Armenia-Turkey rapprochement will stabilize the situation in South Caucasus, Caucasus Institute Director, politologist Alexander Iskandaryan told a news conference in Yerevan. "Establishment of Armenia-Turkey relations will signal serous changes in the region. Obviously, the role of a Georgia as a transit country will be diminished and some of projects planned subjected to risks," Alexander Iskandaryan said.

According to him, Iran's presence in the region will become more significant. Azerbaijan's position will considerably weaken in case of Yerevan -Ankara ties normalization, the politologist noted.