The participants of the second panel – Regional Cooperation in the South Caucasus: New Opportunities – Dr. Stepan Grigoryan, Chairman of the Board, Analytical Centre on Globalization and Regional Cooperation (ACGRC) (Yerevan, Armenia), Rusif Huseynov, Director, Topchubashov Center (Baku, Azerbaijan) and Prof. Dr. Giray Sadik, Professor & Chair, Department of International Relations Faculty of Political Science, Ankara Yıldırım Beyazıt University (Ankara, Turkey) together with the moderator, Alex Petriashvili, the Rondeli Foundation Senior Fellow, addressed a prospective peace deal between Armenia and Azerbaijan, as well as the potential normalization of relations between Turkey and Armenia and its influence on the strengthening of the regional cooperation in the South Caucasus. The speakers also discussed the prospects of establishing a “single platform” for regional and economic dialogue involving Armenia, Azerbaijan, and Georgia; and the implications of Russia’s military invasion of Ukraine in terms of enhancing regional economic cooperation, including energy production and transit, across the South Caucasus.