Today.Az http://www.today.az Covering Azerbaijan inside and outside http://www.today.az/images/logo_small.gif Today.Az http://www.today.az Azerbaijani oil prices up http://www.today.az/news/business/174227.html Business Tue, 25 Sep 2018 18:00:00 +0400 By  TrendThe price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $82.21 per barrel at the Italian port of Augusta on Sept. 24, or $1.85 more than on Sept. 21, a source in Azerbaijan's oil and gas market told Trend Sept. 25.The AZERI Light FOB Ceyhan oil price was $81.47 per barrel on Sept. 24, or $1.84 more than on Sept. 21.Azerbaijan has been producing AZERI LT since 1997 and exports it via the Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines, as well as by rail to the Georgian port of Batumi.Azerbaijan also exports URALS oil from Russia’s Black Sea port of Novorossiysk. The oil is delivered there via the Baku-Novorossiysk pipeline.The price for URALS-NOVO was $78.73 per barrel on Sept. 24, or $1.64 more than the previous price.The price for a barrel of Brent Dated, produced from the North Sea, stood at $80.91 on Sept. 24 or $2.11 more than the previous price. More state properties to be put up for sale http://www.today.az/news/business/174226.html Business Tue, 25 Sep 2018 17:48:00 +0400 By AzernewsBy Sara IsrafilbayovaThe State Committee on Property Issues of Azerbaijan will hold next auction on privatization of state property on October 23, where 170 state objects will be put up for sale.The auction will offer 91 small state enterprises, 47 non-residential areas, 23 joint-stock companies and nine vehicles.Twenty-nine of small state enterprises are located in Baku, the remaining – in Sumgayit, Shirvan, Mingachevir, Sabirabad and other cities and regions of the country.Joint-stock companies are located in Baku, Salyan, Ismayilli, Yevlakh and Beylagan.The portal for privatization – privatization.az, launched in July 2016, reflects all necessary information about the facilities, their addresses, location, and even initial cost and aims at facilitation of the process. The website is available in two languages - Azerbaijani and English. “Why Azerbaijan is special” section available on the website explains the reasons and advantages of investing in the country.The privatization process is designed to attract both foreign and local investors, as well as develop the business environment of Azerbaijan.Moreover, the State Committee on Property Issues held the first electronic auction on July 4, 2017.The “electronic auction” service, which is available on the website privatization.az, combines the privatization procedure of vehicles and equipment. In the future, it will be possible to privatize small state enterprises and facilities, joint-stock companies through electronic auction. Now, the corresponding work in programming is being implemented.The State Committee on Property Issues was established on May 19, 2009 on the basis of the relevant presidential decree.The main activities of the State Committee are the management of state property, attraction of investments, maintenance of a single cadastre of immovable property, maintenance of a land cadastre, organization of a land market, protection and improvement of land quality. Presidents of Turkey, Iran discuss regional issues http://www.today.az/news/regions/174225.html World news Tue, 25 Sep 2018 17:35:00 +0400 By  TrendTurkish President Recep Tayyip Erdogan and Iranian President Hassan Rouhani have discussed regional issues, Turkish media reported on Sept. 25.The meeting of the presidents took place in New York, where they arrived to participate in the session of the UN General Assembly.During the meeting, the presidents also discussed the strengthening of bilateral relations.The head of the Turkish intelligence Hakan Fidan and the Foreign Minister Mevlut Cavusoglu also took part in the talks.Other details of the meeting have not yet been reported. Canadian firms ready to invest in oil and gas companies of Kazakhstan http://www.today.az/news/regions/174224.html World news Tue, 25 Sep 2018 17:22:00 +0400 By  TrendA number of Canadian companies from the province of Alberta in Canada are ready to establish their subsidiaries in Kazakhstan and invest in the oil and gas and energy sector of the country, the Director General for Trade and Investment, Environment and Energy of Europe Branch of the Government of Alberta Laurent Auger said at the conference, Kazinform reported.The delegation from Canada has arrived in Almaty within the framework of the Kazakhstan International "KEOGE" - "Oil and gas" exhibition."Alberta is one of the 10 provinces in Canada where the oil, gas and energy sector is developed. This province is the third largest oil and gas production site in the world, using the latest technologies. We would like to show our capabilities in this industry, as well as to study Kazakhstan's experience in the framework of cooperation in this area. Probably, after studying the experience in the framework of the exhibition, our companies will want to open their offices in Kazakhstan," Laurent Auger said.Four years ago, Canadian oil producers have already opened their representations in Kazakhstan.The conference has been organized by the Canada Eurasia Russia Business Association (CERBA) in the framework of the meeting of the Kazakhstan-Canada Business Council (KCBC).Within the framework of the event, a Memorandum on cooperation in the energy and oil and gas sectors was signed with the Kazakhstan’s association of oil, gas and energy sector organizations "Kazenergy". Central Bank of Uzbekistan won't issue new banknote http://www.today.az/news/regions/174223.html World news Tue, 25 Sep 2018 17:03:00 +0400 By  TrendThe Central Bank of Uzbekistan (CBU) did not make a decision to issue a 100,000-soum banknote, the bank's press service announced referring to the joint press conference of the CBU and Qishloqqurilishbank.“If the country's economy needs such a bill, it will be released. There’s no such necessity for now, and all this is just rumors,” the CBU noted.Some Uzbek media outlets announced on Sept. 25 that a 100,000-soum banknote will be issued in the near future.Rumors about the new banknote began to spread as early as 2017.On Aug. 22, 2017, the CBU issued the new 50,000-soum banknotes. They are currently the largest banknote in the country.(8079.28 soums = 1 USD on Sept. 25) Azerbaijan establishing new medal http://www.today.az/news/politics/174222.html Politics Tue, 25 Sep 2018 16:44:00 +0400 By  TrendAzerbaijan is establishing a jubilee medal on the occasion of the 100th anniversary of state security and foreign intelligence bodies (1919-2019).In this regard, it is proposed to amend the “Law on the establishment of orders and medals.”The jubilee medal will be awarded to servicemen who achieved high results while on duty in the bodies of state security and foreign intelligence, and who distinguished themselves in defending Azerbaijan’s national interests from internal and external threats.The amendment is recommended for discussion at the plenary sessions of the Azerbaijani parliament on October 1 and October 5. Turkmen president signs pardon decree http://www.today.az/news/regions/174221.html World news Tue, 25 Sep 2018 16:38:00 +0400 By  TrendOn the occasion of the 27th anniversary of Turkmenistan’s independence (Sept. 27), Turkmen President Gurbanguly Berdimuhamedov signed a decree pardoning a number of convicts, the Altyn Asyr TV channel reported Sept. 25.Berdimuhamedov instructed the relevant agencies to take all measures to ensure that the pardoned in the near future be released from prisons and return to their homes and families, the Neutral Turkmenistan newspaper reported.“We create all conditions for people who repent of their misdeeds, so that they can honestly work to atone for their guilt and actively participate in ensuring the prosperity of the country,” the Turkmen president said.He also instructed to ensure the employment of those pardoned. Uzbekistan investing in health resort sector of Stavropol region of Russia http://www.today.az/news/regions/174220.html World news Tue, 25 Sep 2018 16:27:00 +0400 By  TrendThe official delegation of Uzbekistan has arrived in Stavropol region of Russia on a business mission, Podrobno.uz reported.During the visit, the members of the delegation led by the Head of the Administration (Governor) of Andijan region Shukhratbek Abdurakhmanov have met with the Governor of Stavropol (Russia) Vladimir Vladimirov.The governor of Stavropol noted that the cooperation of Stavropol region with Uzbekistan is developing. In particular, Uzbekistan makes investments in the sanatorium-and-health-resort complex of the region. For instance, a new pavilion in the "Uzbekistan" sanatorium in Kislovodsk city of Russia has begun functioning this year.The annual mutual trade turnover between the two sides exceeds $12 million. Industrial goods, fertilizers and agricultural products form the basis of export supplies of Stavropol to Uzbekistan.In turn, Stavropol buys cotton from Uzbekistan, as well as acquires cotton seeds for the development of cotton production and for the manufacture of light industry products.Vladimir Vladimirov also named promising areas for further development of cooperation - projects in the field of agriculture, food processing industry, tourism.Shukhratbek Abdurakhmanov in turn stressed the interest of the Andijan region in the use of Stavropol region’s experience in the area of development of the greenhouse industry, as well as in the expansion of trade cooperation between the two regions. OPEC's Barkindo calls for cooperation between OPEC and non-OPEC countries http://www.today.az/news/business/174219.html Business Tue, 25 Sep 2018 16:18:00 +0400 By  TrendSecretary-General Mohammad Barkindo called for cooperation between OPEC and non-OPEC countries on Tuesday, warning that failure to do so could lead to one crisis after another, Reuters reports.