Azerbaijan is the largest country in the South Caucasus region. Bordering Russia to the north, Georgia to the north-west, Armenia to the west, Iran to the south and Turkey to the south-west, the country’s population in present time is 9,4mln people. Azerbaijan’s total surface area is 86,6 thsd sqm and its capital is Baku. Azerbaijan’s economy has maintained high growth rates, placing it among the leading countries for GDP growth. Industry is among the country’s developed and important sectors, with machine building, metallurgy, fuel and energy, chemicals, food and other areas forming its base.