By adopting the law on foreign agents, the ruling Georgian Dream party is inviting Russia and the West to compete for Tbilisi’s favor.

Yerevan should not delay if it wants to integrate with the West, diversify its foreign policy, and build a new model of bilateral relations with Moscow.

Passage of the controversial bill may drive a wedge between Tbilisi and Brussels and pave the way for a rapprochement with Russia.

Georgian Dream, which until recently looked certain to win another victory in this year’s elections, now risks repeating last year’s mistake—only this time, the stakes are higher.

While Baku appears inclined to pursue a “business only” arrangement with the European Union, it’s unclear whether that would be acceptable for Brussels.

The Kremlin’s options include attempting to organize a coup in Yerevan, or applying economic pressure. Neither is particularly likely.