Executive branch: chief of state: President Heydar ALIYEV (since 18 June 1993) head of government: Prime Minister Artur RASIZADE (since 26 November 1996) cabinet: Council of Ministers appointed by the president and confirmed by the National Assembly elections: president elected by popular vote to a five-year term; election last held 11 October 1998 (next to be held NA October 2003); prime minister and first deputy prime ministers appointed by the president and confirmed by the National Assembly election results: Etibar MAMEDOV 11.8%, Nizami SULEYMANOV 8.2%

Legislative branch: unicameral National Assembly or Milli Mejlis (125 seats; members elected by popular vote to serve five-year terms) elections: last held 4 November 2000 (next to be held NA November 2005) election results: percent of vote by party - NA%; seats by party - NAP and allies 108, APF 6, CSP 3, PNIA 2, Musavat Party 2, CPA 2, APF "traditionalist" 1, Compatriot Party 1

Judicial branch: Supreme Court

Political parties and leaders: Azerbaijan Popular Front or APF [Ali KARIMLI, leader of "reform faction"; Mirmahmud FATTAYEV, leader of "traditionalist" faction]; Civic Solidarity Party or CSP [Sabir RUSTAMKHANLY]; Civic Union Party [Ayaz MUTALIBOV]; Communist Party of Azerbaijan or CPA [Ramiz AHMADOV]; Compatriot Party [Mais SAFARLI]; Democratic Party for Azerbaijan or DPA [Rasul QULIYEV, chairman]; Justice Party [Ilyas ISMAILOV]; Liberal Party of Azerbaijan [Lala Shvkat HACIYEVA]; Musavat [Isa GAMBAR, chairman]; New Azerbaijan Party or NAP [Heydar ALIYEV, chairman]; Party for National Independence of Azerbaijan or PNIA [Etibar MAMMADOV, chairman]; Social Democratic Party of Azerbaijan or SDP [Zardust ALIZADE and Araz ALIZADE] note: Political pressure groups and leaders: Sadval, Lezgin movement; self-proclaimed Armenian Nagorno-Karabakh Republic; Talysh independence movement

International organization participation: AsDB, BSEC, CCC, CE, CIS,
EAPC, EBRD, ECE, ECO, ESCAP, FAO, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IDB,
IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (correspondent),
ITU, NAM (observer), OAS (observer), OIC, OPCW, OSCE, PFP, UN, UNCTAD,
UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WToO, WTrO (observer)

Diplomatic representation in the US: chief of mission: Ambassador Hafiz Mir Jalal PASHAYEV chancery: 2741 [1] (202) 337-5911 telephone: Diplomatic representation from the US: chief of mission: Ambassador Ross WILSON embassy: 83 Azadliq Avenue, Baku 370007 mailing address: American Embassy Baku, Department of State, [9] (9412) 98-03-35, 36, 37 FAX: Flag description: three equal horizontal bands of blue (top), red, and green; a crescent and eight-pointed star in white are centered in red band

Economy Azerbaijan

Economy - overview: Azerbaijan's number one export is oil. Azerbaijan's oil production declined through 1997 but has registered an increase every year since. Negotiation of production-sharing arrangements (PSAs) with foreign firms, which have thus far committed $60 billion to oilfield development, should generate the funds needed to spur future industrial development. Oil production under the first of these PSAs, with the Azerbaijan International Operating Company, began in November 1997. Azerbaijan shares all the formidable problems of the former Soviet republics in making the transition from a command to a market economy, but its considerable energy resources brighten its long-term prospects. Baku has only recently begun making progress on economic reform, and old economic ties and structures are slowly being replaced. An obstacle to economic progress, including stepped up foreign investment in the non-energy sector, is the continuing conflict with Armenia over the Nagorno-Karabakh region. Trade with Russia and the other former Soviet republics is declining in importance while trade is building with Turkey and the nations of Europe. Long-term prospects will depend on world oil prices, the location of new pipelines in the region, and Azerbaijan's ability to manage its oil wealth.

GDP: purchasing power parity - $24.3 billion (2001 est.)

GDP - real growth rate: 9.9% (2001 est.)