By Natalia Konarzewska
July 31, 2017, the CACI Analyst
In late May, the member states of the Organization of the Petroleum Exporting Countries (OPEC) and several crude producers outside the cartel decided to extend the cuts in oil production by another nine months. This is a follow-up of agreement on the oil production freeze, introduced in November last year by major OPEC crude producers and several countries outside the organization to stabilize the plummeting oil prices and rebalance supply and demand in the crude market. Azerbaijan, which is not an OPEC member, decided to join the freeze deal and its May extension to break this downward spiral and mitigate the negative effects of the oil price on its budget revenues.
By Rizwan Zeb
August 7, 2017, the CACI Analyst
Afghanistan has been a factor in the rivalry between India and Pakistan since 1947. Prime Minister Narendra Modi has embarked upon a campaign to isolate Pakistan from developments in Afghanistan. The Sixth Heart of Asia summit, held in Amritsar, India in December 2016, was overshadowed by this increasing enmity. Afghanistan’s President Ashraf Ghani sided with Modi, accusing Islamabad of all ills in Afghanistan. New Delhi’s and Kabul’s approach at Amritsar must be avoided in the future. Kabul needs to put its house in order and should not become a party to Indo-Pakistan rivalry. New Delhi and Islamabad also need to understand that expanding this rivalry into Afghanistan will not serve their interests.
By Richard Weitz
August 3, 2017, the CACI Analyst
The June Shanghai Cooperation Organization (SCO) summit in Astana marked the SCO’s first membership expansion since its creation in 2001. By finally ending this logjam, the SCO has raised expectations of continued enlargement and increased geopolitical weight. However, major obstacles to further growth persist; meanwhile, more members deepen the mutual tensions and rivalries within the institution.
By Ilgar Gurbanov
July 24, 2017, the CACI Analyst
On May 23, the defense ministers of Azerbaijan, Georgia and Turkey (AGT) held a trilateral meeting in Batumi, followed in June by the joint trilateral field training Caucasian Eagle 2017 of the three countries’ Special Operations Subdivisions in Georgia’s Vaziani base. The negative impact of terrorism and aggressive separatism on stability and development in the region makes it necessary to pool the capabilities of these countries to confront potential threats directed against their security and sovereignty. The AGT tripartite partnership has proven more successful than other regional integration blocs and initiatives.
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.