Armenia’s position within the EAEU is growing increasingly strained as Yerevan signals interest in European integration. Economic dependence on Eurasian markets, regulatory incompatibilities, Russian concerns and the December 2026 report all point to a narrowing space for maneuver between Brussels and Armenia’s current partners in the Eurasian integration framework today.
European parliamentary resolutions targeting Azerbaijan have triggered a strong diplomatic response from Baku, raising concerns over sovereignty, territorial integrity, and external interference in the peace process with Armenia. The timing, coinciding with EU negotiations, suggests potential political pressure, while highlighting broader tensions around post-conflict realities and competing narratives in the South Caucasus.
Rising global energy prices are set to strengthen Azerbaijan’s macroeconomic position in 2026, with higher export revenues driving current account and fiscal surpluses. While favorable market conditions improve external balances and resilience, structural dependence on hydrocarbons remains a key challenge, underscoring the need for economic diversification and sustainable long-term growth strategies beyond the energy sector.
Conflicts are increasingly becoming prolonged and uncertain, reshaping global security and economic dynamics. Modern wars rarely end with clear outcomes, turning into enduring factors of international politics. Against this backdrop, rare cases of rapid resolution highlight the importance of political will, strategic coherence, and effective coordination.