Asian powers entering the South Caucasus: opportunity or threat?
While China struggles to consolidate its economic position in the South Caucasus, Pakistan has cemented its strategic alliance with Azerbaijan. Simultaneously, India has entered a new phase of relations with Armenia. Even though the presence of Asian powers in the region represents an opportunity for economic development, it may also entail some risks.
Asian powers have recently shown increasing interest in the South Caucasus. In particular, Pakistan and India have stepped into the region, joining and partially balancing China's strong presence. Several factors have contributed to the entrance of these new Asian players and this is particularly true regarding the new balance of power established by the 2020 war between Armenia and Azerbaijan. At the same time, the European Union and United States’ lack of engagement with the region has left more room for action by other external powers.
February 15, 2022 -
AnalysisIssue 1-2 2022Magazine
Prime Minister Nikol Pashinyan meets with India’s Prime Minister Narendra Modi. The relationship between India and Armenia has great potential for expansion, especially in the areas of trade and connectivity.
Photo courtesy of the Prime Minister’s Office of Armenia