It is with great pride that we can announce that our recent academic publication entitled “Connectivity, Trade and Financial Integration of the South Caucasus via the Belt and Road Initiative (BRI)” has been published in the latest edition of the Caucasus Analytical Digest (CAD).
Our publication about the BRI provides an overview of how the initiative could advance relations between China and the three countries of the South Caucasus, namely Armenia, Azerbaijan, and Georgia. The publication also sketched out the dynamics of the BRI related to transport connectivity, bilateral trade and foreign direct investment.
“It could be argued that enhanced relations between China and the SC would be mutually beneficial and in the interest of all sides. China considers Georgia, Armenia and Azerbaijan as trading partners and has increased its presence in the SC region by providing FDI and by getting involved in the development of regional connectivity", said Giorgi Khishtovani, Director at PMC Research.
The publication emphasizes that the South Caucasus countries can use the opportunities provided by the BRI to improve regional connectivity and cooperation. Stronger relationships among the countries of the South Caucasus may lead to the development of common soft infrastructure tools, such as a unified trading system, which, it is believed, will improve the competitiveness of the South Caucasus and attract more cargo and, eventually, more FDI to the region.
The CAD is a bimonthly internet publication jointly produced by the CRRC-Georgia, the Research Centre for East European Studies at the University of Bremen, the Center for Security Studies (CSS) at ETH Zurich, and the Center for Eastern European Studies (CEES) at the University of Zurich with support from the German Association for East European Studies (DGO). The online publication analyzes the political, economic, and social situation in the three South Caucasus states within the context of international and security dimensions of this region’s development.
Please follow the link for the full publication: