Categories: World

Leaders of Armenia, Azerbaijan set for first meeting since October

The leaders of Armenia and Azerbaijan are set to meet for the first time since October at trilateral talks with U.S. Secretary of State Antony Blinken in Munich on Saturday, the U.S. State Department said.

Tensions have escalated between the two South Caucasus nations over a two-month blockade of the Lachin corridor, the only land route giving Armenia direct access to the disputed Nagorno-Karabakh region.

The U.S. State Department said Blinken would meet Armenian Prime Minister Nikol Pashinyan and Azerbaijan President Ilham Aliyev at 1235 GMT. The politicians are attending the three-day Munich Security Conference.

Armenia has sent Azerbaijan a draft proposal for a peace settlement, Pashinyan said this week.

Nagorno-Karabakh is internationally recognised as part of Azerbaijan, but its 120,000 inhabitants are predominantly ethnic Armenians and it broke away from Baku in a first war in the early 1990s.

Azeri civilians identifying themselves as environmental activists have been facing off since Dec. 12 with Russian peacekeepers on the Lachin corridor.

Yerevan says the protesters are government-backed agitators. Baku denies blockading the road, saying that some convoys and aid are allowed through.

Saturday’s meeting would be the two leaders’ first face-to-face encounter since late October, when Russian President Vladimir Putin hosted talks in the Black Sea city of Sochi. A Dec. 7 meeting in Brussels was scrapped.

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Saudi: FlyAkeed raises $25.15mln in equity and business travel financing for large enterprises

The funding will primarily support a new embedded deferred payment offering that enables a larger…

1 day ago

US private payrolls growth slows in August, ADP says

Private employment rose by 38,000 jobs last month. U.S. private payrolls increased moderately in August,…

1 day ago

European Clean Tech Atlas

The Atlas tracks Europe's clean-tech transformation, showing how adoption, investment and industrial change are unfolding…

2 days ago

Europe’s long-term care gap: longevity risk and health uncertainty

Future EU long-term care demand hinges more on health trajectories than ageing alone, making prevention…

2 days ago

New evidence of strong but slow portfolio responses to equity premium changes

Standard portfolio theory predicts strong investor responses to changes in the equity premium, but empirical…

2 days ago

The implications of climate change for monetary policy

Climate change and the transition to net zero are reshaping the macroeconomy, with important implications…

2 days ago