Executive Summary: On January 6, the State Oil Company of the Republic of Azerbaijan (SOCAR) announced plans to invest in Türkiye’s energy sector, strengthening bilateral ties and allowing Baku to expand its influence in Europe and the Middle East. SOCAR is critical in meeting Türkiye’s... MORE

Executive Summary: Russia’s Federal Security Service border guards left Armenia’s border checkpoint with Iran on December 30. Even though Russian guards will remain elsewhere on the entire stretch of the Armenia-Iran border, it represents further diversification away from Moscow. The European Union Mission Armenia (EUMA)... MORE

Executive Summary: On December 25, 2024, Azerbaijan Airlines Flight J2-8243, planned to fly from Baku to Grozny, Chechnya, crashed near Aktau, Kazakhstan, after a Russian surface-to-air missile exploded near the aircraft mid-flight. The incident has strained Azerbaijan-Russian relations. Azerbaijani officials criticized Moscow’s denial, lack of... MORE

Executive Summary: In October, Azerbaijani and Iranian officials discussed the Aras Corridor railway project, a strategic alternative to the contested Zangezur Corridor, amid ongoing Azerbaijan-Armenia tensions and diplomatic efforts to enhance regional connectivity following the 2020 Karabakh War. The Aras Corridor strengthens Azerbaijan–Türkiye–Central Asia ties... MORE

Executive Summary: The ruling Georgian Dream secured re-election for another four-year term, and ethnic Azerbaijani and Armenian populations in Georgia, who tend to support the ruling party, were blamed by opposition groups for contributing to Georgian Dream’s victory. Allegations are circulating about the manipulation of... MORE

Executive Summary: The European Union is working with the countries along the Trans-Caspian Transport Corridor (also known as the Middle Corridor) to support infrastructure development and provide technical assistance for improving standards, digitalization, and regional interoperability. Disruptions along the trans-Russia northern route due to Western... MORE

Executive Summary: Azerbaijan and Pakistan signed a $1.6 billion arms deal in September to supply Azerbaijan with the joint Pakistani-Chinese JF-17 Thunder Block III fighter jets, strengthening the military partnership between Islamabad and Baku. In the last several years, Baku has been diversifying its international... MORE

Executive Summary: Baku announced in August its application to join BRICS to align with major developing economies and strengthen political relationships on the global stage. Joining BRICS will create new opportunities for Azerbaijan in the transportation sector. In recent years, Azerbaijan has strived to become... MORE

Executive Summary: Azerbaijan announced its application for BRICS membership on August 20, which has been backed by Russian leaders and emphasizes Azerbaijan’s goal of strengthening ties with China following the China-Azerbaijan joint strategic partnership declaration in July. The increased importance of the South Caucasus region... MORE

Executive Summary: September 2024 marks the fourth anniversary of the Second Karabakh War and the first anniversary of Azerbaijan’s “anti-terror operation” against the Armenian separatist contingency in the Karabakh region, and peace negotiations between Armenia and Azerbaijan are ongoing. Baku continues to demand that Armenia... MORE