Liberation of Zangilan to increase production and export of Azerbaijan's mineral resources

Liberation of Zangilan to increase production and export of Azerbaijan's mineral resources

BAKU, Azerbaijan, Oct. 21


Zangilan district, which is part of the Kalbajar-Lachin economic region, has enormous potential from an economic and geographical point of view, Head of the Department of the Azerbaijani Center for Analysis of Economic Reforms and Communication Nijat Hajizade said, Trend reports on Oct. 21.

“Bordering various countries on both sides, the district is covered by mountains in the west and plains in the east,” Hajizade said. “These features show that Zangilan district has various resources. The Kalbajar-Lachin economic region is geographically diverse in terms of the volume of mineral deposits.”

“In accordance with the official estimates, there are 155 deposits of various types of minerals, including gold-bearing, silver, copper, iron, zinc, granite ores, deposits of precious stones, refractory clay and other minerals in the territories previously controlled by Armenia within its occupation policy and which were liberated,” head of the department added.

“Zangilan district, having adjacent corridors with the two countries, has unique opportunities for foreign trade,” head of the department said.

“Moreover, there is important Vejnali deposit which is the second biggest deposit in Kalbajar-Lachin economic region after Kalbajar. Its gold reserves are estimated at 6.5 tons, copper reserves - 3,000 tons,” Hajizade said.

“There are also Okhchuchai marble limestone deposit with reserves of 6,618 cubic meters suitable for the production of facing stone, the Zangilan limestone deposit (Dashbashi-Asgurum) with proven reserves of 129 million tons, the Zangilan limestone deposit suitable for the production of crushed stone and limestone, with reserves of 6,024 tons, Bartaz-I and Bartaz-II porphyry deposits with total reserves of 28,943 cubic meters, Zangilan clay deposit, suitable for the production of bricks and tiles with reserves of 1,102 cubic meters, mixed sand and gravel deposits with reserves of 17,367 cubic meters in Zangilan district,” head of the department said.

“These deposits, which are illegally used by the Armenian invaders, have turned the country into an "exporter" of quality mineral resources,” Hajizade said. “When studying Armenia's foreign trade, it becomes clear that the dominant place in export belongs to the mineral resources.”

“This country, having misappropriated mineral resources located in Kalbajar and Zangilan districts, extracts and exports them to the European countries and Russia as those of Armenian origin,” head of department said. “Of course, Armenia was involved in economic crimes, falsifying the origin of the extracted mineral resources and selling them to the European countries because in the EU legislation, the deliberately false indication of the country of origin is considered as an economic crime, and if these cases are found, trade sanctions are imposed.”

“Knowing all this, Armenia falsified the origin of the goods and presented these territories as those belonging to Armenia,” Hajizade said. “Most of the dozens of companies involved in the development of these deposits are run by the Armenian diaspora from abroad.”

“A clear example of the great tourism potential of Zangilan district is its geographical diversity,” head of department said. “Oriental plane trees, walnuts and other valuable trees that have no analogues in Europe are growing in this district. The plane tree forest, which is 500 years old and 12 kilometers long, is included in the Basitchay Reserve.”

“This reserve was created in the Azerbaijani south-western area in the occupied Zangilan district in the Basitchay gorge in 1974,” Hajizade said. “The area of the reserve is 107 hectares. The oriental plane tree growing in the reserve has been included in the IUCN Red List.”

“Unfortunately, the trees cut down by the Armenian occupiers and which are used in light industry and other commercial purposes are also victims of economic crime," Hajizade stressed.

The expert added that as a result, the natural resources which are used in the Zangilan district, having favorable economic conditions for mining, construction and tourism, are an example of a fascist policy towards Azerbaijan’s natural resources.

"Over the past 27 years, natural resources that could not be used as a result of Armenia’s occupation policy were exported to other countries,” Hajizade said. “The Armenian public should be aware that the income from using of resources in the occupied territories did not reach the mono-ethnic population of Armenia.”

