By Stephen Blank

October 10th, 2016, The CACI Analyst

There are several signs of a possible turn for the better in the energy prospects of Caspian states, and especially Azerbaijan. The collapse of energy prices appears to have bottomed out. Even prices stagnating at US$ 40-60 a barrel gives energy producers a certain margin to cushion the shocks they will endure. A major aspect of the Caspian states’ comparative advantage is their proximity to Turkey and Southeastern Europe. As European growth recovers, the demand for energy coming through those states will likely grow. Ukraine’s growing freedom from Russian energy coercion will also stimulate it to look for alternatives and new opportunities for Caspian producers. Yet the perhaps most encouraging sign is the construction of new capacities to tie together and eventually integrate the European market. 

By Fariz Ismailzade

September 26th, 2016, The CACI Analyst

The frequently discussed but always delayed “North-South” transport corridor was finally kicked off during a trilateral summit of three Presidents in Baku in August. It will bring major geopolitical changes to the region and further cement the growing ties between Russia, Azerbaijan and Iran. Coupled with the “East-West” transport corridor, Baku is set to become a transport hub of the greater Eurasia. 

By Richard Weitz

August 24th, 2016, The CACI Analyst

NATO’s Warsaw summit on July 8-9 made progress in strengthening Baltic security, enhancing the alliance’s counterterrorism and cyber defense capabilities, and strengthening relations with the European Union (EU). But the alliance has still not solved the challenge of ensuring the security of non-member states, including Afghanistan as well the countries of Central Asia and the South Caucasus. 

By Boris Ajeganov

August 10th, 2016, The CACI Analyst

Georgian PM Giorgi Kvirikashvili became the first foreign head of state to visit Turkey after the failed coup attempt by parts of the Turkish military in the evening of Friday, July 15. Kvirikashvili met with his counterpart, PM Binali Yildirim, and President Erdoğan in Ankara on July 19 as part of an inaugural meeting of the High Level Georgia-Turkey Strategic Cooperation Council. The visit — the PM’s first official to Turkey — was planned long before the attempted coup. Although the event focused on bilateral trade and economic issues, both parties emphasized that the official visit demonstrated Georgia’s continued support for Turkey’s democratically elected authorities, despite concerns that Erdoğan used the coup attempt as pretext for a major purge of political opponents at all levels of government. In the end of the day, regardless of what direction Turkey’s politics take, Georgia does not have much of a choice but to toe its neighbor’s line, come rain or shine.

By Elman Gafarov

July 29th, 2016, The CACI Analyst

2016 has become the year of most active peace talks on Nagorno-Karabakh conflict since its cease-fire in 1994. The reason is the deadly April clashes between the warring sides and the “wake-up” call to all mediators that the conflict can get out of control and cause serious damage to the regional security and stability in South Caucasus. Russia is particularly seen to be worried about this trend. Therefore, the high-level talks are held in an effort to change the status-quo on the ground and end the occupation of Azerbaijani territories. The positive trend can be nevertheless be derailed due to social and political unrest in Yerevan.