries.The logo depicts the Baku Crystal Hall, which will be the venue for the Chess Olympiad.The Chess Federation of Azerbaijan came up with an offer to host the 2016 Chess Olympiad in Baku back in July. The other two proposals by Albena, Bulgaria and Tallinn, Estonia were not presented before the voting period and were not approved.The budget for the Olympiad is 13.3 million euros. Some 6.8 million euros are set aside for first-class accommodation for the players and delegates. Another 1 will go to the FIDE Commission for World Championships & Olympiads and intellectual rights.Chess Federation Vice President Mahir Mammadov told Trend that about 3,000 guests are expected to come to the event. He expressed confidence that the 2016 Chess Olympiad will be held to the highest standards.The Baku Crystal Hall, is an unusual building and from the outside it takes the shape of the so-called “Baku Crystal,” which is a crystal shining during the night.The complex, which hosted the Eurovision Song Contest in 2012, has a capacity of 23,000 seats.Meanwhile, the 2015 FIDE World Chess Cup, an integral part of the 2014-2016 World Championship Cycle, came to an end in Baku on October 5.The event hosted 128 of the world’s best players, including five former world champions. Russian grandmaster Sergey Karjakin won the competition, earning $120,000.Earlier in September, the First European Deaf Chess Championships for National Deaf Chess Teams was also held in the country’s capital.Baku will pass on the Olympic baton to Batumi in 2018. SOCAR establishes new company in Azerbaijan Business Wed, 07 Oct 2015 15:01:00 +0500 The SOCAR (State Oil Company of Azerbaijan) has registered SOCAR Dalgic LLC subsidiary service company in the ministry of taxes of Azerbaijan, the Azerbaijani ‘Vergiler’ newspaper said.Agalar Ibrahimov has been appointed the legal representative of the new company. The company with a registered capital of 100 manats was registered through a ‘single window’ system in the ministry of taxes of Azerbaijan September 21.The company was registered at the following address: Salyan highway, 13th kilometer, Sabail district, Baku, Azerbaijan.The members of the SOCAR Dalgic Supervisory Board include Mehman Orucaliyev, Mikhail Mirzoyev, Ilgar Sadigov and Ilham Nasirov.SOCAR includes production associations Azneft (the enterprises producing oil and gas onshore and offshore), Azerkimya (the chemical industry enterprises) and Azerigaz.The company also has a number of processing enterprises, service enterprises, and institutions involved in geophysical and drilling operations.SOCAR is the sole producer of oil products in Azerbaijan. It has two oil refineries and filling stations in Azerbaijan, Georgia, Ukraine, Romania and Switzerland.It is the co-owner of the largest Turkish petrochemical complex, Petkim, and other assets in Turkey./By Trend/ Fed is indecisive, incoherent and driven by the consensus narrative World news Wed, 07 Oct 2015 14:50:00 +0500 By Steen Jakobsen, Saxo Bank's Chief EconomistThere is a firm believe among current and former Fed officials that a 2016 hike is still on the table, but it’s also clear that Fed and its staff are lost, totally lost, as to where the economy is going, what the strong US dollar means in the medium term and are very concerned on the “structure of the fixed income market”. In other words, the Fed is not going to come forward in a clear and decisive way from here but will be swayed by whatever headline is driving the consensus.There was no love for emerging markets; most people had negative EM as their number one trade and with expectations of considerable underperformance still in store. The one comment which stood out was that if you exclude energy and commodities from EM then it’s getting cheap but not yet deeply discounted. However, excluding energy and commodities of course is futile considering the big cap companies’ main business’ in EM!EM is cheap on all metrics in my book, but I do agree that you need a catalyst: “…a weaker US dollar in my theory”… to kick start it...I think both VW and Glencore are big stories, but not as big as market fears. Expect seasonal strength to play out post October 10 and I stick with my S&P projection from August, which means low, is in pretty soon and here's why:• The world has just moved one step closer to global deflation making “easier monetary policy” the response in a world of no ability to fiscally expand.• Every time in history when the market has been more than 10% down, with falling commodity prices and a strong USD the Fed would be looking to ease not hike!• Global easing or pretend-and-extend version 4.0 is close. Central bankers simply don’t believe a bloated balance sheet and debt financing is an issue or worse they seems to think economic theory offers no alternatives./By Trend/ Azerbaijan's energy sector undergoes major overhauls Business Wed, 07 Oct 2015 14:40:00 +0500 /By AzerNews/By Gulgiz DadashovaThe momentum for harnessing the potential of Azerbaijan’s energy sector has increased alongside growing instability in the global energy market.The Industry and Energy Ministry of the energy-rich Azerbaijan is now working on determining the main avenues for sector development based on the views and suggestions of local and foreign experts, as well as from enterprises operating in the energy sector.The aim of identifying these priority areas are to use all of Azerbaijan’s energy resources – oil, natural gas, electricity, water, sun, wind, biological waste – efficiently, achieving the full participation of these commodities in the energy balance of the country and ensuring high rates of economic development, according to the ministry.Energy sector development initiatives will cover a broad range of reforms and upgrades in strategic development concepts and complex measures."In particular, it suggests the preparation of the development strategy of the energy sector for 25-30 years, the ‘State program for the efficient use of energy, the energy efficiency of end-users, the use of alternative energy sources’ for 15-20 years, as well as the ‘State program on thedevelopment of the energy sector of Azerbaijan’ for five years, the ministry reports.An extremely important step in ensuring the effective development of the energy sector is to improve the legislative and regulatory framework in this area.To ensure this, the ministry seeks to prepare a number of documents, including a bill to regulate domestic electricity consumption, a bill to regulate the domestic natural gas market and a bill for an independent regulator to oversee the internal electricity and gas market and the Grid Code for electricity and natural gas, the ministry announced.It also proposes to improve the structures of energy companies and tariff policy; particularly, to streamline Azerenergy, Azerigaz and Azerishig and to create a system of flexible tariffs, reflecting the interests of end-users based on the ability of distribution and cost of goods and services.Enormous potential for growthAzerbaijan, a resource-rich South Caucasus republic, announced that currently the country's proven gas reserves are at the level of 2.6 trillion cubic meters, while the oil reserves amount to 2 billion tons.The country constitutes only small portion of its reserves and production, thus it exports its hydrocarbons to other countries, in the first place, to Turkey, Georgia and soon it will supply gas to Europe.The development of Azerbaijan’s renewable energy sector gained momentum under the enactment of the State Program on the Use of Alternative and Renewable Energy Sources in 2004.Under its strategic plan of renewable energy development, Azerbaijan will build solar plants that will produce 2,065 of megawatts of power and wind farms with an energy output of 1,512.5 megawatts. Renewable energy development will reduce the use of gas in the domestic market and increase export volumes.Azerbaijan's power system, with an export potential of six billion kilowatt hours, is the most powerful in the South Caucasus. The country has not been purchasing electricity from abroad, being that it has been a net exporter since 2008. The country’s power capacity has increased by 2,300 megawatts over the last 10 years after commissioning new energy generating facilities. The primary sources of electricity generation are: gas (92 percent), hydro resources (7.9 percent) and alternative sources (0.1 percent).The energy saving potential in Azerbaijan is around 8-10 million tons of fuel equivalent and that this process being developed gradually in Azerbaijan.National energy efficiency targets, including increased use of renewable energy, are set forth by the “Azerbaijan in 2020: Look into the Future” state strategy. The program aims to accelerate the development of alternative energy sources, strengthen environmental institutions, increase scientific-technical potential, continue training specialists, and raise awareness among consumers. Alongside state initiatives, private sector involvement will be promoted and alternative energy tariffs will be reformed.The country offers numerous opportunities for foreign companies interested in investing in alternative energy or penetrating the local market. President Aliyev opens facilities in Ujar, Goychay Society Wed, 07 Oct 2015 14:26:00 +0500 /By AzerNews/By Nigar OrujovaAzerbaijani President Ilham Aliyev opened a number of facilities in the country’s Ujar and Goychay regions on October 6.In Ujar, President Aliyev evaluated the Ujar Agro Poultry Farming Complex. The company, with a production capacity is 9,500 tons per year, manufactures 65 kinds of products under the “Marjan” brand.President Aliyev was informed about investment projects financed through low-interest loans allocated by the government.The Executive Director of the National Fund for Entrepreneurship Support, Shirzad Abdullayev, told the president that nearly 11,400 entrepreneurs in the Aran economic zone received small businesss loans from a total pool of 620 million manats, including 445 million manats