Armenia is located in Transcaucasia at the junction of Asia and Europe. On the administrative border, Armenia is located between the Black Sea and the Caspian Sea, bordering Turkey in the west, Georgia in the north, Azerbaijan in the east, Nakhichevan Autonomous Republic and Azerbaijan in Iran in the south, and Yerevan, the capital.
The Azerbaijani government has made great achievements in developing the oil industry and revitalizing the national economy. The successful development of Caspian oil and gas has promoted the rapid development of Azerbaijan's economy and society. By the end of 20 13, the unemployment rate and poverty rate had dropped to 5% and 5.3% respectively. Strategic foreign exchange reserves reached $50.032 billion.
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Regional location of Azerbaijan
Azerbaijan * * * is located in the eastern part of the South Caucasus at the junction of Eurasia, with an area of 86,600 square kilometers, located at 44 ~ 52 east longitude and 38 ~ 42 north latitude. It borders the Caspian Sea in the east, Iran and Turkey in the south, Russia in the north and Georgia and Armenia in the west.
The Caucasus mountains run through the whole territory from west to east, and the remaining veins eventually disappear in the Caspian Sea. Its enclave, the Autonomous Republic of Nasichevan, is surrounded by Armenia, Iran and Turkey. Albania has a land border of 2,657 kilometers and a coastline of 456 kilometers.