China, the world’s largest economy, has set its eyes on Georgia, a traditional gateway between Asia and Europe, and its investment power could transform the poverty-stricken South Caucasus country’s prospects, some observers believe.
When a special forces unit began storming alleged terrorists holed up in a dwelling near the center of the Kyrgyz capital Bishkek one recent afternoon, Ivan Zaryayev thought it was children setting off fireworks.
Turkish President Recep Tayyip Erdoğan’s state visit to China later this month is intended to show that Turkey, as an international power, has interests well beyond its western alliances. But Ankara’s strong backing of China’s Uighur Muslim minority clouds the prospects for Turkish-Chinese relations.
Hopes are running high in Armenia that the pending end of international sanctions against Iran, its southern neighbor, will advance strategic investment projects. But Armenian analysts caution that Russia, Tehran’s longtime regional rival, may foil Yerevan’s ambitions.
It appears that a power struggle is intensifying in Russia-annexed Crimea revolving around graft. The infighting pits local officials against Russian federal agencies, including the powerful Federal Security Service.
The Iranian nuclear deal has broad trade implications for Eurasia. The pending lifting of sanctions would allow Iran to take advantage of its favorable geographic position, as it straddles the commercial crossroads connecting Europe, Central Asia, the Caucasus and the Middle East.