Karabakh agreement not reached in St. Petersburg

The long anticipated meeting between Armenia’s and Azerbaijan’s presidents took place on June 9th in St. Petersburg. Contrary to speculation circulating in Armenia and the OSCE Co-Chairs’ apparent optimism preceding this meeting, the two leaders failed to reach an agreement.

With upcoming presidential elections both in Armenia and Azerbaijan, the negotiation process is now expected to slow down till 2009. After that there will be at least one new leader (Robert Kocharia is bound to leave office in 2008) and many believe that will mean another setback for the negotiations.

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