“The illegal sale of the resources of other country and thus the accumulation of wealth by certain people who serve only their own interests, is a criminal offense by law,” head of department said.

“Given the role of the construction sector as a driving force of the economy, the natural resources of the Zangilan district will play an important role in meeting the domestic demand,” Hajizade said.

“Moreover, the export of mineral resources has recently taken a leading position in the non-oil sector,” head of department said. “Thus, the average monthly export by the state-owned gold exporting company ranges between $10-18 million.”

“Azerbaijan will continue to increase the export of mineral resources due to the development of the Vejnali field, the reserves of which are 6.5 tons of industrial gold and 3,000 tons of copper in the Zangilan district," Hajizade said.

Turkey's export to Turkic-speaking countries up
Turkey's export to Turkic-speaking countries up
Kyrgyz ambassador and Secretary of Senate of Pakistan discuss inter-parliamentary cooperation
Kyrgyz ambassador and Secretary of Senate of Pakistan discuss inter-parliamentary cooperation
Value of OIC states' import from Turkey shows decline
Value of OIC states' import from Turkey shows decline
Loading Bars
Khaf-Herat railway to be officially inaugurated in 10 days
Turkey reports over 32,000 new COVID-19 cases
Kazakhstan’s daily COVID-19 case count up to 819
European Commissioner Varhelyi says EU stands by Georgia
Uzbekistan to attract carbon credits to create forest plantations
U.S. in talks with Huawei CFO Meng on resolving criminal charges
Brazil's COVID-19 death toll tops 175,000
Import of cars from Turkey to Russia down during COVID-19
Moscow reports 77 coronavirus deaths in the past day
UK coronavirus deaths top 60,000 as another 414 recorded
OPEC+ supports 0.5 mln bpd output growth since January, monthly meetings
Memory of martyrs of Patriotic War to be honored with minute of silence in Azerbaijan today
Four killed in large blast in western England: local police
Kazakhstan's revenue from petroleum oil exports to Hungary surge
Georgian NCDC Head urges symptomatic citizens to undergo antigen test
Iran, Turkey call for increased economic coop.
Turkey grapples with COVID-19 surge in 3 cities amid vaccine hope
Kazakhstan's oil & gas company opens tender to buy spares
It is through coordinated, concerted global response based on unity, multilateral cooperation that international community can craft strategies to mitigate effects of COVID-19 - President Aliyev
Special Session of UN General Assembly is remarkable success for Member States of NAM - President Aliyev
Non-Aligned Movement praises activities of UN system in response to COVID-19 - President Aliyev
Throughout 2020 global community faced greatest health crisis in recent history - President Aliyev
Turkmenistan proposes to widen cooperation in the area of nature protection and climate change on the OSCE platform
Turkmenistan committed to humanitarian cooperation within the OSCE
Azerbaijan’s State Oil Company discloses amount of investments in Georgia's economy
Annual production volume from Azerbaijan’s Shah Deniz field to increase by 2023
Azerbaijani president delivers speech at special session of UN General Assembly (PHOTO/VIDEO)
Iran Chamber of Commerce discusses increase of interest rates
Azerbaijan changes rules for distribution of property
Georgia announces final results of parliamentary election
Special session of UN General Assembly on COVID-19 begins at Azerbaijani president’s initiative
OSCE MG Co-Chairs welcome cessation of activities in area of Karabakh conflict
Kazakhstan sees increase in registration of newly-purchased cars
Azerbaijani, Turkish FMs exchange views on meeting of OSCE Ministerial Council
Metallurgical plant built with Russia’s support to be launched in Uzbekistan
Uzbekistan Railways JSC to increase authorized capital
Russia hopes UNESCO mission to arrive soon in Nagorno-Karabakh region
Georgian state flour subsidy program to maintain stable prices for bread
Foreign trade grows between Russia’s Udmurtia, Turkmenistan
