The worst scenario for Azerbaijan or Russian economy is in huge recession? International experts - EXCLUSIVE

Analytics 15:48 06.09.2018

Recently, the new batch of the U.S sanctions on Russia came into force, envisaging non-foreign assistance, prohibition of weapons and dual- use products to Moscow. This package of sanctions did not affect relations between Azerbaijan and Russia in economic and political aspect. Furthermore, Azerbaijan demonstrated unconditional support towards Russia.

Eurasia Diary tried to figure out how these sanctions will affect Azerbaijani- U.S relations amid complete support of Russia from Azerbaijani side and how these sanctions will hurt Russian economy from international experts.

Andrey Kortunov, Russian political scientist and public figure, director-General of the Russian Council on Foreign Affairs gave his comment linked with the recent event and possibility of the deterioration of relations between the U.S and Azerbaijan.

Картинки по запросу andrey kortunov

Andrey Kortunov - Russian political scientist, Director-General of the Russian Council on Foreign Affairs

“As far as relations between Baku and Washington are concerned, we should keep in mind that Azerbaijan is not the only country, which has friendly relations with the U.S, but it does not support US sanctions against Russia. For example, we can mention Israel, which has never supported the U.S sanctions against Russia; moreover we can mention such country as South Korea, which acts the same way as Israel. One can argue that US nowadays use sanctions as an instrument to influence its own allies. We can provide an example, when the U.S introduced sanctions against Turkey, which is NATO member, so I hope that in terms of Azerbaijan- American relations, this position of the Azerbaijani leadership will not have significant impact on the overall positive relations between these 2 countries. At least I will be very surprised to see the U.S trying somehow to punish Azerbaijan for breaching U.S sanctions against Russia,” Kortunov added.

Eurasia Diary also touched upon the issue linked with an expected visit of new Armenian PM in the face of Nikol Pashinyan to Russia. Let us remind, on September 8th Armenian PM Nikol Pashinyan will hold working visit to Moscow to meet with Russian President Vladimir Putin.

Russian political expert underlined what is anticipated from this meeting and are there any incentives for dispute settlement between Azerbaijan and Armenia on Nagorno Karabakh.

“It should be admitted that Pashinyan unarguably is the 1st leader of Armenia, who is not directly to the Karabakh group (clan). He does not belong to this clan of people who came from Nagorno Karabakh and of course tries to defend the interest of this particular entity. So, one can deem, it is only an assumption, but we have to stress that the new leader of Armenia demonstrates more flexibility on the issue of Nagorno-Karabakh. Hopefully, he will be in a better position than his predecessors to try to reach some better position of accommodation with Azerbaijan. As far as I, concerned, the nightmare for Moscow is to see another new conflict between Azerbaijan and Armenia, that something we saw 2 years ago ( April battles). But, in my opinion such case of new emergency will not happen and both official Baku and Moscow will try to avert the possibility of the new looming conflicts”- Andrey Kortunov said.

Peter Tase, American journalist, expert on political and international relations at the University of Chicago, shared his thoughts on possible deterioration of relations between Azerbaijan and USA.

Картинки по запросу peter tase

Peter Tase - Political analyst

He mentioned that bilateral relations between Azerbaijan and Russia are steady, economic cooperation is stagnant, cultural exchange is on the rise (despite a great interest demonstrated by young Azerbaijani citizens towards western culture), as well as commercial cooperation is in a good stage.

"Political dialogue between Moscow and Baku is intensified; however, results have been missing over the last two decades. Observing the Foreign Policy and National Defense Strategy of Azerbaijan, there is a strategic cooperation (that has delivered concrete results) between the Government of Azerbaijani President Ilham Aliyev and the Governments of United States and Israel.  Furthermore it is essential to note that Azerbaijan's Foreign Policy is pragmatic, matured and defends the national interests and territorial sovereignty of Azerbaijan.  The dialogue and cooperation of the Ministry of Foreign Affairs of Azerbaijan with the US State Department is highly productive and beneficial to the people of Azerbaijan, the results of this strategic partnership will be observed very soon, a significant part of this partnership is hidden from the public's eye.  According to various reliable public sources Azerbaijan has acquired a special, preferential place in the heart of US Foreign Policy, its Banking sector is assisting the US Department of Treasury and bilateral partnership is at its best moment," political analyst said. 

