Cementing the “1921 borders” consolidates Azerbaijan’s geostrategic position—one it has steadily built up over the post-Soviet decades. For Armenia, the definitive renunciation of irredentism opens the prospect of developing economic and political ties with its Turkic neighbours. While offering new opportunities for national development, it also carries the risk of inducing overdependence, writes Valdai Discussion Club Programme Director Anton Bespalov.
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