Yerevan signals joint work with Baku on signing peace agreement

The peace agreement between Azerbaijan and Armenia has already been finalized, and the parties will work together on its signing and subsequent ratification, Armenian Deputy Foreign Minister Vahan Kostanyan said.

According to him, the document has been initialed, and Baku and Yerevan are effectively “in a state of peace.” The next step will be the formal legal completion of the agreement.

Kostanyan also noted that both sides have undertaken a political commitment to open regional communications on a reciprocal basis and are continuing work in this direction.

In the economic sphere, he highlighted early progress: Armenia has already begun importing gasoline from Azerbaijan, and the sides have exchanged lists of goods for potential bilateral trade. Discussions are ongoing, with preliminary agreements reached on several items.

Speaking earlier at the Antalya Diplomacy Forum, Kostanyan emphasized that relations between Baku and Yerevan are now characterized by a “completely different dynamic,” focused on dialogue and a shared future.

He added that the South Caucasus is demonstrating resilience amid global instability, but this stability must be reinforced through practical political decisions, including the opening of transport links and deeper regional connectivity.

Among Yerevan’s priorities, he also pointed to the development of transport and energy infrastructure, including multimodal projects involving international partners. Armenia aims to diversify its energy supply while also strengthening its role as a transit hub linking Central Asia, Azerbaijan, and Europe.