Business in Azerbaijan. Azerbaijani Oil

1. Introduction to the Republic of Azerbaijan (Europe - Central Asia)
2. Azerbaijani Economy
   1. Azerbaijani Petrol
   2. Case Study: The State Petrol Company of the Azerbaijan Republic
   3. Transport and Logistics
3. International Trade of Azerbaijan
   1. European Union-Azerbaijan trade relations
4. Investment in Azerbaijan
5. Doing Business in Baku
6. Access to the Azerbaijani market
7. Business Plan for Azerbaijan

The educational aims of the Subject “Foreign Trade, Logistics and Business in Azerbaijan” are:

1. To analyze the Azerbaijani Economy, Logistics and Foreign Trade
2. To conduct research on business opportunities in Azerbaijan
3. To explore the Azerbaijani trade relations with the student's country
4. To learn about Azerbaijani Trade Agreements
5. To examine the profile of Azerbaijani companies
6. To develop a business plan for the Azerbaijani market

The Subject “Foreign Trade, Logistics and Business in Azerbaijan” is included within the curriculum of the following academic programs at EENI Global Business School:

Master: International Business.

Doctorate: World Trade.

Azerbaijan - Master of Science in International Business.

Languages: or Azerbaiyán Azerbaidjan.

1. Subject Credits “Doing Business in Azerbaijan”: 1

Transport Corridors related to Azerbaijan

1. Europe-Caucasus-Asia Logistics Corridor
2. North-South Corridor (India-Russia)
3. Afghanistan-Turkey Logistics Corridor
4. Trans-Caspian Logistics Corridor
5. Access to the:
   1. Almaty-Bishkek Economic Corridor
   2. Islamabad-Tehran-Istanbul Rail and Road Corridor
   3. Eurasian Land Transport Initiative (Silk Road)
   4. China-Central-West Asia Economic Corridor

Sample:

Azerbaijani Trade Agreements and Market Access.

1. Azerbaijan and the Central Eurasian Economic Area
2. Commonwealth of Independent States
3. Economic Cooperation Organization (ECO)
4. Regional Organization Democracy Economic Development
5. Black Sea Economic Cooperation
6. Central Asia Cooperation (CAREC)
7. Ukraine-Azerbaijan Agreement
8. Russia-Azerbaijan Agreement
9. Georgia-Azerbaijan Agreement
10. Free Trade Agreement between Georgia, Ukraine, Azerbaijan, and Moldova
11. Trade Agreement with the Eurasian Economic Union (EAEU)
12. Transit and Transport Cooperation Agreement (Lapis Lazuli Route Agreement)
13. Iran-Pakistan-Turkey Transit Transport Framework Agreement (TTFA)
14. Azerbaijan-EU
    1. EU Eastern Partnership
    2. Black Sea Synergy
    3. European Union-South Caucasus
15. Islamic Trade Preferential System (TPS-OIC)
16. Turkic Council
17. SCO (Dialogue Partner)

1. WTO (in process of accession)
2. World Customs Organization (WCO)
   1. Kyoto Convention (Containers)
3. Convention Harmonization of Frontier Controls of Goods
4. BIC (Containers)
5. Chicago Convention (ICAO)
6. International Maritime Organization (IMO)
7. Organization for Cooperation between Railways (OSJD)
8. CIM, CIT Rail Rules
9. COTIF Convention
10. International Road Transport Union (IRU)
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
11. Customs Convention on Containers

1. Islamic Development Bank
2. Organization of Islamic Cooperation (OIC)

Euro-Asian Organizations:

1. Economic Commission for Europe (UNECE)
2. Organization for Security and Cooperation in Europe (OSCE)
3. European Council
4. European Investment Bank
5. Azerbaijan is one of the founders of the Regional Organization for Democracy and Economic Development (GUAM)

1. Asian Development Bank
2. Economic Commission for Asia (ESCAP)
3. United Nations
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre
   3. World Intellectual Property Organization (WIPO)
4. World Bank
5. World Trade Organization (WTO)
6. International Monetary Fund
7. Azerbaijan also actively cooperates with the EU, NATO, European Bank for Reconstruction and Development

1. Azerbaijan is strategically situated between Asia and Europe
2. Azerbaijan is located in the south-eastern part of Southern Caucasus
3. Azerbaijan shares borders with the Russian Federation, Iran, Turkey, Georgia, and Armenia
   1. With Kazakhstan and Turkmenistan (Caspian Sea)
4. Azerbaijani is the official language of Azerbaijan
5. The capital of Azerbaijan is Baku
6. Azerbaijani Area: 86,600 km²
7. Population of Azerbaijan: 9.6 million people
8. Independence from the Soviet Union: 1991

Main religion in Azerbaijan: Islam.

Azerbaijan belongs to the Central Eurasian Economic Area (Islamic Civilization).

Azerbaijani Economy.

1. The GDP of Azerbaijan grew 14.6% yearly to 14,309 billion Manat (AZN, the currency of Azerbaijan)
2. Azerbaijan ranks as the top reformer (World Bank- “Doing Business” survey), with improvements in 7/10 indicators of regulatory reform
3. The Government of the Republic of Azerbaijan is promoting Foreign Direct Investments into Azerbaijan
4. The privatization process is one of the greatest tools for the FDI attraction in the non-Oil sector of Azerbaijan
5. The Baku International Sea Trade Port was founded in 1902; is the largest Caspian Sea ports
6. The largest industry in Baku is petroleum
7. The State Petrol Company of Azerbaijan Republic is one of the largest petrol enterprises in the World
8. Azerbaijani Currency: Manat (AZN)

International Trade and Business in Azerbaijan:

International Trade of Azerbaijan.

1. Near 91% of exported products from Azerbaijan (19 billion dollars) are exported to not- Commonwealth of Independent States (CIS) countries, while 9% (2 billion dollars) are exported to the Commonwealth of Independent States countries
2. 58% of export products was carried out to the EU (32%), Asia (8%), and America (1%)
3. Azerbaijan has deep bilateral trade relations with Italy, France, Russia, Israel, the United States, Ukraine, Turkey, China, Croatia, Indonesia, Malaysia, Singapore, Germany, and Georgia
4. The UK, the United States, Japan, France, Norway, the Czech Republic, and Turkey contributed 1289.4 million Manat (87%) out of the total of Foreign Direct Investment
5. Access to the Eurasian Land Transport Initiative (Silk Road)

Sample:

Isabel dos Santos (the richest women in Africa) was born in Azerbaijan