Located in the South-Caucasian region on the western shore of the Caspian Sea, Azerbaijan has land borders with Russia, Iran, Turkey, Georgia and Armenia, as well as sea borders with Kazakhstan and Turkmenistan. It is a democratic state with a secular society, with the vast majority of its population being Muslim.

Azerbaijan first gained independence in 1918, making it the first ever democratic state in the Muslim world. However, the country’s independence was short-lived as it became a part of the Soviet Union less than two year later. Azerbaijan’s independence was restored in 1991, and this year marks the 20th anniversary of this historical milestone.

Despite the challenges along the way, the Republic has successfully maintained its independence and achieved economic growth. Today, Azerbaijan boasts the region’s fastest growing economy and plays a significant role in providing Europe’s energy security. The main contributor to the country’s economy is the oil and gas industry, with daily oil and natural gas production exceeding one million barrels and 58.6 million cubic metres respectively. The Azerbaijani government has also diversified its economy by developing the non-oil sectors. The State Oil Fund was established to channel profits from the oil and gas industry to sectors such as agriculture, tourism and ICT.

Featuring nine out of the world’s 11 climatic zones, Azerbaijan has naturally favourable conditions for agriculture and tourism. This makes it possible to farm and cultivate a variety of agro-products, as well as offer an astonishing range of tourism experiences and scenery.

Azerbaijan has a rich history that can be traced back to prehistoric times, encompassing different civilisations and ruling dynasties. Among its most notable historical attractions are the prehistoric rock paintings in Gobustan; Khan’s Palace in Sheki; Maiden Tower, Caravan Inn and the Palace of the Shirvanshah Dynasty in Baku; and Ateshgah, the ancient temple of fire-worship in Surakhany.

The country’s geographic location at the crossroads of Europe and Asia between Caucasus and the Middle East has contributed to its unique cultural heritage. The people of Azerbaijan truly reflect its diversity as many ethnic groups coexist harmoniously, inspiring an eclectic range of cultural and gastronomic traditions. The country’s capital city Baku is a most beautiful city to live in and explore, with a distinctive skyline that unifies medieval, neoclassical, soviet, Mediterranean-style and modern western architecture.

Azerbaijan is famous for its traditional arts such as carpet-weaving, engraving and carving. Azerbaijani carpets are highly valued around the world. The country’s musical traditions include a distinctive school of music called Mugham, which is appreciated by music connoisseurs far and wide. Although Azerbaijanis treasure their traditions, they also constantly embrace modern trends and new ideas, which are evident in the country’s arts, music and architecture. In fact, the country is world-renowned for its modern jazz talents and international music festivals.

With so much going for it, Azerbaijan is indeed an amazing country with great investment potential and business
opportunities.