IBOV 183,476.86 ▼ 0.27% IPSA 11,256.80 ▼ 0.38% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,893,751 ▼ 1.57% COLCAP 2,584.72 ▼ 0.95% BVL PERÚ 59,934.37 ▲ 1.27% USD/BRL5.19▼ 0.12% USD/MXN17.68▼ 0.27% USD/CLP960.63▼ 0.27% USD/COP3,293▲ 0.20% USD/PEN3.39▼ 0.67% USD/ARS1,525▲ 0.30% USD/UYU40.21▲ 3.50% USD/PYG5,870▲ 2.23% USD/BOB12.17▲ 2.05% USD/DOP59.35▲ 0.25% USD/CRC450.87▲ 2.53% USD/GTQ7.64▲ 3.22% USD/HNL26.85▲ 0.31% USD/NIO36.62▲ 2.66% USD/VES853.52▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.77▲ 2.72% EUR/BRL5.91▲ 0.63% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 183,476.86 ▼ 0.27% IPSA 11,256.80 ▼ 0.38% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,893,751 ▼ 1.57% COLCAP 2,584.72 ▼ 0.95% BVL PERÚ 59,934.37 ▲ 1.27% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Central Asia Defense Monitor

South Asian Arms Fuel Caucasus Rivalry: India and Pakistan’s Growing Influence

By · October 14, 2024 · 2 min read

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The South Caucasus region has become a new battleground for India and Pakistan’s strategic competition. Both nations are expanding their influence by supplying arms to Armenia and Azerbaijan.

This arms race is reshaping the military balance and potentially undermining peace efforts in the region. India has emerged as Armenia’s largest defense supplier, with arms deals totaling around $600 million in recent years.

The country has sold Pinaka multiple-launch rocket systems, Akash anti-aircraft systems, and anti-tank rockets to Armenia. Additionally, India will deliver 90 ATAGS howitzers to Armenia over the next three years.

Meanwhile, Pakistan has strengthened its ties with Afghanistan through various military collaborations. The country has sold JF-17 “Thunder” fighter jets to Azerbaijan and conducted joint military exercises since 2016.

Pakistan has also been training Azerbaijani military personnel, further cementing their alliance. France has also entered the arms market in the region.

South Asian Arms Fuel Caucasus Rivalry: India and Pakistan's Growing Influence
South Asian Arms Fuel Caucasus Rivalry: India and Pakistan’s Growing Influence.
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The European nation recently signed a deal to supply Armenia with 36 Caesar self-propelled howitzers. This influx of military hardware is shifting the power dynamics that had previously favored Azerbaijan.

The arms race reflects broader geopolitical dynamics in the region. Armenia is seeking to diversify its military support beyond its traditional reliance on Russia.

Geopolitical Dynamics in the Caucasus

India sees an opportunity to counter Pakistani and Turkish influence in the Caucasus. Pakistan, on the other hand, is deepening its “Three Brothers” alliance with Azerbaijan and Turkey.

Peace negotiations between Armenia and Azerbaijan are ongoing, but analysts warn that the military buildup could spark new conflicts. The situation remains tense, with unresolved territorial disputes and the risk of unilateral military actions by Azerbaijan.

The arms race also impacts regional connectivity projects like the Middle Corridor. This initiative aims to link East Asia to Europe via Central Asia and the Caucasus.

China’s recent formal entry into this project adds another layer of complexity to the geopolitical landscape. As the situation evolves, the international community is closely monitoring the impact of this arms race on regional stability.

The challenge remains to find a path to lasting peace while major powers compete for influence through military sales and partnerships.

The influx of arms from India and Pakistan has created a delicate balance in the Caucasus. Both Armenia and Azerbaijan are bolstering their military capabilities, potentially setting the stage for future conflicts.

The international community must work towards diplomatic solutions to ensure long-term stability in this strategically important region.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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