The Peace and Development Party (Armenian: Խաղաղություն և զարգացում կուսակցություն) is an Armenian political party in Artsakh.

The Peace and Development Party was established on 25 October 2014.^[2] Its founder and current party leader is Garik Grigoryan. The party currently has no parliamentary representation within the National Assembly and acts as an extra-parliamentary force.

On 26 November 2016, a political party by the same name also registered itself in Armenia, by political analyst Andrias Ghukasyan.^[3] Ghukasyan hoped that both parties would cooperate together. During an interview, Ghukasyan stated, "I think that in the future a joint alliance of the Armenian and Artsakh parties will be formed, which will give an opportunity to have a new political force, which operates jointly in both Artsakh and Armenia."^[4][5][6] However, Chairman Garik Grigoryan confirmed that the two parties have no connection.^[7]

The party did participate in the 2015 Nagorno-Karabakh parliamentary elections, winning just 0.86% of the popular vote and failing to win any seats in the National Assembly.^[8] Following the election, the party released a statement criticizing the lack of democracy in the country. The party opted not to participate in the 2020 Artsakhian general election.^[9][10]

The party advocates for peace in the Caucasus region, the right for Artsakh citizens to determine their own future, fighting corruption and authoritarianism, and supporting the economic development of Artsakh.^[1]

• List of political parties in Artsakh
• Politics of Artsakh