News for 18 October 2006

Politics

18 October 2006 [23:41]

Kofi Annan appoints Envera Selimovic as the Representative of the Department of Public Information in the UN Office in Baku

United Nations Secretary-General Kofi Annan is pleased to announce the appointment of Envera Selimovic as the Representative of the Department of Public Information in the United Nations Office in Baku, Azerbaijan.
18 October 2006 [21:52]

Israeli Prime Minister urges Russia to act against Iran

Israel's Prime Minister has urged Russia to join ranks against Iran's nuclear program.
18 October 2006 [21:47]

U.S. Congress approves sale of F-16s to Turkey

The U.S. Congress has approved the sale of 30 new F-16 fighter jets to Turkey.
18 October 2006 [21:40]

OSCE Representative urges French Senate to reject criminalization of 'Armenian genocide' denial

The OSCE Representative on Freedom of the Media, Mikl?s Haraszti, expressed his concern on Tuesday about the French National Assembly's adoption in a first reading of an amendment that aims to criminalize the denial that the 1915 killings of Armenians in Turkey was genocide.
18 October 2006 [21:38]

German Deputy Minister says Turkey's EU bid 'slackening'

German Deputy Foreign Minister Guenter Gloser criticized Turkey for slowing efforts to become eligible for European Union membership, saying the mostly Muslim nation must strengthen its democracy and end a trade embargo on Cyprus.
18 October 2006 [21:35]

Iran warns that U.N. sanctions resolution will wreck any chance for compromise in nuclear standoff

Iran warned on Wednesday that a likely U.N. Security Council resolution for imposing sanctions against Tehran would wreck any possibility for a compromise to resolve the standoff over the country's nuclear program.
18 October 2006 [21:29]

U.S. envoy dismayed by Kocharian snub

The U.S. ambassador to the Organization for Security and Cooperation in Europe expressed on Wednesday dismay at President Robert Kocharian's refusal to meet her on her first-ever visit to Armenia that focused on democratization and other political reforms.
18 October 2006 [21:25]

Armenian official expresses frustration with Russian blockade of Georgia

In comments during a Yerevan press conference, Armenian parliament speaker Tigran Torosian and his deputy Vahan Hovannisian complained on October 17 that Russia's decision to impose a transport blockade of Georgia has caused considerable economic harm to Armenia and criticized Moscow for failing to take Armenian interests into account.
18 October 2006 [16:12]

Azerbaijan does not intend to seek expelling France from OSCE Minsk Group

"I have not heard of any official announcements that Azerbaijan is seeking expulsion of France from the OSCE Minsk Group co-chairs," Head of Press and Information Policy Department at the Azerbaijani Foreign Ministry Tahir Tagizadeh is quoted as saying to Day.Az, while commenting on calls for it after the lower house of France's parliament passed a law that envisages criminal punishment for denial of the so-called "Armenian genocide."
18 October 2006 [12:21]

Azerbaijan to counter Armenian diaspora

Azerbaijan's President Ilham Aliyev announced Tuesday a campaign to counter the influence of the Armenian diaspora, a major backer of ethnic-Armenian separatists in the disputed Nagorno Karabakh region.
18 October 2006 [12:14]

Gul hails EU meeting as positive

Turkey and the EU met for the first time just like two partners who attribute importance to one another, Turkey's Foreign Minister Gul says.
18 October 2006 [12:03]

US Senator McConnell leans on Armenian lobby to bulk up GOP war chest

One of Sen. Mitch McConnell's "best friends and buddies" - his words - is Albert Boyajian, a rich Los Angeles bakery magnate who is a leader in the Armenian-American community.
18 October 2006 [11:45]

Azerbaijan marking 15th anniversary of state independence

Republic of Azerbaijan marks the 15th anniversary since the proclamation of independence Wednesday.
18 October 2006 [09:31]

Azerbaijani and EU delegations to meet Oct. 26

Azerbaijani and European Union delegations will meet in Brussels October 26.
18 October 2006 [09:28]

Azerbaijani new council to Istanbul to take over his assignment this weekend

Azerbaijani new council to Istanbul Sayyad Aran will take over his assignment at the weekend.

