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South Caucasus News

Azerbaijan amends decree on Alat Free Economic Zone – Trend News Agency


Azerbaijan amends decree on Alat Free Economic Zone  Trend News Agency

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South Caucasus News

Azerbaijan airs weekly review of key events in fuel, energy sector and green economy – Trend News Agency


Azerbaijan airs weekly review of key events in fuel, energy sector and green economy  Trend News Agency

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Audio Review - South Caucasus News

Sabalenka Overpowers Zheng to Retain Australian Open Crown


MELBOURNE, AUSTRALIA — Aryna Sabalenka continued to be an irrepressible force at the Australian Open as she powered to a 6-3, 6-2 victory over Chinese 12th seed Zheng Qinwen on Saturday to successfully defend her title and add a second Grand Slam trophy to her cabinet. 

The Belarusian second seed has barely put a foot wrong as she became the first woman to retain the Melbourne Park crown since compatriot Victoria Azarenka in 2013. 

“It’s been an amazing couple of weeks, and I couldn’t imagine myself lifting this trophy one more time,” Sabalenka said. 

“I want to congratulate you, Qinwen, on an incredible couple of weeks here in Australia. I know it’s really tough to lose in the final, but you’re such an incredible player,” she said. “You’re such a young girl, and you’re going to make many more finals and you’re going to get it.” 

Sabalenka came into the match without dropping a set at the year’s first major. She remained perfect to join Ash Barty, Serena Williams, Maria Sharapova and Lindsay Davenport in the elite club of players to have managed the feat since 2000. 

She unleashed monster groundstrokes to grab the final by the scruff of the neck with an early break, and thousands of Chinese supporters and millions back home watched Zheng fall behind 3-0. 

Sabalenka did not have her nation’s flags in the stands because of a ban over her country’s role in Russia’s invasion of Ukraine, but the charismatic 25-year-old has a big Melbourne fan base. She rode the Rod Laver Arena support to take the first set. 

Zheng, who had saved four set points, showed she was slowly growing in confidence in her second meeting with Sabalenka by firing up her own big forehand amid the rallying cry of “Jia You” from her compatriots in the crowd. 

The 21-year-old first-time finalist, bidding to match her idol Li Na — the Melbourne Park champion 10 years ago and first Chinese player to win a major — saw her hopes fade after two more errors on serve left her 4-1 down. 

Sabalenka shrugged off a shaky service game to close out the most one-sided final since Azarenka beat Maria Sharapova 6-3, 6-0 in 2012. 

“It’s my first final and I’m feeling a little bit pity, but that’s how it is,” Zheng said. “I feel very complicated because I could have done better than I did in this match.” 


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South Caucasus News

Sabalenka Overpowers Zheng to Retain Australian Open Crown


MELBOURNE, AUSTRALIA — Aryna Sabalenka continued to be an irrepressible force at the Australian Open as she powered to a 6-3, 6-2 victory over Chinese 12th seed Zheng Qinwen on Saturday to successfully defend her title and add a second Grand Slam trophy to her cabinet. 

The Belarusian second seed has barely put a foot wrong as she became the first woman to retain the Melbourne Park crown since compatriot Victoria Azarenka in 2013. 

“It’s been an amazing couple of weeks, and I couldn’t imagine myself lifting this trophy one more time,” Sabalenka said. 

“I want to congratulate you, Qinwen, on an incredible couple of weeks here in Australia. I know it’s really tough to lose in the final, but you’re such an incredible player,” she said. “You’re such a young girl, and you’re going to make many more finals and you’re going to get it.” 

Sabalenka came into the match without dropping a set at the year’s first major. She remained perfect to join Ash Barty, Serena Williams, Maria Sharapova and Lindsay Davenport in the elite club of players to have managed the feat since 2000. 

She unleashed monster groundstrokes to grab the final by the scruff of the neck with an early break, and thousands of Chinese supporters and millions back home watched Zheng fall behind 3-0. 

Sabalenka did not have her nation’s flags in the stands because of a ban over her country’s role in Russia’s invasion of Ukraine, but the charismatic 25-year-old has a big Melbourne fan base. She rode the Rod Laver Arena support to take the first set. 

Zheng, who had saved four set points, showed she was slowly growing in confidence in her second meeting with Sabalenka by firing up her own big forehand amid the rallying cry of “Jia You” from her compatriots in the crowd. 

The 21-year-old first-time finalist, bidding to match her idol Li Na — the Melbourne Park champion 10 years ago and first Chinese player to win a major — saw her hopes fade after two more errors on serve left her 4-1 down. 

Sabalenka shrugged off a shaky service game to close out the most one-sided final since Azarenka beat Maria Sharapova 6-3, 6-0 in 2012. 

“It’s my first final and I’m feeling a little bit pity, but that’s how it is,” Zheng said. “I feel very complicated because I could have done better than I did in this match.” 


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South Caucasus News

Azerbaijani manat’s nominal and real effective exchange rates down


As of January 1 of this year, the nominal effective exchange rate of the Azerbaijani manat compared to foreign currencies was 102 points.

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South Caucasus News

Illegal Armenians accused of murder in France released from custody


Armenian illegal immigrants detained in France on charges of manslaughter of a farmer and her 12-year-old daughter in Pamiers have been released from custody, according to Report.