On the question how this batch of sanctions against Russia will affect Russian economy, Peter Tase replied in such way: “There are careful measures taken against the Russian economy throughout the neighboring countries of Russia; there is no doubt that US economic sanctions against Russia will have immediate consequences on its financial affairs, increase poverty and reduce wealth among its oligarchs. History has shown that Azerbaijan, headed by National Leader Heydar Aliyev, has harnessed democratic values that are still missing among many European Union member countries”.

Interviewed by Akber Bayramov

Correspondent of Eurasia Diary

IEPF issued a statement regarding Azerbaijani children at the UN Human Rights Council

News line

Palestinian man shot dead after stabbing Israeli soldier during West Bank raid
21:20 10.07.2025
Israel has agreed to 'significant steps' to improve humanitarian situation in Gaza: EU foreign policy chief
21:00 10.07.2025
EU aims to mobilize up to $11.7B in investments for Ukraine's reconstruction
20:45 10.07.2025
UNAIDS warns funding collapse could lead to 6M new HIV infections, 4M deaths
20:30 10.07.2025
UN report sounds alarm on climate health risks for world's aging population
20:00 10.07.2025
Merz: Germany fully supports Ukraine's plans to join EU
19:45 10.07.2025
Azerbaijani citizens involved in Wagner armed group arrested - State Security Service conducts operation
19:15 10.07.2025
Luka Modric signs one-year contract with Milan
19:00 10.07.2025
Rubio: US hopes to persuade NATO allies to transfer some Patriot systems to Ukraine
18:45 10.07.2025
Zelenskyy: 200 agreements with total value of over €10B ready to be signed
18:30 10.07.2025
Von der Leyen's EU Commission survives Parliament confidence vote
18:15 10.07.2025
SOCAR becomes jersey sponsor of Turkish First League side
18:00 10.07.2025
Azerbaijan takes leading postion in UN digital trade survey
17:45 10.07.2025
Ex-NBA player Ben McLemore sentenced to over 8 years in prison for rape
17:30 10.07.2025
Russia warns Armenia of sanctions risk
17:15 10.07.2025
COP29 President, COP30 President-designate hold discussions at OPEC seminar
17:00 10.07.2025
Ilham Aliyev's meeting with Nikol Pashinyan was constructive
16:55 10.07.2025
Baku says Azerbaijan, Armenia agreed to continue dialogue in bilateral format
16:45 10.07.2025
Peskov: Baku-Yerevan peace treaty will bring stability to South Caucasus
16:30 10.07.2025
Azerbaijan refunds over 94M manats of VAT to consumers
16:15 10.07.2025
Amnesty International slams US sanctions on UN Rapporteur Francesca Albanese
16:00 10.07.2025
China pushes back 50% US 'security' tariffs on copper imports
15:45 10.07.2025
Top Southeast Asian diplomats hold summit with China’s foreign minister
15:30 10.07.2025
Israeli strikes on Gaza leave 97 Palestinians killed, dozens more injured in past day
15:15 10.07.2025
Messi creates history in MLS, becomes first player to achieve rare feat
15:00 10.07.2025
Heavy rain delays over 300 flights in New Delhi
14:45 10.07.2025
Shamakhi to host conference on Modern Information Space and Freedom of Religious Belief
14:30 10.07.2025
At least 28 killed, dozens injured in pre-dawn Israeli strikes across Gaza Strip
14:15 10.07.2025
Court orders arrest of former South Korean president
14:00 10.07.2025
US nuclear-powered submarine makes first port call in Iceland
13:45 10.07.2025
Israeli soldier killed during attempted Hamas abduction in southern Gaza, IDF says
13:30 10.07.2025
ADY and China Railways reach agreement to increase BTK capacity
13:15 10.07.2025
U.S. measles cases hit highest level in 33 years,
13:00 10.07.2025
Azerbaijan, Saudi Arabia discuss co-op in hydrocarbon sector
12:45 10.07.2025
UK, France to order more Storm Shadow missiles, plan next-generation replacements
12:30 10.07.2025
Houthis kidnapped crew members of Eternity C vessel, US Embassy in Yemen says
12:15 10.07.2025
President Ilham Aliyev addresses participants of ICDO General Assembly session
12:00 10.07.2025
US to impose 50% tariffs on imports from Brazil starting August — Trump
11:45 10.07.2025
US resumes certain arms shipments to Ukraine
11:30 10.07.2025
SOCAR president participates in OPEC International Seminar
11:15 10.07.2025
Hamısı