Research Article

Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia

Volume: 40 Number: 4 October 1, 2025
EN TR

Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia

Abstract

After the independence of Azerbaijan and Armenia, the Karabakh problem ceased to be an internal problem of the USSR and transformed into a regional and even a global problem. The South Caucasus has gained importance in world geopolitics since the 1990s due to the oil and natural gas transportation lines. Armenia, which has appeared to be an unstable country due to the Karabakh conflict, has not benefited from any regional project. Moreover, Türkiye has restricted transportation opportunities in Armenia. Because of the war with Azerbaijan. Armenia has become an isolated country. Thus, the government has become largely dependent on Russia politically and economically. Also, the war has almost caused the country’s economy to the verge of bankruptcy. The Tripartite Declaration concluded between Russia, Azerbaijan, and Armenia on November 10, 2020, has brought collaboration opportunities for these countries and Türkiye. It has been concluded that increasing economic cooperation will also contribute to solving the countries' political problems. Additionally, the scope of economic diplomacy, particularly Türkiye's application of soft power elements, can positively affect Armenian public opinion and relations between the two countries.

Keywords

Supporting Institution

herhangi bir kurum yok

Ethical Statement

Etik Kurul Kararına ihtiyaç duyulmamıştır

Thanks

Herhangi bir teşekkür yok

References

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  3. Aras, O. N. (2008). Karabağ ekonomisi ve Karabağ Savaşı’nın ekonomik etkileri. In O.N. Aras (Ed.), Karabağ Savaşı, Siyasi-Hukuki Ekonomik Analiz (pp.127-177). Bakü: Kafkasya Araştırmaları Enstitüsü Yay.
  4. Arslanlı, A. (2015). Karabağ Sorunu ve Türkiye Ermenistan İlişkileri. Ankara: Berikan Yayınları.
  5. Aslanlı, K. (2020, Aralık). Karabağ meselesi için 3 boyutlu analitik perspektif önerisi. In İ.Demir (Ed.), Karabağ Zaferi: Kafkasya’da yeni dengelerden Türk Ve Islam dünyasında yeni işbirliği modeline (pp. 9-13), ULİSA12, Sayı 8, Ankara: Yıldırım Beyazıt Üniversitesi Uluslararası İlişkiler ve Stratejik Araştırmalar (ULİSA) Enstitüsi. https://aybu.edu.tr/GetFile?id=98d0d918-f29b-4d2b-9156-88c1385e5165.pdf (Accessed: 22.08.2022).
  6. Ayar, B. & Arslan, O. (2023). Trembling chessboard: the effects of changing Russian-Turkish relations in the south caucasus. International Trends. Mezhdunarodnye protsessy. 21(3):103-118. (In Russ.) https://doi.org/10.17994/2023.21.3.74.
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  8. Ayunts, A. & Köse, T. (2019). Armenia and Turkey: an Overview of Relations and Prospects for Normalisation. İstanbul: Hrant Dink Foundation Publications.

Details

Primary Language

English

Subjects

Regional Development and Globalisation in International Economics, International Corporation, International Economics (Other)

Journal Section

Research Article

Early Pub Date

October 1, 2025

Publication Date

October 1, 2025

Submission Date

October 12, 2024

Acceptance Date

April 12, 2025

Published in Issue

Year 2025 Volume: 40 Number: 4

APA
Can, M., & Karabulut, T. (2025). Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia. İzmir İktisat Dergisi, 40(4), 1045-1066. https://doi.org/10.24988/ije.1566089
AMA
1.Can M, Karabulut T. Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia. İzmir İktisat Dergisi. 2025;40(4):1045-1066. doi:10.24988/ije.1566089
Chicago
Can, Muharrem, and Tahsin Karabulut. 2025. “Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia”. İzmir İktisat Dergisi 40 (4): 1045-66. https://doi.org/10.24988/ije.1566089.
EndNote
Can M, Karabulut T (October 1, 2025) Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia. İzmir İktisat Dergisi 40 4 1045–1066.
IEEE
[1]M. Can and T. Karabulut, “Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia”, İzmir İktisat Dergisi, vol. 40, no. 4, pp. 1045–1066, Oct. 2025, doi: 10.24988/ije.1566089.
ISNAD
Can, Muharrem - Karabulut, Tahsin. “Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia”. İzmir İktisat Dergisi 40/4 (October 1, 2025): 1045-1066. https://doi.org/10.24988/ije.1566089.
JAMA
1.Can M, Karabulut T. Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia. İzmir İktisat Dergisi. 2025;40:1045–1066.
MLA
Can, Muharrem, and Tahsin Karabulut. “Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia”. İzmir İktisat Dergisi, vol. 40, no. 4, Oct. 2025, pp. 1045-66, doi:10.24988/ije.1566089.
Vancouver
1.Muharrem Can, Tahsin Karabulut. Possible Effects of the Tripartite Declaration (21 October 2020) on the Economic and Political Relations of the Türkiye Azerbaijan and Armenia. İzmir İktisat Dergisi. 2025 Oct. 1;40(4):1045-66. doi:10.24988/ije.1566089
İzmir Journal of Economics
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