Russia, Iran, and Turkey Forge New Economic Alliance in South Caucasus

Russia, Iran, and Turkey Forge New Economic Alliance in South Caucasus

OilPrice.com

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The Caucasus is the key link in a rapidly developing “value chain” forged by Russia and Iran to circumvent Western sanctions, according to a policy brief published by a Dutch think-tank. The policy brief prepared by the Hague-based Clingendeal Institute asserts that wars in Syria, Ukraine and Gaza have abetted the strategic partnership between Russia and Iran. Both states have also developed strong ties with an increasingly authoritarian Turkey, a NATO member state. The three states are intent on creating a new economic order in the…

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