in low-interest loans.Following the discussion, the head of state reviewed the conditions created at the Fermer roadside recreation center. The complex consists of two parts, the first part of which includes an agricultural fair. The complex that will create 80 new jobs, has an artificial lake, recreation buildings, cottages, a VIP house, a 80-seat banquet hall, as well as green areas.As part of the visit, President Aliyev inaugurated a new building of Ujar Central Hospital.The two-storey complex has 105-bed places and modern facilities and equipment for surgery, therapeutics, pediatrics, resuscitation, gynecology, critical care medicine, diagnostics, physiotherapy, perinatal center, labs and an administrative block. The hospital complex was constructed under an initiative by the Heydar Aliyev Foundation.As part of the Ujar visit, the head of state also opened the Ujar Youth Center, a new administrative branch of the New Azerbaijan Party, and the new building of the Ujar Museum of History and Local Lore.The Ujar Youth Center, which occupies a total area of 2,000 square meters, is one of the biggest youth centers in the country. It features a 7D cinema hall, an electronic library, conference hall, shooting gallery, auditorium, youth cafe and bar.The new administrative building of the Ujar branch of the New Azerbaijan Party occupies a total area of 600 square meters, supplied with modern equipment. A bust of party founder Heydar Aliyev was installed in the foyer of the building.The new building of the Ujar Museum of History and Local Lore was also provided with necessary equipment.As part of his visit to Ujar, the head of state also attended a ceremony marking the completion of a project to renovate the water supply system of Ujar. The project is aimed at improving water and sewerage system for 22,000 residents of the region. Overall, the project will benefit 59,000 people.Measures aimed at improving the supply of drinking water to rural populations are ongoing as part of the State Program on the Socioeconomic Development of the Regions.As part of the project, financed from the state budget, a new administrative building with a state-of-the-art laboratory was built for the Ujar Sukanal Department.One of the highlights of the center is a Geographic Information System, which was introduced in the city of Ujar to enable the management of the entire network infrastructure using digital maps based on geographic data. This system won two prestigious international competitions.Goychay visitOn the way to the Goychay region, President Aliyev attended the opening of the newly reconstructed Goychay-Ujar highway. The highway was about 20km in length and 12m in width. Several junctions and a railway bridge are located along the two-lane highway.In Goychay, the president also opened the Youth Center, where all of the necessary conditions are met for youth recreation. The center houses a bowling hall, golf, intellectual game rooms, a cafe, and dance and photo studios. It provides foreign language, painting, carpet making, sculpture and other courses.President Aliyev also reviewed the conditions created in the Flag Square complex, where the national flag flies on top of a 66-meter high pole. Extensive landscaping and construction was carried out the premises.In Goychay, President Aliyev attended a ceremony to begin the supply of drinking water to the city of Goychay. The project is aimed at improving the water and sewerage systems for 43,000 residents of the city of Goychay, and will be completed in 2016.The project saw the construction of a 123 km long sewage system in the city. It will also include the construction of a wastewater cleaning facility with a daily capacity of 20,000 cubic meters.As part of his visit to Goychay, the head of state also attended the opening of a children's music school, a chess school and a new administrative building of the Goychay branch of the New Azerbaijan Party.The music school, which has enrolled 430 pupils served by 107 teachers, houses an 80-seat concert hall for holding different cultural events.The new administrative building of the Goychay branch of the New Azerbaijan Party offers an assembly hall, an e-library, as well as offices for the regional branch of the Women's Council and Youth Union. The Goychay branch of the party has 7,663 members, including 4,378 women and 3,006 young people.The renovated chess school has a 60-seat competition hall, computer and teacher rooms, and three classrooms for 251 pupils and 11 teachers. Azerbaijani parliament makes amendments to several laws Politics Wed, 07 Oct 2015 13:59:00 +0500 /By AzerNews/By Aynur KarimovaAzerbaijan has tightened control over the spread of religious information and increased attention to the training of religious specialists.These issues were envisaged in the amendments to the laws "On freedom of religion" and "On mass media" discussed on October 6 at the plenary session of Azerbaijan's Parliament.Under the amendment made to the 29th article of the law "On freedom of religion," the relevant executive body will demand reports on religious activity and financial reports from religious centers and religious organizations, Trend reported.Other amendments give the executive power bodies a right to control religious literature, audio and video materials, products and other religious goods in accordance with the law "On regulation of monitoring in the field of business activity and regulation and the protection of entrepreneurs' interests.”Also, these bodies will take measures to train specialists in religious practices and organize qualification courses.According to an amendment to the 14th article of the law "On mass media," a reference from the executive power body will be required for the creation of religious publications.These amendments expand the authority of the State Committee for Work with Religious Organizations.State fingerprint registration law amendedThe parliament also adopted amendments to the law "On state fingerprint registration in Azerbaijan," according to which the range of persons to be covered by the procedure of compulsory state fingerprint registration has been expanded in the country.In accordance with the amendment made to the 8th article of the law, compulsory fingerprint registration will be applied to persons who are to be deported from Azerbaijan and to foreigners contained in detention centers for illegal migrants and stateless persons.Ombudsman's authority expandedAlso, the authority of the Commissioner for Human Rights (ombudsman) of Azerbaijan has been extended.According to an amendment made to the law "On Commissioner for Human Rights (ombudsman)," the National Preventive Group of the Ombudsman Office of Azerbaijan will have a right to make free, unannounced visits to detention centers for illegal migrants at any time, to meet with migrants, get familiar with the terms of their detentions and draw up reports on the progress and results of the conducted measures.According to the amendment made to the law "On police" of Azerbaijan and adopted by the parliament, the authority of the Azerbaijani police has been extended. The Azerbaijani police will be responsible for preventing violence during sporting events.Azerbaijan has also tightened measures against those who will illegally appoint persons to position that require state security clearances. In particular, official persons will be fined 500 to 700 manats, while legal entities will be forced to pay between 1,500 and 2,000 manats. Baku to host 4th Chovgan championship Sports Wed, 07 Oct 2015 13:17:00 +0500 /By AzerNews/By Amina NazarliThe 4th Chovgan Azerbaijan championship, organized by the Azerbaijan Equestrian Federation will start at Baku’s Bina Equestrian Center on October 16.A total of 24 teams from the country’s different regions will competition at the event to last until October 24.The teams are following: “Sarhadchi”, “Kovsar”, “Agstafa”, “Agdam”, “Sheki”, “Agjabedi”, “Lachin”, “Polad”, “Balakan”, “Zagatala”, “Gakh”, “Oguz”, “Ismayilli”, Yevlah”, “Barda”, “Goranboy”, “Goygol”, “Gazakh”, “Tovuz”, “Dashkasan”, “Gabala”, “Khachmaz” , “Batabat”and “Elit.”The teams which took first eight paces in the ninth Chovgan competition for the President Cup held in Sheki in 2014 will directly compete at the 1/8 final.The total prize of the competition is 50,000 manats (about $48,000).Chovgan dates back to the middle of the first millennium A.D. as a team game. It has been very popular for centuries both in Azerbaijan and Central Asia. Fragments of the game were portrayed from time to time in ancient miniatures, and detailed descriptions and rules of the game were also reflected in ancient manuscripts.The game is the original form of the polo sporting game that dates back thousands of years. It is still played in Azerbaijan. It worth to be noted, that this ancient game has been included in the List of Intangible Cultural Heritage of UNESCO during the 8th Session of UNESCO Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage, which was held in Baku in 2014. Azerbaijani company to invest over $60M in Tatarstan Business Wed, 07 Oct 2015 13:05:00 +0500 A ceremony devoted to the beginning of realization of the investment project to build a plant for the production of juices and the logistics center of the Benkons Group Azerbaijani company will be held October 7 in Laishevskiy municipal region of Tatarstan (Sokury village), said the message of Tatarstan Investment Development Agency (TIDA) posted on its website.The event will be attended by President of the Republic of Tatarstan Rustam Minnikhanov.