Azerbaijan has a diverse demographic composition influenced by its historical, cultural, and geographic factors. The country is home to various ethnic groups, with the majority being Azerbaijani Turkic. Azerbaijan is a country located at the crossroads of Eastern Europe and Western Asia, known as the South Caucasus region. It is bordered by the Caspian Sea to the east, Russia to the north, Georgia to the northwest, Armenia to the west, and Iran to the south. The country's geographic coordinates are approximately 40.1431° N latitude and 47.5769° E longitude.

In parts of Azerbaijan, including outside its capital Baku, lands with reserves of oil and gas are distributed, these are areas from which oil and gas can be extracted, and some volcanoes have formed on top of some reserves, but instead of spraying lava, a muddy mixture of water, sand, gas and sometimes oil erupt, according to the latest statistics, the population of this country has reached 10 million people. Religiously, Azerbaijan is predominantly Muslim, with the majority of Azerbaijanis adhering to Shia Islam. However, the country has a long-standing tradition of secularism, and religious freedom is protected by law. There are also Christian, Jewish, and other religious communities present.

Geographical location and population of Azerbaijan, Read More ...

The majority of the people in Azerbaijan practice Islam. The predominant branch of Islam in the country is Shia Islam. However, it's important to note that Azerbaijan has a long history of secularism, and the government promotes a policy of religious tolerance and freedom. People of different religious backgrounds coexist peacefully, and there are also communities of Christians, Jews, and other religious groups in the country. Manat is the currency of the Republic of Azerbaijan, which is displayed in international markets with the symbol "AZN" and each manat is equal to 100 qəpik. Manat in Russian means coin and means 1, 5, 10, 20, 50, 50, 100, 200, and 500 banknotes and 1, 3, 5, 10, 20, 50 Qapik coins are divided and every 100 kopecks forms one manat.

Russian has had a significant historical influence in Azerbaijan, particularly during the Soviet era. Even though it is not an official language, Russian is still widely spoken and understood, especially among older generations and in urban areas. Russian-language education and media are also available. English is gaining popularity in Azerbaijan, especially among the younger generation and in major cities. It is taught in schools as a foreign language, and there is an increasing emphasis on English proficiency as part of the educational system. English is also used in international business and tourism sectors.

Religion and language of the people of Azerbaijan, Read More ...

Although the Government of the Republic of Azerbaijan has made diversification in the economic sectors and strengthening of the non-oil sector as the main priorities in the development strategy for this year, many of the investments of this country are still due to the continued dominance of oil and gas in the country's economy. The oil-rich Republic of Azerbaijan, as a country in South-Central Asia and the Caspian Sea, located between countries such as Iran, Russia, and a small part of Europe, is of special importance in the Caucasus region, which has economic relations with neighboring countries. It is of special importance.

However, in recent years, the development of non-oil sectors has been followed by the liberation from high dependence on revenues from the energy sector and the diversification of various sectors of the economy through the development of infrastructure for the development of entrepreneurship and business. But sometimes he also thinks about the huge revenues that come from the implementation of oil and gas projects and prioritizes the implementation of these projects. Among them, the contract for the development of the Azeri, Cheragh, and Gunshli oil fields between the Republic of Azerbaijan and foreign oil companies has been extended until 2050. The 2019 budget shows that not only has the dependence on oil revenues not been reduced but also that Elham Aliyev has provided for the country's financial needs through the export of natural gas.

How is Economy of Azerbaijan?, Read More ...

Azerbaijan's imports are diverse and include a range of products and commodities. Azerbaijan imports machinery, industrial equipment, and technology for various sectors, including manufacturing, construction, and energy. trucks, motorcycles, and their components are imported to meet domestic transportation needs. including fertilizers, pharmaceutical products, and other chemical substances for various industries and healthcare purposes. including grains, meat, dairy products, fruits, vegetables, and seafood to supplement domestic production and meet consumer demand.

Azerbaijan imports pharmaceutical products, medical equipment, and devices to support its healthcare system. This includes imported medicines, medical instruments, diagnostic equipment, and other healthcare supplies. Azerbaijan imports various types of transport equipment, including automobiles, trucks, buses, motorcycles, and their components. These imports cater to the country's transportation needs and support the automotive industry. Azerbaijan imports a range of chemicals, including industrial chemicals, fertilizers, and agricultural chemicals. These imports support various industries, including manufacturing, agriculture, and construction.

Imports of the Republic of Azerbaijan, Read More ...

The State Veterinary Committee ‎of Azerbaijan issues these permits. The import of special radioactivity equipment for use in the ‎oil industry requires a special permit.‎

Exemption from customs fees:‎
The following items are exempt from customs duties on imports of Azerbaijan: Property imported by foreign ‎employees of companies for the personal use of imported goods, materials, and technology ‎under agreements between countries, assets, and imported materials as the property of a foreign ‎investor to participate in joint ventures. Raw materials, spare parts, and equipment imported by ‎economic institutions for use in their products and humanitarian aid are distributed free of ‎charge.‎

Business Information of Azerbaijan, Read More ...