azerbaijan and european union

AZERBAIJAN AND EUROPEAN

UNION

Political Economy of European Union

RASHIDLI MAMMAD

CONTENTS

ABOUT AZERBAIJAN

INTRODUCTION AND BACKGROUND

INTERESTS

POLITICAL RELATIONSHIP

ECONOMIC RELATIONSHIP

REFERENCES

ABOUT AZERBAIJAN

Capital: Baku

Area: 86,600 km²

Population: 9,165,000 (2011 estimate)

Currency: Manat

EUROPEAN UNION AND AZERBAIJAN

Current GDP: 49,2 Billions of Euros - 2011

GDP per capita: 5 394,9 Euros - 2011

Exports-to-GDP ratio: 39,0 % (2010)

Imports-to-GDP ratio: 12,2 % (2010)

Trade-to-GDP ratio: 51,1 % (2010)

MANAT LOGO

INTRODUCTION AND BACKGROUND

Gained independence from USSR in 1991

Joined United Nations in 1992

Formal relations with the EU began in 1996

43rd state to join the Council of Europe on January 25, 2001

INTERESTS

Oil Partnership

European Neighborhood Policy

Political Relationship

Energy Partnership

Transport

POLITICAL RELATIONSHIP

Three main issues that EU considers most

important in relationship with Azerbaijan:

Broaden and deepen the relationship with Azerbaijan in the

existing political frameworks

Cooperation in the energy sector receives prominent

mention

Azerbaijan’s territorial integrity.

ECONOMIC RELATIONSHIP

In 2011 trade with the EU represented 42.5% for

Azerbaijan

Azerbaijan's share in total EU trade is 0.5%.

Important role both in supplying energy to the EU and

as a transit route

Major supplier of oil and gas to the EU

Oil and gas pipelines from Azerbaijan

7,49,7

14,8

1.6 2.3 2.9

0

2

4

6

8

10

12

14

16

2009 2010 2011

BIL

LIO

NS

OF

EU

RO

YEARS

Imports and Exports of goods between EU and Azerbaijan

Imports

Exports

Major Import Partners of EU

1. China

2. Russia

3. US

4. Norway

5. Switzerland

25. Azerbaijan

Major Export Partners of EU

1. US

2. China

3. Switzerland

4. Russia

5. Turkey

54. Azerbaijan

99.5

0.2

0,2 0.1

European Union imports from AzerbaijanMineral fuels, lubricants and related materials

Machinery and transport equipment

Food and live animals

Chemicals and related products

Manufactured goods classified chiefly by material

Miscellaneous manufactured articles

Crude materials, inedible, except fuelsCommodities and transactions

47.6

49.5

14

20.12.5

European Union exports to AzerbaijanMineral fuels, lubricants and related materials

Machinery and transport equipment

Food and live animals

Chemicals and related products

Manufactured goods classified chiefly by material

Miscellaneous manufactured articles

Crude materials, inedible, except fuelsCommodities and transactions

REFERENCES• http://trade.ec.europa.eu/doclib/docs/2006/september/tradoc_11334

7.pdf

• http://ec.europa.eu/trade/creating-opportunities/bilateral-relations/regions/south-caucasus/

• http://en.wikipedia.org/wiki/Azerbaijan%E2%80%93European_Union_relations

• http://www.iep-berlin.de/fileadmin/website/09_Publikationen/SPES_Policy_Papers/SPES_Policy_Paper_2011__The__EUs__policy__towards_Azerbaijan_BOETTGER_FALKENHAIN.pdf

THANK YOU FOR ATTENTION!

MAMMAD RASHIDLImrashidli@ibs-b.hu