“The plant will specialize in the production of natural juices from organic fruit,” said the message. “The volume of investment in the project in Tatarstan will exceed 4 billion rubles ($61.45 million). The minimum project capacity is 53,856,000 liters per year. More than 250 job places will be created in Tatarstan as a result of the localization of the brand.”It is planned that the plant and logistics center will start work in early 2017.Provisional agreement on the implementation of the project was reached during the visit of Tatarstan Investment Development Agency Chief Executive Taliya Minullina to the Azerbaijan Republic in December, 2014. This project was presented to the President of Tatarstan February 3, 2015 at the Board of the Agency, and a cooperation agreement was signed between the company and TIDA.Benkons Group is one of the leading companies operating in various fields in Azerbaijan and abroad. The group includes several companies that now occupy significant positions in various industries - Benkons Import, Benkons Export, Benkons Construction.Benkons Import is one of the major importers of consumer goods in Azerbaijan. There are partnership agreements in more than 30 countries worldwide, most of which are distribution contracts. Since 2011, the company is a strategic partner of PepsiCo International and has a franchise in the production and distribution of soda production of this company in Azerbaijan, namely, such brands as Pepsi, PepsiLight, Mirinda, MountainDew, AcquaMinerale, Lipton, IceTea.Benkons Construction company has a special place in the construction sector, it has practical experience in the design and construction of administrative, office, residential, industrial buildings, and offers a full range of services (from the development of concepts and technological solutions to the construction and installation work and commissioning of the facility). The Benkons Construction company is also a distributor of panels and metal constructions of black metal, display refrigerators and equipment for supermarkets./By Trend/ Australian company intends to build concentrating mill in Kazakhstan World news Wed, 07 Oct 2015 12:56:00 +0500 Iluka Resourses, Australian mining company, will conduct geological exploration in Kazakhstan’s promising areas with the following construction of a mine and a concentrating mill, Kazgeology company of Kazakhstan said."The aim of the work is to determine the prospects for the available resources of ilmenite, rutile, zirconium and tin in the mineral sand deposits," a statement said.The project will be implemented as part of the previously signed Memorandum of Understanding and Cooperation in the field of geological study and exploration of mineral resources between the Ministry of Investment and Development of Kazakhstan and the Australian company."In case of positive results, the company plans to conduct detailed exploration in promising areas in Kazakhstan with the following construction of the mine and the concentrating mill up to $500 million," a statement said.The aero-geophysical research began in Kostanai region, Kazakhstan through Iluka Resourses’ investments Oct. 10.The Australian company will fully finance the state geological exploration of subsoil and their further exploration. The amount of investments in geological exploration is not less than $ 4.4 million.The cooperation on this project were discussed during a meeting among Galym Nurzhanov, the chairman of the board of Kazgeology company, Alison Morley, the Regional Director of Iluka Resources in Kazakhstan, Said Sultanov, the director of the Kazakh Kazgeotech company and Archimedes Muhambetov, the head of Kostanay region, in Kostanay city Oct. 5.Iluka Resourses is the world's largest producer of zircon and a global manufacturer of high-quality titanium items./By Trend/ Popularity of foreign currency deposits growing in Kazakhstan World news Wed, 07 Oct 2015 12:44:00 +0500 The share of foreign currency deposits increased from 73.2 percent to 78.1 percent in Kazakhstan at the end of August, the analytical service said Oct.7.“The total portfolio of fixed-term and conditional deposits of natural persons amounted to 4.57 trillion tenge (272, 95 tenge = $1), 3.56 trillion of which account for foreign currency,” said the message.At the same time, some 60.4 percent of deposits of individuals accounted for foreign currency deposits in August 2014, while 39,6 percent accounted for deposits in tenge.The transfer of depositors to foreign currency positions has been recorded in all regions of Kazakhstan.The city of Almaty showed the highest growth rate of foreign currency deposits of the population in August, 29.2 percent. The share of capital of the southern contributors accounted for 45.7 percent of the market compared to 42.3 percent in July./By Trend/ Azerbaijani CEC starts trainings for members of election commissions Society Wed, 07 Oct 2015 12:18:00 +0500 Trainings for the members of lower election commissions have started as part of preparations for the parliamentary election to be held in Azerbaijan Nov.1, said the message from the country’s Central Election Commission (CEC).The first stage of the trainings with participation of two representatives from each constituency will last four days.During the trainings, the participants will be informed about the voting process, vote counting, filling of protocols and other procedures carried out on the day of voting.The second stage of the trainings, to be held for the members of the lower election commissions, will start Oct.12. Each member of the lower election commission will receive an election handbook, samples of the protocol on the voting results and several other documents.Over 30,000 members of lower election commissions will participate in the trainings./By Trend/ Azerbaijan keen on expanding customs co-op with Belarus Politics Wed, 07 Oct 2015 11:53:00 +0500 /By AzerNews/By Aynur KarimovaAzerbaijan is interested in expanding cooperation with Belarus in the customs field.This was announced by the Chairman of the State Customs Committee of Azerbaijan, Aydin Aliyev, during a meeting with Belarusian Ambassador to Azerbaijan Gennady Ahramovich on October 6.He also stressed the importance of development and integration of relations between the two countries in this field, and expressed satisfaction with the level of mutual cooperation between the two countries.Ahramovich, in turn, noted the importance of expanding cooperation between the two friendly countries in all fields, including customs.They also exchanged views on issues of mutual interest and discussed future prospects of joint cooperation.Diplomatic relations between Azerbaijan and Belarus were established in 1993, but Azerbaijan and Belarus started to get closer during past decade.Currently the two countries enjoy high level ties in various fields and closely cooperate within international organizations. Belarus opened embassy in Azerbaijan in February 2006, Azerbaijan opened embassy in Belarus in August 2006.According to the Belarusian government,the Belarus-Azerbaijan mutual trade turnover totaled $330.8 million in 2014.Belarus' main exports include products of wood working, mechanical engineering, foodstuffs, medications, ferrous metals and glassware. Azerbaijan's exports comprise oil products, hydrocarbons, juices, agricultural products, aluminum goods.Currently the two countries are implementing the long-term social and economic cooperation program through 2015. Belarus has been implementing projects in logistics, public catering, and trade with a total amount of Azerbaijani investment of over $20 million. Minsk and Baku operate regular flights. Azerbaijani gas supplies to Europe to begin in 2022-2025 – GECF Business Wed, 07 Oct 2015 11:30:00 +0500 Azerbaijani gas supplies to Europe will begin in 2022-2025, Secretary General of the Gas Exporting Countries Forum (GECF) Seyed Mohammed Hossein Adeli said in an interview with the “Izvestiya” Russian newspaper.He said that Azerbaijani gas supplies to the EU will begin no earlier than in 2022-2025, while the supplies of Iranian gas will begin even later.The GECF secretary general said that the natural gas from Azerbaijan is the alternative to Russian gas for Europe. In connection with this, the construction of Trans-Anatolian Gas Pipeline (TANAP) is underway, which is designed to supply Azerbaijani gas from the Shah Deniz field through Turkey to Europe, he said.“According to my observations, Iran wants to resume its liquefied natural gas supply, as it would be more profitable for it to supply gas to Asia across the Arabian Sea,” he said. “The project of the Iranian gas supply through Turkey is a long-term prospect and there are no prerequisites for it for now.”He also said that after the start of supply of Azerbaijani and Iranian gas, Europe's dependence on Russia will reduce.“Right now, about one third of the gas consumed by the EU comes from Russia (according to the evaluation of the European Commission, the Russian gas last year accounted for 42 percent of the EU gas imports) with the emergence of TANAP and an increase in the proportion of long-term liquefied natural gas (LNG) spot supplies will fall to 25-28 percent,” said the secretary general. “Not only the GECF understands it, but also the EU.”/By Trend/ Fargana Gasimova: from her father’s shadow to mugham master Arts & Entertainment Wed, 07 Oct 2015 11:24:00 +0500 /By AzerNews/By Amina NazarliHer unique voice purifies soles, embraces listeners with her unique aura and leads them to a world of spirituality. Majestic mugham is her strong and magic tool to win over hearts. Her voice eclipses every murmur; everything abates when she performs....Her mellow, yet commanding voice flowed into the hearts of her audience even after her very first performance with her father -- the world famous Azerbaijani mugham singer, Alim Gasimov.Fargana Gasimova, then a young and talented mugham star, gained popularity for her brilliant performances of the Azerbaijani folk music, listed in UNESCO's cultural heritage list.Her father has always been the major driver of her professional life and career. She grew up with the captivating sounds of mugham and verses from the classical poetry of Azerbaijan. Since the age of four, Fergana often performed alongside with her father at home."There was never any question about my being given to a teacher... Music was always just a part of everyday life. I sang with my father for fun, and it was only when I was around seventeen years old that I seriously understood that I’d be a musician,” she said in an interview with Aga Khan Trust for Culture.Fargana first gained publicity in 1995, when at the age of sixteen, she joined her already distinguished father in a concert tour of Germany for the first time. Since then, she has been performing frequently with her father at many of the most prestigious music stages in both Azerbaijan and abroad.The joyful spirit of Alim and Fargana Gasimov’s homespun styles have left their mark on the very form of the music, particularly on the exquisitely disciplined balance between memorization and extemporization that is an essential part of the art of mugham.