YEREVAN. – Armenia and the Armenian people have something to counter the petrodollars and “caviar diplomacy” of Baku, MP from Prosperous Armenia Vahan Babayan told reporters.

“We can respond bu the capabilities and skills of our people in Armenia and Diaspora,” Babayan said commenting on PACE's report titled “Escalation of Violence in Nagorno-Karabakh and Other Occupied Territories”.

Prosperous Armenia will do everything to resist encroachments, Babayan said, adding that head of parliamentary group Naira Zohrabyan will work in this direction during the summer PACE session in Strasbourg.