On November 10th the official ceasefire agreement was signed by Russian President Vladimir Putin, Azerbaijani President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan. The resulting consequence is the withdrawal of Armenian troops while Nagorno-Karabakh will remain within Azerbaijan.
When comparing the military budgets, airpower, land force, logistics and even international support, Azerbaijan clearly holds a dominant position. The only advantage that Armenia held was the ethnic Armenian population in Nagorno-Karabakh. This comparison is important in answering the question of why this conflict even happened and who stands to gain from its result. The official statements from both sides accuse one another of starting the conflict. However, it is clear that Azerbaijan had the upper hand and a window of opportunity to settle the dispute. On the other hand, Armenia had a lot to gain from this conflict but not nearly enough means to be successful.