Overview of Key Issues in the Caspian Region
The Caspian region faces key issues in economy, trade, energy, security, environment, and legal disputes. Economic growth and GDP trends of Armenia, Azerbaijan, Georgia, Kazakhstan, and Turkmenistan are highlighted. Trade relations with the EU, China, US, and Russia are discussed. Efforts to improve connectivity within the region are emphasized, along with energy projects and the Southern Gas Corridor. Security concerns and legal issues, including conflicts and supply routes to Afghanistan, are also addressed.
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Presentation Transcript
KEY ISSUES Economy, Trade and Transit Energy (Hydrocarbons, Renewables) Security Environment Legal Disputes
ECONOMIC GROWTH AND GDP GDP (Billion USD) 200 180 160 140 120 100 80 60 40 20 0 1995 2000 2005 2010 2015 2016 Armenia Azerbaijan Georgia Kazakhstan Turkmenistan
CONNECTING THE CASPIAN TRIO - Arctic to Gulf (Russia Caspian Iran) - China s Belt and Road Initiative - 37 Billion USD invested in 206 projects - Intra regional connectivity and trade has to improve (only 8 percent now) - Example: Uzbek Tajik opening (bilateral trade went from 10 to 110 million in just two years
ENERGY Hydrocarbon rich Major projects (ACG, Kashagan, BTC, Shahdeniz etc) Turkmenistan commitments to China Trans Caspian Southern Gas Corridor Renewables (High potential, low utilization) Environment
SECURITY AND LEGAL ISSUES - Status of Caspian, Moscow meetings - Russia moving Caspian Fleet for Astrakhan to Kaspiisk (only 100 km away from AZ border) - Russia firing missiles to Syria - Conflicts (Nagorno Karabakh, Ossetia, Abkhazia) - US/NATO supply route to Afghanistan
