🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Aliyev raises Azerbaijan's flag in former breakaway region of Karabakh

Published 10/15/2023, 10:04 AM
Updated 10/15/2023, 10:05 AM
© Reuters. Azerbaijan's President Ilham Aliyev attends a flag raising ceremony in the town of Aghdara, known as Martakert by Armenians, following Azerbaijan's military operation and a further mass exodus of ethnic Armenians from the region of Nagorno-Karabakh, Azerb

MOSCOW (Reuters) -Azerbaijani President Ilham Aliyev on Sunday raised the national flag in the capital of the former breakaway region of Nagorno-Karabakh after a lightning military operation last month brought the territory back under Azerbaijan's control.

"President of the Republic of Azerbaijan Ilham Aliyev has raised the national flag of the Republic of Azerbaijan in the city of Khankendi and delivered a speech," the presidential office said.

The capital, known was Khankendi by Azerbaijan and as Stepanakert by Armenians, fell to Azerbaijan after security forces crushed ethnic Armenian fighters last month, prompting most of Karabakh's 120,000 ethnic Armenians to flee to Armenia.

Nagorno-Karabakh, known as Artsakh by Armenians, is a landlocked mountainous area in the South Caucasus. The territory is internationally recognised as part of Azerbaijan.

It was claimed by both Azerbaijan and Armenia after the fall of the Russian Empire in 1917 and has remained a point of tension ever since. In Soviet times is remained as part of the Azeri Soviet Republic but with autonomy. Its name then was the "Nagorno-Karabakh Autonomous Oblast".

As the Soviet Union crumbled, what is known as the First Karabakh War erupted (1988-1994) between Armenians and their Azeri neighbours. About 30,000 people were killed and more than a million people displaced.

Azerbaijan lost a chunk of its territory with Armenians left in control of most of Karabakh, alongside extra territory around Karabakh's perimeter. Azerbaijan vowed to take back control over the territory.

© Reuters. Azerbaijan's President Ilham Aliyev attends a flag raising ceremony in the town of Aghdara, known as Martakert by Armenians, following Azerbaijan's military operation and a further mass exodus of ethnic Armenians from the region of Nagorno-Karabakh, Azerbaijan October 15, 2023. President of the Republic of Azerbaijan/Handout via REUTERS

In 2020, after decades of skirmishes, Azerbaijan began a military operation which became the Second Karabakh War swiftly breaking through Armenian defences. Azerbaijan, backed by Turkey, won a resounding victory in the 44-day war, taking back parts of Karabakh.

Then in September of this year, Aliyev launched a military operation against the ethnic Armenian fighters of the region, defeating them.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.