New study highlights positive economic effects of a settlement of the Karabakh conflict on Armenia and Azerbaijan

A new study that analyses the economic effect of a full resolution of the Nagorno-Karabakh conflict in multiple dimensions, including public finances, trade, the energy and water sectors, and financial markets, will be presented today (Tuesday, 29 January), in Brussels.

The study, entitled "The economic effect of a resolution of the Nagorno-Karabakh conflict on Armenia and Azerbaijan", was prepared by the consultancy firm, Berlin Economics, and financed by the European Union. A statement on the Berlin Economics website said that the study  "seeks to demonstrate and quantify through rigorous analysis the potential economic gains of resolving the conflict, and in so doing contribute to efforts to peacefully resolve the conflict."

You can read and download a copy of the study on the Berlin Economics website, here

In Brussels this afternoon, EU Special Representative for the South Caucasus, Toivo Klaar will make opening remarks at the launch event co-hosted by the European Policy Centre and LINKS (Dialogue, Analysis and Research). Berlin Economics Director, Riccardo Giucci, and Consultant David Saha, are expected to present the main findings of the report, after which there will be a panel discussion with the participation of Ilgar Gurbanov, Anahit Shirinyan and Dennis Sammut. 

Berlin Economics is an independent economics consultancy providing advice to international private and public sector clients. Its regional focus are the CIS countries, where the company has several years of hands-on experience in the transition process.

source: commonspace.eu

 

Related articles

Editor's choice
News
Uzbekistan calls for bigger voice for Central Asia in the UN

Uzbekistan calls for bigger voice for Central Asia in the UN

Uzbekistan called for a more effective and representative United Nations on September 23, as presidential administration chief Saida Mirziyoyeva used her address to the UN General Assembly to seek support for the country’s candidacy for a nonpermanent Security Council seat in 2035–2036. Speaking at the Assembly’s 81st session in New York, Mirziyoyeva argued that international cooperation remains necessary despite growing geopolitical divisions. She endorsed UN Secretary-General António Guterres’ UN80 reform initiative and called for an expanded Security Council, arguing that international rules should be applied consistently rather than according to the interests of powerful states. Uzbekistan’s planned chairmanship of the Non-Aligned Movement in 2027 was presented as another platform for promoting dialogue. Her emphasis on multilateralism also fits a broader Central Asian effort to increase the region’s role in international institutions. Kyrgyzstan, for example, will hold its first Security Council seat in 2027–2028. Mirziyoyeva also highlighted regional cooperation, pointing to improved relations among Central Asian states over longstanding border and water disputes. On Afghanistan, she urged countries not to view it solely as a security threat, stressing the importance of creating conditions for peaceful development. She linked Uzbekistan’s international agenda to domestic reforms, citing economic growth, falling poverty and expanded education. Climate and water security also featured prominently, with the Aral Sea serving as an example of the consequences of poor environmental management. (click image to read more)

Popular

Editor's choice
Interview
Thursday Interview: Murad Muradov

Thursday Interview: Murad Muradov

Today, commonspace.eu starts a new regular weekly series. THURSDAY INTERVIEW, conducted by Lauri Nikulainen, will host  persons who are thinkers, opinion shapers, and implementors in their countries and spheres. We start the series with an interview with Murad Muradov, a leading person in Azerbaijan's think tank community. He is also the first co-chair of the Action Committee for a new Armenian-Azerbaijani Dialogue. Last September he made history by being the first Azerbaijani civil society activist to visit Armenia after the 44 day war, and the start of the peace process. Speaking about this visit Murad Muradov said: "My experience was largely positive. My negative expectations luckily didn’t play out. The discussions were respectful, the panel format bringing together experts from Armenia, Azerbaijan, and Turkey was particularly valuable during the NATO Rose-Roth Seminar in Yerevan, and media coverage, while varied in tone, remained largely constructive. Some media outlets though attempted to represent me as more of a government mouthpiece than an independent expert, which was totally misleading.  Overall, I see these initiatives as important steps in rebuilding trust and normalising professional engagement. The fact that soon a larger Azerbaijani civil society visits to Armenia followed, reinforces the sense that this process is moving in the right direction." (click the image to read the interview in full)