“It is important that OPEC and non-OPEC countries cooperate so that we do not fall from one crisis to another,” Barkindo said at an event organized by Spanish oil and gas company Cepsa in Madrid.Iranian Oil Minister Bijan Zanganeh said on Sunday he hoped decisions taken by the OPEC and non-OPEC ministerial committee would not be affected by comments made by the U.S. President Donald Trump on oil producers.Trump, in a tweet, has linked U.S. support for Middle Eastern countries to oil prices and has repeatedly urged OPEC to lower prices.OPEC and its allies reduced oil output in August as a drop in Iranian supply due to U.S. sanctions.Global energy demand is expected to grow by 33 percent to 2040, the Secretary General of the Organization of the Petroleum Exporting Countries, Barkindo said, citing the group’s long-term world oil outlook, released on Sunday.Oil would continue to have a predominant role in the energy mix for the foreseeable future, Barkindo said during a question and answer session. Iran minister urges activation of Iran-Azerbaijan joint border commission http://www.today.az/news/politics/174213.html Politics Tue, 25 Sep 2018 15:52:00 +0400 By  TrendIranian Interior Minister Abdolreza Rahmani Fazli called for the activation of Iran-Azerbaijan joint border commission to strengthen cooperation between the two countries in the sectors of border security.Tehran and Baku need to activate their joint border commission to increase cooperation to boost security at the two countries’ border areas, Rahmani Fazli said in a meeting with Azerbaijan's Interior Minister Ramil Usubov in Tehran, Tasnim news agency reported on September 25.He added that governors of Iranian and Azerbaijani border provinces could help and prepare the ground for boosting trade and investment between the two countries.“Iran attaches great importance to its ties with Azerbaijan,” the minister said.He also said a working group should be set to pursue agreements signed between the two countries.Usubov, for his turn, hailed the idea of the working group and said all deals should be fully implemented.He further said Baku will continue its trade ties with the Islamic Republic.Since US President Donald Trump pulled the US out of the accord in May, the United States re-imposed a first tranche of economic sanctions in August and is due to reintroduce sanctions on Iran's oil and gas industry on Nov. 4. Uzbekistan investing in health resort sector of Stavropol region of Russia http://www.today.az/news/regions/174212.html World news Tue, 25 Sep 2018 15:43:00 +0400 By  TrendThe official delegation of Uzbekistan has arrived in Stavropol region of Russia on a business mission, Podrobno.uz reported.During the visit, the members of the delegation led by the Head of the Administration (Governor) of Andijan region Shukhratbek Abdurakhmanov have met with the Governor of Stavropol (Russia) Vladimir Vladimirov.The governor of Stavropol noted that the cooperation of Stavropol region with Uzbekistan is developing. In particular, Uzbekistan makes investments in the sanatorium-and-health-resort complex of the region. For instance, a new pavilion in the "Uzbekistan" sanatorium in Kislovodsk city of Russia has begun functioning this year.The annual mutual trade turnover between the two sides exceeds $12 million. Industrial goods, fertilizers and agricultural products form the basis of export supplies of Stavropol to Uzbekistan.In turn, Stavropol buys cotton from Uzbekistan, as well as acquires cotton seeds for the development of cotton production and for the manufacture of light industry products.Vladimir Vladimirov also named promising areas for further development of cooperation - projects in the field of agriculture, food processing industry, tourism.Shukhratbek Abdurakhmanov in turn stressed the interest of the Andijan region in the use of Stavropol region’s experience in the area of development of the greenhouse industry, as well as in the expansion of trade cooperation between the two regions. Prices for precious metals rise in Azerbaijan http://www.today.az/news/business/174211.html Business Tue, 25 Sep 2018 15:26:00 +0400 By  TrendPrices for precious metals increased in Azerbaijan Sept. 25, according to the data published by the country’s Central Bank.The price of gold increased by 2.737 manats to 2,037.841 manats per ounce in the country on Sept. 25, compared to the price on Sept. 24.The price of silver increased by 0.0309 manats to 24.2225 manats per ounce.The price of platinum increased by 5.032 manats to 1,408.722 manats.Meanwhile, the price of palladium increased by 27.693 manats to 1,806.4455 manats in the country.Precious metalsSept. 25, 2018Sept. 24, 2018GoldXAU2,037.8412,035.104SilverXAG24.222524.1916PlatinumXPT1,408.7221,403.69PalladiumXPD1,806.44551,778.7525The precious metals are gold, silver, platinum and metals of platinum group (palladium, iridium, ruthenium, rhodium, osmium) brought to the highest fineness (999.9). The precious metals are sold as ingots, coins or powder and have the appropriate quality certificates.(1.7 AZN = 1 USD on Sept. 25) Azerbaijan's First VP Mehriban Aliyeva meets president of Italian Senate http://www.today.az/news/politics/174217.html Politics Tue, 25 Sep 2018 15:17:00 +0400 By  TrendFirst Vice-President of the Republic of Azerbaijan Mehriban Aliyeva has met with President of the Senate of the Italian Republic Maria Elisabetta Alberti Casellati. Azerbaijan starts production of new aerial bomb http://www.today.az/news/politics/174216.html Politics Tue, 25 Sep 2018 15:14:00 +0400 By  TrendAzerbaijan has started production of a new aerial bomb.The weight of the QFAB-250 LG high explosive aerial bomb is 250 kilograms.The flight distance of the laser-guided aerial bomb is 12,000 meters, its fragmentation radius is 10 meters, its length is 3,300 millimeters, and diameter is 240 millimeters.Jointly produced with Turkish company Aselsan, the aerial bomb will be handed over for usage after testing.The 3rd Azerbaijan International Defense Exhibition ADEX 2018 has launched at the Baku Expo Center.This year, 224 companies from 29 countries take part in ADEX.The exhibition features 11 national stands from Azerbaijan, China, France, Iran, Israel, Russia, Serbia, Turkey, Belarus, Ukraine, Pakistan, representing leading companies from these countries.Many countries have expanded the area of their national expositions; the top four with the largest number of companies represented are Turkey (41 companies), Russia (25 companies), Israel (14 companies) and Belarus (10 companies).The exhibition will run until September 27. This is an excellent platform to showcase the latest weapons and to conclude new agreements on international military-technical cooperation. Azerbaijan urges ECO members to prevent attempts of attracting in economic activities in ... http://www.today.az/news/politics/174210.html Politics Tue, 25 Sep 2018 15:14:00 +0400 By AzernewsBy Rashid ShirinovBy endangering regional security and stability and impeding full-scale regional cooperation, Armenia continues to occupy 20 percent of Azerbaijan’s internationally recognized territories, Azerbaijani Foreign Minister Elmar Mammadyarov said on September 25.He made the remarks at an informal meeting of the Council of Ministers of the member states of the Economic Cooperation Organization (ECO) in New York.Mammadyarov noted that Armenia, continuing its aggressive policy, is trying to involve other countries by attracting business, trade and investment to the occupied territories of Azerbaijan.“It is very important for our cooperation that all countries are informed about these intentions of Armenia, and refuse any involvement – whether in social, economic or cultural spheres – in the activities in the occupied Azerbaijani lands,” the foreign minister said.He called on all ECO member states to prevent any attempts of attracting in trade, economic and investment activities in the occupied Azerbaijani territories and with the regime there.