Azerbaijan, Baku, August 23 / Trend I.Izzet/
The damage caused to Azerbaijan as the result of Armenian aggressive policy is estimated at $300 billion, the Deputy Prime Minister, Chairman of the State Committee on Refugees and IDPs, Ali Hasanov said.
He made the remarks during his speech at the event, held on Friday in memory of the 20th anniversary of Armenia's occupation of Azerbaijan's Jabrail region.
According to Hasanov, international organizations, including those of Russia, are involved in calculating the damages, caused to Azerbaijan as the result of aggressive policy of Armenia
As the Deputy Prime Minister noted, if Armenia doesn't give up its non-constructive position, then Azerbaijan will demand payment of these funds as compensation.
"If until now the number of refugees and IDPs has been 1 million, now it will be 1.2 million. This amendment is based on the indicator of natural increase of the population in Azerbaijan," Hasanov said.
Twenty years ago, on August 23, Armenian Armed Forces occupied Azerbaijani regions of Fizuli and Jabrail.
The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. Armenian armed forces have occupied 20 percent of Azerbaijan since 1992, including the Nagorno-Karabakh region and seven surrounding districts.
Azerbaijan and Armenia signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the U.S. are currently holding peace negotiations.
Armenia has not yet implemented the U.N. Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.