In an exclusive interview with Bloomberg Adria, Dr Marat Terterov, Founder and Director of the Brussels Energy Club, and Co-founder of the European Geopolitical Forum, assessed the prospects of energy transition in Europe within a complex geopolitical context. In particular, he addressed the main challenges ahead such as: decarbonization of transports, the need for an urgent diversification of energy (in particular gas) supply sources and adjusting the energy markets to geopolitical imperatives (mainly due to EU sanctions against Russia). Regarding the latter, Dr. Terterov alluded to an older issue: “can states control markets?”. While market actors (including suppliers and consumers) do not aim to support the Russian war in Ukraine, they don’t want to become collateral damage either. Gas trading relations are usually very long term. It’s therefore still to be seen how the European gas markets actors would react to Brussels pressures to phase out Russian gas supply over the short term. Meanwhile, Russia has no interest in undermining the European energy transition, but it may be interested to maintain a share of the European gas market, at least by the time it was able to fully redirect its exports towards the East (China, Pakistan).
WATCH INTERVIEW
By Shanthie Mariet D’SOUZA, PhD, founder & president, Mantraya Institute for Strategic Studies (MISS)
India’s climate policy must demonstrate real achievements vis-à-vis fossil fuels while highlighting modest gains in the realm of green energy.
After attending COP30, the United Nations climate summit at the Brazilian city of Belem, India’s Environment Minister Bhupender Yadav declared on November 30 that the summit was “a significant milestone in advancing equity and climate justice.” He added that India had “achieved all its major goals at the global negotiations and its positions are reflected in all major decisions.” Despite this self-congratulatory message and India’s attempt to anoint itself as the leader of the developing world, New Delhi’s track record remains contradictory. Some impressive achievements sit alongside major loopholes in India’s climate policy and practice. As the Global South struggles to convince the developed world to play its part in climate financing, India has to do more to chart out a clear roadmap for reducing carbon footprints. READ MORE
By Vasif HUSEYNOV, PhD, Head of Department, AIR Center, Adjunct Lecturer, ADA and Khazar Universities, Baku
The Zangezur Corridor – recently rebranded as the Trump Route for International Peace and Prosperity (TRIPP) — has become one of the most discussed and debated infrastructure projects in Eurasia. Stretching 43 kilometres through Armenia’s Syunik Province, it promises to reconnect mainland Azerbaijan with its Nakhichevan exclave and, through Türkiye, to Europe. It is a project of logistics and trade — a corridor capable of shortening cargo transit from Asia to Europe from 18 days to 12 along the Middle Corridor, reducing dependency on maritime choke points, and creating new opportunities for growth across the South Caucasus. In practice, however, the TRIPP risks becoming a stage for geopolitical contestation unless regional actors ensure that its purpose remains economic, inclusive, and depoliticized. READ MORE
By Fuad Shahbazov, Baku-based independent regional security and defence analyst
The 12-day Israel-Iran war revealed new vulnerabilities in the Islamic Republic and increased tensions between Iran and its neighbour, Azerbaijan. In the aftermath of the strategic setback to Iranian nuclear and military facilities, Iran’s conservative political and security establishment began shifting focus toward perceived “close enemies” said to be complicit in the Israeli attacks. Among the primary targets of this narrative has been Iran’s northern neighbor, Azerbaijan, which Iranian state-run media and channels affiliated with the Islamic Revolutionary Guard Corps (IRGC) accused of providing “intelligence support to Israel” during the strikes on nuclear, military, and civilian sites. While Azerbaijani officials categorically denied any involvement in Israeli military operations and the Iranian government did not present concrete evidence supporting its claims, the media campaign renewed tensions between Tehran and Baku, undermining a period of cautious diplomatic stability that had followed earlier disputes over Armenia and other issues. Indeed, the Iranian criticism of a growing Azerbaijan-Israel alliance is not a new phenomenon and Azerbaijan’s ties with Israel have long been a source of discontent in Azerbaijan-Iran relations. READ MORE
The Republic of Uzbekistan has demonstrated significant success in the international arena, strengthening its active participation in the United Nations (UN) and its specialized agencies. In 2024, the country achieved a number of key milestones that underline its commitment to universal principles and standards in the areas of human rights, socio-economic development, labor, and global cooperation.
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Ozodbek Nazarbekov, Minister of Culture of the Republic of Uzbekistan
Culture and art are the foundation of civilization, national identity, and spiritual perfection, as well as important indicators of a country’s progress. The development of these spheres, reflecting the spiritual growth of the people, their past, present, and future, requires an approach that meets the demands of the times. This is why the reforms aimed at the development of culture and art in Uzbekistan carry profound meaning and are entering a new phase.
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At the UN, as an official document of the General Assembly has been distributed in English, Arabic, Spanish, Chinese, Russian, and French, highlighting the unique institution of mahalla in Uzbekistan. READ MORE
Agriculture is one of the leading sectors of Uzbekistan’s economy.
This sector accounts for more than 24% of the republic's gross domestic product and employs about a quarter of the total workforce. Thus, sustainable development and modernization of agriculture is a key priority of state policy and macroeconomic development strategy of the republic to ensure overall economic growth and improve the population’s welfare. READ MORE