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Significance
The two-month conflict between Azerbaijani and Armenian forces has produced a breakthrough in an unexpected area: rail routes providing the South Caucasus with new connectivity with their neighbours.
Impacts
Funding substantial infrastructure work will challenge state finances during post-COVID-19 recovery.
If the prospective economic benefits look one-sided, Armenia's prime minister will come under further domestic pressure.
For Abkhazia's leadership, discussing a renewed rail connection offers a way of rebuilding economic ties with Tbilisi.
Keywords:
Azerbaijan,
Armenia,
RUCIS,
Caucasus,
Georgia,
Russia,
Iran,
Turkey,
ARMENIA/AZERBAIJAN,
economy,
international relations,
politics,
foreign policy,
foreign trade,
infrastructure,
railway,
talks,
transport,
war
© Oxford Analytica 2021. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2021
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