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  • Baku: Top Official: Armenia Must Comply With International Law And W

    TOP OFFICIAL: ARMENIA MUST COMPLY WITH INTERNATIONAL LAW AND WITHDRAW ITS TROOPS FROM AZERBAIJANI LAND

    Trend
    Dec 6 2012
    Azerbaijan

    Turkey, Istanbul, Dec. 6 / Trend, special correspondent A.Badalova /

    Armenia must comply with the international law and withdraw its
    troops from Azerbaijani land, Azerbaijani Presidential Administration
    Political Analysis and Information Provision Department Head Elnur
    Aslanov said at the Caspian forum in Istanbul on Thursday.

    "Only then real peace and stability will be in the region. We believe
    that the solution to the ongoing conflict over Nagorno-Karabakh is
    vital for the well being of entire South Caucasus region and Eurasia,"
    Aslanov said.

    Aslanov stressed that the total economic damage caused by
    Azerbaijani-Armenia Nagorno-Karabakh conflict is estimated at 431
    billion US dollars.

    "At the same time Azerbaijan and Armenia increase their military
    budgets. In addition, we have a huge humanitarian catastrophe -
    approximately one million refugees and internally displaced persons
    due to the occupation of 20 percent of Azerbaijani territories by
    Armenia," Aslanov said.

    "But our patience is not unlimited. The time to resolve this conflict
    has come," Aslanov added.

    Aslanov stressed that all the steps from Azerbaijani side show that
    the country is committed to a peaceful resolution of the conflict.

    "We have a will and desire to resolve this problem. Unfortunately,
    there have been no such signals from other side," Aslanov said.

    "Nevertheless, we are ready to continue the negotiations on the status
    of Nagorno-Karabakh within Azerbaijan," Aslanov added.

    The conflict between the two South Caucasus countries began in 1988
    when Armenia made territorial claims against Azerbaijan. Armenian
    armed forces have occupied 20 per cent of Azerbaijan since 1992,
    including the Nagorno-Karabakh region and seven surrounding districts.

    Azerbaijan and Armenia signed a ceasefire agreement in 1994. The
    co-chairs of the OSCE Minsk Group - Russia, France and the U.S. -
    are currently holding peace negotiations.

    Armenia has not yet implemented the U.N. Security Council's four
    resolutions on the liberation of the Nagorno-Karabakh and the
    surrounding regions.

    Aslanov pointed out that Azerbaijan is also a major strategic partner
    and guarantor of energy security of Georgia.

    "Azerbaijani companies have a large share in the Georgian economy. For
    example, SOCAR-Georgia plays an important part in the economic
    development of Georgia and is one of the country's largest taxpayers",
    he said.

    Aslanov noted that Azerbaijan's share in the total investment volume
    in Georgia in the first half of 2012 amounted to just over 10 per cent.

    "Azerbaijan invested $48.8 million in Georgia. It is next only to
    the Netherlands (37 per cent) and the US (11 per cent). Azerbaijan's
    total investment in the Georgian economy is approaching $ 3 billion",
    the official said.

    According to him, Azerbaijan is a guarantor of a diversification of
    energy supplies to Europe.

    "Azerbaijan is one of the main suppliers of energy to Turkey, and this
    relationship is still developing and growing. Soon 10 billion cubic
    meters of Azerbaijani natural gas will flow through Turkey to Europe,
    and we plan to grow this trade to beyond 20 billion cubic meters per
    year", Aslanov said.

    He pointed out that Azerbaijan has become an investor country and
    demonstrates its readiness to participate in the development of its
    neighbors and partners.

    "To date, Azerbaijan's investment abroad constitutes $5 billion and
    is expected to increase several times in the short term. Azerbaijani
    investment will play a role in the progressive development of Georgia,
    Turkey, Ukraine and other countries of the Black Sea region, which
    will create a favorable environment for the effective implementation
    of regional projects", said the official.

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