Caucasus News & Analysis

Caucasus

Russia’s trade and investment with Armenia, Azerbaijan and Georgia is increasing as the region becomes more integrated with the larger INSTC multimodal logistics network throughout to the Middle East, East Africa, and South Asia. Discover the Caucasus as a strategic business and logistics hub connecting Russia and Asia. Explore transport corridors, trade opportunities, and investment potential in this critical economic region.

Featured March 17, 2026

Russian 2026 Tourism to Azerbaijan Expected To Increase

Azerbaijan is targeting an increase of Russian tourist visitors during 2026 and is hoping to attract upwards of 750,000 arrivals over the year. Russian tourist are becoming sought after they abandon European vacations due to the unfriendliness and opt for eastern destinations. Russians also now spend more overseas than European tourists do as the Eurozone economies enter recession and cost of living expenses increase.

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Featured March 11, 2026

Georgia Illustrates Caucasian Resolve By Increasing Russian Fuel Supplies

Georgia, like several other Caucasus and Eurasian countries, has evaluated its energy security in the wake of the Iranian conflict and is to increase supplies of fuel from Russia. Their situation is vastly different from Europe which is cut off from Middle Eastern supplies, is politically estranged from Russia and is coming under increasing Ukrainian supply chain chokeholds as Kiev wields economic leverage over the EU and is capable of causing immense political support damage.

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March 5, 2026

Armenia Looking For Buyers For Russian-Invested South Caucasus Railway

Russian Railways holds the concession for the Armenian South Caucasus Railway, however due to geopolitical differences between Armenia, Azerbaijan and Turkiye, large parts of the track have fallen into disrepair. Armenia wants Russian railways to pay for its restoration and then exit the project as Russian Railways are sanctioned and Yerevan says this is damaging its national transit trade potential as it geopolitical relations have now improved.

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February 6, 2026

Russia, Armenia Bilateral Relations: February 2026 Update

The Russian Foreign Minister Sergey Lavrov held meetings in Moscow with Alen Simonyan, the President of the National Assembly of Armenia, on Thursday (February 5). The discussions have taken place during a period when Armenia has been looking to limit its engagement with Russia. Yerevan has suspended cooperation with the Collective Security Treaty Organization (CSTO), […]

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February 3, 2026

Russian Exports Of Grain To Armenia & Georgia Via Azerbaijan Increase 

Russia has exported 19,900 tonnes of grain to Armenia via Azerbaijan since November, according to Azerbaijan’s Report news agency. The news is significant, as it illustrates that Azeri-Armenian logistics and supply chains are now operating normally after the two countries fought a war in 2023 that created significant damage. The conflict wasn’t resolved until 2024, […]

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January 23, 2026

Russia-Azerbaijan Bilateral Trade Up 2.5% In 2025

Trade turnover between Azerbaijan and Russia amounted to US$4.92 billion in 2025, up 2.5% compared to the previous year, the Azerbaijani State Customs Committee (SCC) has stated. Trade operations with Russia accounted for 9.96% of the country’s total foreign trade turnover, the SCC said. Russia is Azerbaijan’s third largest foreign trade partner after Italy and […]

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December 29, 2025

Georgia’s Military Highway To Russia Undergoing Significant Expansion

Georgia’s Mtskheta–Stepantsminda–Lars Highway, also known as the Military Road, is undergoing a large-scale modernization, including a 27 km high-speed section and numerous new bridges. The Georgian government is spending about 1.2 billion lari (US$450 million) in upgrades, which includes the construction of the longest arch bridge in the country and a strategically important tunnel, with […]

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December 1, 2025

New INSTC Russia, Azerbaijan, Iran Deal Is Hugely Significant: Analysis

Railway executives from Russia, Iran, and Azerbaijan have met in Baku to hold the 83rd meeting of the Transport Council of the Commonwealth of Independent States. So far, so routine.   But what was actually agreed – and signed off – at that meeting has significant implications. In agreeing a new strategy and signing an MoU […]

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November 17, 2025

US Treasury Dilutes Sanctions On Rosneft and Lukoil’s Caspian & Central Asian Projects

The United States Treasury ‘Office of Foreign Assets Control’ (OFAC) has issued a license permitting transactions involving Russia’s Lukoil and Rosneft related to the operation of the Caspian Pipeline Consortium (CPC) and the Tengiz and Karachaganak fields in Kazakhstan. The license foes not require any “transactions for the sale, disposition, or transfer of any interest” […]

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