The Power Vacuum Creating New Trade Routes Across Eurasia

AI Summary

Armenia’s parliamentary election results have weakened Russia’s influence in the South Caucasus, strengthening Prime Minister Nikol Pashinyan's position. This shift affects geopolitical and geoeconomic dynamics, with China and Japan viewing the region as a vital Eurasian trade corridor.

The results of Armenia’s parliamentary election in June dealt Russia’s bid to reassert its grip on the South Caucasus a serious blow, and the reverberations are not confined to Moscow, Washington and Brussels.  For Beijing and Tokyo, both of which have quietly built stakes in the region as an overland bridge between Asia and Europe, the election’s outcome, which reaffirmed Prime Minister Nikol Pashinyan’s authority, carries real geoeconomic weight. Pashinyan’s decisive victory represents a clear popular rejection…