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
1A Pan-European Task Force on Cooperation in Greater Europe, including former foreign and defence ministers from the U.K., Poland, Russia, Germany, Turkey and France has expressed its concern over a possible military escalation in the crisis between Russia and the West and has called for a new agreement between NATO and Russia to prevent accidental incidents or miscalculations leading to an escalation of tension and even confrontation. In its paper on Avoiding War in Europe: How to Reduce the Risk of a Military Encounter between Russia and NATO the Task Force describes some of the increased military activity in Europe in recent months and outlines a required new military agreement modelled on a recent US-China deal to avoid dangerous incidents in the East China Sea and elsewhere. [European Leadership Network]
2Kazakhstan, EU to sign new deal. The new EU-Kazakhstan Enhanced Partnership and Cooperation Agreement will help Kazakhstan to implement the government programs aimed at strengthening the national economy. The implementation of the new Agreement has significant importance for the country, particularly in the current context of regional tension and global economic crisis.The new Agreement will replace the Partnership and Cooperation Agreement in force since 1999, and will give EU-Kazakhstan relations a new up-to-date and stronger foundation.Over the past decades, the EU has become Kazakhstan’s first trading partner and first foreign investor, representing over half of total Foreign Direct Investments(FDI) in Kazakhstan.
3Secretary General of the Organization of Islamic Cooperation Iyad bin Ameen Madani has applauded Azerbaijan`s role as an active member of the organization, AzerTag reports.“Azerbaijan is making a considerable contribution to the efforts to address economic, humanitarian and political challenges faced by the OIC,” Mr Ameen Madani told Foreign Minister Elmar Mammadyarov as they met in Baku. The OIC Secretary General also congratulated Azerbaijan on “excellent” organization of the first European Games. He expressed confidence that the country will successfully host the Islamic Solidarity Games in 2017.
4Turkmenistan will propose to consider the issue of holding the ‘International Forum on Security and Cooperation in Central Asia’ in Ashgabat in 2016 during the forthcoming 70th session of the UN General Assembly. The forum aims at establishing a regular multilateral dialogue on the problems of the region, working out the common approaches to the creation of a permanent mechanism of political consultations in Central Asia in the future.The international non-military, non-block organizations, primarily, the UN and OSCE, could also take part in the forum.
5Tehran and Moscow started talks on the supply of the Russian-made Sukhoi 30 fighter jets to Iran. The talks were held on Tuesday on the sidelines of the MAKS 2015 air show in the town of Zhukovsky near Moscow during which Russian President Vladimir Putin and Iranian Vice-President for Science and Technology Sorena Sattari were present. The Sukhoi Su-30 is a twin-engine, two-seat supermaneuverable fighter aircraft developed by Russia’s Sukhoi Aviation Corporation. It is a multirole fighter for all-weather, air-to-air and air-to-surface deep interdiction missions.
6Why the JCPOA Won’t Turn Iran Into the Next Saudi Arabia. “Yet it is far from certain that the JCPOA will have anything like the cataclysmic effect some have predicted. Moreover, it is questionable how far Iran will push its newly-freed oil economy once sanctions are lifted, with a host of infrastructural challenges, as well as some compelling historical experience, potentially foiling the country’s rise into major petro-state status” Gregory Brew for Modern Diplomacy
7Former Executive Director of the International Energy Agency has predicted Iran will become one of the leading powers in the world oil and gas market by 2040. During a visit from Iranian petroleum ministry’s Institute of International Energy Studies (IIES) in Tehran, Nobuo Tanaka said, “We believe that Iran is the most important player in the world oil and gas market because of its exemplary geopolitical situation which is worth any kind of energy investments. I hope the Strait of Hormuz is never blocked and the world is never deprived of Iran’s energy resources,” said Tanaka, who currently serves as executive director at the Sasakawa Peace Foundation., Iran’s SHANA news agency reported.
8The United States-Azerbaijan Chamber of Commerce and the U.S. Commercial Service has started the formation of the American trade mission to Azerbaijan. The mission, that will take place on November 18-20, is a response to the rapid growth and potential of Azerbaijan.The mission is open to U.S. companies, investors, consultants specializing in the field of agriculture, banking and financial services, chemicals and petrochemicals, education, energy, food processing, healthcare, telecommunications and IT, infrastructure and construction, light industry, machinery, pharmaceuticals, transport and logistics, and tourism. The trade turnover between Azerbaijan and the U.S. increased by 7.7 percent in the annual quantities – up to $877.07 million – in January-July, according to the Azerbaijan State Customs Committee.
9Chinese Vice Premier Zhang Gaoli and First Deputy Prime Minister Bakytzhan Sagintayev of Kazakhstan reached a six-point consensus to advance bilateral cooperation on Tuesday. Zhang and Sagintayev co-chaired the seventh session of the China-Kazakhstan Cooperation Commission in Beijing, at which they summarized the results and planned future cooperation in the areas of manufacturing capacity, energy and resources, trade and investment, inter-connectivity, technology and people-to-people contact. The two sides agreed to step up integration of the China-proposed Silk Road Economic Belt with Kazakhstan’s new economic policy of the Bright Road. They will establish a joint work group on building the Silk Road Economic Belt as soon as possible and start drafting a guideline on bilateral cooperation at the earliest possible date.
10International Conference InvestPro Azerbaijan 2015. This autumn the Bosco Conference Company for the third time holds an international b2b conference and exhibition devoted to international investments, finance, corporate solutions, wealth management and asset protection: 26th of October 2015 – InvestPro Azerbaijan Baku 2015 (JW Marriott Hotel Absheron Baku)

