Recent progress in the Azerbaijani-Armenian peace process is important both for the two countries and for the entire South Caucasus, Georgian Foreign Minister Maka Botchorishvili said during a meeting of the UN Peacebuilding Commission's Ministerial Council.

Axar.az informs, citing Rеport, that Botchorishvili said that a more peaceful and predictable South Caucasus would create broad opportunities for economic development, investment, cooperation and regional connectivity.

Botchorishvili noted that strengthening stability in the region could contribute to the economic development of South Caucasus countries.