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By Yeghia TASHJIAN, Beirut-based regional analyst and researcher, columnist, "The Armenian Weekly”
On August 29, 2023, in my article “What does the expansion of BRICS mean for the South Caucasus?” I argued that Iran’s accession to BRICS and the integration of the region’s infrastructure into the International North-South Transport Corridor (INSTC) would similarly increase pressure on Armenia and Azerbaijan to join the bloc. The post-2020 regional status quo and the war in Ukraine have opened the path for new Eurasian actors such as India and China to exert their influence on the South Caucasus. Azerbaijan is the main beneficiary of this development. Positioned strategically along the North-South and East-West transport corridors, Baku has capitalized on its position to become a pivotal transportation and logistics hub in Eurasia. This has caught the attention of China amid the geopolitical shifts that took place in the South Caucasus in light of the second Artsakh (Nagorno-Karabakh) and Ukraine wars.
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