On June 21, 2024, Baku hosted the fifth meeting of the Russia–Azerbaijan Expert Council (RAEC) themed “Cooperation Between Russia and Azerbaijan in Regional Projects and Initiatives,” jointly organized by the Russian International Affairs Council (RIAC) and the Center of Analysis of International Relations (AIR ...
... the margins of the international agenda and the media narrative by developments in and around Ukraine. However, the importance of geopolitical transformations in this part of Eurasia should by no means be underestimated.
Sergey Markedonov:
Armenian-Azerbaijani Conflict: Last Chapter or More to Come?
To begin with, it was here, in South Caucasus, that the internationalization of the post-Soviet space was most active over the first 15 years of the 21
st
century. And it was here, in August 2008, that ...
... latest example, as most of the ethnic quarrels in the South Caucasus are still ongoing since 1991, with Abkhazia and South Ossetia remaining
de facto
[
1
] independent from Georgia, while only one of the three recognized countries (Armenia, Georgia, and Azerbaijan), Armenia, has managed to join a supranational framework [
2
].
In over three decades, the political-economic context of the region has deteriorated with a continuous decline in birth rates coupled with emigration, difficult economic recovery ...
... means that all investment in the Belt and Road is effectively backstopped by the state and denominated in RMB. For host economies, there is nothing wrong with letting the China side take the financial risk if the project is of direct benefit to the host economy. But if the
RMB denominated risk is on the Eurasian side
, and the project is to the benefit of Beijing, such as with Uzbekneftgaz’s pipeline construction, then who is really win-winning?
As the major underwriter for China’s key industrial ...