“The withdrawal of the Armenian armed forces from the occupied Azerbaijani territories and the return of refugees and internally displaced persons to their homes, along with contributing to peace and security in the South Caucasus region, will also strengthen large-scale cooperation within the region,” Mammadyarov stressed.Any business, economic, research or other kind of activity in Nagorno-Karabakh and other Azerbaijani regions occupied by Armenia are illegal and the country takes necessary measures against those who are engaged in such activities. Moreover, unauthorized visits to the occupied Azerbaijani territories are also considered illegal and individuals who pay such visits are included in the Azerbaijani Foreign Ministry’s list of undesirable persons.Armenia broke out a lengthy war against Azerbaijan by laying territorial claims on the country. Since a war in the early 1990s, Armenian armed forces have occupied 20 percent of Azerbaijan's territory, including Nagorno-Karabakh and seven surrounding regions. More than 20,000 Azerbaijanis were killed and over 1 million were displaced as a result of the large-scale hostilities.To this day, Armenia has not implemented four UN Security Council resolutions on withdrawal of its armed forces from the Nagorno-Karabakh and surrounding regions. President Aliyev views Azerbaijan International Defense Exhibition ADEX 2018 http://www.today.az/news/politics/174215.html Politics Tue, 25 Sep 2018 15:13:00 +0400 By  TrendPresident of the Republic of Azerbaijan Ilham Aliyev has viewed the 3rd Azerbaijan International Defense Exhibition ADEX 2018 at the Baku Expo Center.Azerbaijan’s Defense Minister Zakir Hasanov and Deputy Minister of Defense Industry Yahya Musayev informed the president of the exhibition.ADEX 2018 brings together 224 companies from 29 countries. Many countries have expanded the area of their national expositions: the top four with the largest number of companies represented are Turkey (41 companies), Russia (25 companies), Israel (14 companies) and Belarus (10 companies).Azerbaijan’s Ministry of Defense Industry and its related organizations and plants, and Azerbaijan National Agency for Mine Action (ANAMA) actively participate in the exhibition.During the exhibition, the industry professionals will be able to get acquainted with new products of Azerbaijan’s defense industry and witness both the current and growing capabilities of the Armed Forces of Azerbaijan.This year’s newcomers to the event from Azerbaijan are the Ministry of Transport, Communications and High Technologies, Caspian Shipbuilding Company, the science and technology company Vitta, High Tech Park (ANAS), Service Center for Armament and Military Equipment of Air Defense.President Aliyev viewed pavilions of the exhibition. D'ACCORDO ensemble to perform in Russia http://www.today.az/news/entertainment/174209.html Arts & Entertainment Tue, 25 Sep 2018 14:50:00 +0400 By AzernewsBy Laman IsmayilovaThe baroque ensemble D'ACCORDO will take part in the 9th International Festival of Chamber Artists and Ensembles "Silver Lira" to be held from October 26 to November 2 in St. Petersburg.The ensemble will introduce listeners to the vocal and instrumental works of Monteverdi, Vivaldi, Corelli, Lully, Purcell, Handel, Pretorius, Boccherini, Falconieri and other composers of that brilliant era. D'ACCORDO includes Honored artists Farida Mamedova (soprano) and Ilham Nazarov (countertenor), Ilaha Sadikhzade (harpsichord, drums) and Eyyub Aliyev (cello), as well as Elina Aliyeva (violin), Lala Miralayeva (violin), Ziba Rajabli (viola), Esmer Kerimli (cello), Nijat Salmanov (flute), Rovshan Mammadov (guitar).Created in 2016, the ensemble D'ACCORDO became the first collective in Azerbaijan practicing the historical manner of performing Baroque and Renaissance music. The repertoire of the ensemble is quite extensive and includes works of various composers of the 15th-17th centuries. The ensemble successfully performs at various international festivals.The Ninth International Festival of Chamber Artists and Ensembles "Silver Lira" embraces eight concerts, showcasing talented chamber music artists from seven countries - Austria, Azerbaijan, Hungary, the Netherlands, Serbia, the USA and Russia. Two concerts - the opening and closing of the festival - will be held in the Grand Hall of the St. Petersburg Philharmonia named after D.D. Shostakovich, and the other six concerts - in the Small Hall named after M.I. Glinka. Armenian leadership resorts to further provocative actions http://www.today.az/news/politics/174208.html Politics Tue, 25 Sep 2018 14:38:00 +0400 By AzernewsBy Rashid ShirinovThe military-political leadership of Armenia resorts to further provocative actions aimed at aggravating the situation on the contact line of the Azerbaijani and Armenian armed forces, Azerbaijani Defense Ministry said in a statement on September 25.“The information disseminated by the enemy on the conduct of training flights in the occupied territories of Azerbaijan with the involvement of military aviation is a clear proof of this,” the statement noted.The ministry pointed out that any enemy aircraft that would attempt to approach the advanced positions of the Azerbaijani Army units will be immediately neutralized. All responsibility for possible losses falls on the military-political leadership of Armenia, the statement says.Armenia broke out a lengthy war against Azerbaijan by laying territorial claims on the country. Since a war in the early 1990s, Armenian armed forces have occupied 20 percent of Azerbaijan’s territory, including Nagorno-Karabakh and seven surrounding regions. More than 20,000 Azerbaijanis were killed and over 1 million were displaced as a result of the large-scale hostilities.To this day, Armenia has not implemented four UN Security Council resolutions on withdrawal of its armed forces from the Nagorno-Karabakh and surrounding regions. Monitoring to be held on line of contact between Azerbaijani, Armenian troops http://www.today.az/news/politics/174207.html Politics Tue, 25 Sep 2018 14:24:00 +0400 By  TrendOn 26 September 2018, the Office of the Personal Representative of the OSCE Chairperson-in-Office, in accordance with its mandate, plans to conduct the next ceasefire monitoring exercise on the Azerbaijan and Armenia state border in the direction of Gadabay region.The Personal Representative's field assistants Ognjen Jovic and Simon Tiller will carry out the monitoring exercise from the territory of Azerbaijan.The Personal Representative's field assistants Ghenadie Petrica and Mihail Olaru will carry out the monitoring from the other side of the border.The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.The 1994 ceasefire agreement was followed by peace negotiations. Armenia has not yet implemented four UN Security Council resolutions on withdrawal of its armed forces from the Nagorno-Karabakh and the surrounding districts. Some 735 people receive Turkmen citizenship http://www.today.az/news/regions/174206.html World news Tue, 25 Sep 2018 14:15:00 +0400 By  TrendThe President of Turkmenistan Gurbanguly Berdimuhamedov has signed a decree "On the reception into the citizenship of Turkmenistan”, the "Neutral Turkmenistan" newspaper wrote Sept. 25.In accordance with the document, 735 people permanently residing in Turkmenistan, who do not have citizenship and are representatives of different nationalities, have become citizens of the country.The relevant agencies have been instructed to facilitate the employment and housing of new citizens of Turkmenistan, if necessary. The Ministry of Foreign Affairs, the Ministry of Internal Affairs and the State Migration Service of Turkmenistan have also been instructed to continue work on the registration of documents of stateless persons who have applied for citizenship of Turkmenistan, with subsequent submission of relevant proposals.In the period between 2011 and 2017, 8,145 people were admitted to the citizenship of Turkmenistan on the grounds of relevant decrees of the head of state. Heydar Aliyev Center to host closing of Uzeyir Hajibeyli Int’l Music Festival http://www.today.az/news/entertainment/174205.html Arts & Entertainment Tue, 25 Sep 2018 14:00:00 +0400 By AzernewsBy Laman IsmayilovaA closing ceremony of the 10th Uzeyir Hajibeyli International Music Festival will be held at Heydar Aliyev Center on September 26.The concert program will feature the People's Artist of Russia, the State Prize laureate, violoncellist Sergei Roldugin, the laureate of international competitions, the famous violinist Pavel Milyukov and the Azerbaijan State Symphony Orchestra named after Uzeyir Hajibeyli under the direction of the Honored Artist of Azerbaijan, Eyyub Guliyev.The concert program includes rarely performed symphonic and instrumental works - S. Prokofiev's First Violin Concerto, J. Brahms's Double Concerto for Violin, Cello and Orchestra, K. Sen-Sans's 1st Cello Concerto and orchestral works by A. Borodin.The