Executive Summary: A month ago, Moscow feared it was losing its influence across the South Caucasus, most dramatically by pulling its “peacekeepers” early from Azerbaijan and some border guards from Armenia. Russia never lost the leverage that history, geography, and policy gave it and has... MORE

Executive Summary: Russia’s war against Ukraine has given Azerbaijan fresh motivation to strengthen relations with Central Asian countries to improve their collective trade, transit, and energy potential. Continued development and increased use of the Middle Corridor is central to Baku’s increased cooperation with Kazakhstan, Kyrgyzstan,... MORE

Executive Summary: Armenian Prime Minister Nikol Pashinyan described any breakthrough in normalizing relations with Türkiye as “epoch-making” for the region. Armenia has displayed a willingness to take criticism from Türkiye seriously, upsetting many in the Armenian diaspora who fear Pashinyan will make unilateral concessions similar... MORE

Executive Summary: On April 19, Armenia agreed to hand four contested villages back to Azerbaijan and continue talks on four more based on the 1991 Alma-Ata accord. Yerevan hailed this as the first step in improving bilateral talks, Western countries welcomed it as a step... MORE

Executive Summary: On April 16, Russia began withdrawing its peacekeeping troops from Karabakh—18 months before their deployment officially ends. This marks the first instance that Russian armed units have left the territory of a post-Soviet state voluntarily and earlier than officially planned. The Kremlin’s withdrawal... MORE

Executive Summary: Azerbaijan is increasing the pressure on Armenia to return eight border settlements— four villages and four exclaves—under Baku’s sovereignty. Azerbaijani officials and the expert community have repeatedly demanded the return of the four border villages, voicing optimism that the issue can be solved... MORE

Executive Summary Armenian Prime Minister Nikol Pashinyan’s “Crossroads for Peace” initiative is struggling to gain any momentum largely due to the lack of direct consultations with Baku and Ankara. Azerbaijan and Türkiye are moving ahead with work on opening the Zangezur Corridor and trans-Iranian Aras... MORE

Executive Summary: Armenia and Azerbaijan’s recent discussion of the ownership of four border villages has stoked tensions regarding both countries’ territorial integrity. Armenian Prime Minister Nikol Pashinyan has voiced his openness to ceding these villages to Baku and establishing peace in the region. The Armenian... MORE

 Executive Summary: NATO Secretary-General Jens Stoltenberg’s tour of the South Caucasus was closely observed by Moscow, whose centuries-old hegemony in the region is at stake. Armenia continues to pursue closer ties with the West, while Azerbaijan maintains a “multi-vector” foreign policy posture to avoid conflict... MORE

Executive Summary: New developments in the South Caucasus have opened a window for possible long-term rapprochement between Iran and Azerbaijan, especially on trade and transit matters. Baku seeks increased regional stability amid tense peace negotiations with Armenia and a falling out with some Western countries... MORE