Welcome to the Caspian Daily, where you will find the 10 most important things you need to know on Caspian Sea Region. We appreciate ideas, reports, news and interesting articles. Send along to Caspian[at]moderndiplomacy.eu or on Twitter: @DGiannakopoulos
1Russian diplomacy has shifted into overdrive as Putin seeks to avoid the collapse of the embattled regime of Bashar al- Assad, a longtime ally who’s fighting both a 4 1/2 year civil war and Sunni extremists under the banner of Islamic State. Putin’s proposal, which Russia has communicated to the U.S., calls for a “parallel track” of joint military action accompanied by a political transition away from Assad, a key U.S. demand, according to a third person. The initiative will be the centerpiece of Putin’s one-day trip to New York for the United Nations General Assembly on Sept. 28, which may include talks with President Barack Obama. Bloomberg
2Russia threatens US with nuclear arms ‘counter-measures’. Russia has threatened to take “countermeasures” if the United States goes ahead with the deployment of a new type of nuclear weapon to bases in Germany, raising fears of a return to a Cold War style arms race in Europe. The Kremlin said plans reported by German media for the US to upgrade its nuclear weapons arsenal in the country would be “a serious step towards raising tension” in Europe. “Unfortunately, in the case of these plans – and we can say with certainty that they are moving towards realisation – this can lead to a violation of the strategic balance in Europe,” said Dmitry Peskov, Vladimir Putin’s spokesman. The Telegraph
3OSCE Minsk Group Co-chairs’ advanced negotiations with Azerbaijan and Armenia on Karabakh conflict settlement helped reduce tensions along the contact line, James Warlick, the U.S. Co-chair said Tuesday, September 22. In an interview with Azerbaijani news agency Trend, Warlick commented on Minsk Group’s work aimed at resolving the Nagorno Karabakh conflict. Warlick said the co-chairs look forward to the Azerbaijani and Armenian Foreign Ministers’ meeting at the UN General Assembly to continue the dialogue on presidential level.
4Kazakhstan is keen on strengthening the position in traditional markets for exporting grain – Azerbaijan, Iran, Afghanistan and Central Asian countries such as Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan. Kazakhstan is also interested in increasing grain export to the promising markets, including Europe and Turkey, where there is a constant demand for high-protein and durum wheat. Kazakhstan is among the world’s major grain exporters. In 2011, the country had a record harvest of nearly 27 million tons of grain in net weight. Kazakhstan exported 8.7 million tons of grain in 2013-2014 marketing year.
5Turkmenistan Pushes Ahead on TAPI Pipeline. “As the United States Congress prepares to deliberate on the agreement reached between Iran and the permanent members of the United Nations Security Council plus Germany (P5+1) over Iran’s nuclear program, a small flurry of statements were released in mid-September announcing that construction on the long-stalled Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline would commence in December 2015. Facing the impending prospect of competition from Iran’s unfettered participation in global natural gas markets, Turkmenistan has adopted a new policy orientation to expedite TAPI’s construction” The Diplomat
6India is ready to invest more than $15.2 billion to build projects in Iran including taking up full-scale development of Chabahar Port if Tehran offers better terms including cheaper gas, Shipping Minister Nitin Gadkari said on Wednesday. India is one of the few countries that continued trade links with Iran, isolated by Western countries against its nuclear programme. New Delhi is Tehran’s second biggest oil client after Beijing. “We are ready to make a huge investment in Iran and this is mainly linked to gas pricing offered by Iran … Gas price is a crucial issue,” Mr Gadkari told a news conference.
7The State Oil Fund of Azerbaijan (SOFAZ) and Mitsubishi UFJ Trust and Banking Corporation have jointly acquired landmark retail property Kirarito Ginza in Tokyo, Japan for 52.3 billion Japanese yen (nearly $444.24 million). This is SOFAZ’s first real estate investment in Japan. The property was purchased from Elliott Advisors Asia Limited and Orix Corporation. Kirarito Ginza is located in Chou Avenue, Ginza, which is the most prestigious retail location in Japan. The property was built in 2014 and is one of the very few trophy assets recently completed in Ginza area.
