South Caucasus

Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates have become full members of BRICS as from 1 January. Iran's membership brought BRICS to Armenia's doorstep, making Yerevan an immediate neighbour of the group. Benyamin Poghosyan in this op-ed for commonspace.eu says that given that currently, Armenia is in the painstaking process of re-assessing and re-evaluating its foreign policy. Armenia should carefully look into ways to expand its cooperation with BRICS member states: "first of all in the economic area, inviting BRICS investments into the infrastructure and other projects in Armenia. Armenia is in active discussions with Iran, India, and UAE to bring their investments into Armenia, and there is potential to have Chinese involvement through the Belt and Road Initiative. The possibility of receiving funding from the BRICS New Development Bank for various projects, which can be implemented by BRICS member companies, should be studied too."

A high level delegation from the United Arab Emirates, led by President Sheikh Mohamed bin Zayed, travelled to Baku on Monday afternoon (8 January) for talks with president Ilham Aliyev of Azerbaijan. On Tuesday, President Mohamed bin Zayed and his delegation held talks with the president of Azerbaijan and other Azerbaijani officials. The official website of the Azerbaijani president also listed a number of documents agreed by the two sides that were signed in the framework of the visit. At the start of the visit, Sheikh Mohamed laid a wreath at the tomb of Heydar Aliyev, the founder of modern Azerbaijan, as well as at the Eternal Flame monument, according to UAE state news agency, Wam. The President was accompanied by Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court; Sheikh Abdullah bin Zayed, Minister of Foreign Affairs; Sheikh Hamdan bin Zayed, Ruler's Representative in Al Dhafra Region; Sheikh Mohammed bin Hamad, Adviser for Special Affairs at the Presidential Court; Ali Al Shamsi, deputy secretary general of the Supreme National Security Council; Dr Anwar Gargash, diplomatic adviser to the President and former minister of state for foreign affairs; Suhail Al Mazrouei, Minister of Energy and Infrastructure; Dr Sultan Al Jaber, Minister of Industry and Advanced Technology; Mohamed Al Suwaidi, Minister of Investment; Ahmed Al Sayegh, Minister of State; and Mohammed Al Balushi, ambassador to Azerbaijan. President Aliyev later in the evening hosted an official dinner for the Emirati guests. No information has been released regarding the nature of the talks under discussion, but for sure Azerbaijani is keen to learn from the experience of the UAE in hosting COP28 in December, as it prepares to host COP29 in Baku later this year. COP29 will be the biggest international event ever held in the South Caucasus. 

"While optimism surrounds the impending peace agreement, the cautionary inclusion of guarantees becomes crucial to forestall resurgent territorial claims", writes Vasif Huseynov in this op-ed for commonspace.eu citing a comment by president Aliyev on 6 December. "As the region braces for a historic peace agreement, the challenge lies in designing a comprehensive treaty that not only concludes hostilities but fosters enduring reconciliation between Azerbaijan and Armenia."

"Despite hopes, Armenia and Azerbaijan failed to sign a peace agreement by the end of 2023", writes Benyamin Poghosyan in this op-ed for commonspace.eu. "However, since the text of the document seems to be, by and large, already agreed, there are hopes that an agreement may be signed in the first half of 2024. Otherwise, the EU and US election cycles in the Summer and Autumn of 2024 may push the South Caucasus out of the West's radar. If this happens, Russia may resume its leading role as a negotiation platform between Armenia and Azerbaijan, pushing the two sides to sign a peace agreement in Moscow by the end of 2024", he argues.