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Grant Thornton Azerbaijan against any unlawful activity in Nagorno-Karabakh

13 July 2017 15:02 (UTC+04:00)
Grant Thornton Azerbaijan against any unlawful activity in Nagorno-Karabakh

By Laman Ismayilova

Grant Thornton Azerbaijan announced that it stands with the Azerbaijani government against any unlawful activity in Nagorno-Karabakh.

Grant Thornton Azerbaijan, following the Azerbaijani Economy Ministry’s warning in respect of the activities of the Armenian member firm, expressed its support to the Ministry and immediately sent a note to the Grant Thornton International and Grant Thornton Armenia over the unlawful actions.

“Grant Thornton Azerbaijan, immediately contacted Grant Thornton International and Grant Thornton Armenia, and obtained written undertaking from the Armenian firm that they do not have any plans to do any business or professional activity directly or indirectly in Nagorno-Karabakh territory of Azerbaijan and they do not have any intention to have any legal presence in the occupied territory,” Azertac reported with reference to the company.

Grant Thornton International also confirmed in writing their undertaking to ensure that the Armenian firm is complying with the statement signed by them for not doing any business in Nagorno-Karabakh and this will be monitored constantly. Both letters were given to the Ministry of Economy as a confirmation of their commitment.

Grant Thornton Azerbaijan Managing Partner, Farouk Mohamed once again reconfirmed his respect for laws and regulations issued by the government of Azerbaijan and stated that under no circumstances will allow such regulation to be violated.

"Grant Thornton is operating in Azerbaijan for many years and serve sustainable development of local businesses in the country and has no legal, financial or any other type of business relationship with Grant Thornton Armenia," Farouk Mohamed said. "This way we will continue to provide high level of professional services to our international partners and local clients.”

Azerbaijan takes necessary measures against those, who are engaged in illegal business or economic activity in the Azerbaijani territories occupied by Armenia. Moreover, unauthorized visits to Nagorno-Karabakh and other occupied regions of Azerbaijan are considered illegal and individuals who pay such visits are included in the Azerbaijani Foreign Ministry’s “black list”.

Armenia captured Nagorno-Karabakh and seven surrounding regions from Azerbaijan in a war that followed the Soviet breakup in 1991. More than 20,000 Azerbaijanis were killed and nearly 1 million were displaced as a result of the war.

Large-scale hostilities ended with a Russia-brokered ceasefire in 1994 but Armenia continued the occupation in defiance of four UN Security Council resolutions calling for immediate and unconditional withdrawal. Peace talks mediated by Russia, France and the U.S. within the OSCE Minsk Group have produced no results so far.

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