By Armen Grigoryan
April 15th, 2016, The CACI Analyst
Tensions along the line of contact in Nagorno-Karabakh between April 2 and 5 resulted in the heaviest exchanges of fire since 1994. Even though the use of some types of weapons was quite unexpected, the general logic of developments in the conflict in recent years has made the recent fighting rather predictable. Concerning further hostilities, the question is not if, but when they will happen. While this danger needs to be addressed by means of international mediation, so far only Russia demonstrates substantial activity in this regard. Russia’s unilateral involvement will pursue its own particular regional interests rather than producing a lasting solution to the conflict.
By Fariz Ismailzade
March 11th, 2016, The CACI Analyst
After a decade of transformational economic growth, reduced oil prices forced Azerbaijan to a double devaluation of its national currency, significant reduction of public spending, slowdown of GDP, and most importantly, panic in the domestic market among both the general population and the business community. The government responded with several anti-crisis programs and measures, aimed at stimulating national economy, supporting local production and easing the business climate for the local entrepreneurs. President Ilham Aliyev has called 2016 “a year of deep economic reforms.” It remains to be seen whether the country will be able to shift gears and transform its economy to achieve sustainable growth from non-oil sectors.
By Boris Ajeganov
March 7th, 2016, The CACI Analyst
Uncertainty on the future of Georgia’s energy security has been growing since late 2015, when Georgia’s minister of energy and deputy PM Kakha Kaladze met with Alexey Miller, CEO of Russia’s Gazprom twice in the span of a month. Discussions on Gazprom’s potential return to the Georgian market quickly raised eyebrows in Baku and caused popular protests in Tbilisi. In a March 4 turnaround, Kaladze announced a deal to receive additional gas from Azerbaijan, thus removing the need to import Russian gas. Party politics aside, Tbilisi appears to have skillfully used its strategic position in the South Caucasus to secure a favorable energy deal without sacrificing its sovereignty.
By Fariz Ismailzade
February 19th, 2016, The CACI Analyst
After a decade of cold relations, Azerbaijan and Iran are eager to warm up to each other, as both nations are hungry for foreign investments and boosted regional trade. As world oil prices hit low levels, Azerbaijan and Iran are looking for ways to develop their non-oil economy, integrate regional transport networks and boost mutually advantageous business projects. In that respect, thorny political issues that have dominated the bilateral relations appear to have been put on the backburner. President Ilham Aliyev’s upcoming visit to Iran will aim at lifting Azerbaijani-Iranian relations to a new high.
By Eka Janashia
November 6, the CACI Analyst
On October 10, Georgia’s PM Irakli Garibashvili made an unplanned visit to Baku to meet with Azerbaijan’s President Ilham Aliyev. The visit came after statements by Georgian officials on a possible restoration of gas supplies from Russia. Given Azerbaijan’s central role in Georgia’s gas sector, the move could damage the partnership between Tbilisi and Baku.
The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.