Uzbekistan’s Energy Ministry eyes studying Rothschild & Co experience in entering IPO
Azerbaijan raises cargo exports in value terms
National Bank of Georgia sells funds at foreign exchange auction to stabilize lari
Korean government donates glove boxes to Azerbaijan for COVID-19 examination (PHOTO)
Public to be provided with detailed information about martyrs - Azerbaijani MoD
Georgia continuing efforts to diversify production and promoting use of renewable energy
Number of projects to be implemented at Angren FEZ in Uzbekistan revealed
Prospects for expanding capabilities of Southern Gas Corridor discussed
Kazakhstan looking for co-op opportunities with Northern European countries despite COVID-19
Coronavirus adversely affects activities of Georgian JB Group
Uzbekistan, Turkey discuss creation of industrial zone in Tashkent
Productivity of Azerbaijani liberated lands to be assessed
Baku Metro opens tender to attract renovation, installation services
Ceyhan terminal’s oil transshipment from ACG exceeds 195 million barrels
OSCE potential in settlement of conflicts remains in demand – Russian FM
Crude oil shipments decrease at Kazakhstan's Marine Terminal of CPC
Karabakh agreement can positively influence Turkish-Armenian relations - Mevlut Cavusoglu
Azerbaijan records annual growth in lending to agricultural sector
Uzbek-Korean JV opens tender for gas purchase
Patriotic War Memorial Complex and Victory Museum to be established in Baku
Khazar Consortium opens tender for maintenance, repair of office equipment in Turkmenistan
We are entering new post-conflict stage of reconstruction, rehabilitation - Azerbaijani FM
President Ilham Aliyev signs order on commemoration of Patriotic War martyrs
SOCAR’s share in Azerbaijan’s natural gas output down
Anti-Azerbaijani efforts of Armenian diaspora and pro-Armenian forces fail
Georgia sees increase in public debt
Georgian restaurants ask for benefits and salary compensation
Lithuanian company talks on new payment device for Azerbaijani market
Georgian E-Space to attract partners for developing network of charging stations
SOCAR sees increase in proven gas and condensate reserves
Georgian bread company plans to expand its business
Iran's power production capacity increases
Employment in Iran's Kurdistan Province increases
Azerbaijan confirms 4,189 new COVID-19 cases, 2,072 recoveries
Azerbaijani banks' demand for foreign currency declines
Commandants appointed for liberated Lachin, Kalbajar districts of Azerbaijan
Turkish FM talks regional benefits of trilateral agreement on Karabakh
Bahar Azadi gold coin price again falling in Iran
Assets of Uzbek commercial banks increase over 10M2020
Greece extends nationwide lockdown by a week, to Dec. 14
Most of Azerbaijani goods' exports via Single Window system falls on air transportation
Number of enterprises launched in Iran's Qom Province up
Demand for Azerbaijani commercial banks grows year on year
SOCAR’s 2019 oil output exceeds forecasts
Date of Turkish president's visit to Azerbaijan disclosed
OSCE chairman-in-office welcomes cessation of hostilities in Nagorno-Karabakh region
Defense Ministry discloses number of missing Azerbaijani servicemen and currently under medical treatment
Number of people infected with coronavirus pandemic in Iran exceeds 1 million
Turkmenistan cuts imports of cars from Turkey
Azerbaijan discloses number of its servicemen killed in second Karabakh war
Azerbaijan lowers cement imports from Turkey
Iran's trade turnover with some Central Asian countries revealed
Trilateral statement of Nov. 10 ends nearly 30-year occupation of Azerbaijani lands - FM
Growth pace of both lari and foreign currency deposits slows down in Georgia
Azerbaijan reveals latest data on exports and imports of finished textile products
Iran inaugurates new power projects
Association of electrotechnical enterprises to increase production in Uzbekistan
Iran declares amount of money paid to tea farmers
Kazakhstan discusses measures to improve national economy with UNDP
SOCAR’s proven oil reserves down y-o-y
Azerbaijan creates service post, appoints inspectors in liberated Sugovushan, Talish villages (PHOTO)
All news