Of course Georgia has as much hope of regaining control over Abkhazia and South Ossetia as Serbia does Kosovo, which is to say none at all short of launching an all-out war to retake the territories, a highly-unlikely prospect in either situation. For his part, Russian President Dmitry Medvedev marked the two-year anniversary of the conflict by paying a state visit on his Abkhaz counterpart, President Sergei Bagapsh (Russia is just one of a small handful of countries that recognizes the independence of Abkhazia and South Ossetia).
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To be honest, South Ossetia's future options are pretty limited. With a tiny population, and landlocked within the rugged and restive southern Caucasus region, being a self-governing Russian satellite is probably their best play (estimates are that 98% of the South Ossetian economy is linked to Russia). Abkhazia is rather different. During the Communist era, Abkhazia's Black Sea coastline was considered the “Soviet Riviera”; meaning it has great potential as a tourist destination (there are a fair number of countries around the world who have built fairly respectable economies on the tourist trade). Add to that the fact that in less than four years time the Winter Olympics will be held just up the road in Sochi, Russia; the world will literally be coming to Abkhazia's door. Of course all of this will mean a lot less to Abkhazia so long as they are compelled to take their marching orders from Moscow. So far Russia has been supporting Abkhazia not only economically, but also militarily; Russia's explanation – that they have to defend Abkhazia against future Georgian aggression - is not one you can easily dismiss given the boasts on the part of Georgian President Mikhail Saakashvili that Georgia will reclaim both breakaway regions. But the Russian military footprint is growing within Abkhazia, it now includes some of their most-sophisticated weapons (including the S-300 anti-aircraft system) and plans to expand a Black Sea naval station; signs that clearly point towards Russia planning a long stay in the region.
Neoconservatives, along with left over Cold Warriors in Washington, warn against Russia trying to reestablish a Soviet-style “sphere of influence” in Eastern Europe and Central Asia. Of course when you isolate a region diplomatically, you help to push them into closer relations with the few places that do recognize their existence. All of which makes an interesting case for the United States recognizing Abkhazia's independence and launching full diplomatic relations with them. The United States shouldn't be as foolish as we previously were with pro-western governments in Ukraine and Saakashvili's-own in Georgia and expect Abkhazia to choose between the US or Russia – given their position as next-door neighbors, you would both hope and expect Russia and Abkhazia to have close and friendly relations. But that is something different than being a satellite of Russia. Sure, recognition will upset the Georgians greatly, but the United States had no problem in telling Serbia to, in essence, “get over” losing Kosovo; for the good of the region, it is a message worth repeating to the Georgians as well.
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