Azerbaijan, Kazakhstan, and Russia are all major exporters of hydrocarbons (AFP)
WASHINGTON, October 16, 2006 (RFE/RL) -- The economies of Southeastern Europe and the Commonwealth of Independent States (CIS) have for the most part grown in the 15 years since the fall of the Iron Curtain, especially in oil-rich countries such as Russia and the Caspian nations. As a result, these states have attracted generous foreign direct investment.