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BAKU: CNN Intl' broadcast on economic boom in Azerbaijan

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  • BAKU: CNN Intl' broadcast on economic boom in Azerbaijan

    State Telegraph Agency of the Republic of Azerbaijan
    July 15, 2010 Thursday


    AMERICAN CNN-INTERNATIONAL BROADCAST ON ECONOMIC BOOM IN AZERBAIJAN

    Washington July 15, 2010


    The influential US-based CNN-International on 12 July aired a report
    dedicated to Azerbaijan.

    A brief video report of the CNN World View program made by Sevinj
    Osmanqizi of Azerbaijani TV station ANS deals with the effects of
    Azerbaijan`s economic boom.

    The clip shows the massive Sadarak shopping center outside Baku, where
    a collection of ramshackle market stalls, many of them trading
    illegally, has been transformed into a modern shopping center with
    convenient transport links for shoppers from Georgia, Iran and Russia.

    The reporter compares Sadarak with the recently opened Park Bulvar
    shopping center on Baku`s seafront boulevard. Although the center
    backs onto Neftchilar Avenue, home to exclusive designer boutiques
    such as Versace, Park Bulvar`s prices are still affordable for many
    people.

    Despite the global economic downturn, Azerbaijan managed to finish
    last year with double digit growth, the reporter underlines.

    With poverty dropped to a record low of 20% and wages doubled, retail
    and paid services are flourishing in Azerbaijan, the reporter says.

    Fostering competition and a market based economy is exactly what
    Azerbaijan is trying to achieve while making the most of the oil
    boom... The biggest challenge of all is how to make Azerbaijan`s
    economy diverse and sustainable when the oil boom is gone, the
    reporter concludes.

    The World View being one of the long-standing programs in CNN, has
    been televised since 1987. Since 1988, the program has prepared
    several programs on Azerbaijan realities. Among them also was the
    Armenia-Azerbaijan, Nagorno Karabakh conflict, the Khojaly genocide,
    20 January tragedy and other themes.

    The clip can be seen on CNN's website.

    It was broadcast several times by CNN between 10 and 13 July.




    From: A. Papazian
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