“We never put before ourselves the aim of singing mugham in the form of a duet or carrying out any kind of reform,” said Alim Gasimov of the sinuous vocal arrangements he performs with Fargana. “Rather, what we do appeared spontaneously in the process of rehearsing. We liked it, and we started to practice it.”With their unique performance style, combining a deep knowledge of the centuries-old rules of mugham with challenging innovations, the duo never ceases to surprise their fans. Their style is distinguished by an extreme intensity that mesmerizes audiences.Fargana stresses that the duet and national mugham in general are very well liked outside of the country. “Foreigners accept our mugham as a means of soul purification and get great pleasure from this,” she said.By the age of twenty, she had become a fully-fledged singer in her own right and Gasimov decided to introduce his daughter to his ensemble."Although I am her father, we have taken the journey in mugham together. Though I had begun earlier, it was with her birth that my own work became serious, or professional. Before then, I was just a playful young man in love with mugham," Gasimov said in an interview with Al-Ahram Weekly.In 2002, Fargana made her first appearance as a soloist at the Women's Voices Festival in Belgium.She released “Yalniz Ona Doghru,” which became her first album in 2014 and in the same year, the singer gave her first solo concert in Baku.Under his father's guidance, Fargana aims to reconnect younger generations with mugham.She travels the whole world together with her father and her every performance imprints her audiences with something charming and mythical, but still inexplicable.Fargana performed at the “The Spirit of the East” concert, composed and directed by Israeli Mirzahi musician Peretz Eliyahu and Mark Eliyahu in 1999. Later she recorded and released Central Asian Series, Vol. 6: Spiritual Music of Azerbaijan with her father in 2007.She also took the opportunity to perform in New York City in 2005 as part of Yo-Yo Ma's Silk Road Project and has been part of various concerts and festivals in Sweden, Japan, France, Austria, Belgium, England, Italy, and Poland, earning a reputation of a master of mugham.Fargana was twice issued a presidential award for developing Azerbaijani music in 2012 and 2014 respectively.To those who are not yet acquainted with the charming voice of the young star, you have chance to experience this splendor at her solo concert at the International Mugham Center on October 9. Works by Mehriban Efendi included in Italian “Byblos” studio catalogue Arts & Entertainment Wed, 07 Oct 2015 11:06:00 +0500 /By AzerNews/By Amina NazarliThe artwork of Azerbaijani artist Mehriban Efendi will be included in the latest catalogue of the Italian “Byblos” studio.The catalogue’s release is scheduled for June 2016. The head of the studio, Salvatore Constantine, personally sent an invitation to the national artist to invite her to share her works in the upcoming edition.The catalogue will be presented at prestigious museums throughout the world, which are included in National Geographic’s top ten. Moreover, significant museums like the Metropolitan, the Smithsonian Institution in the U.S., the Louvre, Hermitage and others will also put her works on display.Efendi informed local media that the "Particula Coimbra" and "Multimedia Poros" museums located in the Portuguese city of Coimbra will host a surrealist exhibition.The event, organized by the state organization "Condeixa Municipio" will involve 64 artists from 30 countries, and Efendi’s works will also be featured at the exhibition.The exhibition will be held as part of the "Surrealism Now" project by the "Bissaya Barreto" foundation, which has been ongoing since 2010.Meanwhile, Efendi’s most famous picture – “Impression” – is being featuring at the newly opened “Coop Art Gallery” in Slovakia.Mehriban is the winner of the prestigious Sandro Botticelli (named after the Italian painter of the Early Renaissance) award called “For art and talent” in 2014.Her first solo exhibition was held in the United States in 2005. Then she participated in an exhibition titled "Art and Awareness" in Montana; a few of her works were further displayed on large electronic billboards in the "Art Takes Times Square" exhibition in Time Square, New York.Her work, "Harmony," was presented at this exhibition and was published in the book "Art Takes Time Square." It was recognized as one of the best paintings throughout the world in 2012.Efendi took part in an international exhibition organized by Australian artist Paris Saint-Martin, becoming one of the top ten computer artists of 2003. The artist's piece was presented at an international exhibition in the Netherlands in 2009. Efendi was selected as one of the 56 best surrealist painters in the world in 2010.Since 2010, the outstanding artist has participated in the “International Surrealism Today” project, which joins the artists from Europe, Asia, North and South America.She also put her works on display at the Art of the World gallery in Muskegon city in the U.S. and the artist received an invitation for a long-term collaboration with the gallery. Azerbaijan, Iran agree on financing as part of railway project Business Wed, 07 Oct 2015 10:04:00 +0500 Azerbaijan and Iran have agreed to finance the construction of the Astara (Iran) Astara (Azerbaijan) railway line and railway connection between the two countries as part of the North-South international transport corridor, Abbas Nazari, the head of the international transport department of the Iranian State Railway, told Trend exclusively.He said that the financing would be one of the important tasks of the working group established to accelerate the work on the railway line construction."The length of this railway section is 10 kilometers,” he said. “Some 8 kilometers of them pass through the territory of Azerbaijan, 2 kilometers - via the territory of Irand. It is necessary to build a railway bridge on the border between the two countries to connect these roads. The cargo from Azerbaijan will be transported to the terminal in the territory of Iran’s Astara, thence transported to Qazvin. The cargo will be transported by railway from Qazvin to the Persian Gulf countries and in the opposite direction.”“The construction of an eight-kilometer Azerbaijani section of this railway will be financed by Azerbaijan, a two-kilometer Iranian section by Iran,” he said. “The bridge construction will be jointly financed. The exact amount of investments is unknown. But according to the international experience, about $2 million are spent per kilometer. Totally, an investment amount will hit $20 million."He said that the working group would also consider the financing of the Rasht-Astara section construction.“It was decided that the working group will analyze the ways to provide construction financing and the completion of the Rasht-Astara project and accelerate the work,” said Nazari. “It is not known whether the project will be funded by the government, banks or credit institutions, no meetings have been held in this regard.”He went on to add that work on the Qazvin-Rasht section also nears completion.“This section will be commissioned in about a year and a half,” Nazari said. “Once the issue of funding is finally resolved, the work on the Rasht-Astara site will begin. The length of this site is about 175 kilometers, its construction will take up to three years. The entire Qazvin-Rasht-Astara site is a strategically important route. The construction of this road was planned in Soviet times,” said Nazari.He said that the opening of the corridor will make it possible to decrease terms of transportation of goods from Russia to India more than twice.“If cargo transportation from Russia to India by sea takes 45 days, this time period will be reduced to 20 days after the launch of the corridor,” said Nazari. “In addition, the project will make it possible to obtain more than 30-percent gain in economic terms, since in spite of the fact that marine transportations are cheaper, rail transportation costs will fall due to reduction in distance. The will of all the parties involved in the project is needed for its implementation.”The North-South transport corridor will connect Northern Europe to South-East Asia. It will serve as a bridge to connect the railways of Iran, Azerbaijan and Russia.According to preliminary estimates, its capacity will be 1.4 million passengers and 5-7 million metric tones of cargo a year. Around 22 tunnels and 15 bridges will be built throughout the railway. Around 15 tunnels have already been constructed.The volume of cargo transportation through the corridor will amount to 6 million metric tons in the initial stage and will reach 15-20 million metric tons in the future./By Trend/ A glance at gas flaring details in Iran World news Tue, 06 Oct 2015 20:00:00 +0500 By Dalga Khatinoglu:Iran's refined gas production level reached 82.2 billion cubic meters during the first half of current fiscal year, 4 percent more than the same period in last year.According to Iran Oil Ministry's information obtained by Trend, currently the country's raw gas production capacity is 700 million cubic meters per day (mcm/d) -including flaring and re-injection-, while the sweet gas output capacity stands at 