Despite 600 kilometers of joint border, trade between Iran and Azerbaijan stood at $210 million in 2013. Both Iran and Azerbaijan are dissatisfied with the current volume of trade.
Economic and political turmoil in Ukraine has already led to a significant reduction in energy consumption in the country. According to Ukraine's State Statistics Committee, from January to September, consumption of electricity fell by 5.8 percent and natural gas by 16.6 percent, compared with the same period last year.
Both the OSCE Minsk Group and the US State Department expressed their attitude to the fact that a helicopter of the Armenian armed forces was downed in the airspace over Nagorno-Karabakh.
Kazakhstan needs to meet three conditions to become the largest business transit hub in Central Asia. This view was expressed by the Secretary of Intergovernmental Commission of TRACECA (Transport Corridor Europe-Caucasus-Asia).
The issue of the need to diversify the sources and routes of gas supplies to Europe is very relevant and on everyone's lips in recent years. However, making ideas become real is important, and in this regard, Azerbaijan has succeeded enough.
Kazakh Minister of Foreign Affairs Erlan Idrissov visited Brussels on Nov. 12 to address a distinguished audience of European politicians and scholars at the launch of a new think tank dedicated to fostering the region’s relationship with the European Union.
Critical words from Western leaders don't seem to have bothered Vladimir Putin. Following the G20 summit in Brisbane, he seems content to continue the confrontation. Europe, meanwhile, is repositioning.
With more than 75 percent of the votes counted, Romania's Klaus Iohannis appears to have won Sunday's runoff election. His contender and the favored winner, Premier Ponta, has already conceded defeat.
Minister of Foreign Affairs of Ukraine Pavlo Klimkin states that Ukrainian government will not try to take control of regions captured by pro-Russian separatists in eastern Ukraine by force, DW reports.
The majority (67%) of Latvian business owners say that Russia's trade embargo has not affected their business, according to the latest "Citadele Index" study, cites LETA.
If we are truly witnessing another shake-up of the world order, what should be Russia’s strategy for guaranteeing its security and access to global resources in a new multipolar world?
Kazakhstan’s President Nursultan Nazarbayev has signed the Law On Ratification of the Agreement between Russia and Kazakhstan on good-neighborliness and alliance in the XXI century, Tengrinews reports citing the press service of Akorda.
When the Ukraine crisis broke out threatening to compromise Europe's energy supply from Russia, many American politicians and pundits called for the United States to expedite exports of liquefied natural gas, or LNG, to help bolster European energy security. Speaker of the House John Boehner opined in The Wall Street Journal, "America not only has a right to develop and market its natural resources. In the face of rising danger, it has an obligation to do so."
Minister of Foreign Affairs Erlan Idrissov discussed the role of the United Nations in the modern world and Kazakhstan in an interview with local information agency KazTAG on Oct. 24.
Newly appointed NATO Secretary General Jens Stoltenberg will visit the three Baltic states next week, local media reports say.