BAKU, Azerbaijan, December 11. The US-brokered
peace framework is a credible basis for normalizing the
Azerbaijan-Armenia relations, Trend reports via Moody’s.
“Risks from the Azerbaijan-Armenia conflict will linger, but we
believe it is unlikely that the conflict will escalate to the
extent that it will significantly hamper policymaking and their
economic and fiscal prospects in 2026. The US-brokered
Armenia-Azerbaijan peace framework, which was concluded in August
2025, provides a credible basis for normalising relations between
Armenia and Azerbaijan,” said Moody’s in its latest report.
The rating agency believes that the risks will not derail the
two countries' strong growth momentum.
On August 8 in Washington, President of the Republic of
Azerbaijan Ilham Aliyev, US President Donald Trump, and Armenian
Prime Minister Nikol Pashinyan signed a joint declaration. One of
the points of the document provides for the launch of the “Trump
Route for International Peace and Prosperity” (TRIPP) to unblock
regional communications.
During the same meeting, Azerbaijani Foreign Minister Jeyhun
Bayramov and Armenian Foreign Minister Ararat Mirzoyan initialed
the draft “Agreement on the Establishment of Peace and Interstate
Relations between Azerbaijan and Armenia” and signed a joint letter
to the current OSCE Chairperson regarding the closure of the OSCE
Minsk process, the OSCE Chairperson’s personal representative for
the conflict discussed at the Minsk Conference, and the High-Level
Planning Group.
