Geopolitics and Markets Review - 19th February 2024

The Present Day: Azerbaijani and Armenian Conflict

Contents

1)      Introduction

2)      Regional Influence

3)      The Second Nagorno-Karabakh War

4)      The Events of 2022 and 2023

5)      Concluding Remarks

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Bitesize Edition

• The South Caucasus, specifically the region of modern-day Armenia, has seen itself being influenced historically by the Soviets, Persians, and Ottomans. These historic ties give the nations of Iran, Russia, and Turkey interests in the region.

• However, in recent years, we’ve seen Azeri aggression towards Armenia often remain unchallenged. The Turks are even supportive of the aggression of Azerbaijan. Today, I’ll discuss the story up to last month, when we saw the dissolution of Artsakh into Azerbaijan, including images demonstrating the geographical changes between Azerbaijan and Armenia.  

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Introduction

The conflict between Azerbaijan and Armenia saw the Armenian victory of 1994 define most of the following decades in Nagorno-Karabakh. However, in the last few years, key events such as the Second Nagorno-Karabakh War of 2020 and the 2023 Azeri offensive into Artsakh have drastically changed the geography between the two nations. As we discuss the story of the conflict up to today, questions of the future arise. Is this conflict over, or where will it head in the future?