A recent economic conference held in the Georgian capital Tbilisi sought to lay the groundwork for closer regional cooperation among the three South Caucaus states of Armenia, Azerbaijan and Georgia.
Regional economic integration was not formally on the agenda of the June 1-2 conference, titled the International Monetary Fund and the South Caucasus in the 21st Century. Participants officially explored best practices as each state attempts to modernize its respective economy. However, the underlying hope was that sharing experience would provide an impulse for officials to explore integration opportunities down the road, provided that existing political obstacles, including the lack of a settlement to the Nagorno-Karabakh, are eventually removed. [For background see the Eurasia Insight archive].
To read the full story
Haroutiun Khachatrian is a Yerevan-based writer specializing in economic and political affairs.