The Azerbaijan State News Agency

`Azerbaijan: Overview of 20 years`

Baku, October 17 (AZERTAC). The Pakistan-based “Daily Times” newspaper has published an article entitled “Azerbaijan: Overview of 20 years”.

The article says “Back in the 1990s, it was hard to believe that Azerbaijan would become what it is today. Since the country gained independence after the collapse of the Soviet Union, it has faced a lot of adversity such as the Armenian aggression, the occupation of 20 percent of its territories including Nagorno-Karabakh and seven surrounding regions, a flood of one million refugees and internally displaced people and a ravaged economy and infrastructure.

The only power that the nation possessed in those days was its courage and its charismatic and iron-willed leader, Heydar Aliyev. Having mobilised the nation, in a short span of time he managed to force the aggressor to sign a ceasefire agreement and garnered the mediatory services of an international organisation to tackle the problem of Nagorno-Karabakh.”

The article goes on to say “Despite unprecedented pressure by external forces, contracts were signed with oil companies such as BP, Amoco, Unocal, Statoil and others in 1995. Not only did Heydar Aliyev achieve the signing of the above-mentioned contract on the exploration of oil and gas reserves in the Absheron peninsula, he also insisted on the transportation of hydrocarbons via Georgia to the Turkish Mediterranean Jeyhan seaport, which laid the foundation for the economic and political freedom of Azerbaijan.

In 2003, President H Aliyev passed away and since then his successor, Ilham Aliyev - a young and energetic man, highly educated with a pragmatic approach towards tackling issues - has led the country, paving the way to the renaissance of Azerbaijan.”

“A country a population of nine and a half million people has become the leading power in Transcaucasia and, for a few years, had the fastest growing economy in the world. Having constructed Baku-Tbilisi-Jeyhan oil and the Baku-Tbilisi-Erzurum gas pipelines, Azerbaijan began the Baku-Tbilisi-Gars railway project in order to link the country with Turkey and this geostrategic transport corridor will be completed in 2012. These projects are not only yielding substantive economic dividends, but also political ones since the country is ensuring the energy security of Europe.”

According to the article, “Oil revenues accumulated in the Oil Fund are being used pragmatically for economic diversification. For instance, only the IT sector is expected to become more profitable than the oil sector by 2025. In a span of only 15 years, Azerbaijan has gone from being a country seeking loans to being an investor, financing projects in Turkey, Georgia, Russia, Romania, Ukraine, Moldova, Central Asia, Afghanistan and owning $40 billion foreign exchange reserves.

The economic growth of Azerbaijan goes accompanied by an enormous construction boom, development of infrastructure, establishment of new factories and production units. The entire country has become one massive construction area with new highways, bridges, thousands of new houses, hundreds schools, hospitals and theatres.”

“The country enjoys another advantage in its fertile lands and mild climate which makes Azerbaijan self-sufficient in almost all foodstuff products and attracts tourists from all over the world to the resorts of the Caspian Sea and the Caucasian mountains.

The development in the country was not a stranger to culture and sports. The Azerbaijan Olympic team returned from the last Olympic Games with 7 medals and surprised Europe by the winning the Eurovision song contest.”

The author says “The core issue of Azerbaijan-Nagorno Karabakh remains unsolved, despite four resolutions of the UN Security Council. This forced Azerbaijan to increase its military budget, which is now exceeding the entire budget of the country-aggressor, although the leadership of the country is determined to resolve this problem through peaceful means.”

“Azerbaijan is one of the few unique countries in the world, being situated on the border of Europe and Asia and integrated in the political structures of both continents. Being a member of the Council of Europe and the Organisation of Security and Cooperation in Europe, Azerbaijan plays an active role in the Organisation of Islamic Conference and the Economic Cooperation Organisation. President Aliyev has done a lot for the promotion of Islamic values, which ware not encouraged during the Soviet era and made Azerbaijanis an integral part of the Muslim Ummah. The restoration of independence in Azerbaijan was happily welcomed by Pakistan, which was one of the first countries to recognise it. Pakistan and Azerbaijan have deep-rooted historical links with each other, enjoy strategic relations, always support each other in international forums and stand together during difficult times. Azerbaijan was amongst the first countries to help Pakistan after the natural calamities of 2005 and 2010. The name of the First Lady of the country and President of Heydar Aliyev Foundation Mehriban Aliyeva will always remain in the hearts of Kashmiris, for whom she constructed and fully equipped a modern secondary school in Muzaffarabad in the place of the old one which was destroyed by an earthquake.”

Share news on social media

Follow us on social network

Two-time world champion Tete shot dead outside home

Top stories update

2nd World Humanoid Robot Games open in Beijing

Azerbaijan, Uzbekistan sign several documents on cooperation

Azerbaijan’s canoeist to compete at ICF WorldCup 2026

Chinese robot beats Usain Bolt's 100m world record

100th anniversary of First Turkology Congress marked in Tbilisi

El Niño set to be 'strongest in living memory', says Met Office

Azerbaijan showcases its tourism potential at international exhibition in Kuala Lumpur

Millions spent by UK government to get migrants to return home

Azerbaijan joins First CIS Volunteer Forum in Astana

AzTU students win six medals and special award at competition in U.S.

