The Caucasus: Between East and West

... volume of contracts for arms and military equipment [between New Delhi and Yerevan] is about USD 2 billion with a wide range of articles.” New Delhi is also keen on the North-South corridor, and here it is in need of close interaction with Russia and Iran, which causes certain phobias in the West. Meanwhile, Baku remains the largest trading partner of New Delhi. The Indian side exports USD 79.4 million worth of goods to the Caspian republic and imports USD 595 million worth of goods from Azerbaijan, which significantly exceeds the figures for Georgia and Armenia. Thus, the Caucasus region is going through not only “Westernization” but also “Easternization.” Poor prospects for integration If we try to describe the architecture of regional security in the Caucasus with a single formula ...