ABSTRACT
The southern tier of the former Soviet Union (the southern Caucasian states of Armenia, Azerbaijan, and Georgia and the central Asian states of Turkmenistan, Uzbekistan, Kazakhstan, Kyrgyzstan, and Tajikistan) is an area that, for many reasons, would benefit from enhanced cooperation among its states and peoples. In the economic sphere, the states are small; the enlargement of market size inherent in subregional trade arrangements would therefore improve their prospects. This, in turn, would accelerate flows of investment into the region.