festival is co-organized by the Heydar Aliyev Foundation and the Azerbaijan Ministry of Culture. The closing ceremony is supported by the Association of Lawyers of the Black Sea and Caspian Region.Notably, Sergei Roldugin is the artistic director of the St. Petersburg House of Music created on his initiative. He is known for having initiated the renovation of the decayed Alexis Palace as a music school.In 2011, for his great contribution to the national musical art and the training of musical and pedagogical personnel, he was awarded the Order of Honor.As a soloist he collaborates with the orchestra of the Moscow, Novosibirsk, St. Petersburg, Samara Philharmonic, the St. Petersburg Capella orchestra.Sergei Roldugin takes part in the leading music festivals. He has performed with concerts in Russia and Europe.Pavel Milyukov is a laureate of many international competitions in Russia, Germany, Greece, Hungary, France,South Korea etc.He has collaborated with well-known conductors such as Valery Gergiev, Vladimir Fedoseyev, Maxim Fedotov, Yuri Simonov, Mikhail Pletnyov, Robert Canetti, as well as with leading Russian orchestras: the Bolshoi Symphony Orchestra. P.I. Tchaikovsky Symphony Orchestra, the Mariinsky Theater Symphony Orchestra, the Moscow State Academic Symphony Orchestra, the Moscow Philharmonic Orchestra, the Sverdlovsk Philharmonic Orchestra. He also performed together with the Swedish brass band and the Baltic Youth Orchestra.The 10th Uzeyir Hajibeyli International Music Festival started on September 18 once again brings together the world-renowned musicians from Azerbaijan, Russia, the U.S., Turkey, Italy and Slovakia.The birthday of legendary composer Uzeyir Hajibeyli (September 18) is celebrated as National Music Day in Azerbaijan since 1995. The International Music Festival is organized yearly to honor creativity of the world-famous composer.According to tradition, annually on this day outstanding performers, orchestras from many countries gather in Baku to demonstrate their skills, performing in the best concert halls of the capital.The festival is supported by the Heydar Aliyev Foundation and the Ministry of Culture.The event program is incredibly diverse and includes not only concerts of famous music groups, but also creative evenings, conferences and much more.Uzeyir Hajibeyli’s outstanding musical talent started a revolution in the Azerbaijani musical timeline. He was the very musician to introduce an extraordinary innovation in the nation's music culture, to constantly refresh it, and adjust to modern tastes. He was a founder of an opera genre not only in Azerbaijan, but the East and created the first Muslim opera in the Islamic world.His unique synthesis of Oriental and Western music significantly promoted the classical music traditions in the East and opened a page of classical music patterns.The unique composer was brave enough to explore blending two incompatibly different cultures at root and achieve an unprecedented synthesis.History recognizes Hajibeyli as an innovator as well as the first to establish a professional music school and Orchestra for Traditional Folk Instruments, to compose the Muslim world’s first opera and operetta, to introduce a woman on stage, to write the country’s national anthem (which is the official anthem of Azerbaijan today), to be awarded the highest artistic title of the Soviet Union.Through his music as well as work as a journalist, teacher, and translator, Hajibeyli played a vital role in the fight against illiteracy and helped usher in a cultural shift, launching a period of enlightenment that transcended Azerbaijan’s borders and reached many others in the Eurasia region. Azerbaijan defense exhibition ADEX 2018 opens in Baku http://www.today.az/news/politics/174218.html Politics Tue, 25 Sep 2018 13:50:00 +0400 By  TrendThe 3rd Azerbaijan International Defense Exhibition ADEX 2018 has launched at the Baku Expo Center.Assistant to the Azerbaijani President for Work with Law Enforcement Bodies and Military Issues, Department Head Fuad Alasgarov, Defense Minister Zakir Hasanov, Deputy Minister of Defense Industry Yahya Musayev and other officials attended the opening ceremony.This year, 224 companies from 29 countries take part in ADEX.The exhibition features 11 national stands from Azerbaijan, China, France, Iran, Israel, Russia, Serbia, Turkey, Belarus, Ukraine, Pakistan, representing leading companies from these countries.Many countries have expanded the area of their national expositions; the top four with the largest number of companies represented are Turkey (41 companies), Russia (25 companies), Israel (14 companies) and Belarus (10 companies).During the exhibition, the industry professionals will be able to get acquainted with new products of Azerbaijan’s defense industry and witness both the current and growing capabilities of the Armed Forces of Azerbaijan.The exhibition will run until September 27. This is an excellent platform to showcase the latest weapons and to conclude new agreements on international military-technical cooperation.Trend presents photos from the 3rd Azerbaijan International Defense Exhibition ADEX 2018. F1 could implement four-part qualifying format in 2019 http://www.today.az/news/sports/174204.html Sports Tue, 25 Sep 2018 13:47:00 +0400 By  Azertac Formula 1`s usual Saturday afternoon qualifying session could be tweaked for 2019 and divided up into four segments instead of three, according to f1i.com.Currently, five drivers are eliminated at the end of Q1 and Q2, leaving a final shootout of ten drivers to dispute pole.However, according to Germany`s Auto Motor und Sport, next year`s grid-defining session could change see four drivers dropped at the end of three segments, therefore leaving just eight drivers to fight for pole position.The change, promoted by Liberty Media, is destined to instill more tension into the session. It is not known however if the latter`s duration would increase or remain the same at 60 minutes.The current sporting regulations state that the top ten drivers in Q1 must start their race on the tyre compound used to set their fastest time in Q2.However, the rule has often been criticized in the past, with midfield runners sometimes purposely avoiding competing for Q1 in order to enjoy a freedom of tyre choice for Sunday, so this could perhaps also be the subject of change in the near future.AMUS also reported that no change to the championship points system is foreseen by Formula 1. Tajikistan becomes Chairman of CICMA http://www.today.az/news/regions/174202.html World news Tue, 25 Sep 2018 13:36:00 +0400 By  TrendThe chairmanship of the Conference on Interaction and Confidence-building Measures in Asia (CICMA) has moved from China to Tajikistan, Sputnik Tajikistan reported, citing the press service of the Ministry of Foreign Affairs of Kazakhstan.As part of the 73rd session of the UN General Assembly, a special meeting of Foreign Ministers of the CICMA member states has been held, the message says."During the meeting, the ceremony of transferring the chairmanship of the CICMA from the People's Republic of China (2014-2018) to the Republic of Tajikistan (2018-2020) has been held. Khabibollo Mirzoyev has been appointed the new Executive Director of the Secretariat, whose candidacy has been unanimously supported by all 27 member countries of the CICMA", the message says.The Minister of Foreign Affairs of Kazakhstan Kairat Abdrakhmanov expressed gratitude to the PRC and the retiring Executive Director Gong Jianwei for their support and contribution to the development of the CICMA process. He reminded that during the Chinese chairmanship, a new and important phase of the Conference had begun, with the purpose to ensure sustainable security and cooperation in Asia.The foreign minister also focused on the issue of expansion of the CICMA during the Chinese chairmanship through accession to its membership in July 2018 of the 27th member - Sri Lanka."The minister drew special attention of participants of the meeting to the initiative of the President of Kazakhstan Nursultan Nazarbayev on the establishment on the basis of the Conference of the Organization for Security and Development in Asia and called for further discussion of this issue at the expert level," the press release reads.The establishment of CICMA was initiated by Nazarbayev on October 5, 1992. The CICMA is an inter-state forum for dialogue, consultation, decision-making and implementation of measures based on consensus in order to solve the security problems in Asia. To date, the 27 Asian states are members of the CICMA, the eight countries and five international organizations have the status of observers at the Conference. YARAT Contemporary Art Space invites you to art event http://www.today.az/news/entertainment/174201.html Arts & Entertainment Tue, 25 Sep 2018 13:24:00 +0400 By AzernewsBy Laman IsmayilovaYARAT Contemporary Art Space will host the next event within the framework