Publications – Page 2

ASEAN’s Kuala Lumpur Summit: The Test of Regional Relevance

The 47th ASEAN Summit in Kuala Lumpur demonstrated that ASEAN still has diplomatic relevance: it expanded to include Timor-Leste, brokered a truce between Cambodia and Thailand, and attracted high-level participation from global powers. Yet, the Summit also exposed the limits of ASEAN’s influence. Political momentum is real, but fragile, and whether these outcomes lead to lasting progress will depend on implementation under the Philippines’ incoming chairmanship.

The Trans-Caspian Corridor: Understanding the Financial Framework for Attracting and Derisking Foreign Capital

The development of the Greater Caspian region has become a geopolitical imperative for the European Union. The war in Ukraine, instability in the Middle East, and disruptions along the Suez and Red Sea route have brought Central Asia and the Greater Caspian Region into sharper focus for the EU. Due to its wealth of resources of fossil fuels, hydrogen, and Critical Raw Materials (CRMs), the region holds materials which are vital for a number of core elements of the green transition, particularly in the manufacture of battery technology to store green energy. The region holds the potential to serve an essential role in the European Union’s environmental pivot.

CEPA and the EU’s Indo-Pacific Test: Can Strategic Pragmatism Meet Sustainability?

After nearly a decade of negotiations, the European Union and Indonesia have concluded their Comprehensive Economic Partnership Agreement (CEPA), a landmark deal linking Europe’s de-risking ambitions with Southeast Asia’s development priorities. As the agreement enters the complex EU ratification process, questions arise over whether Brussels can strike a balance between environmental integrity and strategic pragmatism. Palm oil, nickel, and sustainability compliance will test both partners’ political will and the EU’s ability to act as a credible, values-driven actor in the Indo-Pacific.

The Middle Corridor: EU Connectivity through Infrastructure Digitalisation and a Single Window Environment

Amid global supply chain disruptions and geo-political uncertainty, the Middle Corridor, also known as the Trans-Caspian International Transport Route (TITR), is rapidly redefining how Europe connects with the Asian continent via Central Asia and the Greater Caspian region – offering a faster, more reliable alternative to traditional trade routes. Increasingly emboldened by investment and regional cooperation, this multimodal corridor promises to reduce transit times, bypass existing chokepoints, and drive digital innovation in customs and logistics.

The Trans-Caspian Corridor: Financial Risk Mitigation for Unlocking EU Connectivity with the Greater Caspian Region and Central Asia

Examining the financial mechanisms underpinning the European Union’s engagement in Central Asia, this Policy Brief focuses on the Trans-Caspian Transport Corridor (TCTC) as a strategic infrastructure and trade initiative. It analyses how instruments such as the European Fund for Sustainable Development Plus (EFSD+), the European Investment Bank (EIB), and the Multilateral Investment Guarantee Agency (MIGA) are deployed to de-risk private investment, foster sustainable development, and strengthen regional connectivity. By assessing both the opportunities and challenges of EU-backed financing, the study highlights how coordinated investment, regulatory frameworks, and risk mitigation strategies can enhance economic integration, diversify supply chains, and support the EU’s broader geopolitical and green-transition objectives in the Greater Caspian Region.

Ishiba Steps Down: What Comes Next for Tokyo and Japan-EU Relations?

On the evening of Sunday 7 September 2025, Ishiba Shigeru announced he was stepping down from his position as the Prime Minister (PM) of Japan after less than a year in office. The decision has come following multiple election blows of his ruling coalition, consisting of Ishiba’s Liberal Democratic Party (LDP) and Komeito. Already in October 2024, just weeks after having assumed office, the coalition lost its majority in the Lower House, following poor results in the general election. In July 2025, the majority was also lost in the Upper House after disappointing parliamentary election results, causing calls for Ishiba’s resignation as Prime Minister to grow louder.

The Impact of CBAM in the Greater Caspian Region

The EU’s Carbon Border Adjustment Mechanism (CBAM) will enter its definitive phase in January 2026, and CBAM tariffs are set to have major ramifications for countries exporting goods to the EU. What will be the impact of CBAM on Azerbaijan, Kazakhstan and Turkmenistan, also referred to as the Greater Caspian region?

New mandate in Seoul: Opportunity or Uncertainty for the European Union?

Opposition leader Lee Jae-myung from the Democratic Party of Korea (DP) was sworn in as South Korea’s new president on Wednesday, 4 June 2025, following a snap election. Official results showed Lee winning by nearly three million votes (9% of the total votes) ahead of his main opponent, Kim Moon-soo of the People Power Party (PPP).

The EU-Indonesia FTA: Balancing Economic Pragmatism and Environmental Principles

The EU-Indonesia Free Trade Agreement negotiations represent the need for a fundamental balance between economic pragmatism and environmental responsibility. This exemplifies the broader challenges of global trade in the 21st century, with small and medium enterprises (SMEs) bearing a major part of the disproportionate burden created by these contradictory demands.