First of all, it was triggered by the extreme escalation of tensions along the Azerbaijan-Armenia border, where hundreds of clashes have claimed the lives of dozens of soldiers and civilians. Both sides resort to their traditional blame game. As is always the case, the Russian president states that he believes that both parties are genuinely looking for a peaceful solution to the current crisis.

Second, the success of Russia’s peacemaking efforts would be quite useful to Moscow at this time. The Ukrainian crisis devalues Russia’s peacemaking efforts; fewer and fewer people still believe it is willing and able to resolve conflicts in the post-Soviet space. Interestingly enough, the smiling Armenian President Serzh Sargsyan asked Putin to keep him informed of the steps Russia takes in Ukraine, promising to do the same vis-à-vis the events in the Caucasus region.

In other words, if Russia is able to succeed in its peacemaking efforts now, it might somewhat restore its dented international reputation.

Third, Russia is seeking to strengthen its position in the post-Soviet space more than ever before. In this context, it is interested in maintaining good working relations with both Armenia and Azerbaijan. It is especially true in light of the fact that Armenia is Russia’s strategic partner; it is a member of the Collective Security Treaty Organization and also intends to join the Customs Union and possibly the Eurasian Union. For its part, Azerbaijan, which has always considered Russia one of its major international partners, will have to overcome the temptation to supply Europe with gas under the so-called Southern Gas Corridor initiative, thus taking Russia out of the energy equation. So it is getting increasingly more difficult for Russia to preserve balance in its relations with both countries.

Fourth, it is possible that Russia may take some unconventional steps to validate its status of a peacemaker. For instance, it may offer to send its peacekeepers into the region (such rumors had been circulating before the start of the summit). Such an event seems unlikely, but if it indeed takes place, it may create a precedent for more Russian peacekeeping engagements in some other regions, such as the southeast of Ukraine.

In any event, the August trilateral summit goes beyond the actual Nagorno-Karabakh conflict, while the conflict itself remains unresolved.