Armenia has proposed to Azerbaijan the signing of a non-aggression pact, pending a comprehensive peace treaty between the Caucasus archrivals, according to Armenian Prime Minister Nikol Pashinyan.
Yerevan and Baku have fought two wars – in 2020 and the 1990s – over the disputed Karabakh region, which Azerbaijan recaptured in a lightning offensive last year.
"We have presented Azerbaijan with a proposal for a mutual arms control mechanism and the signing of a non-aggression pact if the signature of a peace treaty encounters delays," Pashinyan said in a speech during an Armenian Army Day celebration event.
He also said that Armenia – a longstanding ally of Russia that had voiced fears of Azerbaijani military moves against its territory – must revise its security arrangements.
"We need to reconsider our strategic thinking in the security sphere and diversify our (international) relations in that sphere," Pashinyan said.
"We are set to purchase new and modern weapons, and over the last years, the government has signed contracts on arms procurement worth billions of dollars," he added.
Azerbaijan has denied having territorial claims to Armenia and ruled out a fresh conflict with its fellow ex-Soviet republic.
Pashinyan and Azerbaijani President Ilham Aliyev had previously said a peace agreement could have been signed by the end of last year.
But internationally mediated peace talks have so far failed to produce a breakthrough.
Stalled peace talks
Last month, Armenia and Azerbaijan swapped prisoners of war, a first step toward normalizing relations.
The European Union, the United States, and regional powers Türkiye and Russia have praised the move as a "breakthrough." The pair also discussed the withdrawal of troops from their shared border, but no concrete decision followed.
The prisoner exchange raised hopes for reviving face-to-face talks between Pashinyan and Aliyev.
The pair have met several times for normalization talks mediated by EU chief Charles Michel.
But the process has been on hold since October.
Traditional regional power broker Russia bogged down with its dragging Ukraine offensive, has seen its influence wane in the Caucasus.
Aliyev sent troops to Karabakh on Sept. 19, and after just one day of fighting, Armenian separatists – who had controlled the region for three decades – surrendered and agreed to reintegrate with Baku.
But in December, separatist leader Samvel Shahramanyan said in Yerevan that his previous decree ordering the dissolution of separatist institutions was invalid.
Almost the entire ethnic-Armenian population – more than 100,00 people – fled Karabakh for Armenia following Baku's takeover.
Azerbaijan's victory in September marked the end of the territorial dispute, which had long been seen as unresolvable, as Azerbaijan established full sovereignty in Karabakh.