Reconstruction of Azerbaijani Territory Occupied by Armenia Requires $62bln: Deputy Prime Minister
Azerbaijan, Baku, 15 September / Trend corr. R.Novruzov/ The Reconstruction and Repatriation Program (Great Return) intended for Azerbaijani IDPs requires about $62bln, Azerbaijan's Deputy Prime Minister Ali Hasanov, also Chairman of the Committee on Refugees and IDPs, said to journalists on 15 September.
According to Hasanov, the precise cost of the program, which was developed by the Azerbaijani Government, international financial organizations, UN agencies, international and local humanitarian organizations, is being specified.
The program will provide precise estimate of the damage to occupied territories and envisages reconstruction and restoration work in the territory right after liberation, he said.
The conflict between the two countries of the South Caucasus began in 1988 due to Armenian territorial claims against Azerbaijan. Since 1992, Armenian Armed Forces have occupied 20% of Azerbaijan including the Nagorno-Karabakh region and its seven surrounding districts. In 1994, Azerbaijan and Armenia signed a ceasefire agreement at which time the active hostilities ended. The Co-Chairs of the OSCE Minsk Group ( Russia, France, and the US) are currently holding peaceful negotiations.
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