EU-South Caucasus

The purposes of the subject “EU-South Caucasus” are the following:

1. To know the EU Trade Policy with South Caucasus region;
2. To analyze the trade relations and partnership agreements between the European Union and the South Caucasus countries.

The Subject “European Union-South Caucasus” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: European Business, World Trade.

Masters: International Business, Foreign Trade.

Courses: EU International Relations.

Languages: or Unión Europea-Cáucaso del Sur UE-Caucase du Sud UE-Sul do Cáucaso.

EU-South Caucasus trade relations:

The South Caucasus (Transcaucasia: Armenia, Azerbaijan, and Georgia) is a geopolitical region situated on the border of Eastern Europe and Southwest Asia.

1. Since 2004, the EU has become the main trading partner of each country of the South Caucasus;
2. The bilateral trade with the EU represented 30% of the total trade for Armenia (43%), Azerbaijan, and Georgia. These share of the total European Union Foreign Trade remains very low (less than 0.5% in total);
3. The Foreign Trade between the EU and the South Caucasus countries (Armenia, Azerbaijan, and Georgia) has intensified since their inclusion in the European Neighborhood Policy in 2004;
4. Armenia, Azerbaijan and Georgia benefit from the GSP of the EU;
5. The Trade Relations of the EU with Armenia, Azerbaijan, and Georgia are governed by a Partnership and Cooperation Agreement: the Black Sea Synergy.

EU-South Caucasus:

The EU-South Caucasus belongs to:

1. Islamic Civilization (Central Eurasian Economic Area);
2. Western Civilization (European Economic Area);
3. Orthodox Economic Area.

EU Trade Agreements.

Economic corridors:

1. Afghanistan-Turkey Corridor;
2. International North-South Transport Corridor;
3. Baltic-Adriatic Transport Corridor;
4. Europe-Caucasus-Asia Corridor;
5. Trans-Caspian Corridor.

(c) EENI Global Business School (1995-2023)
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