Introduction Commonly held economic theory generally suggests that foreign aid benefits the recipient. But so far, China’s bilateral relations with Nepal—which are based upon generous pledges of foreign direct investment (FDI)—have created a power imbalance. China’s outsized influence in Nepal was most recently highlighted by... MORE

Iran emerged as a potential loser from the Russia-brokered trilateral truce accords that ended last autumn’s 44-day Second Karabakh War between Armenia and Azerbaijan (see EDM January 25). Therefore, Tehran is seeking ways to reposition itself into the new situation in line with its interests.... MORE

Azerbaijan’s victory in the Second Karabakh War (September 29–November 9) has had a transformative effect on the country. It not only changed the attitudes of its population, whose members now feel themselves to be heroes rather than victims (see EDM, January 21), but also bolstered... MORE

The aftermath of the second Armenian-Azerbaijani war in Karabakh (September 29–November 9, 2020) initiated new geopolitical and geo-economic adjustments for the South Caucasus, including possible competition between existing and prospective transit routes in the region. This competition is expected to be entwined with significant political... MORE

Leaders of an inter-departmental working group from Turkmenistan, Azerbaijan and Afghanistan agreed on a tripartite roadmap for deeper cooperation on the Lapis Lazuli Corridor, on January 16, 2021 (Mfa.gov.tm, January 16). The online meeting was attended by the deputy chairperson of the Cabinet of Ministers... MORE

The January 11 trilateral meeting, in Moscow, of Russian President Vladimir Putin, Armenian Prime Minister Nikol Pashinian and Azerbaijani President Ilham Aliyev focused on the unblocking and development of regional transport corridors in accordance with the Russia-brokered November 9/10 truce accord that ended the 44-day... MORE

On December 31, 2020, the Trans-Adriatic Pipeline (TAP) delivered its first volumes of natural gas from the Shah Deniz field off the Caspian coast of Azerbaijan to Greece and Bulgaria. The 2,175-miles-long pipeline is the European leg of the Southern Gas Corridor (SGC) that connects... MORE

Vladimir Putin’s much-ballyhooed plans to project power in the Arctic have attracted widespread notice and sparked serious concerns in many countries, with some like the US committing themselves to building up an icebreaker fleet to be able to challenge Russia in that strategically important region... MORE

Over the past several weeks, the United States has been preoccupied with the ongoing transition of power in the White House, a riot in the Capitol and a second impeachment of outgoing President Donald Trump (see EDM, January 7, 2021). As a result, Washington’s focus... MORE

Russian President Vladimir Putin, Azerbaijani President Ilham Aliyev, and Armenian Prime Minister Nikol Pashinian conferred on January 11, in the Kremlin, to assess the implementation of the Putin-brokered armistice that ended the Second Karabakh War on November 10, 2020 (see EDM, November 12, 13, 2020).... MORE