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 May 12, 2026

Abkhazia’s Russian Investment Moment: Analysis

Russian President Putin has met with Abkhazia’s President Badra Gunba in Moscow. Abkhazia is a semi-autonomous Black Sea state with a contested geopolitical status, limiting access to global financial institutions, multilateral development banks, and Western capital markets. However, Russia and Abkhazia are putting into place a 5 year development plan aimed to increase Abkhazia’s GDP by 60% in 2030 and to raise income levels to similar values as Russia. We discuss these plans and the implications.

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Featured May 12, 2026

Russia – South Ossetia Bilateral Relations Update: May 2026

Russian President Vladimir Putin has met with the South Ossetian President, Alan Gagloev, in Moscow. South Ossetia is a semi-autonomous, partially recognised state in the north Caucasus that ceded from Georgia in 2008. The South Ossetian economy is heavily reliant on Russia, however a new strategic development plan has been agreed that aims to increase the countries GDP by 60% by the end of 2030. We examine the details.

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April 17, 2026

Armenian Prime Minister Talks Up Relations With Russia

Despite reports to the contrary, the Armenian Prime Minister Nikol Pashinyan has addressed the Armenian Parliament this week and stated that relations with Russia were at their highest-ever level. While political differences remain, the two countries are closely intertwined in trade with Russia responsible for 37% of Armenian exports.

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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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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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