Azerbaijan’s President Ilham Aliyev announced that the majority of the text for a peace agreement between Baku and Yerevan is now finalized, signaling a potential resolution to long-standing regional tensions. During the opening of the XII Global Baku Forum, Aliyev emphasized the importance of establishing peace in the South Caucasus. Concurrently, Armenian Prime Minister Nikol Pashinyan expressed Yerevan’s readiness to facilitate land transportation of Azerbaijani goods to Turkey through Nakhchivan. This development follows a meeting between Armenian Foreign Minister Ararat Mirzoyan and Dutch Foreign Minister Kaspar Weldkamp, where a declaration on strategic partnership was signed. Weldkamp’s statements indicative of a strong stance against Russian disinformation highlight concerns over its impact on Armenia’s relations with Ukraine, Moldova, and Georgia, as well as its potential to exacerbate tensions with Azerbaijan. This visit signifies a tangible shift in Armenia’s foreign alignment, suggesting a move away from Eurasian Economic Union (EAEU) and Collective Security Treaty Organization (CSTO) structures. These developments are critical as they could reshape regional dynamics and influence the security architecture of the South Caucasus.