Connect with us

Azerbaijani President Replaces Long-Time Foreign Minister Amid Conflict Escalation With Armenia

Avatar

Published

on

Azerbaijani President Replaces Long-Time Foreign Minister Amid Conflict Escalation With Armenia

BAKU — Azerbaijani President Ilham Aliyev has replaced the long-time Foreign Minister Elmar Mammadyarov with Ceyhun Bayramov amid an escalation of the conflict with neighboring Armenia.

Aliyev's July 16 decision to sack Mammadyarov and appoint Bayramov to the post came a day after he harshly criticized Mammadyarov at a government session for his "passive" approach in dealing with deadly military clashes that erupted along the Azerbaijani-Armenian border on July 12.

"I think that our diplomatic activities could be more effective. I have repeatedly said that our diplomacy should be offensive, not passive, not defensive. Diplomacy must not be afraid to speak out," Aliyev said during the session.

Mammadyarov had served as the oil-rich South Caucasus nation's top diplomat since April 2004.

Bayramov served as Azerbaijan's education minister before his July 16 appointment.

Read Original Article here by RFERL

Continue Reading

Armenian Aggression

Azerbaijani ‘Barda’ ferry ship repaired and put into operation

Avatar

Published

on

By Trend

The repair of the Barda ferry ship, which belongs to the transport flotilla of Azerbaijan Caspian Shipping (ASCO) at the Zykh Ship Repair and Construction Yard, has been completed, Trend reports citing ASCO.

The body was welded, pipe-laying and electrical work, boiler and waterproof doors were repaired.

Moreover, the mechanical and electrical parts of deck cranes and locomotives have been adjusted.

The surface of the ferry and the carriage deck were cleaned and painted twice. The upholstery of sofas and armchairs were also repaired and replaced. After successfully completing sea trials, the ferry was put into operation.

The length of the Barda ferry is 154.5 meters, the width is 17 meters, and the maximum speed is 13.9 knots. The ferry has a capacity of 54 wagons.

Follow us on Twitter @AzerNewsAz

Original Article

Continue Reading

Armenian Aggression

Azerbaijan reveals data on loans issued to farmers over 11M2020

Avatar

Published

on

By Trend

Around 5,623 farmers and entrepreneurs received loans and incentives for agriculture from the Agrarian Credit and Development Agency of Azerbaijan from January through November 2020, the Ministry of Agriculture told Trend.

Over 65 million manat ($38.2 million) has been allocated to AKIA agricultural producers.

Of these funds, more than 32 million manat ($18.8 million) were issued as microcredits and loans for other purposes, 33.4 million manat ($19.6 million) as loans to finance agricultural machinery and livestock on favorable terms.

Of the loans issued, 20.6 million manat ($12.1 million) fell on microcredits. More than 2,200 farmers received microcredits.

At the expense of funds of the Agrarian Credit and Development Agency for agricultural lending and development under the Ministry of Agriculture, farmers are issued microcredits at 12 percent, cash loans, loans for agricultural and other purposes at 7 percent.

The state pays 60 percent of the cost of breeding livestock purchased by agricultural producers and 40 percent of the cost of equipment.

During the reporting period, the agency gave farmers more than 75.7 million manat in subsidies for the purchase of equipment and breeding livestock.

Follow us on Twitter @AzerNewsAz

Original Article

Continue Reading

Armenian Aggression

Iran hopes for economic revival of Azerbaijan’s Nagorno-Karabakh – Vice President Jahangiri

Avatar

Published

on

By Trend

Iran is ready to participate in the restoration of Azerbaijan's Nagorno-Karabakh region and the surrounding areas, Iran's First Vice President Eshaq Jahangiri said, Trend reports citing official website of the First VP.

He made the remark at the 19th meeting of the Prime Ministers of the Shanghai Cooperation Organization member countries.

The vice president stressed that in this regard, Iran can use its economic potential, especially in the area of energy and transit.

“Iran considers the security and stability of the region and neighboring countries as its security and stability, and welcomes the restoration of peace with relation to Nagorno-Karabakh,” he noted.

Jahangiri added that Iran expresses hope that the end of military confrontation in region will be beginning of economic revival.

Follow us on Twitter @AzerNewsAz

Original Article

Continue Reading

Facebook

Trending