of the project " Through eyes of artists" on September 28.The art event will be dedicated to the creativity of prominent representative of Azerbaijan painting school Boyukagha Mirzazade.The artist's daughter, art critic Ofeliya Mirzazade will speak about the life and creativity of the artist, his pedagogical activity,diverse themes and genres.At the meeting, which will be held in a dialogue format, the guests will be told about the great moments of Boyukagha Mirzazade's life and creativity.The event participants will also be able to get acquainted with the works of the great portrait master.It should be noted that Boyukagha worked in different genres. The artist's works are kept in museums and galleries of many foreign countries, as well as in private collections.YARAT is a not-for-profit organization dedicated to nurturing an understanding of contemporary art in Azerbaijan and to creating a platform for Azerbaijani art, both nationally and internationally. Based in Baku, YARAT (meaning CREATE in Azerbaijani) was founded by Aida Mahmudova in 2011.It realizes its mission through an on-going program of exhibitions, education events and festivals. YARAT facilitates exchange between local and international artistic networks including foundations, galleries and museums.YARAT comprises YARAT Art Centre, ARTIM Project Space, YARAT Studios, YAY Gallery and an extended educational and public programme.  Coordination group established under Azerbaijan's Agency for Development of SMEs http://www.today.az/news/business/174200.html Business Tue, 25 Sep 2018 13:04:00 +0400 By  TrendA permanent coordination group has been established under the Agency for Development of Small and Medium-Sized Enterprises (SMEs) of Azerbaijan.The decision was made by the Cabinet of Ministers of Azerbaijan with the aim of implementing paragraph 6.14 of the decree of the President of Azerbaijan, Ilham Aliyev, "On ensuring the activities of the Agency for Development of Small and Medium-Sized Enterprises" dated June 26, 2018.According to the decree, the task of the Coordinating Group will be to coordinate the business development policy, ensure the efficiency and effectiveness between state institutions and the agency while providing services to SMEs.The Agency for Small and Medium Business Development of Azerbaijan was established on the basis of the decree on improvement of management in the field of small and medium-sized businesses signed by President Ilham Aliyev in December 2017.According to the decree, SMEs houses will be created around the country, which will be controlled by the agency. The SMEs houses will provide a number of services, including training, consulting, information, financial and other services. Junior wrestlers fourth at World Championships http://www.today.az/news/sports/174199.html Sports Tue, 25 Sep 2018 12:58:00 +0400 By AzernewsBy Naila HuseynliNational team won four medals at the World Junior Wrestling Championships ended in Trnava, Slovakia on September 23.Azerbaijani freestyle wrestlers scored 91 points and took fourth place. The national team, which attended championship with 10 wrestlers, grabs four medals under the leadership of senior coach Saypulla Absaidov and coach Rovshan Hajiyev.  Hajimurad Hajiyev (70 kg) captured gold medal, Abubakr Abakarov (74 kg) won silver, and Orkhan Abasov (79 kg) and Askhab Hamzatov (92 kg) claimed bronze medals.Hajimurad stopped Russia from winning next gold medal, passing Razambek Zhamalov, 4-3 in the 70kg finals. Hajiyev trailed 3-0 and scored four unanswered points to win his first junior world gold medal.Russia held first place with 182 points, the U.S.ranks second with 115 points, and Iran took third place with 98 points.Wrestling remains the most popular sport in the country and is overseen by the National Wrestling Federation, which was established in 1993.The Rio Games opened a new page in wrestling for Azerbaijan. The country became one of only two nations ever to increase the number of medals achieved in five consecutive Games.Azerbaijan left Rio de Janeiro with a total of 18 medals. Nine of these medals were distributed to the Azerbaijani team in wrestling. Azerbaijani army starts competition for title of best tank company http://www.today.az/news/politics/174196.html Politics Tue, 25 Sep 2018 12:43:00 +0400 By  TrendIn line with the combat training plan for 2018, approved by Azerbaijan's Defense Minister Zakir Hasanov, the Azerbaijani army started the competition for the title of "The Best Tank Company", Azerbaijan's Defense Ministry said in a message Sept. 24.The purpose of the competition is to improve combat skills and increase the professionalism of military personnel.The jury commission, established to calculate and assess the results, will evaluate the tactical and physical training of the crews participating in the competitions, as well as their skills in shooting and driving.At the end, the winners of "The Best Tank Company" competition will be awarded.     Baku’s economic integration in SCO beneficial for transit countries- Russia and Azerbaijan http://www.today.az/news/politics/174195.html Politics Tue, 25 Sep 2018 12:27:00 +0400 By  TrendThe raising of the status of Azerbaijan in the Shanghai Cooperation Organization (SCO) from the dialogue partner to the observer will raise the cooperation of Baku with this authoritative international organization to a new qualitative level, well-known Russian political analyst, associate professor of the Institute of World Civilizations Vitaly Zhuravlev told Trend.Zhuravlev was commenting on the consideration of the issue of getting an observer status by Azerbaijan in the SCO.According to the information spread by the Azerbaijani Foreign Ministry, the issue of obtaining an observer status by Azerbaijan is expected to be considered at the meeting of the Council of Foreign Ministers of the SCO member-states.This was announced at a recent meeting between Azerbaijani Foreign Minister Elmar Mammadyarov and SCO Secretary General Rashid Alimov in China.“This is good news in many respects,” he said. "Today the SCO is the leading organization that deals with the issues of Eurasian integration. When talking about Eurasian integration, first of all, economic integration that is developed around the "silk roads" designed to establish partnership between China and the countries of Europe and the Middle East is implied.”“However, this is beneficial for all transit countries, including the Russian Federation and Azerbaijan,” Zhuravlev said. “The appropriate infrastructure is being created, investments are being made, new jobs, various new projects are appearing, trade relations are being strengthened, etc. All this leads to the formation of a huge market, which includes finance, human resources, information, humanitarian contacts."“Azerbaijan will receive certain additional economic prospects, by participating through the SCO in the Eurasian integration,” he said."The second dimension of the SCO is the issues covering regional security,” Zhuravlev said. “There is clear understanding that political stability is required for the development of socio-economic processes, so the issues of combating religious extremism, separatism, and some external negative threats in terms of security are the most important task of the SCO. In this context, Azerbaijan's participation can be viewed as the extension of the zone of stability for the SCO and Azerbaijan itself."“It is difficult to predict exactly how this will affect the settlement of the Armenia-Azerbaijan Nagorno-Karabakh conflict, but it is clear that this will be only a positive factor,” Zhuravlev added.“This conflict situation must somehow be resolved,” he said. “It is already too protracted and the SCO can also play a positive role here. The third dimension of Azerbaijan's participation in the SCO is geopolitical. Presently, we all observe the struggle for spheres of influence. The Syrian war can be cited as an example.”“Of course, membership in the SCO does not automatically mean that Baku has embarked on a military alliance with Moscow and Beijing, but potentially, proceeding from the fact that new geopolitical configurations are created in the world, cooperation with the SCO is a certain prerequisite,” Zhuravlev said. “This means that Baku can receive certain guarantees of loyalty from the SCO in case of pressure from the West.”“But these are only the potential possibilities of such a course of events,” he added. “If we continue to consider the geopolitical configuration scenarios, one can assume the Beijing-Moscow-Tehran-Ankara-Baku format. Of course, there are certain contradictions among the countries on different issues, but, in principle, there is logic in this format.”“It can also be assumed that Baku's steps to strengthen cooperation with the SCO will cause criticism from politicians of Western countries, various pro-Western structures in Azerbaijan itself, as well as fundamental religious organizations, but this must be taken as an inevitable reaction of ideologically motivated opponents of Eurasian integration," Zhuravlev said.