"The Eurasian Union: Do Not Count Your Member States Before They Are Hatched."

This study employs a case-centric research design with the ambition to build a plausible explanation of Russia’s foreign policies in Armenia, Azerbaijan, and Georgia, using theories (neoclassical realism and regimes theories) as heuristic tools that act as frameworks for this analysis. It argues that Russia’s material power capabilities (an independent variable) guides Moscow’s foreign policies (dependent variables in this study) in all three South Caucasian states. Next, it points out that the differentiation of the independent variable helps to develop a more discriminating analysis of the effectiveness of Russia’s material power capabilities and to identify specific factors that favors or hinders the success of each variant.