The only thing that keeps Baku from resuming hostilities is a military balance between Armenia and Azerbaijan, Spokesman for Heritage party Hovsep Khurshudyan told the journalists on Tuesday.

“While Azerbaijan is developing its defense industry, the Armenian authorities are crediting construction of elite buildings. Azerbaijan is exporting several types of weapons it produces, whereas Armenia spends hundreds of millions to import the ones it could produce if the country’s military industry were properly funded,” he noted.

Khurshudyan stated that the only reason the Armenian authorities can give is lack of money. “If the oligarchs pay taxes and dues, we will brilliantly manage to solve all the financial issues,” he said.

According to him, the oligarchs should realize that hostilities, if resume, will devaluate their property. “They should not think that Armenia’s ship is about to sink, which makes them export hundreds of millions. This shows that the state serves the super-profits of a few people rather than national interests,” Khurshudyan said.