Armenia

A preliminary breakthrough in the two-decades-old Nagorno-Karabakh conflict – a framework agreement on basic principles – may be within reach.

Turkey and Armenia are close to settling a dispute that has long roiled Caucasus politics, isolated Armenia and cast a shadow over Turkey’s European Union (EU) ambition.

Armenia’s flawed presidential election, the subsequent lethal crackdown against a peaceful protest rally, the introduction of a state of emergency and extensive arrests of opposition supporters have brought the country to its deepest crisis since the war against Azerbaijan over Nagorno-Karabakh ended in 1994.

Armenia, which regained its independence in 1991 and won its 1992-1994 war with Azerbaijan, is at peace and rebuilding its economy but its stability is fragile. Nagorno-Karabakh remains an unsettled problem that easily could reignite, and the regional economic isolation that the war over it produced could become permanent if there is no resolution soon.