Azerbaijan took full control over the Nagorno-Karabakh region this September, choosing to restore its territorial integrity by force and thus ignoring the previous years of negotiations with Armenia. As a result, hardly any ethnic Armenians remain in the region, with the vast majority having fled to Armenia for fear of ethnic cleansing after months of total blockade by Azerbaijan. Armenia fears military incursion by Azerbaijan within its territory – particularly in its Syunik Province – despite Baku’s claims that it has no interest in doing so. What are the chances that a peace agreement between Armenia and Azerbaijan will be signed? What would its value (and contents) be, considering the persistent lack of trust between the parties? Who could provide security guarantees to Armenia? What will happen to the border demarcation process and the dispute over the transport connection between Azerbaijan and its exclave Nakhichevan? Is the conflict likely to escalate again? In this episode we are talking about the current fast-changing developments around this conflict as well as discuss its roots and decades-long history.