The launch of a new railway in the South Caucasus has the potential to attract foreign investment and boost trade, as well as encourage political cooperation in a region fraught with conflict. But can the railway deliver as envisioned? After years of delays, the Baku-Tbilisi-Kars (BTK) railway officially opened October 30, connecting the Caspian Basin to eastern Turkey, with onward access to the European rail system. The heads of state of Turkey,...

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