Trend – News from Azerbaijan, Georgia, Kazakhstan, Turkmenistan, Uzbekistan, Iran and Turkey.

European investment bank may finance Trans Caspian gas pipeline

17 May 2012, 12:03

The European financial institutions, especially the European Investment Bank may finance the Trans Caspian gas pipeline project, the Energy...

EUROVİSİON - 2012

Eurovision 2012 Bosnia and Herzegovina representative is in love with Baku nights (PHOTO)

16 May 2012, 21:51

Eurovision 2012 Bosnia and Herzegovina representative Maya Sar said she is in love with the beauty of Baku and in particular with Baku at night. Sar said at a press conference held after the first rehearsal in Baku...

ECONOMY

Turkey and Azerbaijan to agree on Transanatolian gas pipeline by July

17 May 2012, 11:49

By the end of June Ankara will conclude an agreement with Azerbaijan to set up Transanatolian pipeline to transport gas from the Caspian state's giant Shah Deniz field, Turkey's energy minister Taner Yildiz told The...

AZERBAİJAN

EU delegation head: EU marks positive developments within EU-Azerbaijan action plan implementation

17 May 2012, 12:10

The European Commission in Brussels has analyzed the situation in Azerbaijan and marked the positive developments within the implementation of action plan between the EU and Azerbaijan, head of the EU office in Baku...

SOUTH CAUCASUS

Georgia's foreign trade turnover reaches $3124 million

17 May 2012, 09:30

Georgia's foreign trade turnover has reached $3124 million in January-April 2012, the Georgian State Statistics Office told Trend on Wednesday. According to preliminary data, it is 18 percent more compared to the same...

IRAN

Diplomats say nuclear talks with Iran may show progress

17 May 2012, 11:02

The U.N. nuclear watchdog and Iran may be narrowing their differences on how to tackle concerns over Tehran's atomic ambitions, diplomatic sources said on Wednesday, suggesting a previously unexpected agreement was now...

CENTRAL ASİA

KazMunaiGas intends to attract partners for new exploration

17 May 2012, 12:09

KazMunaiGas is going to attract partners for new exploration, President of KazMunaiGas Lyazzat Kiinov said at a press conference in Astana. "KazMunaiGas can't find a solution to issues of exploration for 10 years. And...

MİDDLE EAST & TURKEY

Two Turkish soldiers killed in shootout with Kurdish militants

17 May 2012, 12:00

Two soldiers of the Turkish army were killed and another was seriously wounded as a result of a shootout with militants of the terrorist Kurdistan Workers' Party in the Hatay city, the Sabah newspaper reported. The...

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VIEWPOINT
- Iran, IAEA talks different, but no result yet
  
  Dalga Khatinoglu, Trend Agency's Iran Service Department Chief / Tehran's two-day negotiation with the International Atomic Energy Agency held at the office of the Iran envoy to IAEA, Ali Asghar Soltanieh at least has not failed, but what was achieved? Soltanieh said that the nuclear talks were "constructive", while IAEA deputy director general and head of the Department of Safeguards, Herman Nackaerts, who had twice banned visits in January to the Iranian Parchin Military Base told reporters that "the two sides will meet again in Vienna on May 21 for more talks". Expanding the talks time...
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- "Arabian Caliphate" against Iran
  
  Rufiz Hafizoglu, the head of the Arab News Service of Trend It is no news that Gulf countries are always wary of the growing credibility and expand Iran's influence in the region. Gulf Arab countries have taken serious steps to limit the Iranian influence. "Arab spring" has brought serious political unrest in many Arab countries. It is possible that there are interests of the region countries in virtually all the revolutions that took place exclusively on the "will of the people". The interests of Iran, Saudi Arabia and Turkey have always been obvious, and named country, except Saudi Arabia,...
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- Currency competition in Azerbaijan: euro still inferior
  
  Leyla Abdullayeva, Trend analytical centre expert Since late April the euro against the Azerbaijani manat fell by 0.04 points. The dynamics of decline continues to the present. If on April 30, 2012 exchange rate for one euro stood at 1.0415 manat, today the figure stands at 1.0000 manat to the euro. It is known that unlike the dollar, exchange rate of which to manat is adjusted by the Azerbaijani Central Bank depending on the inflation process in the country, the euro exchange rate is calculated on the basis of cross-rate, and varies depending on the processes in the international currency...
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- Top official: Allegations about pressure on journalists in Azerbaijan unfounded
  
  At present, the Law on Mass Media in Azerbaijan fully guarantees freedom of the press, head of the Socio-Political Department of the Presidential Administration Vugar Aliyev said at the international conference "Human rights in Azerbaijan: problems and prospects" today. "Today, the press in Azerbaijan has been exempt from VAT on paper for newspapers, which is imported to Azerbaijan," he said. "The customs duty is not applied. The debts of the printing offices have been written off. A house is being built to improve the journalists' living conditions. "About 40 daily, over 200 weekly and...
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