All tagged Eurasia

How Iran is Seeking Stability in a Teetering World

◢ Amid the current fragility of the JCPOA nuclear deal, Iran finds itself mired between China’s rise, America’s retreat, Europe’s paralysis, and Russia’s ambitions. In this new era of great power competition, Iran must reassert its geopolitical importance and find its new balance in a teetering world. Iran’s greatest source of leverage remains energy exports—and not necessarily its own.

Negotiations On Legal Status of Caspian Sea Approach Finish Line

◢ Negotiations on the international legal status of the Caspian Sea, which started in 1996, appear to have at last reached the finish line. After 22 years, the five countries around the sea have come close to signing a convention on its legal status. If they do, it seems that the agreement will allow to pave the way for the construction of the underwater the Trans-Caspian Gas Pipeline and other projects and will also close the access to the sea for the armed force of third countries.