Baku Threatens Karabakh with Oil FactorFebruary 13, 2006 - 18:38 AMT PanARMENIAN.Net - Round-table discussions titled "Role of oil factor in the process of Nagorno Karabakh problem settlement" was held in Stepanakert with the participation of members of political parties and NKR society. According to Free Homeland party co-chairman Artur Tovmasyan, the Baku-Tbilisi-Ceyhan oil pipeline has become an original "oil pipeline of peace" and resumption of hostilities in the region is excluded within next 10-15 years taking into account the economic profit to be derived from the project. In the opinion of chairman of NRK NA finance and budget committee Ara Harutyunyan, the expected economic growth will hardly play any role in the Nagorno Karabakh conflict settlement. "The statements that Azerbaijan will become rich and settle the issue by force are ungrounded," the deputy said noting the income will make $125-150 per head annually. For his part, NKR parliament member Gagik Petrosyan noted that the oil factor cannot be decisive for the Karabakh problem settlement. "Baku tries to threaten Karabakh with the oil factor. Oil has tactical but not strategic importance for Baku," Petrosyan said. In the words of ARFD Movement-88 parliamentary group head Armen Sargsyan Karabakh should develop its economy to neutralize the oil factor. "In view of integration of Caucasian states oil has a negative impact," he said. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora To buy real estate, Diasporans can apply to Ameriabank online to buy, renovate or build a home anywhere in Armenia. Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. |