Caucasus in April 2026: the most important developments in economy
In the Caucasus in April 2026, the most widely reported economic story was the collapse of a bridge on the Caucasus highway in Dagestan on April 5; traffic resumed. Trade and energy ties shifted across the region. Armenia and Azerbaijan opened up to trade on April 21 after years of strained ties. Russia and Abkhazia signed an energy cooperation agreement, a European country switched from Russian to Azerbaijani oil, and Azerbaijan sold gold worth $3 billion in its first ever drawdown. Belarus and Azerbaijan agreed to cooperate in construction, Russia exported dairy products to Azerbaijan, and a Russian lawmaker urged Armenia not to speculate on changes in Russian gas prices. China emerged as a leader in Georgia's banking sector. On April 22 the EU announced plans to protect Armenia from cyberattacks ahead of its elections.
by WorldBrief & Maksim Micheliov | AI-generated summary
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