The launch of a new railway in the South Caucasus has the potential to attract foreign investment and boost trade, as well as encourage political cooperation in a region fraught with conflict. But can the railway deliver as envisioned?
The European Bank of Reconstruction and Development’s board on October 18 approved $500 million in funding for the Azerbaijan-led TANAP pipeline, which will facilitate the delivery of Caspian Basin natural gas to Western Europe.
If any single arms deal can capture the shifting nature of Russian cooperation in the post-Cold War era, it is the pending sale of S-400 air defense systems to Turkey that now looks increasingly likely to happen.
“[Istanbul] holds an absolute dominion over the Black Sea. By one door only, namely by the Bosporus, it shuts up its communication with any other part of the world; for no ship can pass this sea, if the port thinks it fit to dispute its passage...
A two-day summit to unveil what China is portraying as the infrastructure project of the century concluded on May 15. The $1 trillion initiative is designed to vastly expand free trade in Africa, Asia and Europe. Realization of the plan will depend...
It’s not often that the leaders of democracies like Switzerland and Spain gather with the heads of repressive regimes like North Korea and Uzbekistan, but it seems no one wants to miss China’s coming-out party for its “One Belt, One Road” initiative.
China’s bid to expand its economic presence in Eurasia – embodied in its “Belt and Road” initiative – requires a major upgrade of railway capacity, especially in Central Asia.