Azerbaijani oil sells for $97

German foreign minister visits Ukraine for talks on defense cooperation, winter preparations

10th edition of “DokuBaku” Festival Programme to feature film by Mexican Director

Azerbaijan joins closing ceremony of 22nd International Caucasus Dance and Music Festival in Türkiye

Top stories update

Another shipment sent to Armenia in transit via Azerbaijan

Kazakhstan, Azerbaijan discuss TITR development, non-resource exports expansion

Fifa announces sanctions after World Cup final chaos, recap

Trump’s midterm warning: ‘If we lose, I am going to be impeached’

Azerbaijani wrestlers shine with seven medals at World Championships

Azerbaijani weightlifter claims three European bronzes

1 killed, 12 injured in mine collapse in Türkiye's Ankara

Azerbaijani Ambassador presents credentials to Costa Rican President

2 killed in Croatia ultralight plane crash

3.3M quake jolts Caspian Sea

EuroVolley 2026 Women: Azerbaijan beat Portugal in group C opener

Azerbaijani boxers claim two European medals

Top stories update

Baku hosts opening ceremony of EuroVolley 2026 Women

"A truly historic event this Sunday": President Tokayev on first elections to Qurultay

Kyrgyzstan to benefit from Azerbaijan’s judicial experience, says Supreme Court Deputy Chairman

Landmine blast injures one in Azerbaijan’s Khojavend district

Azerbaijani, Kyrgyz Supreme Courts to enhance partnership

Azerbaijani journalists tour Uzbekistan’s Amirsoy and Beldersay mountain resorts

Azerbaijan’s exports to Uzbekistan more than doubled in value

® PASHA Holding continues to support projects implemented by ABAD

Prince Harry and others face multi-million pound bill over failed lawsuit

Bitcoin surpasses $77,000 for 1st time since May

Samsung Electronics expects up to 110 tln won for shareholder returns this year

Baku hosts international conference on Belgium’s colonialism

Ombudsman issues statement on Declaration of “Peace Month” to honor International Day of Peace

Azerbaijan’s volleyball referee to officiate at EuroVolley 2026 Women

Azerbaijani journalists explore Sea Breeze Uzbekistan project

Catherine Stella Namakula: Issue of reparations should be placed within an institutional framework at UN level

® Business without limits: More than 5 transactions a day Accept payments without limits with Birbank Sahibkar and Biznes cards

Azerbaijani, Uzbek Defense Ministries hold working meeting on ideological work and psychological service

World’s oldest person celebrates 117th birthday in UK

EANA celebrates 70 years of supporting news agencies across Europe

87 more families relocated to Khankendi, Khojaly and Aghdara receive house keys

Azerbaijan triples crude oil exports to Switzerland

Trump orders push to expand US space launches to more than 1,000 a year by 2030

Congolese Ombudsman: Restoration of historical truth is essential for justice and reconciliation

® Azercell wins three Brandon Hall Group HCM Excellence Awards®

Congolese MP: We do not call for revenge, but for justice, truth and dignity

Congolese Youth Programme Assistant: Severe consequences of Belgium’s colonialism are still felt today

Türkiye finalizes economic roadmap ahead of 2027 budget rollout

Azerbaijani CEC delegation arrives in Kazakhstan

President: Azerbaijan’s participation in “C6” format demonstrates our country’s contribution to strengthening interregional cooperation

President Ilham Aliyev: Azerbaijan and Uzbekistan view OTS as an association that carries our shared history and culture into the future

President: Economic opportunities in Azerbaijan and Uzbekistan open up broad horizons for creating new cooperation formats

Azerbaijani President: Joint projects with Uzbekistan make important contribution to further expansion of economic cooperation

President Ilham Aliyev: Trade turnover between Azerbaijan and Uzbekistan increased more than threefold

President: Relations between Azerbaijan and Uzbekistan are based on shared history, culture, language and moral values

President Ilham Aliyev gave interview to Uzbekistan National News Agency

SOCAR opens applications for WIN Open Innovation Program

Rwandan ambassador: Colonialism did not only occupy territories but also shaped institutions whose impact continues today

Another shipment sent to Armenia in transit via Azerbaijan

Abbas Abbasov: Reparation should not be limited to financial compensation but should serve to restore historical justice

Top stories update

Azerbaijani ambassador presents credentials to Costa Rican Foreign Minister

® A major step toward advancing artificial intelligence infrastructure in Azerbaijan’s banking sector

Spurs agree £75m deal to sign Man City's Savinho

Eight killed in charter plane crash near remote site in western Alaska

Gold price nears $4,600 on global markets

Oil prices decline in global markets

Azerbaijani oil sells for $96.68

Great Return: Another group of residents relocated to Khankendi, Khojaly and Aghdara

Multiyear tropical warm pool warming temporarily slows Antarctic mass loss, study finds

Unitree unveils 'Superman' humanoid robot with vertical jump of 2 meters

® TAVI and high-tech invasive cardiology procedures are successfully performed at Central Customs Hospital

Mystery of octagonal mausoleum: What links Shakhi Zinda ensemble to Azerbaijan?

Kyrgyzstan expects athletes from 112 countries at World Nomad Games

China sentences former Evergrande boss to life in prison

Top stories update

Azerbaijan to hold tourism innovation competitions

Germany heat-related deaths top 14,000 in record year

“Azerenergy” OJSC, Azerbaijan Engineering Academy sign cooperation agreement

Azerbaijan to establish three new tourism and recreation zones

Azerbaijani journalists tour Registan Square in Samarkand

“Azerbaijan.travel” platform to be further developed

Azerbaijani violinist based in London: My Azerbaijani roots inspire my creativity

Azerbaijani journalists explore history of Timurid dynasty in Samarkand

Azerbaijani journalists tour Uzbekistan’s Imam al-Bukhari Memorial Complex

Azerbaijan’s crude oil exports to Tunisia increase sharply

Azerbaijani music takes center stage in Japan

® ABB Bank presents analytical report on Baku’s real estate market

Climate change is driving record heat in Europe's seas, scientists say

Kyrgyz delegation visits “ASAN Khidmet” Center