Following from Armenia to Turkey. Georgia plays an

Following the breaking up of the Soviet
Union, the South Caucasus experienced a full economic fragmentation. Former
Soviet States were faced to necessity of launched new trade connections and
agreements. Additionally, the political elites were vigorously engaged in
building ethnically-defined nation states, whereas the strenuous battle to
getting power. They also struggle for domination over the economic resources of
the newly independent states. In the South Caucasus, these processes were
exaggerated by nationalistic rhetoric and policies that led to violent
conflicts. One of those conflicts has been over the Nagorno-Karabakh region
between Armenia and Azerbaijan. Turkey closed the rail and air connections with
Armenia and halted the transit of humanitarian aid through its territory to
Armenia in 1993. Today, Armenia has two “gates” to the world – Georgia to the
north and Iran to the south. On my point of view, these “gates” are largely
inappropriate for the establishment of regional economic cooperation and the
implementation of transnational projects. 
Out of the 1,500 kilometers of land border that Armenia shares with its
four neighbors, only about 250 kilometers are open for transnational economic
relations. Armenia has well established relations with Georgia and their
current economic ties are crucially important for Armenia, as Georgia is the
main transit country for Armenia. Iran and Armenia have developed energy and
trade cooperation even though Armenia’s major trade and economic partners for
either state or private business actors is Russia. With an active flow of
remittances and investments from Russia, its role in Armenia’s economy is
major. Recently Armenia deepened its economic integration with Russia within
the framework of the EAEU along with Belarus, Kazakhstan, and Kyrgyzstan. In
this context, Armenia could potentially benefit from new opportunities gaining
access to the EAEU markets. On the other hand, Armenian businesses have almost
one-sided economic relations with their Turkish counterparts. Goods from Turkey
enter Armenia, but no major trade flows are going from Armenia to Turkey.
Georgia plays an important role in the socio-economic relations of the South
Caucasus since it is the transit country for regional transport and energy
projects. Currently, Georgia has substantial socio-economic cooperation with
all neighboring countries.