Jun 9 2014 - 13:17
The mudslide at the Darial Ridge blocked the Georgian Military Road, the Terek River. The Verkhny Lars Customs Office was closed for Russia, Georgia, Armenia and Turkey. Irakly Lekvinadze, the director of the Georgian Business and Political Insight (BPI), reminded that the Georgian Military Road was an essential transit route. According to his calculations, Georgia loses $3-4 million every day the road stays closed. He added that high funds had been spent on construction of infrastructure in the area and about the same volume will have to be spent on reconstruction.
Mar 29 2014 - 20:40
Joining the Customs Union of Russia, Kazakhstan and Belarus will be useful for all Caucasian states, Russian presidential aide Sergey Glazyev says. The body is also interested in enhanced cooperation with Georgia, Armenia and Azerbaijan, Glazyev stresses.
Mar 26 2014 - 11:25
Alexander Buzgalin, a Professor of the MSU Economic Faculty co-chairing the Moscow Economic Forum that has opened today, said that EU sanctions against Russia over Crimea will encourage it to diversify exports and intensify cooperation with South Caucasus. Russia will cooperate with countries willing to take part in Eurasian integration more actively, he said.
Mar 5 2014 - 12:53
Ismail Agakishiyev, Chairman of the board of directors of the Analysis, Consulting, PR Union of Companies, has rounded up the international conference “Geopolitics of the Caspian-Black Sea Region: security problems” in Baku yesterday, stating that all countries of the Caspian-Black Sea Region had their own vision of security and all agreed that joint projects would bring them closer. Joint projects, in his words, would weaken influence of non-regional forces, such as NATO, in the area.
Nov 13 2013 - 13:20
Sergey Markov, head of the Plekhanov Russian University of Economics, and Maksim Shevchenko, told Vestnik Kavkaza that the settlement of the conflicts of the early 1990s was the key to peace in the South Caucasus.
Aug 29 2013 - 09:31
Ruslan Grinberg, Director of the Institute for Economy of the RAS, said that funds the federal center grants republics of the North Caucasus were not a problem for Russian economy. He noted that the region had such reserves as workplaces to prevent off-target expenditures.
Aug 8 2013 - 13:34
Georgia stopped Russian gas transit through Armenia for construction at the Krasny Most station at 8.00 am today, Trend reports.The transit will be restored on August 9.