The stable outlook reflects S&P's expectation that the ceasefire agreement between Azerbaijan, Armenia, and Russia will broadly hold, underpinning a reduction in war-related security, financial sector, and balance-of-payments risks.

One of the main tasks of the agency is to identify promising industries and areas of investment activity and study strategies to attract investment.

Periodic shootouts have increased along the border, where a kilometre here or a metre there apparently is enough reason to unleash heavy calibre weaponry

The aircraft will be sold on both domestic and international markets and will become a new versatile regional aircraft designed to operate on local lines away from central cities.