Baku, Azerbaijan, Aug. 19
By Elmira Tariverdiyeva - Trend:
Azerbaijan is the most stable country of the South Caucasus, while Armenia is facing the greatest political risks among the regional countries, the report entitled "Evaluation of political risks in the Caucasus", prepared by the Russian Minchenko Consulting Communication Group, said.
Azerbaijan has been recognized in the report as the most stable country in the region, according to the authors.
"Among all regional countries Azerbaijan is characterized by the lowest level of risks," the report said. "Azerbaijan has the strongest economy in the Caucasus, attractive to foreign investors. It is a politically stable country. A multi-vector foreign policy, the ability to balance among the interests of the US, EU, Russia, Turkey, Iran, Israel and the Arab countries has been a major trump card of Baku. It remains up until now."
The report said that the positions of the Azerbaijani current authorities seem to be strong. It is not faced with serious domestic political competition and it is risk-resistant.
It is worth noting that during the municipal election (December 2014) the ruling New Azerbaijan Party even refused free airtime given to it in accordance with the electoral law, the report said.
Finally, Armenia, which in June 2015 experienced a mass protest, has the greatest risks, the Minchenko Consulting study said. Demonstrations and riots were triggered by the decision of the Commission on regulation of public services of the country to raise tariffs on electricity.
"At the same time, the tariff problem is just a part of the more general domestic and foreign policy contexts full of significant risks," the document said.
Security guarantees and economic support received by Yerevan from Moscow on the one hand ensure the status quo, which is favorable for the country on the whole, but on the other hand, increase the country's dependence on Russian business giants, according to the report.
"In turn, their close ties with the authorities of Armenia are fraught with identification of dissatisfaction with the policy of the president and the government with the actions of the Russian Federation," the report said.
Edited by CN