550 mcm/d.During the first half of year, Iran accelerated maintenance of refineries as well as developing the South Pars Phase 19 to add 14 mcm/d of natural gas to grid. The country is also to produce natural gas from phases 20 and 21 by winter.Iran is also planning to add 100 mcm/d refining capacity by late 2015.Iran's commercial gas production level reached about 202 billion cubic meters per day last year, while additional 100 mcm/d of gas production was planned for current fiscal year.Iran says the country's gas production would reach 1,100 mcm/d by 2020, and along with increasing gas production, the government is optimizing the gas consumer sectors to decrease domestic consumption by 50 mcm/d to pave the way for exporting 200 mcm/d of gas in four years.One of the plans for reaching this goal is gathering 20 mcm/d of flaring gas by 2020.Details of flaring gasAccording to Iran Oil Ministry's documents, it is planned to gather flared associated gas of 39 oil fields (50 phases) as well as 10 phases of South Pars gas field to prevent burning of 19.78 mcm/d gas in torches.The mechanism of plan is selling gas at very low price (3 cent per cubic meters in average) from March 2016 to March 2020 to companies who constructs power plants, mini LNG and GTL plants close to these fields. The companies must intake at least 80 percent of paring gas.Fields, operated by four major companies, affiliated to Oil MinistryNumber of oil fieldsFaring gas amountPrice (Cent/cm)National Iranian South Oil Company21 fields6.186 mcm/d3.5 to 4.2Iranian Offshore Oil Company11 fields10.173 mcm/d1.75 to 3.5Arvandan Oil & Gas Company4 fields2.778 mcm/d3.5Iranian Central Oil Fields Company4 fields0.3 mcm/d3.5South Pars gas field (phases 1 to 10)10 phases0.39 mcm/d3.5/By Trend/ Iran might fall victim to infrastructure espionage after JCPOA implementation World news Tue, 06 Oct 2015 19:33:00 +0500 The commander of Iran ’s Passive Defense Organization has warned that after the implementation of the Joint Comprehensive Plan of Action, the nature of threats against the country will change and espionage over Iranian infrastructure will become a major threat.Qolamreza Jalali said the nature, quality, and field of threats against the country are constantly changing, Mehr news agency reported Oct. 6.He said the organization is observing changes in US officials’ language since the conclusion of the nuclear deal with Iran to probe possible threats.The commander went on to say that the organization has recently categorized threats in eight groups in a bid to further organize proper responses to each.The eight types of threat are cyber, biological, radiation, chemical, skeletal (technical and engineering), economic, people-based, and preparedness against threats, according to the official.Pointing out that Iran is approaching the sixth national development plan (2016-2021), Jalali said effort is being made to make the Parliament and government make plans to improve the country’s passive defense parameters.He also said that the organization has conducted comprehensive measures to reduce military threats against the country’s nuclear infrastructure.“Reinforcing nuclear sites was a heavy task, but has been carried out. We have managed to reduce the possibility of military threats in Fordow, the Isfahan power plant, and in Natanz,” he said.The JCPOA was reached on July 14 between Iran and the group P5+1 (the US, UK, France, Russia, China, and Germany). It yields more intense watch over Iran’s nuclear activities to make sure of the peacefulness of the Islamic Republic’s nuclear program.Iran and the IAEA have also made an agreement based on which the international body is going to provide reports of how peaceful the country’s nuclear activities are. The report will be a major factor in softening the West’s outlook toward Iran./By Trend/ Three Central Asian states to co-op with Russia to protect railways World news Tue, 06 Oct 2015 19:11:00 +0500 Kazakhstan, Kyrgyzstan, Uzbekistan and Russia will cooperate to protect railways, the Kazakhstan Railways said in a message Oct. 6.An agreement was signed by Kazakhstan’s Militarized Railway Guard, Russia’s Departmental Security Service of Railroad Transport, Kyrgyzstan Railways and Uzbekistan Railways, as part of a meeting of these bodies’ representatives in Almaty.The meeting in Almaty aimed to discuss cooperation and collaboration, and ensuring the safety of the cargos transported by speed container trains through Eurasia.The meeting participants also shared their experience on organization of paramilitary guard for protection of cargo and railway facilities.They also discussed cooperation among the parties to ensure the safe delivery in international traffic of goods./By Trend/ Youth join massive beach cleanup campaign by IDEA Society Tue, 06 Oct 2015 18:53:00 +0500 /By AzerNews/By Vusala AbbasovaThe International Dialogue for Environmental Action PU conducted a cleanup campaign on Buzovna beach on October 3, 2015 as part of the global annual “Clean Up the World” campaign.IDEA, together with Tamiz Shahar JSC and volunteers, held the cleanup with a view to end the pollution and contamination of coastal areas and to raise public awareness about the need to keep Azerbaijan’s coasts clean.The event has garnered wide public interest. As a result, people of various age groups have joined to the campaign.The need for such measures arises as trash left behind by visitors to the Caspian coast is causing a sharp deterioration of the marine environment, especially in its wildlife.It should be noted that the shore in Buzovna is the most polluted beach in Baku, according to research by the Ecology with Natural Resources Ministry. Therefore, it was decided to hold the cleanup campaign right at this location.Cleanup participants were given all the required sanitary equipment. The collected waste was sorted and after it was determined exactly which were the most common types of waste found on the beach, it was delivered to the Balakhani Solid Waste Sorting Plant in special vehicles.The campaign was held under the motto “Let us unite for nature in the Cleanup Weekend!”The participants who were the most active in the cleanup process received souvenir gifts from IDEA.The level of coastal pollution becomes very high after beach season in Azerbaijan and throughout the world.Therefore, the IDEA Public Union organizes such social events with the participation of youth at Baku’s beaches each year.IDEA calls upon each individual to care about the environment, regardless of the season and to contribute to ongoing efforts against ecological problems.The IDEA Public Union was launched by Heydar Aliyev Foundation Vice President Leyla Aliyeva on July 12, 2011 in Baku. The organization aims to promote public awareness on environmental issues and action, collaboration with the youth, promoting the education of environmental problems and finding proper solutions for them.In four years, the organization has completed various projects, from tree-planting activity for young environmentalists and students, to an international photo contest for children called “Children’s Eyes on Earth,” featuring 1200 participants from 5 continents and 90 countries. Kur plant prepares for production of Acer computers Business Tue, 06 Oct 2015 18:18:00 +0500 /By AzerNews/By Nigar OrujovaThe Kur plant, a producer of computer equipment in Mingachevir, is upgrading its power supply to start the production of brand-name computer equipment, a source in the IT field told Trend.Renovation work is underway and new equipment is being installed in order to begin the serial production of portable and desktop computers, the source said.The equipment will be produced under the Acer brand. The Taiwanese company Acer has previously explored the capacity of the plant for the production of laptop and tablet computers.The project was realized after the plant received the status of High-Tech Park earlier this year.The initial investment in the project will amount to about 10 million manat (over $9.5 million). The main goals are to attract foreign capital into the project and to create opportunities to export the finished products to foreign markets.The Kur plant is a joint venture of the production association Teleradio of the Communications and High Technologies Ministry and the IT-company Sinam.The plant, established ten years ago, is the only industrial enterprise engaged in the assembly-line production of computer equipment and electronics in the South Caucasus.The Mingachevir Park, based on the plant, was set up in view of securing sustainable development and economic competitiveness. The facility will stretch across 1.3 hectares. An initial investment of 2 million manats was allocated to the project.The Mingachevir High Tech Park will cooperate with Baku High Tech Park, which is under construction, on a 50-hectare plot of land area in the Pirallahi district of the capital.Moreover, in late 2014, the Intel Company expressed its readiness to work in Azerbaijan.The collaboration will be advantageous in that it will increase the skills of engineers and programmers in the country.In addition, Azerbaijan has been integrating companies that have strong experiences in both the domestic market and abroad. Through a successful use of their experiences, the country can reach international markets. WB: Azerbaijani government seeks 6-7 pct growth per year Business Tue, 06 Oct 2015 18:00:00 +0500 /By AzerNews/By Aynur KarimovaThe World Bank believes that maintaining Azerbaijan’s economic growth at a level of 6-7 percent per year is one of the primary goals of the government.Speaking at an event dedicated to the presentation of the new law “On the Securities Market,” Angela Prigozhina, the World Bank Country Sector Coordinator for Financial and Private Sector Development in the South Caucasus region, said on October 6 that “this requires a lot of work towards the development of the non-oil sector, increasing the export capacity of the country."She also noted that the share of the private sector in Azerbaijan's export is very low – only 10 percent – whereas in Ukraine the figure is 54 percent and in Europe, it reaches 56-60 percent.