EENI Global Business School

Business in Azerbaijan. Azerbaijani Oil

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Syllabus of the Subject

Azerbaijani Economy and Foreign Trade - Oil. Business in Baku (Azerbaijan

  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. International Trade of Azerbaijan
    1. EU-Azerbaijan trade relations
  4. Investment in Azerbaijan
  5. Business in Baku
  6. Access to the Azerbaijani market
  7. Business Plan for Azerbaijan

The objectives of the subject “International Trade and Business in Azerbaijan” are the following:

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

Online Student (Master International Business Foreign Trade)

The Subject “Foreign Trade and Business in Azerbaijan” belongs to the following Online Programs taught by EENI Global Business School:

Master: International Business.

Masters in International Business and Foreign Trade (MIB)

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Azerbaijani Online Students, Masters, International Business Trade Azerbaijan - Master of Science in International Business.

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Azerbaiyán Study Doctorate in International Business in French Azerbaidjan.

  1. Credits of the subject “Doing Business in Azerbaijan”: 1 ECTS Credits
  2. Duration: one week

Foreign Trade and Business in the Eastern Europe Countries and Turkey

International Trade and Business in Azerbaijan

Trans-European Transport Corridors

Transport Corridors related to Azerbaijan
  1. Europe-Caucasus-Asia Corridor
  2. North-South Corridor (India-Russia)
  3. Afghanistan-Turkey Corridor
  4. Trans-Caspian 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

Transport Corridor Europe-Caucasus-Asia TRACECA: Azerbaijan, Armenia, Georgia...

Market Access - Trade Agreements

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. EU-South Caucasus
  15. Islamic Trade Preferential System (TPS-OIC)
  16. Turkic Council
  17. SCO (Dialogue Partner)

Trade Facilitation Programs. TFA Agreement

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

International North-South Transport Corridor (India-Russia) Iran, Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan...

Islamic Organizations. Arab League

  1. Islamic Development Bank
  2. OIC

Euro-Asian Organizations:

  1. UNECE
  2. 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)

Globalization and International Organizations

  1. Asian Development Bank
  2. ESCAP
  3. UN
    1. UNCTAD
    2. ITC
    3. WIPO
  4. WB
  5. WTO
  6. IMF
  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).

Islam and Global Business. Islamic Economic Areas

Azerbaijani Economy.

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

International Trade and Business in Azerbaijan:
International Trade and Business in Azerbaijan Baku

Foreign Trade (Importing, Exporting)

International Trade of Azerbaijan.

  1. Near 91% of the 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 the 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 U.S., Ukraine, Turkey, China, Croatia, Indonesia, Malaysia, Singapore, Germany, and Georgia
  4. The UK, the U.S., Japan, France, Norway, the Czech Republic, and Turkey contributed 1289.4 million Manat (87%) out of the total of the foreign direct investment
  5. Access to the Eurasian Land Transport Initiative (Silk Road)

European Union Eastern Partnership

Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey Transport Corridor (Lapis Lazuli)

Trans-Caspian Trade and Transit Corridor (China, Kazakhstan, Kyrgyzstan...)

Isabel dos Santos (the richest women in Africa) was born in Azerbaijan
Isabel dos Santos, Angolan Businesswoman, Richest African Women (Angola)

(c) EENI Global Business School (1995-2024)
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