“As for Moscow's position on intensification of Baku's participation in the SCO, it will be positive, especially taking into account that confrontation with the West has not left the Kremlin any other choice but to work on the Eurasian direction and, accordingly, to promote the all-round development of the SCO,” he added. GM Uzbekistan announces $124 discount http://www.today.az/news/regions/174194.html World news Tue, 25 Sep 2018 12:11:00 +0400 By  TrendGM Uzbekistan launched a new campaign whereby buyers of Spark cars will receive a discount of 1 million soums (about $124), Podrobno.uz reported."On the eve of the day of teachers and mentors, GM Uzbekistan launches a special campaign together with dealers. Now, when buying a Spark R2 Optimum A/T car in showrooms across the country, each customer receives a gift discount of 1 million soums. The campaign begins September 26 and will last until November 10," the company noted.Another interesting offer is discounts on car loans when buying Spark cars."The InfinBank JSCB, the official partner of GM Uzbekistan, offers preferential terms on car loans in the branches of the bank when buying a Spark R2 Optimum A/T car," the company announced. President Ilham Aliyev receives delegation led by European Investment Bank vice-president http://www.today.az/news/politics/174203.html Politics Tue, 25 Sep 2018 12:08:00 +0400 By  TrendPresident of the Republic of Azerbaijan Ilham Aliyev has received a delegation led by Vice-President of the European Investment Bank Vazil Hudak. Azerbaijan, Montenegro mull military co-op http://www.today.az/news/politics/174193.html Politics Tue, 25 Sep 2018 11:56:00 +0400 By  TrendAzerbaijan's Defense Minister Colonel General Zakir Hasanov has met with a delegation led by the Minister of Defense of the Republic of Montenegro Predrag Boskovic, the Azerbaijani Defense Ministry said in a message on Sept. 24.The delegation arrived in Azerbaijan to participate in the 3rd Azerbaijan International Defense Exhibition ADEX 2018.During the meeting, the sides expressed satisfaction with the development of bilateral relations between the countries and stressed the great potential for expanding cooperation between Azerbaijan and Montenegro in many areas, including in the military sphere.Underlining the importance of the visit of the Montenegrin Minister of Defense to Baku with a delegation to participate in the 3rd Azerbaijan International Defense Exhibition ADEX 2018, Colonel General Hasanov noted that this would be a new impetus to the development of military cooperation between Azerbaijan and Montenegro.In his turn, Boskovic, noting that relations between Azerbaijan and Montenegro are based on friendly relations, and his country is an essential partner of Azerbaijan, especially emphasized the importance of such meetings in terms of expanding bilateral relations, as well as cooperation in the military sphere.Then, the sides held an extensive exchange of views on issues of international and regional security, as well as the prospects for the development of bilateral military cooperation. Agenda of 9th Russia-Azerbaijan interregional forum disclosed http://www.today.az/news/business/174192.html Business Tue, 25 Sep 2018 11:44:00 +0400 By  TrendThe 9th Russia-Azerbaijan interregional forum will be held in Baku on Sept. 27, the Roscongress Foundation said in a message Sept. 24.Azerbaijani Minister of Economy Shahin Mustafayev and Russian Minister of Economic Development Maxim Oreshkin will attend the forum.The event will be aimed at the intensification of ties between the regions of the countries.The event is aimed at the development of trade, economic and humanitarian ties between the regions of the two countries and will become a platform for joint work of Russia and Azerbaijan, including the extraordinary and plenipotentiary ambassadors of both countries, representatives of the business community and experts.Heads of six regions, namely, Arkhangelsk, Astrakhan and Novgorod regions, Stavropol, as well as Dagestan and Udmurtia are planned to participate in the event from the Russian side.The program of the event includes a plenary session where ministers Maxim Oreshkin and Shahin Mustafayev, diplomats, heads of business associations and heads of a number of Russian regions will deliver speeches.The program also includes an expanded meeting of the Azerbaijan-Russia and Russia-Azerbaijan business councils, as well as a series of round table meetings titled ‘Industry: prospects of bilateral cooperation’, ‘Development of cooperation in tourism’, ‘Development of cooperation in agrarian sphere’, ‘Cooperation on small and medium businesses’, ‘Strengthening cooperation in the humanitarian sphere’, ‘Strengthening cooperation in transport and transit’ and ‘Prospects of cooperation in development of women's entrepreneurship’.The event is traditionally organized by the Russian Ministry of Economic Development jointly with the Azerbaijani Ministry of Economy with the support of the Roscongress Foundation. Turkey, UN reaffirm determination to strengthen cooperation http://www.today.az/news/regions/174191.html World news Tue, 25 Sep 2018 11:32:00 +0400 By  TrendTurkish President Recep Tayyip Erdogan and UN Secretary General Antonio Guterres confirmed their determination to further strengthen cooperation between Turkey and the United Nations, Turkish media reports Sept. 25.The meeting between Guterres and Erdogan, who earlier left for the United States for the 73rd session of the UN General Assembly, was held in New York.Along with the situation around Syria, a number of global and regional issues were discussed during the meeting.Turkish president also met with Iranian President Hassan Ruhani and Japanese Prime Minister Shinzo Abe. President Ilham Aliyev receives delegation led by Bulgarian deputy prime minister http://www.today.az/news/politics/174198.html Politics Tue, 25 Sep 2018 11:18:00 +0400 By  TrendPresident of the Republic of Azerbaijan Ilham Aliyev has received a delegation led by Deputy Prime Minister for Public Order and Security and Minister of Defense of Bulgaria Krasimir Karakachanov. Uzbekistan, Cuba eye to develop co-op in tourist sector http://www.today.az/news/regions/174190.html World news Tue, 25 Sep 2018 11:17:00 +0400 By  TrendUzbek Foreign Minister Abdulaziz Kamilov received the Deputy Minister of Foreign Affairs of Cuba Ana Teresita Gonzalez Fraga on Sept. 24, 2018, Uzbek media reported.According to the Uzbek Foreign Ministry's press service, the Cuban delegation arrived in Tashkent on a working visit.During the meeting, the diplomats discussed the state of bilateral relations. They noted an interest in deepening the Uzbek-Cuban dialogue in various areas of mutual interest.Despite the geographical distance, Uzbekistan and Cuba are ready to develop economic ties, using the high potential and real opportunities of both countries.During the meeting, the diplomats also exchanged views on the prospects for expanding tourist, cultural and humanitarian exchanges on a mutually beneficial basis.On the same day, the Foreign Ministry hosted the first round of inter-MFA political consultations. Cuban Ambassador Alfredo Nieves Portuando took part in the negotiations. Karabakh conflict poses threat to regional peace: Pakistani FM http://www.today.az/news/politics/174189.html Politics Tue, 25 Sep 2018 10:51:00 +0400 By  TrendPakistan has reaffirmed its support to Azerbaijan in the Nagorno-Karabakh conflict, Associated Press of Pakistan reported.Pakistan’s Foreign Minister Shah Mahmood Qureshi, who spoke at the OIC Contact Group meeting on “the Aggression of the Republic of Armenia against the Republic of Azerbaijan”, said the unresolved conflict posed a serious threat to regional peace and security.Besides Pakistan, the meeting was also attended by foreign ministers and senior officials from Turkey, Azerbaijan, Gambia, Djibouti, Morocco and Saudi Arabia.In his remarks, Qureshi reiterated Pakistan’s support to the principled position of Azerbaijan on the Nagorno-Karabakh conflict.He said that Pakistan’s position on the issue remains unchanged and was based on the principles established by the UN Security Council resolutions.The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.The 1994 ceasefire agreement was followed by peace negotiations. Armenia has not yet implemented four UN Security Council resolutions on withdrawal of its armed forces from the Nagorno-Karabakh and the surrounding districts. Armenia violates ceasefire with Azerbaijan 82 times http://www.today.az/news/politics/174197.html Politics Tue, 25 Sep 2018 10:43:00 +0400 By  TrendOver the past 24 hours, Armenian armed forces have 82 times violated the ceasefire along the line of contact between Azerbaijani and Armenian troops, the Azerbaijani Defense Ministry said Sept. 25.Armenian armed forces were using heavy