Robert M. Cutler

Archives for Enlargement & Neighbours

It is in serious trouble, but is the Russian economy unsustainable? Western sanctions have restricted Russian companies’ access to international financial markets, but it is the state’s policies and priorities that are tanking its economic performance. Recent statistical releases show the Russian economy unsustainable without reform Recent statistical releases show that the gross domestic product… » read more

Posted by Robert Cutler

Turkmenistan has broken Russia’s stranglehold on its gas exports by opening a pipeline through Uzbekistan and Kazakhstan to China. The country’s president Gurbanguly Berdimuhamedov has just made his first trip to New Delhi where the Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline project was discussed. Earlier this year a short pipeline was opened in order to increase exports to Iran, and gas is in the process of being identified for eventual export to Europe via a Trans-Caspian Gas Pipeline and the EU’s Southern Corridor. The era of Russian control over the country’s exports is over, and Ashgabat is taking care to make certain that it is not squeezed between Moscow and Beijing.

Posted by Robert Cutler

Dani Rodrik, Rafiq Hariri Professor of International Political Economy at Harvard University’s Kennedy School, was born in Istanbul. He writes: I no longer recognize Turkey, the country where I was raised and spend most of my time when I am not teaching in the U.S. It wasn’t so long ago that the country seemed to… » read more

Posted by Robert Cutler

Robert M. Cutler amerikai politológus-tanácsadó szerint a közép-európai országoknak muszáj együttműködniük az orosz befolyás csökkentéséért. Az oroszok a gázt politikai fegyverként használják, és a nagy nemzetközi vezetékekért folyó küzdelem akár fegyveres konfliktusok kitörésében is szerepet játszik. Az azeri gázmezők válthatják meg térségünket a moszkvai nyomástól.

Posted by Robert Cutler

Following the recent agreement on principles and prices between Azerbaijan and Turkey for bilateral gas sales, Azerbaijan this week increased again the amount of gas it is willing to provide to the Nabucco pipeline, this time to half its projected capacity.

Posted by Robert Cutler

An anonymous but highly placed representative of the Azerbaijan state oil company, SOCAR, confided to Trend News Agency in Baku last week that agreement has been reached with Turkey concerning the price of Azerbaijani gas and its transit through Turkish territory.

Posted by Robert Cutler

Complicating Cyprus

The election of Derviş Eroğlu as president in northern Cyprus complicates Turkey’s EU accession negotiations, as well as the already thorny negotiations over the island republic’s reunification.

Posted by Robert Cutler

Turkey last week strengthened its energy ties with Iraq by renewing a contract to import Iraqi oil to the Turkish Mediterranean Sea port of Ceyhan, where Azerbaijani oil also arrives via the Baku-Tbilisi-Ceyhan (BTC) pipeline. Earlier this year, it was announced that Iraq will export between 5 billion and 10 billion cubic meters per year of natural gas to Turkey for inclusion in the Nabucco pipeline carrying the fuel to Europe.

Posted by Robert Cutler

The EU is taking its time in deciding what real policy actions to implement regarding the crisis over Greek finances and the eurozone, but publics in Greece and elsewhere are not waiting to express their disenchantment with national and supranational elites.

Posted by Robert Cutler

Of the “newly independent states” of the former Soviet Union, Kazakhstan continues to lead the economic recovery from the continuing global financial crisis, based in part on an innovative approach to financial restructuring of the banking sector that statutorily limits the prerogatives of creditors.

Posted by Robert Cutler