Open
By Vasif HUSEYNOV, PhD, Head of Department, AIR Center, Adjunct Lecturer, ADA and Khazar Universities, Baku
On August 18–19, Russian President Vladimir Putin paid a two-day visit to Azerbaijan. This marked the first state visit by a Russian president to the South Caucasian republic and only the second visit in the bilateral relationship since former Azerbaijani President Heydar Aliyev’s trip to Moscow in 2002. Contrary to expectations from local observers, the visit did not yield any significant agreements or binding political and economic arrangements. A few announcements were made regarding future joint initiatives, including cooperation on food security, labour inspections, the establishment of a Russian-Azerbaijani university, and the joint production of oil tankers. An agreement was also reached to expand the partnership between Russia’s public joint-stock company (PJSC) Gazprom and the State Oil Company of the Republic of Azerbaijan (SOCAR) . Gazprom CEO Alexey Miller revealed that the two sides agreed to broaden their “multifaceted strategic partnership,” particularly concerning the International North-South Transportation Corridor (INSTC) project. He also mentioned the planned signing of a comprehensive scientific and technical cooperation program in September. While few details were disclosed, this marked their first public reference to the INSTC project, about which little is currently known. Putin’s visit to Azerbaijan demonstrates how Russia seeks to maintain its influence in the region, which could lead to neighbouring states, such as Iran and Armenia, feeling threatened.
READ MORE
0 Pros
0 Cons
Comments 0