News for 24 January 2007

Politics

24 January 2007 [21:59]

Russian president warns potential for conflict in South Caucasus still high

President Vladimir Putin on Wednesday warned that the potential for a new outbreak of fighting in the strategic South Caucasus remained high and pledged that Moscow would work to resolve the region's most dangerous, outstanding conflicts - including the dispute over Nagorno Karabakh.
24 January 2007 [21:54]

Armenian official calls on Turkey to establish diplomatic ties

Armenia's deputy foreign minister on Wednesday again expressed his country's readiness to establish diplomatic ties with Turkey without conditions.
24 January 2007 [21:46]

Armenia, Russia Presidents meet in Sochi

Armenian President Robert Kocharyan arrived Wednesday in the Russian resort town of Sochi on the Black Sea for talks with President Vladimir Putin.
24 January 2007 [21:42]

Russia to veto UN Kosovo resolution if PACE backs independence

Russia will veto a United Nations resolution on Kosovo if Europe's human rights watchdog supports a draft proposal granting independence to the historically Serbian province, a senior Russian lawmaker said Wednesday.
24 January 2007 [21:22]

Ganira Pashayeva offers to hold monitoring on Armenia's weapons placed in occupied Azeri lands

Member of the Azerbaijani delegation to the Parliamentary Assembly of the Council of Europe (PACE), parliamentarian Ganira Pashayeva presented written questionnaire to the Committee of Ministers on "Armenia's violating principles of European Convention on Firearms."
24 January 2007 [21:20]

Azadliq's rally not sanctioned

Baku Mayor's Office rejected the appeal of the Azadliq bloc on holding rally in one of the nine squares of the city on January 26.
24 January 2007 [21:18]

Leo Platvoet's report discussed in PACE Committee

Leo Platvoet's report on "Missing people in Georgia, Azerbaijan and Armenia" has been discussed in the meeting of PACE Committee on Population, Refugees and Migration.
24 January 2007 [21:17]

Fiorenzo Stolfi: "Resolutions on conflicts are not efficient"

Fiorenzo Stolfi, San Marino Foreign Minster, chairing the CE Committee of Ministers made a speech on the third day of the PACE winter session.
24 January 2007 [21:11]

Turkey key U.S. partner on Mideast issues, State's Burns says

U.S., Turkey seek nuclear-free Iran, end to Israeli-Palestinian conflict.
24 January 2007 [21:06]

Azeri official criticizes Amnesty International's report

Presidential administration's social-political department Chief Ali Hasanov rejects Amnesty International's report.
24 January 2007 [17:15]

Iraqi Ambassador: "US invaded Iraq"

"I am grateful to the Azerbaijani government for participating in Iraq’s liberation. Azerbaijani soldiers are serving in Iraq. Azerbaijan is the only Muslim country that has soldiers in Iraq," Iraqi Ambassador to Azerbaijan Ershad Omar Ismayil said during the meeting with the officers of Institute of Oriental Studies of Azerbaijan National Academy of Sciences.
24 January 2007 [16:13]

Lennmarker to discuss Nagorno Karabakh in Yerevan and Baku

Nagorno Karabakh conflict will be one of main objects of discussion during the visit of the President of OSCE Parliamentary Assembly Goran Lennmarker to South Caucasus.
24 January 2007 [16:11]

Co-chairs to release joint statement

The co-chairs of OSCE Minsk Group Yuri Merzlyakov (Russia), Bernard Fasie (France), Matthew Bryza (USA) and personal representative of OSCE Chairman-in-Office Andrzey Kasprzyk will visit Yerevan on Wednesday.
24 January 2007 [15:02]

Report on Armenia's PACE commitments discussed

The discussion of 11117th report on honoring of obligations and commitments was discussed in the plenary meeting of PACE on Tuesday.
24 January 2007 [14:59]

Novruz Mammadov: "Russia's hike gas price not danger to our relations"

"The priorities of Azerbaijani foreign policy does not change, the goal of this policy to turn Azerbaijan not only to the regional leader but also one of the prosperous, rich, safe, stable counties," stated President's Office international relations department chief Novruz Mammadov.
24 January 2007 [14:18]

Former Turkish FM dies

Ismail Cem, a former Turkish foreign minister, who together with his Greek counterpart was the driving force behind the thawing relations between the two archrivals, died of lung cancer Wednesday, an Istanbul hospital and his family said. He was 67.
24 January 2007 [12:21]

Azerbaijani President receives OSCE Minsk Group co-chairs

Today, Azerbaijani President Ilham Aliyev has received OSCE Minsk Group co-chairs.
24 January 2007 [01:09]

Persons detained in Azerbaijan belonged to same network with GRU agents arrested in Georgia

The group of persons, arrested last week by the Ministry of National Security of Azerbaijan, belonged to human intelligence of the Russian secret services, online paper Novy region reports, referring to the Baku-based daily Yeni Musavat.
24 January 2007 [00:23]

State Border Service to buy new equipment for protection of sub sea oil pipelines

The construction of border checkpoints will be completely over by the end of 2007.
24 January 2007 [00:19]

Meeting of Consul Generals of Turkic-speaking countries held in Istanbul

The meeting of Consul Generals of Turkic-speaking countries was held in Istanbul.
24 January 2007 [00:17]

Bulbuloglu to visit Nijegorodsk

Azerbaijani Ambassador to Russia Polad Bulbuloglu will visit Nijegorodsk.