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South Caucasus News

“I Spent 27 Years Building My Business. I Don’t Know What to Do Today” – The Fuel Crisis in Abkhazia May Develop into a Political One


Fuel crisis in Abkhazia

Ruslan Kokoskeria, the director of the Elka gas station in the Abkhazian city of Gagra, met with journalists at his station. Currently, there is nothing more to do as there is no gasoline available. The consequences in Abkhazia, such as the shortage of fuel, are a result of the fuel sales monopoly introduced by Russia.

In late December 2023, the Russian government granted the state-owned company “Rosneft” a monopoly on importing gasoline and diesel fuel into Abkhazia. This implies that Abkhaz entrepreneurs are barred from procuring fuel from alternative suppliers and importing it into the republic. Furthermore, even previously purchased goods did not reach them.

The “Elka” gas station collaborates with certain organizations on a prepayment basis. Currently, they are replenishing the remaining prepaid diesel fuel for regular customers, including a branch of the energy company “Chernomorenergo” and a local hospital. Simultaneously, a new batch of fuel, already purchased but not yet registered, is situated at an oil depot in Russia. Unfortunately, it cannot be returned or transported.

Similar to Elka, starting from December 25, 2023, the majority of gas stations in Abkhazia had to cease operations due to the depletion of gasoline and diesel fuel supplies. Some, like Ruslan Kokoskeria, continued to serve corporate clients through prepaid fuel cards, but most employees were placed on paid leave.



On January 24, a rally was held in Sukhum, attracting approximately three hundred participants. Gas station managers found themselves compelled to elucidate the closure of gas stations to both their employees and consumers, outlining the potential threats to business and the general population.

“They are attempting to compel us to adopt a sole fuel supplier; they are urging us to enter into an agreement with “Rosneft”. However, firstly, even the state company “Abkhaztop” has struggled to finalize an agreement with them for three months now. We are uncertain about how this will impact us. Secondly, having only one supplier equates to market monopolization,” stated Eduard Argun, the director of the fuel company.

“Azid” stands as the singular major national fuel enterprise in Abkhazia, devoid of foreign capital, and ranks among the top five major taxpayers in the region.

Fuel crisis in Abkhazia. Photo: Marianna KotovaPhoto: Marianna Kotova

The Abkhaz authorities were alerted to the restrictions imposed by Russia through entrepreneurs grappling with import challenges. On January 24, as gas station managers and their clients deliberated on their shared predicament, a three-hour meeting of the Economics Committee unfolded in parliament. The session included participation from the ministers of economy and transport, as well as representatives from fuel companies.

The outcome of this meeting clarified that only previously declared fuel would be permitted to cross the border, and solely through rail transport. Questions lingered about the fate of pre-paid gasoline pending customs clearance and whether fuel companies could maintain collaborations with their suppliers.

“They only mentioned waiting for information from the Russian side regarding the possibility of resuming deliveries. We are supposed to receive proposals from “Rosneft” and discuss the potential for entering into contracts with them,” stated Adamyr Gabunia, the General Director of Azid.

The gas station workers’ rally transformed into a procession leading to the government complex. Delegates sought an audience with the head of the Cabinet of Ministers. An hour later, Minister of Energy and Transport, Jansukh Nanba, addressed the crowd, assuring that the issue would be addressed in Moscow “with high-ranking officials.” However, the minister conveyed that, at this stage, there was little that could be done.

On January 25, the previously declared fuel was transported into Abkhazia via rail. The management of the Azid company estimated that this volume would sustain their gas stations for approximately 10 days. Subsequently, the gas stations may face closure again.

“We must make payments for new shipments and arrange their import. However, if compelled to sign an agreement with Rosneft, this process will also be time-consuming. Resolving the issue might take months, and we employ around 300 people who need to receive their salaries,” stated Eduard Argun.

Among the company’s employees are veterans of the Georgian-Abkhaz war, mothers of many children, and village residents for whom this employment constitutes a significant portion of the family budget.

While “Azid” managed to open its gas stations, if only for a brief period, small entrepreneurs faced challenges in delivering their fuel.

Many of them began their ventures by pouring gasoline from cans on the side of the highway, building businesses from the ground up. Today, they find themselves on the brink of bankruptcy.

“I started with a hundred dollars that I borrowed and then spent 27 years building my business. I don’t know what to do today,” shares Ruslan Kokoskeria, the director of the Elka gas station.

Furthermore, the nearly month-long shutdown of gas stations implies a substantial shortfall in tax deductions for the already modest Abkhaz budget.

In essence, with a single decision, Russia disrupted the entire fuel supply system of Abkhazia, impacting employment and budget formation.

As a result, it is conceivable that if the fuel supply issue remains unresolved, it may escalate into a political problem. Several hundred dissatisfied individuals might align with the camp of opponents of the Abkhaz government.


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South Caucasus News

Opposition MPs visit Gyumri



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South Caucasus News

Georgian National Tourism Administration holding negotiations with int’l companies at FITUR 2024 in Madrid – Agenda.ge


Georgian National Tourism Administration holding negotiations with int’l companies at FITUR 2024 in Madrid  Agenda.ge

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South Caucasus News

At least 4 brand hotels are expected to open in Baku this year


According to the information of the State Statistics Committee, about 800 accommodation facilities are currently operating in Azerbaijan, Azernews reports, citing Gunay Sağlam, the chief executive director of the Azerbaijan Hotels Association, telling in an interview with local media outlets.