Headlines from the Caspian: May 9, 2022
Author:Caspian Policy Center
May 9, 2022
Energy and Economy
Kyrgyzstan’s Economy Struggles to Deal with Second Order Effects of Sanctions on Russia
Kyrgyzstan’s economy, which had just begun to emerge from the crisis of the COVID-19 pandemic, has been struck hard by the second-order effects of Western sanctions on Russia. The Kyrgyzstani som has devalued as inflation has risen drastically.
Iranian Minister of Energy will arrive in Armenia
Iran’s Minister of Energy Ali Akbar Mehrabian will arrive in Yerevan to take part in the sitting of the Armenian-Iranian Joint Commission on Economic Cooperation, which will take place on May 10-11. The Commission will discuss a number of topics, including trade and offsetting, investment, transit and transportation, electricity, oil and gas, banking and finance, standards, tourism, healthcare, and more.
Georgian Economy Minister Visiting the United States
Georgian Economy Minister Levan Davitashvili will be on a visit to the United States between Monday and Wednesday to hold meetings with public officials and private sector representatives, the Ministry announced on Monday.
Security and Politics
Region Commemorate Victory Against Nazi Germany
Across Central Asia and the South Caucasus, countries celebrated May 9 and defeating Nazi Germany in World War II. This year celebrations take a special emphasis with Putin’s war against Ukraine raging and the revisionist political positions taken by the Kremlin. The countries remembered the sacrifice of their citizens during the war and the collective effort it took to defeat the Nazis.
Kazakhstan Announces Date for Referendum on Constitutional Amendments
President Kassym-Jomart Tokayev announced that a referendum on constitutional amendments will take place on June 5. The proposed changes would have the potential of significantly changing Kazakhstan’s government and the role of various bodies within the state.
Source: Fergana News Agency
Azerbaijan Received Delegation Led by Saudi Arabia’s Attorney General
President of the Republic of Azerbaijan Ilham Aliyev has received a delegation led by Attorney General of the Kingdom of Saudi Arabia Sheikh Saud bin Abdullah Al-Mujib. Emphasizing the successful cooperation between the two countries in various fields, President Aliyev hailed the high level of political relations between the countries.
Casualties among Georgian Volunteer Fighters in Ukraine
At least nine Georgians have died fighting in Ukraine since the beginning of the war, which is likely the largest death toll among any foreign contingent fighting on the Ukrainian side. The Georgian volunteers include former Georgian soldiers, poets, bloggers, and two former ministers of defense.