Shahin Abbasov: 9/30/08
Economics may hold the key to breaking the stalemate in the Nagorno-Karabakh peace process. Turkish and Azerbaijani officials reportedly are seriously mulling the possibility of Armenian participation in the long-planned Nabucco pipeline project as part of a comprehensive Karabakh peace pact.
Turkey is leading efforts to energize the Karabakh peace process. [For background see the Eurasia Insight archive]. Turkish, Armenian and Azerbaijani officials met in New York on September 26 to discuss the Karabakh issue and other security matters. That meeting kindled hopes that a settlement could be achieved by the end of 2008.
Although details of the recent discussions have been scarce, some experts believe that the three sides have probed a possible bargain under which Armenia would become part of the Nabucco pipeline plans, in return for a greater degree of flexibility concerning Yerevan's position on Karabakh.
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Related: Bruce Fein on this issue
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