Business

18 October 2006 [21:58]

Azeri bank buys Georgian Oil Company office for 4m USD

The office of Georgian Oil Company is being handed over to International Bank of Azerbaijan through the direct sale procedure.
18 October 2006 [15:14]

President Aliyev visits Minsk Automobile Plant

President of Azerbaijan Ilham Aliyev visited the Minsk Automobile Plant on October 17.
18 October 2006 [15:11]

USAID to provide technical assistance to National Bank

The National Bank of Azerbaijan intends to cooperate on the technical aid with the United States Agency for International Development (USAID). Negotiations with the newly-appointed USAID representative will be held to the effect.
18 October 2006 [12:29]

Indian Oil plans $6 billion refinery in Ceyhan of Turkey

Indian Oil (IOC) is looking at Europe for growth. The country's largest refiner has applied to the Energy Market Regulatory Authority of Turkey for setting up a 15-million-tonne, $6-billion grassroots refinery at the Mediterranean port city, Ceyhan.
18 October 2006 [12:18]

Citigroup pays $3 bln for stake in Turkey's Akbank

Citigroup has agreed to pay $3.1 billion for a 20 percent stake in Turkey's Akbank, a move seen aimed at strengthening the U.S. financial giant's position in the competitive and fast-growing Turkish market.
18 October 2006 [11:42]

Azerbaijan to lead way with anticorruption standards

The third Extractive Industries Transparency Initiative (EITI) conference on fighting corruption in the energy and mining sectors urged poor but resource-rich countries to protect their wealth with fiscal transparency.
18 October 2006 [11:09]

Azerbaijan exported goods of $189m to Georgia this year

Russia was the main trade partner of Georgia during the period of January-August.
18 October 2006 [11:03]

Domestic debt ceiling set at AZN 300 000

For next year, Azerbaijan's domestic debt ceiling was set at AZN 300 000 and foreign debt ceiling AZN 1.2m, Parliament economic policy commission informed.
18 October 2006 [10:59]

Bank of Baku net profit reaches AZN 2.07m

As of 1 October, 2006 assets of Bank of Baku open joint-stock company made up AZN 64.16m increasing by 17.51% or AZN 9.56m as against the early year.
18 October 2006 [10:57]

Georgia intends to get Iranian electricity through Azerbaijan

Georgian Fuel and Energy Minister Nika Gilauri will visit Iran to hold talks on gas imports on October 22-23.
18 October 2006 [10:53]

Azerbaijan affirmed as EITI Board member

The 3rd international Extractive Industries Transparency Initiative Conference opened October 16, 2006 in Oslo, Norway.
18 October 2006 [10:48]

Over 1.104bn cu m of gas injected into reservoirs

Over 1.104bn cu m of gas has to date been injected into underground reservoirs. Azerigas spokesman Kamandar Eyvazli told that the volume of gas in reservoirs will exceed the volume of last year.
18 October 2006 [09:54]

Indirect subsidy for fuel purchase in energy sector to be AZN 330 000

The indirect subsidy from the State Budget for the unpaid fuel purchased for energy sector is planned to be AZN 330 000.
18 October 2006 [09:49]

ADDAX BV to export Azeri Light crude oil from Batumi Port

Swiss Company ADDAX BV has won the tender announced by SOCAR Marketing and Economic Operations Office.

Society

18 October 2006 [21:38]

Georgian deportee dies at Russian airport

A 58-year-old Georgian citizen died on October 17 at a Moscow airport as he was being detained for subsequent deportation to Georgia.
18 October 2006 [10:21]

Court of Appeal kept in force its decision on one year arrest of Shahin Agabeyli

The trial on the appeal of Shahin Agabeyov, the editor-in-chief and founder of Milli Yol newspaper finished in Court of Appeal today.
18 October 2006 [10:08]

UN Office against Drugs and Crimes to be opened in Baku

UN Office against Drugs and Crimes will be opened in Baku, Prosecutor's Office informs.
18 October 2006 [09:38]

Israel's national emergency medical service visits Azerbaijan

The representatives of Israel's Red Shield of David (RSD) also known as Red Star of David has paid two-day visit to Azerbaijan, Israel Embassy Public Affairs Office informed.