Azerbaijan-Armenia peace talks: The status quo and an emerging diplomatic breakthrough
Azerbaijan’s takeover of Karabakh in September 2023, while a disruptive event, has opened the window for renewed dialogue to peacefully resolve the longstanding tensions between Azerbaijan and Armenia. While the ongoing negotiations are unlikely to lead to a comprehensive peace deal in the near term, they could alter the strategic calculus of key actors in the region. The most likely and consequential outcome of the talks will be a peace framework agreement that could rebalance the regional status quo, potentially leading to a peace deal between Armenia and Azerbaijan.