Contract of the Century: Back to the Future
Twenty years ago, on 20 September 1994 in the Baku Palace "Gulistan" was signed oil agreement between the Azerbaijani government and a consortium of foreign companies that received the pompous title of "Contract of the Century."Large-scale international project on joint development of three oil fields - "Azeri", "Chirag", and "Guneshli" in the Azerbaijani sector of the Caspian Sea was signed by 12 major oil companies, specializing in the producti...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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