machine guns.The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.The 1994 ceasefire agreement was followed by peace negotiations. Armenia has not yet implemented four UN Security Council resolutions on withdrawal of its armed forces from the Nagorno-Karabakh and the surrounding districts. Currency rates for Sept. 25 http://www.today.az/news/business/174188.html Business Tue, 25 Sep 2018 10:35:00 +0400 By  TrendOfficial exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.996 manats, respectively, for Sept. 25.Below are the rates of Azerbaijani manat against world currencies, according to the data from the Central Bank of Azerbaijan for Sept. 25.CurrenciesSeptember 25, 20181 US dollar1 USD1.71 euro1 EUR1.9961 Australian dollar1 AUD1.23051 Argentine peso1 ARS0.0456100 Belarus rubles100 BYR0.81691 Brasil rial1 BRL0.41561 UAE dirham1 AED0.46281 South African rand1 ZAR0.1183100 South Korean won100 KRW0.15181 Czech koruna1 CZK0.07791 Chilean peso1 CLP0.25361 Chinese yuan1 CNY0.24771 Danish krone1 DKK0.26761 Georgian lari1 GEL0.64891 Hong Kong dollar1 HKD0.21761 Indian rupee1 INR0.02331 British pound1 GBP2.2275100 Indonesian rupiah100 IDR0.0114100 Iranian rials100 IRR0.0041 Swedish krona1 SEK0.19321 Swiss franc1 CHF1.75921 Israeli shekel1 ILS0.47461 Canadian dollar1 CAD1.31131 Kuwaiti dinar1 KWD5.61541 Kazakh tenge1 KZT0.00481 Kyrgyz som1 KGS0.0247100 Lebanese pounds100 LBP0.11221 Malaysian ringgit1 MYR0.41111 Mexican peso1 MXP0.08961 Moldovan leu1 MDL0.1011 Egyptian pound1 EGP0.09491 Norwegian krone1 NOK0.2088100 Uzbek soums100 UZS0.0211 Polish zloty1 PLN0.46391 Russian ruble1 RUB0.02581 Singapore dollar1 SGD1.24421 Saudi riyal1 SAR0.45331 SDR (Special Drawing Rights of IMF)1 SDR2.38731 Turkish lira1 TRY0.27581 Taiwan dollar1 TWD0.05541 Tajik somoni1 TJS0.18041 New Turkmen manat1 TMM0.48571 Ukrainian hryvna1 UAH0.0606100 Japanese yen100 JPY1.50621 New Zealand dollar1 NZD1.1284 First Vice-President of Azerbaijan Mehriban Aliyeva arrives in Italy for official visit http://www.today.az/news/politics/174185.html Politics Tue, 25 Sep 2018 10:28:00 +0400 By  TrendFirst Vice-President of the Republic of Azerbaijan Mehriban Aliyeva has arrived in the Italian Republic for an official visit. Armenia continues occupation of Azerbaijani lands with disrespect to world countries http://www.today.az/news/politics/174186.html Politics Tue, 25 Sep 2018 10:15:00 +0400 By  TrendArmenia, showing disrespect to the requirements of the UN Security Council, resolutions of the UN General Assembly, decisions of the Organization of Islamic Cooperation (OIC), as well as the positions of the world countries, continues the occupation of Azerbaijani territories, grossly violating the norms and principles of international law, the Azerbaijani Foreign Minister Elmar Mammadyarov said during his speech at the third meeting of the OIC Contact Group Sept. 24.Mammadyarov noted that Armenia constantly creates obstacles to the resolution of the Nagorno-Karabakh conflict, at the same time, refuses to conduct negotiations aimed at results, resorting to various provocations, tries to aggravate the situation and strengthen the occupation in the occupied territories of Azerbaijan."Recently, the dictatorship regime was overthrown in Armenia, the country's leadership has changed. The expectations of the new leadership, as it was announced, were to build a policy based on respect for international norms and principles, democratic values. Unfortunately, the new leadership decided to follow the path of its predecessors and embarked on activities that are detrimental to the negotiation process by provocative statements," the minister of foreign affairs of Azerbaijan said.The minister expressed hope that the unique solidarity of the OIC member countries with the fair position of Azerbaijan, as well as their support for the sovereignty and territorial integrity of the country will turn into concrete, practical and effective measures for forcing the occupant to comply with international norms and principles, the relevant resolutions of the UN Security Council and decisions of the OIC. Croatia reveals volume of gas to be revived via IAP http://www.today.az/news/business/174187.html Business Tue, 25 Sep 2018 10:00:00 +0400 By  TrendCroatia expects to receive around 2.5 billion cubic meters of gas per year via the Ionian-Adriatic Pipeline (IAP), Croatian Ministry of Environment and Energy told Trend."The Ionian Adriatic Pipeline will connect existing gas transmission system of Croatia via Montenegro and Albania with the TAP gas transmission system. The total length of the gas pipeline from Split to Albanian Fieri is 511 km (the length of the Croatian section: 252km). IAP is planned for capacity of 5 billion cubic meters per year and Croatia plans to receive approximately 2.5 billion cubic meters," said the ministry.The energy ministry said Croatia considers Trans Adriatic Pipeline as an important part of South Gas Corridor and as one of pipelines that will provide diversification of routes and will help security of supply for Europe.IAP is a proposed natural gas pipeline in Southeastern Europe (SEE) that will stretch from Albania through Montenegro, and Bosnia and Herzegovina, to Split in Croatia. It will be connected with the Trans Adriatic Pipeline (TAP). The capacity of the pipeline will amount to five billion cubic meters of gas per year.TAP worth 4.5 billion euros is a part of the Southern Gas Corridor, which is one of the priority energy projects for the European Union. The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.The pipeline will connect to the Trans Anatolian Natural Gas Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy’s south.TAP will be 878 kilometers in length (Greece 550 kilometers, Albania 215 kilometers, Adriatic Sea 105 kilometers, and Italy 8 kilometers).TAP’s shareholding is comprised of BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).The European Bank for Reconstruction and Development (EBRD) is considering allocation of 500 million euros loan for TAP project. Aside from EBRD, the European Investment Bank (EIB) will also discuss the allocation of 1.5 billion euros loan for TAP in February. Azerbaijan to create about 10 “Friend of SMEs” centers http://www.today.az/news/business/174182.html Business Mon, 24 Sep 2018 18:18:00 +0400 By  TrendOpening of the first "Friend of Small and Medium-Sized Enterprises (SMEs)" regional service of Azerbaijan's Agency for the Development of Small and Medium-Sized Enterprises in the Masalli District is a significant event, Chairman of the Agency’s Board Orkhan Mammadov said during presentation of the first regional service.He noted that the Agency for the Development of Small and Medium-Sized Enterprises was created to support entrepreneurs and the "Friend of SMEs" centers will operate under the agency.“About 10 'Friend of SMEs' centers will be created,” Mammadov added. “Masalli is part of the Lankaran economic zone, which also has great potential and population density.”He also said the “Friend of SMEs” centers will support entrepreneurs mainly in five areas.The “Friend of SMEs” centers will play the role of a bridge between entrepreneurs and government agencies, Mammadov said, adding that attention will also be paid to protecting the rights of entrepreneurs.Thus, the rights of entrepreneurs will be protected and entrepreneurs will get acquainted with their rights, he noted.He added that surveys and monitoring services will also be important areas in the centers’ activity.The "Friend of SMEs" centers will be able to study entrepreneurs’ problems, Mammadov noted. Total trading volume on the Kazakhstan Stock Exchange down http://www.today.az/news/regions/174181.html World news Mon, 24 Sep 2018 18:03:00 +0400 By  TrendThe aggregate trading volume on the Kazakhstan Stock Exchange (KASE) has decreased by 22 percent since early 2018, compared to the same period of 2017, Kazakh media reported on Sept. 24.According to the results of August 2018, trades on KASE finished with a total traded volume of 9.6 trillion tenges, which is 5.6 percent less compared to the same period of 2017.The reduction in volumes was mainly in the money market, where 80.7 percent of the trading volume is concentrated. In this market, the reduction was 9.2 percent (a decrease from 8.6 to 7.8 trillion tenges).At the same time, there was volume growth in the rest of the markets. At the securities market - 451 billion tenges (+45.8 percent), foreign currencies - 1.4 trillion tenges (an increase of 6 percent).The aggregate share of the securities market and foreign currency was 19.3 percent (1.9 trillion tenges) of the total trading volume.The volume of trading in August turned out to be lower than the volume of the previous year (for the first time in five years) - 10.2 trillion tenges.The main index of the stock market - KASE Index - against the background of external negative factors is declining for the third month in a row. Decrease in the index from its local maximum was 12.1 percent at the end of August.