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President: Azerbaijan Will Increase Military Spending To $2 Billion

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  • President: Azerbaijan Will Increase Military Spending To $2 Billion

    PRESIDENT: AZERBAIJAN WILL INCREASE MILITARY SPENDING TO $2 BILLION

    Associated Press
    April 15 2008

    Azerbaijan's president announced plans Tuesday for another enormous
    increase in the country's military budget as tension continued with
    neighboring Armenia over a long-standing territorial dispute.

    Azerbaijani defense spending could reach almost $2US billion
    (euro1.3 billion) this year, up from $1.3 billion (euro820 million),
    Azerbaijan's state news agency quoted Ilham Aliev as saying.

    "The increase of military spending should not be analyzed out of
    context. We must not forget that we are in a state of war," Aliev said,
    according to the news agency.

    The planned increase is in line with the growth of the state budget,
    Aliev said.

    "Certain international organizations criticize us for building up
    our military capabilities. What they don't understand is that, over
    the last four years, the state budget has risen tenfold," he said.

    Exports from the country's vast Caspian Sea oil and gas reserves
    have helped lift Azerbaijan's economy since the Soviet collapse,
    and propelled an aggressive upgrade of its armed forces.

    Tensions remain high between Azerbaijan and Armenia, two South Caucasus
    nations that participated in a six-year conflict over Nagorno-Karabakh,
    a region that is inside Azerbaijan but has been controlled by ethnic
    Armenian forces since a 1994 cease-fire. Some 30,000 people were
    killed and more than 1 million driven from their homes.

    International mediators have repeatedly sought to get the two
    countries to resolve the dispute, which has held up development in
    the strategic region.
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