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Armenia and Azerbaijan agree treaty terms to end almost 40 years of conflict
Published by Global Banking & Finance Review®
Posted on March 13, 2025
2 min readLast updated: January 24, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on March 13, 2025
2 min readLast updated: January 24, 2026
Armenia and Azerbaijan have finalized a peace treaty to end their long-standing conflict. The agreement awaits signing, pending constitutional changes.
By Felix Light and Nailia Bagirova
TBILISI/BAKU (Reuters) -Armenian and Azerbaijani officials said on Thursday that they had agreed the text of a peace agreement to end nearly four decades of conflict between the South Caucasus countries, a sudden breakthrough in a fitful and often bitter peace process.
The two post-Soviet countries have fought a series of wars since the late 1980s when Nagorno-Karabakh, a region in Azerbaijan that had a mostly ethnic-Armenian population at the time, broke away from Azerbaijan with support from Armenia.
Armenia's Foreign Ministry said in a statement on Thursday that a draft peace agreement with Azerbaijan had been finalised from its side.
"The peace agreement is ready for signing. The Republic of Armenia is ready to start consultations with the Republic of Azerbaijan on the date and place of signing the agreement," Armenia's Foreign Ministry said in a statement.
In its statement, Azerbaijan's Foreign Ministry said: "We note with satisfaction that the negotiations on the text of the draft Agreement on Peace and the Establishment of Interstate
Relations between Azerbaijan and Armenia have been concluded."
However, the timeline for signing the deal is uncertain as Azerbaijan has said a prerequisite for its signature is a change to Armenia's constitution, which it says makes implicit claims to its territory.
Armenia denies such claims, but Prime Minister Nikol Pashinyan has said repeatedly in recent months that the country's founding document needs to be replaced and has called for a referendum to do so. No date has been set.
The outbreak of hostilities in the late 1980s prompted mass expulsions of hundreds of thousands of mostly Muslim Azeris from Armenia and Armenians, who are majority Christian, from Azerbaijan.
Peace talks began after Azerbaijan retook Karabakh by force in September 2023, prompting almost all of the territory's 100,000 Armenians to flee to Armenia.
Both sides had said they wanted to sign a treaty to end the long-running conflict, but progress has been slow and relations tense.
Their 1000 km (621 miles) shared border is closed and heavily militarised.
In January, Azerbaijani President Ilham Aliyev accused Armenia of posing a "fascist" threat that needed to be destroyed, in comments that Armenia's leader called a possible attempt to justify fresh conflict.
(Reporting by Felix Light and Nailia BagirovaEditing by Sharon Singleton)
The main topic is the finalization of a peace treaty between Armenia and Azerbaijan to end their decades-long conflict over Nagorno-Karabakh.
Azerbaijan requires changes to Armenia's constitution, which it claims makes implicit territorial claims, before signing the treaty.
The conflict began in the late 1980s over Nagorno-Karabakh, leading to wars and mass expulsions, with recent developments in 2023 prompting peace talks.
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