New study highlights positive economic effects of a settlement of the Karabakh conflict on Armenia and Azerbaijan
29 January 2019

A new study that analyses the economic effect of a full resolution of the Nagorno-Karabakh conflict in multiple dimensions, including public finances, trade, the energy and water sectors, and financial markets, will be presented today (Tuesday, 29 January), in Brussels.

The study, entitled "The economic effect of a resolution of the Nagorno-Karabakh conflict on Armenia and Azerbaijan", was prepared by the consultancy firm, Berlin Economics, and financed by the European Union. A statement on the Berlin Economics website said that the study  "seeks to demonstrate and quantify through rigorous analysis the potential economic gains of resolving the conflict, and in so doing contribute to efforts to peacefully resolve the conflict."

You can read and download a copy of the study on the Berlin Economics website, here

In Brussels this afternoon, EU Special Representative for the South Caucasus, Toivo Klaar will make opening remarks at the launch event co-hosted by the European Policy Centre and LINKS (Dialogue, Analysis and Research). Berlin Economics Director, Riccardo Giucci, and Consultant David Saha, are expected to present the main findings of the report, after which there will be a panel discussion with the participation of Ilgar Gurbanov, Anahit Shirinyan and Dennis Sammut. 

Berlin Economics is an independent economics consultancy providing advice to international private and public sector clients. Its regional focus are the CIS countries, where the company has several years of hands-on experience in the transition process.