The European Union has released €2.3 billion in financial aid to Ukraine to support urgent social and civil infrastructure needs. According to political analyst Orkhan Nabiyev, this move reflects the EU’s assessment that a peace deal with Russia is unlikely in the near future.
Prospects for Azerbaijan–Türkiye ties in 2026 will largely depend on regional peace efforts and the broader geopolitical environment in the South Caucasus according to a regional analyst.
Türkiye–Azerbaijan trade and investment talks at the 12th meeting of the Joint Intergovernmental Commission (JIC), held in Baku on 22–23 December, are being framed as a key moment in efforts to expand bilateral economic cooperation.
The European Union is facing mounting political pressure over its ability to keep Russian sovereign assets frozen, as internal divisions, leadership changes and war fatigue reshape decision-making across the bloc.
The European Union’s interest in investing in regional connectivity projects in the South Caucasus, such as the Trump Route for International Peace and Prosperity (TRIPP) is driven by a need for strategic credibility and a tangible foreign policy success, according to a regional expert.
U.S. envoy Steve Witkoff and Ukrainian President Volodymyr Zelenskyy held two rounds of high-stakes talks in Berlin, Germany on 14-15 December. Ukraine’s chief negotiator, Rustem Umerov, posted on X that discussions with the U.S. envoy have been "constructive and productive".
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
Kazakhstan has begun redirecting part of its crude exports, sending oil from Kashagan to China as the Caspian Pipeline Consortium (CPC) operates at reduced capacity.
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