Oct. 6 (Bloomberg) -- Two Azeri soldiers were killed during an exchange of fire with Armenian troops along the former Soviet republics’ militarized cease-fire line yesterday, Azerbaijan’s Defense Ministry said.
The servicemen were fatally wounded while “repelling Armenian attacks” near the disputed region of Nagorno-Karabakh, ministry spokesman Teymur Abdullayev said by phone today in the capital, Baku.
Oil-rich Azerbaijan fought a war with Armenia over Nagorno- Karabakh, a majority Armenian-populated enclave that broke free of Baku’s control following the disintegration of the Soviet Union in 1991. The territory remains a potential flash point in a region where Russia fought a five-day war with Georgia in 2008 after separatist tensions flared up.
While the hostilities largely ended after a Russia-brokered cease-fire in 1994, the countries have failed to reach a peace agreement. Companies led by London-based BP Plc have invested more than $31 billion in Azerbaijan’s oil and gas fields since 1991.
--With assistance from Paul Abelsky in Moscow. Editors: Paul Abelsky, Torrey Clark
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