Business

24 January 2007 [22:38]

Trades at BICEX, Jan. 24

The weighted average exchange prices made up 0,8711 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 24.
24 January 2007 [21:23]

Kazakhstan signs memorandum on new oil export route across Caspian Sea

Kazakhstan's national oil company said Wednesday it had signed a memorandum of understanding with several international companies outlining a new export route for Kazakh oil, using tankers to transport the oil across the Caspian Sea.
24 January 2007 [15:05]

IFC to establish grocery retail chain in Baku

IFC will continue to actively seek direct investment opportunities in areas such as food retail to support growth and employment in the non-oil sectors.
24 January 2007 [14:16]

President Aliyev decrees to amend mortgage lending terms

President Ilham Aliyev has issued a decree on improvement of mortgage lending mechanism in the country.
24 January 2007 [13:06]

President Aliyev to leave for Davos

President Ilham Aliyev will leave for Switzerland to participate in World Economic Forum in Davos as a special guest.
24 January 2007 [12:16]

Azerbaijan accedes to the Protocol Relating to the Madrid Agreement

The World Intellectual Property Organization (WIPO) announced that the Government of the Republic of Azerbaijan will become on April 15, 2007 party to the Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks, adopted in Madrid on June 27, 1989 (Madrid Protocol 1989).
24 January 2007 [00:57]

Amrahbank's assets grow 54%

As of January 1, the assets of Amrahbank grew 54% during 2006 to AZN 29.8m.
24 January 2007 [00:56]

Kapital Bank's assets rise 51%

As of January 1, the assets of Kapital Bank rose 50.78% to AZN 148,879,000 last year.
24 January 2007 [00:43]

Bank Standard's assets and deposit portfolio doubled

Bank Standard held a press conference to deliver presentation of its annual report.
24 January 2007 [00:43]

Azerbaijan's favorable balance in trade hits $1.107bn

Azerbaijan's trade surplus in 2006 amounted to $1.107 billion, up 650% from previous year, State Customs Committee Chairman Aydin Aliyev told a government annual meeting on Monday.
24 January 2007 [00:40]

Infrastructure projects spend AZN 694mln in Azerbaijan

Azerbaijan allocated AZN 694 million to finance infrastructure projects in 2006.
24 January 2007 [00:28]

AZN 297.6m additional tax paid to state budget

Last year AZN 297.6m were considered as taxable during the examination of 5,302 taxpayers by Azerbaijan Taxes Ministry and were paid to the State Budget.
24 January 2007 [00:15]

President Aliyev increases salaries

President Ilham Aliyev issues an executive order on increasing the salaries of the employees of social security organizations by 25% from February 1.
24 January 2007 [00:12]

Bank Standard to implement the T24 core banking system from Temenos

Bank Standard is going to implement Temenos T24 banking system in order to bring business process in line with world standards.
24 January 2007 [00:11]

Azerbaijan to set up oil shipping company

Government of Azerbaijan is considering the project on establishment of a special oil shipping company.
24 January 2007 [00:09]

Azerbaijan to acquire some part of Hollsim's stake in Garadagh Cement

Government of Azerbaijan intends to acquire some part of Swiss Hollsim's interest in Garadagh Cement.
24 January 2007 [00:06]

Bank Standard lends 34 mortgages worth AZN 668,476

Bank Standard, as an authorized bank of the Azerbaijan Mortgage Fund, lent 34 mortgage loans worth AZN 668,476 during 2006.
24 January 2007 [00:05]

UniBank's assets more than doubled in 2006

The assets of the UniBank CB rose 115% to AZN 138.9m in 2006.

Society

24 January 2007 [21:52]

5 people charged in Turkey with killing of ethnic Armenian journalist

Turkish prosecutors on Wednesday charged five people, including a teenaged gunman, in the killing of ethnic Armenian journalist Hrant Dink, prosecutor Aykut Cengiz Engin said.
24 January 2007 [21:13]

Preserving Azerbaijan's culture through enterprise

Partnership for a better life.
24 January 2007 [18:37]

Investigation on death of Alihuseyn Shaliyev over

The criminal case launched on the death of the former chief of Development of Entrepreneurship Department of Economic Development Ministry Alihuseyn Shaliyev on article 125 of the Criminal Code (drive to suicide) is over.
24 January 2007 [14:57]

Tender on ANS frequency to be announced

"As only one organization participated in the tender announced on ANS TV and ANS ChM radio, it is supposed that the results of the tender will be abolished and the tender will be announced again," said National Radio and Television Council chief Nushiravan Maharramli.
24 January 2007 [12:22]

Amnesty International report reveals crackdown on free expression in Azerbaijan

Journalists striving to expose the misuse of government power are increasingly living under the threat of politically motivated arrests, physical assault and even death, Amnesty International said on Tuesday.
24 January 2007 [01:12]

Azerbaijan experts doubt of Armenian secret services participation in breaking country's public TV online site

A statement presented as an announcement of the secret services of Armenia was placed on the online site of the Azerbaijan Public TV last weekend.
24 January 2007 [00:46]

Azerbaijan-Scandinavian Cooperation registered in Ministry of Justice

"Azerbaijan-Scandinavian Cooperation" Public Union operating in Azerbaijan was registered in the Ministry of Justice.
24 January 2007 [00:26]

National U-19 team to play Georgians

Azerbaijani national football team under 19 will meet with Georgian team in the second stage of European Championship.
24 January 2007 [00:04]

FIFA president supports AFFA's decision on legionnaire limit

Azerbaijani Football Federations Association President Ramiz Mirzeyev met with Joseph Blatter, president of International Football Federations Association in Moscow.
24 January 2007 [00:02]

Education Department presented list of 33 racket newspapers to Media Council

Baku Education Department and Media Council held a roundtable on Ways to improve cooperation between educational institutions and media.