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Whole world to see rapid economic recovery in Azerbaijan’s liberated lands – Russian MP

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The end of the Karabakh conflict has already opened a new page in the history of Azerbaijan, Member of the Russian State Duma, head of the Russia-Azerbaijan Inter-Parliamentary Friendship Group Dmitry Savelyev told Trend.

Savelyev expressed his confidence that in the coming years the whole world will see a rapid economic and cultural recovery in the liberated Azerbaijani territories.

"The recent statement on the restoration of the transport structure in the region, adopted by the leaders of Russia, Azerbaijan, and Armenia will help launch the mechanism of international integration in the South Caucasus,” he said. “The opening of transport communications will allow establishing direct communication between Azerbaijan's main territory and its exclave the Nakhchivan Autonomous Republic, as well as Turkey, while Armenia will receive a railway access to Russia and Iran.”

“All this will give a powerful impetus to the economic development of the South Caucasus and strengthen geopolitical stability in the region," stressed the MP.

According to him, the Azerbaijani territories liberated from the Armenian occupation have large economic and natural resources.

“It must be understood that the liberated territories have an area similar to any of the European countries, and, accordingly, are rich with economic and natural resources,” Savelyev further noted.

He emphasized that, especially, the fertile lands of the Nagorno-Karabakh region in the shortest possible time can raise by several times the volume of agricultural and livestock products, and various mineral deposits will become a raw material basis for many sectors of Azerbaijani industry.

"The approximate energy potential of the region’s subsoil is 200 million tons of oil and 250 billion cubic meters of gas, and 25 percent of the country's water reserves, which are formed in Karabakh, will allow the restoration of the work of 3 large hydroelectric power plants,” he noted. “Moreover, almost 40 percent of the mineral water resources of all Azerbaijan, amazing nature, very unique monuments of history and culture can be used to create tourist and health-improving clusters. All this, systematically developed, will greatly strengthen Azerbaijan's position in the world economy."

The MP also pointed out that in the entire post-Soviet space Azerbaijan remained one of the few countries where the traditions of friendship between peoples were not only preserved, but served as the basis for a new direction – the policy of multiculturalism, which corresponds to the spirit of the Azerbaijani people and its historical traditions.

“Azerbaijanis have peacefully coexisted with different peoples at all times, and today representatives of every nation or ethnos living in the country preserve their customs and traditions, speak their native language, and develop their culture without fear of discrimination and contributing to the overall development of Azerbaijan,” he said. “This was especially evident in the 44-day war for the liberation of the occupied lands, when, along with ethnic Azerbaijanis, representatives of different nationalities – Russians, Talishs, Lezgins, and many others living in the country took part in it.”

According to Savelyev, the respectful attitude of the Azerbaijani people to the traditions, culture, and religions of other countries has become the foundation for Azerbaijan to build constructive and equal relations with other states since the Azerbaijani model of tolerance and multiculturalism is recognized throughout the world as a model.

"In addition, such significant events as the Baku Summit of World Religious Leaders, the World Forum of Intercultural Dialogue or the Baku International Humanitarian Forum are constantly held in Baku, which undoubtedly increases the authority of Azerbaijan in the world arena and contributes to the strengthening of its international ties," he concluded.

As a result of the 44-day war (from late Sept. through early Nov.2020), Azerbaijan liberated the territories which were occupied by the Armenian Armed Forces in 1992-1994.

The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, the Armenian Armed Forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts. The 1994 ceasefire agreement was followed by peace negotiations.

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Azerbaijan to hold new auction for public property facilities

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The State Service on Property Issues under the Azerbaijani Ministry of Economy will hold a new auction on March 30, 2021, Trend reports referring to the ministry.

According to the ministry, 101 public property facilities, including 25 small enterprises and facilities, 36 vehicles, and 40 state share packages of joint-stock companies will be put up for the auction.

The service said that those wishing to participate in such auctions can not only place an electronic order for the selected object of the service but also join the online auction.

Interested participants can visit the Space for the provision of property services of the State Property Service of Azerbaijan on the day of the auction, as well as observe it without registration online.

All those wishing to partake in the auction on the official website of the service (emlak.gov.az) or on the privatization.az portal must, after registering, pay a deposit of 10 percent of the initial auction price of the object, thereby obtaining the status of the customer. On the day of the auction, bidding can be joined by selecting the section ‘Electronic auction’ on the e-services portal (e-emdk.gov.az).

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Azerbaijani Azerenerji reconstructing country’s second largest HPP

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Azerbaijan’s Azerenerji OJSC continues measures to eliminate the dangerous situation that has arisen in the reservoir of Shamkir hydroelectric power station, the second largest hydroelectric power plant in the country, Trend reports citing Azerenerji OJSC.

"In order to eliminate the emergency situation, repair work on this reservoir began in 2020, which is carried out by a local company together with experts from Azerenerji OJSC. Work is underway on the reconstruction, concreting, and repair of the reservoir. To date, 90 percent of the work has been completed. Reconstruction of the facility is planned to be completed in April 2021,” said the message.

“In particular, repair and restoration work was carried out at the hydraulic units of the Shamkir HPP, a major overhaul of a block autotransformer with a capacity of 330 kilovolts was carried out. Thus, the "lost" power is restored, the durability and reliability of the installation are increased. The reconstruction of the open switchgear of the Shamkir HPP and the SCADA dispatch control system is also underway,” said the company.

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Turkish president approves one more agreement with Azerbaijan

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Turkish President Recep Tayyip Erdogan has approved the ‘Preferential Trade Agreement between the Government of Azerbaijan and the Government of Turkey’, Trend reports.

The agreement has entered into force.

The document was signed in Baku on February 25, 2020.

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