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

Executive Summary: The Armenian-Azerbaijani dispute has always been about both Karabakh and regional transit routes, which now center on Zangezur. Addressing this problem is far more difficult than Karabakh because it directly involves not just Baku and Yerevan but all outside powers—including Russia, Iran, Türkiye,... MORE

Executive Summary: Armenia is increasingly turning to India for military support, making significant purchases of Indian-made weapon systems, including the Akash-1S air defense system, as part of a $2 billion defense partnership signed in 2020. Armenia’s pivot toward India marks a shift away from its... MORE

Executive Summary: Russian President Vladimir Putin’s visit to Azerbaijan reinforced Russia’s ongoing efforts to maintain influence in the South Caucasus, where increased cooperation on food security, labor, and oil production were announced. Russian Foreign Minister Sergei Lavrov’s comments on the Zangezur Corridor ignited tensions with... MORE

Executive Summary: Pressure on Armenian Prime Minister Nikol Pashinyan to deliver a peace agreement with Azerbaijan before the 2026 parliamentary elections is mounting, driven by questions surrounding the longevity of Armenian economic growth. Pashinyan’s efforts to advance negotiations have seen both progress and setbacks. Unresolved... MORE

Executive Summary: Baku is currently turning away from the West toward Russia and Iran, angry at Western countries for their support of Armenia and criticism of human rights issues in Azerbaijan, and hopeful that Moscow and Tehran will help achieve its geo-economic and geopolitical goals.... MORE