Economy

Azerbaijan has rich natural resources, primarily crude oil and gas. This abundance has brought prosperity to the region, but environmental risks have been underestimated in the past. In addition to the many other challenges which a young state has to deal with, it is also proactively tackling the issues arising from the industrial exploitation of its environment. Azerbaijan is transforming from a country which is heavily dependent on oil to a modern, diversified nation.

The future is very promising: Today the Republic of Azerbaijan is one of the fastest growing economies worldwide.