Post-war economic expectations

In a bid to alleviate longstanding regional tensions, Georgian Prime Minister Irakli Kobakhidze has announced that his country is prepared to serve as a mediator in peace talks between Azerbaijan and Armenia, should the two neighbors express interest. Speaking in an interview with Georgia’s First Channel, Kobakhidze emphasized Georgia’s willingness to play an active role in facilitating dialogue between Baku and Yerevan.

Four years have passed since the 44-day war, which ended Armenia’s occupation of Azerbaijani territories, fundamentally altering the balance of power and reshaping the geopolitical landscape of the South Caucasus. While negotiations are ongoing, a comprehensive peace agreement remains elusive.

The EU's High Representative Josep Borrell and the European Commission issued a joint statement regarding the recent parliamentary elections in Georgia. The document, published by the European External Action Service (EEAS), underscores the need to address election shortcomings and enhance transparency to build trust in Georgia’s democratic process. The essence of the document indicates that the elections in Georgia took place, and it is necessary to promptly address the shortcomings and bring clarity to establish trust in the electoral process.

The meeting between the foreign ministers of Azerbaijan and Armenia, Jeyhun Bayramov and Ararat Mirzoyan, held in Istanbul on October 18, 2024, marked another step in ongoing diplomatic efforts to resolve the conflict between the two countries. This meeting took place for the first time on the regional cooperation platform known as "3+3."