“This confirms the fact that Azerbaijan has the potential to develop the private sector and now is the time to do it,” the World Bank official added.Prigozhina believes that another important point is the need to diversify the country's financial sector and to develop capital markets."The capital market plays a very important role in the access to long-term financial services,” she said. “Many companies' access to long-term financial services in Azerbaijan is currently not very high, so it is important to expand these opportunities.”Today, in order to modernize capital markets, the World Bank is implementing a reform project together with the government of Azerbaijan."The project is estimated at $16 million, some $12 million of which are provided by the World Bank in the form of a loan for 27 years, and $2.4 million were allocated by the Azerbaijani government,” Prigozhina noted. “In addition, $1.6 million was provided by State Secretariat for Economic Affairs (SECO) in the form of grant. Practically, the entire allocated amount was spent, as the project is now coming to an end. It will be finished July 1, 2016.”In his remarks, Chief Adviser to the World Bank for the securities market, Ketut Ariada Kusuma, said that the adoption of the new law in Azerbaijan will create a solid foundation for capital market development, protect investors and ensure safety.He also said that the participation of international securities market experts in building a strategy to develop the domestic securities market is very important."Taking the needs of investors into account, studying whom to bring to the market -- large, medium or small companies – and determining who most needs the issue of shares or bonds is important for regulating the capital market," the World Bank official added.The new law "On the securities market" entered into force on July 14, 2015.Azerbaijan joined the World Bank in 1992 and since then, World Bank loans to the country have totaled over $3 billion spread over 55 projects. Currently, the World Bank investment portfolio in Azerbaijan includes 16 projects with a total commitment of $2 billion. Iran's October oil exports head towards 7-month low - source World news Tue, 06 Oct 2015 16:40:00 +0500 Iran's crude sales are on track to hit the lowest in seven months in October, according to a source with knowledge of its preliminary shipping plans, showing how Tehran is struggling to boost oil exports even after reaching a landmark nuclear deal, Reuters reported.The weaker sales come despite offers of price discounts to stimulate purchases by Asian buyers as Iran tries to regain market share lost to rivals such as Saudi Arabia over the last 3-1/2 years of Western sanctions.September and October loadings - for arrivals mostly in October and November - indicate purchases by Iran's main buyers in Asia are set to fall a third consecutive month, hit by refinery turnarounds and projections for mild winter weather.China, the biggest buyer of Iranian oil, is taking the lowest volumes in about a year.The drop counters expectations that Iran's exports would rise after Tehran and six world powers reached a nuclear agreement on July 14, although the sanctions are unlikely to be officially relaxed until next year.The sanctions - aimed at persuading Iran to discuss curbs to its nuclear programme - cut Tehran's exports by more than half and cost it billions of dollars a month in lost sales.Iran's crude exports, excluding condensate, are set to fall to around 830,000 barrels per day (bpd) this month, down 14 percent from revised figures for September and the lowest since March, according to the source. India and Japan did not load any Iranian oil in March to hold shipments within sanction limits.China plans to lift about 370,000 bpd this month, down nearly 10,000 bpd from updated September loadings.China will also lift around 33,000 bpd of condensate - an ultra light crude that Iran produces from its gas fields - between September through to next March, another industry source has said.That would put China's total crude and condensate purchases this month at around 400,000 bpd, the lowest since the 340,000 bpd that arrived from Iran in October 2014.India, Iran's second-biggest buyer, is set to cut its October loadings by 20 percent to around 170,000 bpd from the previous month.In contrast, Japan and South Korea are lifting around 100,000 bpd and 80,000 bpd, an increase of 10 percent and 20 percent, respectively, from September.Iran's four Asian buyers are set to load about 720,000 barrels in October, down 12 percent from September.Turkey is also lifting around 110,000 bpd, the source said, with about 100,000 bpd going into offshore storage over September and October./By Trend/ Nigerians get taste of Azerbaijani dolma, gutab Arts & Entertainment Tue, 06 Oct 2015 16:27:00 +0500 /By AzerNews/By Amina NazarliAzerbaijan was represented at the Banana Cultural Festival, held in Nigerian city of Lagos.The only Azerbaijani living in Nigeria Billura Bayramova attended the event, which is aimed to promote the culture, traditions and histories of countries abroad.As part of the event, representatives from 18 countries who are living in Lagos -- Morocco, Tunis, Egypt, France, Italy, UK, Turkey, Kenya and others – offered information about their respective homelands.Visitors had the chance to taste delicious samples of Azerbaijani cuisine, such as dolma, gutab, plov and sweet pakhlava.Azerbaijani folk dance "Tarakama" was also performed at the event.Foreign ambassadors, representatives of foreign companies based in Lagos, as well as the Nigerian Minister of Culture and other officials attended the event.The relationship between Azerbaijan and Nigeria is developing successfully. The two countries support each other in several international organizations.Nigeria recognized the independence of Azerbaijan in 1992. The first Nigerian ambassador to Azerbaijan, Alhaji Tukur, was appointed in 2012.In the absence of a physical embassy in Baku, the Azerbaijani branch of the Nigeria In Diaspora Organization, or NIDO, serves as the first direct support for Nigerians living in country.The organization’s activities in Azerbaijan are well known and documented with the Nigerian embassy in Iran, which has the mandate to cover Azerbaijan as well.NIDO is the largest organization representing Nigerians living abroad. NIDO is recognized by the Nigerian government and most countries in Europe, Asia and the Americas, all of which have chapters.? Azerbaijan, Russia to create pharmaceutical cluster Business Tue, 06 Oct 2015 16:18:00 +0500 /By AzerNews/By Nigar OrujovaAzerbaijani companies are interested in creating a cluster in the field of pharmaceutical production.This statement was made by Elgiz Kachayev, chairman of the committee on the development of business and consumer market of the government of St. Petersburg, who visited Baku as part of Azerbaijani-Russian business forum on October 2.Kachayev stressed that St. Petersburg has great potential in the development and production of pharmaceutical products.“There is a pharmaceutical cluster [in St. Petersburg]. Our Azerbaijani partners have also expressed interest in developing a similar cluster in Azerbaijan. Therefore, St. Petersburg is ready to cooperate on the issue of joint investments and support the deployment of the cluster in Azerbaijan,” he said.Today, Russia ranks second in the export of medicines to Azerbaijan, ensuring about 15 percent of the medicine market in the country.Expanding pharmaceutical trade between Azerbaijan and Russia has been discussed widely at all levels of legislative and executive power, in both Russia and Azerbaijan.Earlier, Russian Deputy Industry and Trade Minister Sergei Tsyb said the first step in the development of relations in the pharmaceutical field is an increase in the export of Russian medicines to Azerbaijan.Tsyb added that, at present, Azerbaijan and Russia should aim not only to increase the supply of medicines from Russia to Azerbaijan, but also to find a possible common ground in terms of joint ventures, namely in enterprises that would allow for the production of Russian medicines in Azerbaijan.The Russian side plans to start with the production of several types of widely consumed medicines. In the future, it will be possible to discuss more complex medicines.The pharmaceutical market in Azerbaijan remains attractive for Russian pharmaceutical companies, as Azerbaijan produces only a miniscule share of the medicines that it consumes, with the overwhelming majority imported.Over 4,560 drugs passed state registration in Azerbaijan in 2014. All pharmaceuticals imported into the country are inspected before reaching pharmacies and hospitals. Azerbaijan bans the import of drugs to the country without a license, permission or other relevant documents.Earlier, the Azerbaijani government had strengthened state control over prices in the pharmaceutical market. The Tariff Council has reduced the prices of 1,126 medicines so far.Today, 57 percent of medicines registered in Azerbaijan are produced in Europe and 26 percent in the CIS countries, including 12 percent from Russia. A small proportion of medicines consumed in Azerbaijan are produced in Asian countries.The Tariff Council continues to expand the list of medicines that will undergo a price reduction by year-end. The country has started by cutting prices for essential medicines, which is expected to be completed before the end of 2015.A list of these medicines is available on the Council’s website. Uzbekistan to host int’l cotton fair World news Tue, 06 Oct 2015 16:00:00 +0500 Tashkent will host XI International Uzbek Cotton Fair October 15-16, the message of the National Information Agency of Uzbekistan (UzA) said.The message said that this traditional fair leads to active promotion of Uzbek cotton on the world market.Measures are made in Surkhandarya