8What Iran’s Nuclear Deal Means for Oil Prices. From early 2016, Western sanctions on Iran will start to wind back. At that point, Iran’s oil production will increase. As will the amount of supply it forces onto global markets. That’s either good or bad, depending on your point of view. For already depressed oil prices, it’s a disaster. Especially for the governments that rely on oil to underwrite budgets. At the same time, low oil prices will help the global readjustment to slowing growth. Low prices, for the foreseeable future, will help weather concerns about the global economy. Not surprisingly, Iran will be the biggest winner from this development. Daily Reckoning
9The housing sector has had a positive impact on the construction industry in Kazakhstan, according to the Ranking.kz analytical service. Kazakh construction companies have added an all-time high of roughly 719,000 cubic meters of new residential property in August. This amounts to a 30.5 percent increase in new residential property compared to last August, adding 3,259 apartments and 2,391 single-family houses on a turnkey basis. The top three areas for housing construction are Astana, Almaty and the Almaty region, while the highest growth rate was seen in East Kazakhstan, West Kazakhstan, and the Akmola region.
10The Azerbaijani Accounting Chamber became a full member of the Working Group on the Public Debt of the International Organization of Supreme Audit Institutions (INTOSAI). The working group defines the main issues for the preparation of procedures and obligations in connection with the audit and evaluation of state debt obligations. It is engaged in the exchange of experience with the research groups, international organizations and similar bodies of other countries involved in public debt, and so on. INTOSAI brings together the supreme audit institutions of the UN member-states. It was founded in 1953. It includes more than 180 national supreme audit institutions.
Mexico officially joins IEA: First member in Latin America
Mexico officially became the International Energy Agency’s 30th member country on 17 February 2018, and its first member in Latin America. The membership came after the signed IEA treaty (the IEP Agreement) was deposited with the government of Belgium, which serves as the depository state, following ratification by the Mexican Senate.
Mexico’s accession is a cornerstone of the IEA’s on-going modernization strategy, including “opening the doors” of the IEA to engage more deeply with emerging economies and the key energy players of Latin America, Asia and Africa, towards a secure, sustainable and affordable energy future.
The IEA Family of 30 Member countries and seven Association countries now accounts for more than 70% of global energy consumption, up from less than 40% in 2015.
“With this final step, Mexico enters the most important energy forum in the world,” said Joaquín Coldwell, Mexico’s Secretary of Energy. “We will take our part in setting the world’s energy policies, receive experienced advisory in best international practices, and participate in emergency response exercises.”
“It is a historic day because we welcome our first Latin American member country, with more than 120 million inhabitants, an important oil producer, and a weighty voice in global energy,” said Dr Fatih Birol, the IEA’s Executive Director. “The ambitious and successful energy reforms of recent years have put Mexico firmly on the global energy policy map.”
At the last IEA Ministerial Meeting, held in Paris in November 2017, ministers representing the IEA’s member countries unanimously endorsed the rapid steps Mexico was taking to become the next member of the IEA, providing a major boost for global energy governance.
They recognized that Mexico had taken all necessary steps in record time to meet international membership requirements since its initial expression of interest in November 2015. In December, the Mexican Senate ratified the IEP Agreement paving the way for the deposit of the accession instrument and for membership to take effect.
Mexico is the world’s 15th-largest economy and 12th-largest oil producer, and has some of the world’s best renewable energy resources. The IEA family will benefit greatly from Mexico’s contribution on discussion about the world’s energy challenges. The IEA is delighted to continue supporting implementation of Mexico’s energy reform with technical expertise, and further intensifying the fruitful bilateral dialogue of energy policy best practice exchange.
Guterres: Korean nuclear crisis, Middle East quagmire eroding global security
“Conflicts are becoming more and more interrelated and more and more related to a set of a new global terrorism threat to all of us,” Mr. Guterres said in his keynote address at the opening ceremony on Friday of the Munich Security Conference.
For the first time since the end of the Cold War, the world is facing the threat of nuclear weapons and long-range missiles posed by the Democratic People’s Republic of Korea (DPRK), which he called “a development made in total contradiction to the will of the international community and in clear violation of several resolutions of the Security Council.”
He said that it was essential to maintain “meaningful pressure over North Korea” to create an opportunity for diplomatic engagement on the peaceful denuclearization of the Korean peninsula within a regional framework.
