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
1“The so-called P5+1 (or E3+3) coalition engaged in arduous, painstaking negotiations to resolve the problem of an Iranian nuclear weapons program. Within a multilateral framework, the Obama administration used diplomacy to achieve an agreement that served U.S. interests. The goals were to end the nuclear weapons program in the short-term and block Iran’s path to a bomb in the longer-term. Despite its limitations, this agreement certainly achieves those objectives” writes David W. Kearn for Huffington Post.
2Russia calls for global coordination to counter cyber terrorist activity. Security services worldwide must coordinate their efforts in cyberspace to prevent the Internet from becoming a weapon for terrorists, Russian Federal Security Service chief Alexander Bortnikov said Wednesday.”Internet, in effect, is becoming a principal tool of the formation of ultra-radical ideology,” Interfax news agency quoted Bortnikov as saying at the international security conference.The meeting in the central Russian city of Yaroslavl gathered 92 security services delegations from 64 countries and four international and regional organizations, namely the United Nations, the Shanghai Cooperation Organization, the European Union and the Commonwealth of Independent States.According to Bortnikov, terrorist groups maintain their websites in over 40 languages, using the most advanced information technologies to reach their potential audience.
3Azerbaijan Oil and Gas Exploration and Production Analysis and Outlook to 2025. Azerbaijan upstream oil and gas analysis and outlook report provides complete information on Azerbaijan exploration and production blocks, fields, companies and future prospects. Azerbaijan oil and gas reserves, replacement ratios, proven volumes along with detailed insights into the role of Azerbaijan in region and global upstream markets is provided in detail. Further, complete infrastructure details of Azerbaijan field wise production, field by field details, exploration blocks on offer, available blocks and existing block details in Azerbaijan are provided in the research work. [Research and Markets]
4How Does Kazakhstan Plan to Pay for the Olympics? “Wednesday, Kazakh Prime Minister Karim Massimov seemed fairly confident in Kuala Lumpur that his country’s $70 billion oil fund would be able to financially back up the 2022 Winter Olympics should they win the vote Friday to host over Beijing, long-considered–despite a lack of real snow–the front-runner. Other news that broke Wednesday paints a distinctly less confident picture. The Financial Times’s Moscow correspondent Jack Farchy reported that the Kazakh central bank would be buying a 10 percent stake in KazMunaiGaz, the state oil company, and the money would be paid into the country’s sovereign wealth fund” [The Diplomat]
5Russia vetoes tribunal for downed flight MH17. Russia vetoed a United Nations Security Council draft resolution on Wednesday that would have set up an international tribunal to prosecute those suspected of downing a Malaysia Airlines passenger airliner last year in eastern Ukraine. Russia had proposed its own rival draft resolution, which pushed for a greater U.N. role in an investigation into what caused the downing of the aircraft and demanded justice, but it would not have set up a tribunal. Russian U.N. Ambassador Vitaly Churkin said it was premature to set up an international tribunal. He said the draft resolution was submitted for a vote by Malaysia and its co-sponsors with the knowledge that it would be vetoed.
6Armenia exchanges “smiles” with Iran, but has no concrete agreements yet . Analysts wonder why Armenia rejects proposals for cooperation with Middle Eastern countries, especially that initiative in the region is clearly moving from Turkey, a state unfriendly to Armenia, to Iran, an Armenia-friendly state. Some even wonder if the whole matter is about “orders” from the Ministry of Foreign Affairs of Russia, which does not hide the fact that Iran is becoming a competitor for Moscow. [ArmeniaNow]
7The development of alternative energy is of significant importance for Azerbaijan and therefore, the government seeks to introduce modern technology and involve foreign investors in its renewables sector, says Rasul Suleymanov, the chairman of the Association of engineers and energy specialists of Azerbaijan.”Many countries develop this sector in this way. They only provide a territory, so to say, ‘an object of work,’ and guarantee to purchase this energy in the future. In order to encourage companies to work in our market, the government should adopt laws that will regulate this issue legally. Thus, private investors will not have any doubts and fears in financing of alternative energy in our country,” he told local media.
8The National Bank of the Republic of Kazakhstan will become one of the shareholders of the country’s KazMunaiGas national oil and gas company.The country’s Samruk-Kazyna National Welfare Fund which owns 100-percent share of the company will sell 10 percent block of shares and one common stock of KazMunaiGas to the National Bank at the price determined by an independent appraiser.However, the price won’t be below 750 billion Kazakh tenge (187.45 tenge = $1).
9Kuwaiti Shias’ adventures with Iranian policy. “How could the political Shia movement and the Hezbollah and “Islamic revolution” streams so easily kidnap the views and emotions of the Shias in the Gulf Arab region?Why don’t we hear an opposing voice or come across a decisive stance against some of Iran’s foreign policy, especially those that pan Shias outside Iran pay for, so that everyone knows that such policies do not represent the views of all the Shias in the Arab world? Many Shias of Kuwait, Iraq, Bahrain, Lebanon, and Saudi Arabia are convinced that not all Iranian policies represent the Shia view, and that, since 1979, the policies of this “Islamic State” exposed the interests of Shias in their Arab countries and the whole world, to political risk, social isolation and possibly threats and reprisals” writes Khalil Ali Haydar for The Peninsula.
10Azerbaijan is ready to take advantage of lifted sanctions on Iran that will happen approximately in 50 days.According to Azerbaijan’s Ministry of Economy and Industry, on August 3-4 Minister Shahin Mustafayev will visit Iran.“The visit will be aimed to discuss the current situation and prospects for bilateral relations and cooperation,” the Ministry says.