Crossroads of Peace: Advancing Regional Integration and Global Trade Through Post-Conflict Cooperation

This article examines the potential economic benefits of the Crossroads of Peace (CoP) initiative proposed by the Government of Armenia. To assess regional trade dynamics, three indicators were applied: the Export Similarity Index (ESI), the Trade Complementarity Index (TCI), and the Revealed Comparative Advantage (RCA). The findings reveal that the ESI between Armenia and its regional partners, Türkiye and Azerbaijan, is 0.25, indicating minimal competition in export markets. In contrast, the TCI score of 0.5 from the region to Armenia suggests a relatively higher degree of complementarity, highlighting stronger opportunities for regional exports to Armenia than vice versa. Furthermore, Armenia’s projected trade volume with Türkiye in 2024 is estimated at USD 787 million, underscoring the initiative’s potential to foster significant economic exchange.