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:  South Ossetia wants to join Russia for at least the fourth time now but will not hold a referendum until Moscow agrees. The Kremlin’s decision rests less on the situation in South Ossetia than on how such an action would affect its relations... MORE

Executive Summary: Fears that Russia will interfere in Georgia’s October 2024 parliamentary election are increasing following the appointment of a new pro-Kremlin special representative of the Georgian prime minister who oversees relations with Russia. In recent years, the ruling elite of Georgia have been using informal... MORE

Executive Summary: Azerbaijan has been developing its space industry in the past couple of years to boost its international reputation and elevate the country as a regional hub for science and technology. Expansion of the Azerbaijani space industry has led to partnerships with Israel, Türkiye,... MORE

Executive Summary: Moscow fears that Armenia may demand that Russia pull its border guards from Yerevan’s international airport and close its military base at Gyumri, following Armenia’s suspension of its membership in the Collective Security Treaty Organization. The Kremlin worries about losing influence in Armenia.... MORE

Executive Summary: Georgia is experiencing the effects of Russia’s soft power through the presence of pro-Russian organizations, media outlets, and parties that assert closer ties to Moscow will settle disagreements between the two countries. Recent polls have indicated that a significant segment of Georgian society... MORE

Executive Summary: The European Mission in Armenia (EUMA) marked its first anniversary in Armenia on February 20 with its presence facing several challenges from Baku and Moscow. The European Union and Armenia regard EUMA as a crucial confidence-building measure to increase international support for shifting... MORE

Executive Summary: Moscow recently carried out a counterterrorism operation against what it describes as Islamist radicals in Ingushetia—the smallest, poorest, and arguably most restive republic not only in the North Caucasus but also in the Russian Federation. The Kremlin took this step lest violence in... MORE

Executive Summary: Following the recent presidential elections, Azerbaijan turned its focus to the Organization of Turkic States (OTS) and its role in connecting the Turkic world, indicating that Baku does not intend to align with the West or Russia. The expansion of defense cooperation within... 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