region of Uzbekistan in the process of preparing for the fair in order to ensure the ginning factories with modern equipment, increasing capacity utilization, volume of products capable of competing on the world cotton market.In the current year, Uzbekistan has grown a rich cotton crop on 119.6 hectares of fields. Currently, Uzbekistan pays great attention to cotton harvesting as soon as possible and to its processing quality.Angorpakhta JSC, which was renovated and equipped with modern facilities under the government program, received nearly 25,000 tons of cotton grown in Termez and Angora areas from the beginning of the season and processed more than 4 million tons of raw materials, the message said. Particular importance is attached to the preservation of fiber quality and increasing production efficiency of the enterprise.The chairman of the Angorpakhta JSC Rustam Rakhmonov said that technical and technological renewal of the enterprise conducted three years ago provided the opportunity to increase production capacity and processing volumes up to 40,000 tons per year.Work efficiency has increased, while energy consumption decreased by 25 percent, he said. As a result, the company manufactures fiber, which is fully compliant with demands of the global market, and seeds are being procured for the next year’s harvest.Cotton processing is conducted in other areas of the region, climatic conditions of which make it possible to grow early maturing varieties of cotton with a durable fiber, according to the message.It was previously reported that more than 3.4 million tons of cotton were harvested in Uzbekistan in 2014./By Trend/ Azerbaijan starts preparations for Islamic Solidarity Games Sports Tue, 06 Oct 2015 15:23:00 +0500 /By AzerNews/By Nigar OrujovaAzerbaijan, which will host the fourth Islamic Solidarity Games in 2017, has begun preparations to host this grand sporting event.An order on providing telecommunication services to the upcoming Games was signed by Ali Abbasov, Minister for Communications and High Technologies, the Ministry reported on October 6.In line with the order, structural units of the agency as well as fixed and mobile communications operators are instructed to ensure uninterrupted telecommunications services, Internet service and mobile communications in all areas of the Games.To this end, a base of operations was established at the Ministry, headed by First Deputy Minister of Communications and High-tech Iltimas Mammadov.Staff members of the headquarters are also heads of departments at the Ministry, mobile, fixed, satellite communications, e-Security Center and others.A working group with other market participants will be created to prepare technical proposals to ensure the sustainable provision of telecommunications services during the Games and solve coordination issues arising from the order.The headquarters will be instructed to implement the appropriate measures to ensure the provision of necessary telecommunications services, mobile services and TV broadcasting at the facilities, which will host the competitions of the Games, as well as in other areas associated with the event.In addition, according to the order, issues will be addressed related to the allocation of the necessary frequency resources, to draw consultants and other industry experts for the preparation of technical proposals.Baku hosted the major international sporting event the Baku 2015 European Games this June and attracted over 6,000 athletes from 50 countries to compete in 20 sports.The country had prepared for the event in a record-breaking 2 years and now has the infrastructure to host future grand sport competitions.The decision to hold the fourth Islamic Solidarity Games in Baku was made at the eighth elective general assembly of the Islamic Solidarity Sports Federation in Jeddah, Saudi Arabia in July 2013.The Games, which will bring together athletes from 57 countries, will be held under the slogan “Solidarity is our power.” More than 160 Azerbaijani athletes will participate in the Games. The religion of the athletes is not a pre-condition for participation in the competition.The Organizing Committee for IV Islamic Solidarity Games was established this September. Azerbaijan’s First Lady Mehriban Aliyeva is the Chairman of the Organizing Committee of the IV Islamic Solidarity Games. Landmine explosion kills Iranian soldier World news Tue, 06 Oct 2015 15:02:00 +0500 An Iranian soldier was killed in landmine explosion near Jeyran Bolagh village in Iranian western province of Kermanshah, Gholamreza Askari, commander of army’s Brigade 35 said.The soldier serving in the brigade hit a landmine remaining from Iran-Iraq war (1980-1988) near the Brigade 35 military base close to the border of Iraq, Askari said, Iran ’s official IRNA news agency reported Oct. 6.Iran is one of the countries in the world with the most unexploded landmines, which kill and injure dozens of people every year.According to the International Campaign to Ban Landmines, there were 46 deaths and 76 injuries from landmines in Iran in 2012. Seven of the casualties were children.Land areas in Iranian provinces of Ilam (1,700 hectares), Khuzestan (1.3 million hectares), Kermanshah (691,000 hectares), Western Azerbaijan (59,000 hectares) and Kurdistan (1,480 hectares) were mined during the war.It was assumed that after the war around 16 million mines could still remain in these areas./By Trend/ ‘Refraction’ exhibition to feature Azerbaijani artist Arts & Entertainment Tue, 06 Oct 2015 14:44:00 +0500 /By AzerNews/By Amina NazarliYAY Gallery is delighted to announce a solo exhibition named Refraction and featuring Huseyn Hagverdi, Honorable Artist of Azerbaijan and member of the Artists’ Union of Azerbaijan at 20:00 on October 8.Art by Huseyn Hagverdi evokes a chain reaction of questions leading towards certain reflections that give excitement to the postmodernist times of today, when habitual comprehension of style has took its off. Being applied to the artist’s creative practice it can be defined as a process of building a dialogue system.The artist had offered this model for the first time in his STONE project, where not just a range of sculptures created from the Absheron limestone, but the dialogue principle itself formed the project’s core point. That dialogue provided an atmosphere of small galaxy of stones sensitively completing each other, talking to each other, and sharing a common gravity.Hagverdi’s following project was BEYOND THE LINE, presented at the Venice Biennale. It developed the dialogue system within somehow different plane. Here the dialogue was shaped within a concept of the time bridge uniting our epoch with Azerbaijani underground artists of 1960s. The artist created a labyrinth of wooden installations painted black; the black chaos appears to be a metaphor for the life, lived out by his father’s generation.The next grade –– Refraction presents absolutely different palette, different story, but still it deals with the dialogue system, still it takes you beyond the bounds of physical reality. The project named Refraction could be introduced as exploration of the colour phenomenon, but nature of Hagverdi’s this work doesn’t allow it. He gets going on a hunch, by feel; he enters the dialogue with texture, substance of materials, the dialogue with lines and layered colour stratums, ‘tuning’ himself as a receiver for new ‘airs’ of colours.The show displays mixed media graphics, paintings, stone and wooden sculptures, both so typical for the artist’s creative approach.Haqverdi, Honorable artist of Azerbaijan from 2003, graduate of the Azim Azimzadeh Baku State School(1975) and the V.I. Mukhina named Leningrad Higher School of Art and Industry (1980). The artist works with various materials and various genres including sculpture, painting, drawing and monumental art, gravitating to large forms. He is the author of a sculptured statue of the Virgin Mary in Baku Cathedral, a mosaic panel on an epic theme installed at the Sangachal Terminal, the memorial bas-reliefs dedicated to the artist Javad Mirjavadov in Baku and to the composer Gara Garayev in Moscow.Exhibition will be held till November 10, 2015. Opening hours start from 12:00 to 20:00 (except Monday). Admission is free. The address of the venue is Icheri Sheher, Kichik Qala str. 5 (in front of A.Vahid sculpture). Armenia’s aggression leads to major conflict in Caucasus region World news Tue, 06 Oct 2015 14:32:00 +0500 /By AzerNews/By Sara RajabovaDespite the fact that more than 25 years have passed since emergence of the Nagorno-Karabakh conflict over Armenia’s territorial claims against Azerbaijan, a solution to this long-lasting conflict still remains elusive.The unresolved Nagorno-Karabakh conflict resembles a sleeping volcano, as it can erupt at any moment and intensify rapidly.The escalation on the contact line of Armenian-Azerbaijani troops in recent days resulted in losses on both sides and is a clear sign that an urgent solution to the conflict is needed.Though the conflict could cause a new war in the already sensitive South Caucasus region, the international community still demonstrates its negligence toward this dangerous problem.Experts also warn that Armenia’s aggression is leading the entire Caucasus region toward a major conflict.Malik Ayub Sumbal, a strategic expert on geopolitical and international conflicts and defense in the world, told the dailykarabakh website that the world should think about this conflict seriously to avoid any major confrontation in the near future.He went on to say that the OSCE Minsk group, which is tasked with bringing a solution to the conflict, has not taken to finding a resolution to the conflict seriously for a long time.“The recent so called ‘elections’ in Nagorno-Karabakh are a clear violation of the UN resolutions on the Nagorno-Karabakh conflict,” Sumbal said.The international expert believes that the Nagorno-Karabakh conflict is a threat to the stability of this entire region because the expectation of a conflict erupting increases every passing day.