BAKU, Azerbaijan, July 19. Renewed military
clashes between Azerbaijan and Armenia are unlikely, says Fitch
Ratings, Trend reports.
The rating agency recalls that in March 2025, Azerbaijan and
Armenia reported that they have agreed on the text of the peace
agreement, “although the contents and timescale for signing a
treaty are unclear”.
“In Fitch’s view, a return to military conflict is currently
unlikely.”
The latest peace talks were held between President of Azerbaijan
Ilham Aliyev and Prime Minister of Armenia in Abu Dhabi, the United
Arab Emirates.
The meeting was held in a constructive atmosphere.
Serious and substantive discussions were held on key aspects of
the peace agenda — border delimitation, the opening and development
of the Zangazur Corridor, and the initialing of a peace
agreement.
Both parties reached a general understanding to continue
negotiations through various working groups and at higher
levels.
