BTC TO AFFECT ON PROCESSES ONGOING WORLDWIDE – AZERI PRESIDENT

Baku Today, Azerbaijan
July 1 2006

The Baku-Tbilisi-Ceyhan main export oil pipeline is very important
for the region and will affect on the processes developing worldwide,
Azerbaijani President Ilham Aliyev stated in his address to public
in Zardab District of Azerbaijan on 30 June 2006, Trend reports.

The head of state said that over the past 2.5 years around 400,000
new jobs have been created in the country, while Azerbaijan ranks
the top place for growth pace of the GDP.

Aliyve noted that the country’s leadership continued adhering a
constant policy set up by the former President Heydar Aliyev, who
is the author of the national oil strategy. "But we have a number of
tasks to fulfill and we should ensure economic and energy security,"
the President added.

Aliyev reminded that over 4,500 schools function in Azerbaijan, of
which 60-70% are in need of renovation. Last year 300 new schools were
built in the country and this year it is planned to build schools in
the name number.

The head of state participated in opening of the monument and museum
of Heydar Aliyev, a ceremony of commissioning of 32-flat building for
the Karabakh war disabled, as well as opening of a secondary school
and local branch of Bank of Azerbaijan.

The President ended his tour of the central regions of Azerbaijan –
Ujar and Zardab.