“Armenia violates the ceasefire with Azerbaijan over 110 times within 24 hours and this attitude expresses the Armenian war craze in this region. In my opinion, if there will be a threat to peace in this region, it will be due to Nagorno-Karabakh,” Sumbal said.The Armenian military continued to escalate tensions on the contact line of troops over the past several months breaking the ceasefire regime using large-caliber machine guns. The shelling of civilians by the Armenian military has put the lives of the residents of Azerbaijan’s frontline settlements at risk, resulting in casualties.Sumbal also noted that Azerbaijan’s occupied and uncontrolled territories have become a safe haven for outlaws, terrorists and other extremists groups, presenting a security threat to the entire Caucasus region and its surroundings.“In this whole region, there are organized gangs operating under the nose of the Armenian government, which has dramatized the so-called ‘elections’ in Nagorno-Karabakh,” the expert said.The Azerbaijani government repeatedly informed international organizations and foreign countries over the illegal actions committed in the Armenian-occupied Azerbaijani territories.The officials also repeatedly said Azerbaijan's occupied Nagorno-Karabakh region has turned into a regional center of drug production and trafficking.The Azerbaijan National Anti-drugs Propaganda Office, acting within the framework of the UN Development Programme, said earlier there are facts provided by various sources about drug trafficking through Nagorno-Karabakh, an integral part of Azerbaijan, to neighboring Russia and Europe.The authors of the research said drug trafficking in Nagorno-Karabakh brings enormous profits for Armenia, and the funds are spent on financing extremist forces, supporting armed groups and purchasing weapons.The route of drug trafficking through the territory of Nagorno-Karabakh also stands in the way of the settlement to the Nagorno-Karabakh conflict between Armenia and Azerbaijan and adversely affects the security of the entire region.Armenia captured Nagorno-Karabakh and seven surrounding regions from Azerbaijan in a war that followed the Soviet breakup in 1991. More than 20,000 Azerbaijanis were killed and nearly 1 million were displaced as a result of the war.Large-scale hostilities ended with a Russia-brokered ceasefire in 1994 but Armenia continued the occupation in defiance of four UN Security Council resolutions calling for immediate and unconditional withdrawal.Peace talks mediated by Russia, France and the U.S. have produced no results so far. Cochlear implant surgeries conducted in Azerbaijan with support of Heydar Aliyev Foundation Society Tue, 06 Oct 2015 14:24:00 +0500 The Heydar Aliyev Foundation has started to implement the program "Cochlear implantation" in Azerbaijan. The program, initiated by the President of the Heydar Aliyev Foundation Mehriban Aliyeva, involves a group of local and foreign specialists.Since August 2015 the group has conducted free check-ups of more than 250 children with hearing disorders. The results revealed a necessity to conduct cochlear implant surgery to 80 children. Some 70 children need a hearing aid, according to examination results.According to the executive director of the Heydar Aliyev Foundation Anar Alakbarov, 26 people underwent surgery. “They will get rehabilitative treatment with the support of the Heydar Aliyev Foundation.” Alakbarov said most of the operated are children under six./By Trend/ Baku, Ankara highlight significance of mutual support Business Tue, 06 Oct 2015 14:00:00 +0500 /By AzerNews/By Sara RajabovaAzerbaijani President Ilham Aliyev has met a delegation led by Army General Hulusi Akar, the Chief of the General Staff of the Turkish Armed Forces.President Aliyev said like in all areas, Azerbaijani-Turkish cooperation is successfully developing and strengthening in the military field too, AzerTac state news agency reported.Highlighting the sound history of military cooperation, President Aliyev said bilateral ties has expanded during the years of Azerbaijan`s independence.He further stressed the importance of the joint military exercises held in Azerbaijan and Turkey.The joint tactical exercises entitled "TurAz Qartali-2015" of the Azerbaijani and Turkish Armies were held in Azerbaijan in September. The exercises, which were held as part of an annual joint military plan, lasted until September 18.Claiming Azerbaijan and Turkey to have the closest bilateral relations in the world, President Aliyev underlined the significance of the fact that the two countries have always supported each other on all issues.President Aliyev expressed his confidence that a broad exchange of views on the expansion of cooperation will be discussed during the meeting with the delegation led by Akar.Akar, for his part, said the joint exercises held on the foundations of brotherhood were of great importance.He said that the two countries managed to achieve exemplary cooperation on a variety of fronts during the joint exercises held both in Turkey and Azerbaijan.Akar said there are no bilateral relations similar to those between Turkey and Azerbaijan in the world, emphasizing the significance of these ties.He expressed his confidence that under the leadership of the presidents of Turkey and Azerbaijan, these relations will further expand in the years to come.Azerbaijan and Turkey's relationship has been strong due to a common culture and history and the mutual intelligibility of Turkish and Azerbaijani languages.Turkey was the first country in the world to recognize Azerbaijan's independence in 1991 and has been a staunch supporter of Azerbaijan in its efforts to consolidate its independence, preserve its territorial integrity, and realize the economic potential that arises from the rich natural resources of the Caspian Sea.Furthermore, during his Baku visit, Akar said Turkey does not accept double standards with respect to the territorial integrity of Azerbaijan.He told Trend that like before, Turkey would support Azerbaijan in the Nagorno-Karabakh conflict within the framework of the internationally accepted concepts of sovereignty, territorial integrity, and in accordance with international law.The Nagorno-Karabakh conflict emerged in 1988 when Armenia made territorial claims against Azerbaijan. A lengthy war in the early 1990s resulted with the occupation of over 20 percent of Azerbaijan's internationally recognized territory, including Nagorno-Karabakh and seven adjacent regions by the Armenian armed forces.Ankara has made clear that it wants Armenia to immediately and unconditionally leave the region in view of restoring Azerbaijan's territorial integrity and internationally recognized borders.Akar also added that Turkey expects the international community to demonstrate the same reaction it did in the situation in Ukraine with regard to the Nagorno-Karabakh conflict. Uzbekistan’s tourism industry welcomes expected boost World news Tue, 06 Oct 2015 13:15:00 +0500 /By AzerNews/By Vusala AbbasovaAs many as 950,700 foreign tourists have visited Uzbekistan over the first half of the current year, which is 7 percent more than in the same period of 2014, according to the website.The national tourism company, Uzbektourism, praised the growth of the tourism industry over the first half of the current year in Tashkent, during an interview in anticipation of the 21st Tashkent International Tourism Fair, with this year’s theme "Tourism on the Silk Road".The exports of tourist services increased by 13.6 percent up to $550.5 million.Currently, as many as 731 tour operators and 548 hotels successfully operate in the country.In 2014, 1.94 million foreign visitors travelled to the country, while tourism services brought in $1.056 billion.The 21st Tashkent International Tourism Fair "Tourism on the Silk Road" will be held in Tashkent on October 6-8, 2015.Thousands of professionals from Uzbekistan and all over the world will gather in one place to promote tourist products and establish business contacts.The fair allows the world’s leading experts to share their experiences, discuss topical tourism issues, present new opportunities, and participate in research programs at the Fair.Leading experts will announce pricing, discuss new tourism trends, and unveil new destinations.Earlier, the travel and tourism industry was neglected in Uzbekistan. There have, however, been many changes since the country gained independence.The first change came with the creation of the National Company Uzbektourism, which was founded under an executive order in 1992.The direct contribution of travel and tourism to the GDP in 2014 stood at 0.9 percent. It is forecast to increase by 3.9 percent in 2015. This primarily reflects the economic activity generated by industries such as hotels, travel agents, airlines and other passenger transportation services.The direct contribution of travel and tourism to the GDP is expected to grow by 6.1 percent (0.9 percent of GDP) by 2025.Tourism in Uzbekistan is traditionally associated with the cities of Samarkand, Bukhara and Khiva --objects of the UNESCO World Heritage.There are many types of tourism being offered in Uzbekistan: historical and cultural tourism, ethnic tourism, adventure tourism, ecological tourism and health tourism. NATO Days kick off in the Azerbaijani Armed Forces Politics Tue, 06 Oct 2015 12:58:00 +0500 On the order of Azerbaijani Defense Minister, Colonel General Zakir Hasanov, a group of experts from NATO Allied Command Transformation (ATC) organize the “NATO Days” in the Azerbaijani Armed Forces, the Defense Ministry said.The NATO delegation led by the chief of the military partnership department, Lieutenant General Ali Cetinkaya (Turkey) will visit the Military Academy of the Armed Forces of Azerbaijan, Higher Military School named after Heydar Aliyev and a training center, get acquainted with their activity, conduct briefings and discussions.The event will last until October 8./By AzerTac/