“The two key stakeholders in relation to this crisis, the United States and [DPRK]” must be able to “come together and have a meaningful discussion on these issues,” he said, adding that it is “important not to miss the opportunity of a peaceful resolution through diplomatic engagement as a military solution would be a disaster with catastrophic consequences that we cannot even be able to imagine.”
The situation in the broader Middle East, which the UN chief said had become a “Gordian knot,” was also eroding global security, with that are crises that are “crossing each other and interconnected.”
Pointing to the Palestinian-Israeli conflict, and wars in Syria, Yemen and Libya, among others, Mr. Guterres said the entire Middle East has “became a mess,” with varied and intersecting fault lines.
He warned of the absence of a common vision in the region and said that even if interests are contradictory, the threats these conflicts represent would justify some efforts to come together.
Turning to cyber-security, Mr. Guterres called for a serious discussion about the international legal framework in which cyberwars take place.
“I can guarantee that the United Nations would be ready to be a platform in which different actors could come together and discuss the way forward, to find the adequate approaches to make sure that we are able to deal with the problem of cybersecurity,” he said, noting that artificial intelligence provides “enormous potential for economic development, social development and for the well-being for all of us.”
The Secretary-General said that Governments and others have been unable to manage human mobility. He warned that this had created mistrust and doubts about globalism and multilateralism.
“This is a reason why,” he said, “we need to be able to unite, we need to be able to affirm that global problems can only be addressed with global solutions and that multilateralism is today more necessary than ever.”
Supporting tourism development in Africa through better measurement
In an effort to better measure tourism growth and development in Africa, UNWTO signed a Cooperation Agreement with the Nigeria Tourism Development Corporation for the Strengthening of the National Tourism Statistical System of Nigeria and the Development of a Tourism Satellite Account.
UNWTO is committed to developing tourism measurement for furthering knowledge of the sector, monitoring progress, evaluating impact, promoting results-focused management, and highlighting strategic issues for policy objectives.
On the occasion of the meeting between UNWTO Secretary-General, Zurab Pololikashvili, and the Minister of Information and Culture of Nigeria, Mr. Lai Mohammed, the agreement to host the Sixty-First meeting of the UNWTO Commission for Africa and the Seminar on ‘Tourism Statistics: A Catalyst for Development’ in Nigerian capital, Abuja, from 4 to 6 June 2018, was signed.
The meetings will be open to the participation of UNWTO Member States and Affiliate Members, as well as invited delegations and representatives of the tourism and related sectors. Officials of immigration departments, national statistics bureaus, central banks and other relevant stakeholders will be invited to join.
Agriculture Is Creating Higher Income Jobs in Half of EU Member States but Others Are Struggling
Half of EU member states have leveraged the Common Agricultural Policy (CAP) to significantly reduce poverty and drive higher incomes...
From Davos to Munich
An overview of the views and attitudes of European officials during the Davos and Munich Conference and their comparison with...
India to host World Environment Day 2018
Today, Dr. Harsh Vardhan, Minister of Environment, Forest and Climate Change, and Erik Solheim, United Nations Under-Secretary-General and Head of...
Mexico officially joins IEA: First member in Latin America
Mexico officially became the International Energy Agency’s 30th member country on 17 February 2018, and its first member in Latin...
Into the Sea: Nepal in International Waters
A visit to the only dry port of Nepal will immediately captivate busy scenes with hundreds of trucks, some railway...
Strengthening Sino-Russian Ties
During her speech at the New Year’s celebration, hosted by the Russian Cultural Center in Beijing, in late December 2017,...
China’s soft power and its Lunar New Year’s Culture
Authors: Liu Hui & Humprey A. Russell* As a common practice, China has celebrated its annual Lunar new year since...
Eastern Europe2 days ago
Expanding regional rivalries: Saudi Arabia and Iran battle it out in Azerbaijan
Terrorism3 days ago
Another Face of Abu Qatada: Speaking on the Principle of Terrorism
Intelligence1 day ago
How security decisions go wrong?
Americas2 days ago
‘Guns Don’t Kill People, People Kill People’: Time to retire
Europe4 days ago
Can Europe successfully rein in Big Tobacco?
Economy2 days ago
Economic Warfare and Cognitive Warfare
East Asia1 day ago
China’s soft power and its Lunar New Year’s Culture
South Asia2 days ago
Prime Minister Narendra Modi’s Hug Diplomacy Fails