($1 = 352.54 KZT on Sept.24) Azerbaijani, Mongolian presidents meet http://www.today.az/news/politics/174184.html Politics Mon, 24 Sep 2018 17:47:00 +0400 By  TrendPresident of Azerbaijan Ilham Aliyev has met with President of Mongolia Khaltmaagiin Battulga, who is on a working visit in Azerbaijan.The head of state welcomed the Mongolian president.Then, they posed for official photos. Iran, Oman to drive growth for oil storage industry in Middle East to 2022 http://www.today.az/news/regions/174180.html World news Mon, 24 Sep 2018 17:44:00 +0400 By  TrendOman and Iran will drive the majority of the growth in the oil storage industry in the Middle East between 2018 and 2022, contributing more oil storage capacity than any other country in the region, according to leading data and analytics company GlobalData.The company’s report: ‘Oil Storage Industry Outlook in Middle East to 2022’ shows that in 2017, the Middle East had an oil storage capacity of 80,005.7 thousand cubic meters (mcm) and accounts for 5.9 percent of the total global oil storage capacity.The Middle East is expected to have a total planned storage capacity of 14,931.9 mcm by 2022, and will account for 22 percent of global planned storage capacity. It is expected to increase storage capacity from 80,005.7 mcm in 2017 to 95,833.2 mcm in 2022 at an Average Annual Growth Rate (AAGR) of 3.6 percent.An estimated capital expenditure (capex) of $6.9 billion on new build projects is anticipated in the Middle East, of which, more than 60 percent will be spent by Iran and Iraq and the remaining by the other countries in the region, during the forecast period.Among countries in the Middle East, Oman leads in terms of capacity additions of new build oil storage projects. The country has planned investment of around $1.31 billion by 2022. The country’s oil storage capacity is expected to increase from 1,659.2 mcm in 2017 to 7,305.8 mcm in 2022 at an AAGR of 29.6 percent.Soorya Tejomoortula, Oil & Gas Analyst at GlobalData, explains: “Oman is expanding its oil storage capacity to increase crude oil and petroleum products exports from the country. New storage terminals are being planned along its coast line for easy access to the oil markets in South Asia, Africa, and Far East.” EU brings international festival to Nakhchivan http://www.today.az/news/entertainment/174179.html Arts & Entertainment Mon, 24 Sep 2018 17:39:00 +0400 By AzernewsBy Laman IsmayilovaBright and colorful Eurovillage has been held for the first time in Nakhchivan on September 21-23.A public event was held at Nakhchivan Gala History-Architecture Museum Complex as part of the Days of Europe.Addressing the event, Head of the EU delegation in Azerbaijan, envoy Kestutis Jankauskas said that that this year is special in terms of EU-Azerbaijan relations since it marks the centenary of the Azerbaijan Democratic Republic, as well as the 10th anniversary of the EU delegation in Baku. He also thanked the authorities of the Autonomous Republic for assistance in holding of the festival, as well as all residents who visited the Eurovillage.Jankauskas stressed Azerbaijan and European Union are bound with strong cooperation.After that each ambassador present in the opening welcomed the Eurovillage guests in his native language.Eurovillage in Nakhchivan was met with great interest.During the event, the Nakhchivan residents got familiar with the stands of seventeen EU member-states, learn more about the European Union and its values, long-term cooperation and partnership between EU and Azerbaijan.Moreover, guests were invited to take part in the virtual tours to the European countries, contests and quizes, educational shows, face art and painting classes for children and others were held as part of the event.Chairman of the Supreme Majlis of the Nakhchivan Autonomous Republic Vasif Talibov also got familiar with the Eurovillage. EuroVillage, held since 2013, has become an ideal opportunity to learn more about the European Union (EU) and its values, including the long-term co-operation and partnership relations between the EU and Azerbaijan.Azerbaijan and the European Union enjoy fruitful bilateral relations.European Union's relations with Azerbaijan date back to 1991 and are based on the EU-Azerbaijan Partnership and Cooperation Agreement (PCA) (in force since 1999), which provides for wide-ranging cooperation in the areas of political dialogue trade, investment, economic matters, legislation and culture. Brent price hits November 2014 height http://www.today.az/news/business/174177.html Business Mon, 24 Sep 2018 17:27:00 +0400 By  TrendThe price of Brent oil futures with settlement in November 2018 went up 2.4% versus the previous closure on the London’s ICE to $80.69 per barrel as of 11:35 a.m. Moscow time, according to the trading data, TASS reports.The price of Brent oil futures was last at that level on November 24, 2014.The Russian currency is following the oil price growth as the dollar exchange rate dropped by 0.42% to 66.13 rubles, while the euro exchange rate lost 0.38% to 77.77 rubles on the Moscow Exchange.On Sunday, the OPEC+ Joint Ministerial Monitoring Committee (JMMC) at a meeting in Algeria refrained from considering the growth of crude production above 1 mln barrels per day, warning instead about a possible return to reductions in 2019. OPEC projects that next year the market may see the scenario of 2014 when oil surplus pushed crude futures down. OPEC+ is going to convene an extraordinary gathering in November for assessing the optimal production level for 2019. OIC contact group to discuss Armenian aggression against Azerbaijan at UN http://www.today.az/news/politics/174176.html Politics Mon, 24 Sep 2018 17:11:00 +0400 By  TrendThe Contact Group of the Organization of Islamic Cooperation (OIC) in connection with the Armenian aggression against Azerbaijan will discuss the settlement of the Nagorno-Karabakh conflict at the next session of the UN General Assembly in New York, OIC tweeted Sept. 24.During its summit in Istanbul in April 2016, OIC decided to establish a contact group for the settlement of the Nagorno-Karabakh conflict, which included foreign ministers of the OIC member countries. The decision to establish a contact group was taken at Turkey's initiative.The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.The 1994 ceasefire agreement was followed by peace negotiations. Armenia has not yet implemented four UN Security Council resolutions on withdrawal of its armed forces from the Nagorno-Karabakh and the surrounding districts. Azerbaijan to host international defense exhibition ADEX-2018 http://www.today.az/news/politics/174175.html Politics Mon, 24 Sep 2018 16:59:00 +0400 By AzernewsBy Naila HuseynliThe Ministry of Defense Industry of Azerbaijan has expanded the sale of weapons to foreign countries, said Deputy Minister of Defense Industry Yahya Musayev at the press conference on September 24.“The sale of small arms has generally been increased. Its main customers are Asian, African and Middle Eastern countries,” Musayev said.The 3rd Azerbaijan International Defense Exhibition, ADEX-2018 will be held in Baku on September 25-27, where the country will demonstrate the armored car "Tufan" of domestic production."The model of the Tufan armored car is already ready, and it will be shown at the exhibition.  After the last tests, its production will begin," said Musayev.He noted that this exhibition will be the largest defense exhibition in the region. Also, 224 companies will be represented at the exhibition, which will occupy three pavilions and an outdoor area of Baku Expo Centre.“The opening ceremony will be attended by ministers from six countries, heads of companies and committees of 11 countries. The exhibition will demonstrate more than 260 types of military products”, said the deputy minister.Azerbaijan, Belarus, France, Israel, Pakistan, Russia, Serbia, Turkey, Ukraine and other countries are participating in the ADEX 2018 exhibition with their national teams. This year, many countries have expanded the scale of its national exhibition. Thus, Turkey’s pavilion is 30 percent larger compared to 2016. The leading companies of defense sector from Bulgaria, China, Italy, Lithuania, the Netherlands and other countries are among participants.The pavilion of the Ministry of Defense Industry will be organized in the third hall of the Baku Expo Center, and this pavilion will show the most recent armaments and military equipment of local production.Here, professionals will be able to get acquainted with the new products of the country's defense industry, as well as the current and growing potentials of the Azerbaijani Armed Forces.Moreover, this year, the Azerbaijan’s scientific-technical company Vitta, the High-Tech Park of ANAS and Service Centre for Armament and Military Equipment of Air Defense will be put on display for the first time at the ADEX-2018 exhibition.