Daily Archives: December 18, 2017

Russian ambassador completes Azerbaijan tenure

Baku, December 18, AZERTAC

Foreign Minister Elmar Mammadyarov has met with Russian ambassador to Azerbaijan Vladimir Dorokhin who is ending his diplomatic tenure in the country.

The two hailed relations between Azerbaijan and Russia, noting the role of high-level visits.

Dorokhin expressed his confidence that relations between the two countries will continue developing.

Mammadyarov commended the Russian ambassador for his role in strengthening the bilateral ties.

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President Ilham Aliyev: Southern Gas Corridor project is of crucial importance to the region covering a wide geographic area

Baku, December 18, AZERTAC

“The Southern Gas Corridor project is of great importance not only to Azerbaijan but also to a region covering a vast geography, including Europe,” said President Ilham Aliyev as he met with a delegation led by Executive Vice President and Chief Executive Officer of the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group Keiko Honda.

The head of state underlined that Azerbaijan is a financially capable reliable partner and a country, which has always fulfilled its commitments, adding that the works on the TANAP project are being successfully implemented on schedule, and will be completed on time.

President Ilham Aliyev said that this year the Azerbaijani economy entered a period of stabilization. “If we do not take into account the oil factor in our economy, we can see that non-oil sector grew by 2.5 percent, while non-oil industry increased by more than 3 per cent, and the agrarian sector by more than 4 per cent. Despite the fact that the drop in the oil prices negatively affected the gross domestic product (GDP), the non-oil sector accounted for 70 per cent of the GDP,” the head of state added.

AZERTAG.AZ :President Ilham Aliyev: Southern Gas Corridor project is of crucial importance to the region covering a wide geographic area

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Ambassador Nicolaos Kanellos: There is cooperation between Nakhchivan and Greece

Nakhchivan, December 18, AZERTAC

There is cooperation between Nakchivan and Greece, said Ambassador to the country Nicolaos Canellos to AZERTAC`s correspondent.

The diplomat highlighted his meetings held in Nakhchivan: “I was deeply impressed with the beauty of the city. Nakhchivan is very ancient and historical city.” The diplomat also spoke of the cooperation opportunities in the fields of economy, culture, education and agriculture.

AZERTAG.AZ :Ambassador Nicolaos Kanellos: There is cooperation between Nakhchivan and Greece

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Aston Martin feels the “disruptor” in F1 2021 talks

Baku, December 18, AZERTAC

Aston Martin believes it is in the position of “disruptor” in the debate over Formula 1’s future engine regulations for the 2021 season, according to motorsport.com.

The British manufacturer was “encouraged” by the direction of the 2021 engine plans that were unveiled by F1 in October.

However, there has been a backlash from F1’s established manufacturers, with Mercedes, Renault and Ferrari all raising doubts about the intended new direction.

While Aston Martin can understand that approach, it has also made clear that it would go about an F1 programme differently to the current marques involved.

“We are acutely conscious that the current incumbents will try to bring the sport towards whatever they have right now,” said Aston Martin president and CEO Andy Palmer.

“I would if I was in their shoes too. We stick out there as the disruptor, which I like. If we do an engine, we won’t do it by ourselves. We’ll start now to look for partners.

“That’s a partnership from a technical point of view and from a manufacturing point of view. We are starting that study now in parallel to the machination of the regulations.”

Key to Aston committing to F1 is a promise from F1 that the costs of producing and subsequently developing the engine are brought down – and Palmer feels there is still some way to go.

“We put a letter together which we submitted to the FIA and Liberty saying ‘this is what we think’ from a potential independent manufacturer’s point of view,” he said.

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