... direction has not stopped.
Second, while the focus of geopolitical confrontation between the West (the U.S. and its EU allies) and Russia has shifted from the Caucasus to the Middle East and Ukraine since 2014-2015, this region remains among the most turbulent ... ... West were engaged “competitive cooperation” in the Caucasus despite a complete incompatibility of their positions regarding Georgia’s NATO membership. The OSCE Minsk Group on the Karabakh settlement, co-chaired by the U.S., France and Russia, survived ...
Exploiting the region’s own potential could yield more tentative results
The recent arrival of Russian peacekeepers in Nagorno-Karabakh has underlined the difficulties for a number of international institutions–the United ... ... the South Caucasus are still ongoing since 1991, with Abkhazia and South Ossetia remaining
de facto
[
1
] independent from Georgia, while only one of the three recognized countries (Armenia, Georgia, and Azerbaijan), Armenia, has managed to join a supranational ...
... appropriate to conclude that Russia and Georgia have retained trade links only in those commodity groups (gas, oil, electricity and cereals) that are key to national security and that, if largely discontinued, could have serious negative implications for the economy.
Russian Export to Georgia by Commodity
[20]
Investment Cooperation between Russia and Georgia
There is a similar situation occurring in capital markets. Russian companies have been fairly successful on the Georgian market but the proportion of Russian capital in Georgia’s ...
