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While obstacles remain, the conditions are looking good for launching the negotiation process between Russia, the United States, and Europe on the creation of a joint missile defense system for the entire Euro-Atlantic region.
With inflation rising, trade balances falling, and economic growth slowing, the outlook for Russia's economy is bleak. Official plans for strict budget tightening will only add to the troubles.
U.S.-Russia cooperation on civilian nuclear energy would enhance mutual security, promote economic growth, cement the gains of the reset, and provide the relationship with long-term stability.
The current political and economic situation in the South Caucasus is partly the result of the misconceptions about the region that have been propagated by both outsiders and locals.
Located in an important economic and transport corridor, the countries of the South Caucasus are grappling with the challenges of post-Soviet independence, internal and external tensions, and unresolved conflicts in three breakaway territories.
Narrow bilateralism is an abiding problem in regional policies in the South Caucasus, and it is only complicated by the multiple policy agendas of outside interests such as Russia or the United States.
Russia, Europe, and the United States are critical players in Moldova’s development and have an opportunity to help transform Moldova into a real post-Soviet success story and prove that a prosperous democracy can exist in the space between East and West.
Russia’s current push for economic modernization coincides with growing political activism and concerns, both among domestic groups and in the West, about the absence of political liberalization.
While the "reset" in U.S.–Russian relations has come with closer cooperation on arms control, Afghanistan, and Iran, as long as Russia's system of personalized power rests on anti-Western principles, a true reset is unattainable.
Given Moldova’s economic potential and political openness, the United States, the European Union, and Russia can play a significant role in aiding Moldova on the path to EU membership and helping to transform the country into a prosperous pluralistic democratic state.
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