Executive Summary: Azerbaijan and Türkiye signed an agreement for cooperation with natural gas, which includes increased export of Central Asian and Azerbaijani gas to Türkiye with Turkmenistan being a primary exporter. Debate over including Iran in these agreements adds uncertainty to the project due to... MORE

Executive Summary: Uzbekistan has been dealing with severe energy shortages over the past few years due to issues in gas production and a transition to using more imported gas for energy needs. Tashkent has signed major agreements with Ashgabat and Moscow for gas imports, in... MORE

Executive Summary: Beijing, Bishkek, and Tashkent have been discussing the construction of a joint railway project for almost 30 years, which runs the risk of completely unraveling due to geopolitical and alliance changes in Central Asia. Moscow and Astana are happy with the project’s delays,... MORE

Executive Summary: Belarus remains heavily dependent on Russia for its export infrastructure, especially as its Ukrainian options have been closed since Moscow launched the full-scale invasion. Minsk is seeking alternatives to Russian railways by using the still incomplete International North-South Transport Corridor and discussing plans... 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: Tensions between Russia and the West in the Arctic have risen dramatically, as Moscow condemns both Washington’s claims on the Arctic and increased US military activity. The Kremlin is considering denouncing the 1990 Baker-Shevardnadze agreement and insisting on its own right to make... 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

Executive Summary: Belarus plays an essential geostrategic role in the logistical transport networks between Asia and Europe through the “Northern Corridor,” which passes through Russia and Belarus. Although Western sanctions due to the war in Ukraine have negatively affected the volume of transport through the... MORE

Executive Summary: Moscow is being forced to postpone and effectively cancel some of its highest-priority transportation projects in the Russian North due to its war against Ukraine. These moves limit Russia’s ability to extract and export natural resources and support the Northern Sea Route, even... MORE

Executive Summary: Moscow seeks to boost its struggling economy through increased development of the International North-South Transport Corridor (INSTC) as a real competitor to the Suez Canal and the Bosphorus Strait. Moscow wants the INSTC to open pathways to new markets that circumvent Western monitoring... MORE