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		Economic Implications of the Washington Declaration for Azerbaijan and Armenia[Over]		
 By Aytaс Mahammadova, Energy Security Expert affiliated with the Caspian-Alpine Society 
 The Washington Declaration of August 2025 marks a turning point for the South Caucasus, unlocking unprecedented economic opportunities through peace, open borders, and the TRIPP corridor. Enhanced trade, investment, and energy cooperation promise regional integration, job creation, and sustainable growth, positioning Azerbaijan, and Armenia as key hubs in global value chains.
 The historic Washington Declaration of August 8, 2025, represents a transformative moment not only for regional stability but for the economic prosperity of the entire South Caucasus region. The establishment of sustainable peace between these two nations unlocks unprecedented economic opportunities that extend far beyond the immediate benefits of ending hostilities, creating a foundation for long-term economic integration, infrastructure development, and regional cooperation that could serve as a model for conflict resolution worldwide. The economic dividends of peace are multifaceted, encompassing direct benefits from increased foreign investment, enhanced trade relationships, and the opening of previously closed borders, as well as indirect benefits from improved regional stability, and the ability to redirect resources from defence to productive economic activities. READ MORE
 
		The Port of Baku Facilitates Trans-Eurasian Commerce (Part 2)[Over]		 By Vusal GULIYEV, Policy Advisor at the Center of Analysis of International Relations and Head of Shanghai Office at AZEGLOB Consulting Group 
 Azerbaijan is embarking on ambitious reforms and collaborations within its transport and logistics sector, driven by the opportunities presented by the Middle Corridor trade route. Initiatives such as the integration of Azerbaijan’s railway and port systems and the establishment of international partnerships signal a push toward greater efficiency and connectivity in trade infrastructure. On April 25, Azerbaijani Foreign Minister Jeyhun Bayramov, during a press conference with Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, stated that work is underway to increase the cargo capacity at the Port of Baku from 15 million tons to 25 million tons. Efforts such this underscore Baku’s vision of transforming the country into a critical node of global trade routes, reinforcing regional connectivity and contributing to economic diversification READ MORE
 
		Azerbaijan invites business to help reconstruct Nagorno-Karabakh[Over]		
 By Fuad Shahbazov, Baku-based independent regional security and defence analyst 
 Since its victory in the Second Karabakh War with Armenia in 2020, the Azerbaijani government has begun a massive reconstruction of the former war-torn region. Azerbaijan has demonstrated a firm commitment to reconstructing Nagorno-Karabakh, which was largely neglected and left unattended for three decades. According to the Azerbaijani state media, between 2020 and 2023, the authorities have allocated AZN12 billion to Karabakh's reconstruction/rebuilding process and an additional AZN4 billion AZN in 2024. Overall, the state programme dubbed “Great Return” envisions the allocation of AZN30.5 billion from the state budget between 2022 and 2026. Considering the fact that the reconstruction is a lengthy and costly process, at the first stage, Azerbaijan prioritized the reconstruction of larger urban areas such as Aghdam, Lachin, Shusha, Fuzuli, and Zangilan in order to initiate the steady return of former Azerbaijani IDPs, making those areas economically attractive for potential local and foreign investors.  READ MORE
 
		The Rising Strategic Role of Azerbaijan in Euro-Asian Economic Relations[Over]		 By Ayaz MUSEYIBOV, Head of Department, Center for Analysis and Communication of Economic Reforms of the Republic of Azerbaijan 
 Currently, energy and trade routes security is one of the major considerations at the global level. In the wake of the recent global events, the importance of energy resources is more likely to become a dominant matter which the global economy tremendously needs.
 Energy supply to Europe, particularly to South and South-Eastern Europe, depends on only one source. However, the European Commission is accelerating the economic diversification processes beginning with the gas routes in order to reduce the economic dependency. Hence, the EU has already held various talks with energy players such as Egypt, Qatar, the United States, South Korea, Nigeria, and Azerbaijan to increase natural gas supplies in the case of a gas crisis. READ MORE
 
		The Myths and Realities of Vladimir Putin’s Eurasian Economic Union[Over]		 By George Niculescu, Head of Research, The European Geopolitical Forum
 Why use the OSCE to take a “jibe” at you know who ?  When on 6 December 2012, in the margins of the OSCE ministerial meeting in Dublin, the US state secretary Ms. Hillary Clinton warned about "a new effort by oppressive governments to "re-Sovietize" much of Eastern Europe and Central Asia" , many observers of Eurasian affairs might have wondered why she lashed out at Russia just before meeting foreign minister Sergey Lavrov to discuss the Syrian crisis. READ MORE 
		Post-Revolution Tunisia: Still Waiting for Economic Recovery[Over]		 by Naim Ameur Expert on political transition in Tunisia and the Maghreb
   One year after the Jasmine Revolution of January 14, 2011, Tunisia has successfully advanced in its democratic transition and political reform process. The election of the National Constituent Assembly (NCA) held on October 23, 2011 was well organised, and for the first time in history, it was fair. Al-Nahdha (which means “renaissance” in Arabic), a moderate Islamic party, won 41 per cent of the NCA seats. READ MORE 
		The EU-Russia Energy Partnership:  Overcoming the Challenges[Over]		The energy trade between Russia and the countries of the European Union (EU) is of fundamental significance for the energy security of each party. Despite the close proximity of the EU-Russia energy relationship, however, the legal and political basis underpinning this relationship, particularly with regards to the gas trade, has proven itself inadequate in guaranteeing the energy security of both parties. Russia's recent announcement of its intention "of not becoming a member" of the Energy Charter Treaty, and new proposal for global energy security has created further uncertainty. While it is hoped that a new government in Kiev will lead to an improvement of Russian relations with Ukraine, Ukraine's national gas transportation operator remains in a difficult financial position and another gas crisis embroiling Ukraine, Russia and the EU, whilst hardly imminent, cannot be entirely ruled out. Leading Russian and international energy professionals have shared their views on these energy policy challenges in an online session. Click here to go into the discussions or here to view forum summary |  |