Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Armenia and Azerbaijan agree treaty terms to end almost 40 years of conflict
    Headlines

    Armenia and Azerbaijan agree treaty terms to end almost 40 years of conflict

    Armenia and Azerbaijan agree treaty terms to end almost 40 years of conflict

    Published by Global Banking and Finance Review

    Posted on March 13, 2025

    Featured image for article about Headlines

    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)

    Related Posts
    Russia-China Far Eastern gas route construction progressing, China ambassador to Russia tells RIA
    Russia-China Far Eastern gas route construction progressing, China ambassador to Russia tells RIA
    Europe to vote on scheme to help abortion access
    Europe to vote on scheme to help abortion access
    Analysis-Pakistan's military chief Asim Munir in spotlight over Trump's Gaza plan
    Analysis-Pakistan's military chief Asim Munir in spotlight over Trump's Gaza plan
    Sydney mourners remember slain Rabbi at Bondi Beach funeral
    Sydney mourners remember slain Rabbi at Bondi Beach funeral
    UK to provide financial support to save its last ethylene plant
    UK to provide financial support to save its last ethylene plant
    Doctors in England begin five-day walkout during flu surge
    Doctors in England begin five-day walkout during flu surge
    Belarusian president calls for fast action on Ukraine war while US is engaged
    Belarusian president calls for fast action on Ukraine war while US is engaged
    Australian state to pass emergency gun laws as funerals of Bondi attack victims begin
    Australian state to pass emergency gun laws as funerals of Bondi attack victims begin
    Swift Anglo-Teck merger approval shows Canada's pro-business shift, dealmakers say   
    Swift Anglo-Teck merger approval shows Canada's pro-business shift, dealmakers say   
    Couple, man who died trying to stop Bondi Beach attackers praised for heroic efforts
    Couple, man who died trying to stop Bondi Beach attackers praised for heroic efforts
    Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say
    Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say
    Stellantis says EU proposals fall short on auto industry's energy transition needs
    Stellantis says EU proposals fall short on auto industry's energy transition needs

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostGreek foreign minister says subsea power link to Cyprus will conclude
    Next Headlines PostSpain sees no risk in rising reliance on U.S. liquefied gas

    More from Headlines

    Explore more articles in the Headlines category

    Under Ukraine security guarantees, Western troops could repel Russian forces post-ceasefire, says Germany's Merz

    Under Ukraine security guarantees, Western troops could repel Russian forces post-ceasefire, says Germany's Merz

    Slovaks rally against government moves they see damaging rule of law

    Slovaks rally against government moves they see damaging rule of law

    OpenAI taps former UK finance minister Osborne to lead global Stargate expansion

    OpenAI taps former UK finance minister Osborne to lead global Stargate expansion

    US threatens countermeasures on European service providers after EU fines

    US threatens countermeasures on European service providers after EU fines

    EU drops 2035 combustion engine ban as global EV shift faces reset

    EU drops 2035 combustion engine ban as global EV shift faces reset

    Israeli settler kills 16-year-old Palestinian in West Bank, mayor says

    Israeli settler kills 16-year-old Palestinian in West Bank, mayor says

    FCAS fighter jet "very unlikely" after ministers' talks, source says

    FCAS fighter jet "very unlikely" after ministers' talks, source says

    Campari's parent company settles tax dispute with 405 million euro payment

    Campari's parent company settles tax dispute with 405 million euro payment

    Universal offers to sell Downtown's Curve to win EU approval, source says

    Universal offers to sell Downtown's Curve to win EU approval, source says

    Auto sector divided as EU unveils plans to undo 2035 combustion engine ban

    Auto sector divided as EU unveils plans to undo 2035 combustion engine ban

    Italy's offshore wind push languishes, putting climate goals at risk

    Italy's offshore wind push languishes, putting climate goals at risk

    New Rome metro stations showcase ancient treasures after years of delays

    New Rome metro stations showcase ancient treasures after years of delays

    View All Headlines Posts