The Ministry of Foreign Affairs of Azerbaijan announced the possibility of signing a peace agreement with Armenia in the near future.

 This was said by the head of the Foreign Ministry of Azerbaijan Jeyhun Bayramov during the meeting of the OSCE Permanent Council.

 According to him, Azerbaijan is actively working to ensure lasting peace with Armenia.

 The minister talked about the process of normalization of relations between Azerbaijan and Armenia, and also voiced Baku's position on the current stage of bilateral negotiations.

 "With the end of the almost thirty-year armed conflict and with the obligations of respect for the sovereignty, territorial integrity and inviolability of each other's borders accepted by the two countries for the first time after the restoration of their independence, they found themselves on the threshold of the world for the first time," - the message of the Ministry of Foreign Affairs of Azerbaijan states.

 According to Bayramov, the negotiations held over the past few weeks in Washington, Brussels, Moscow and Chisinau "made it possible to better understand the positions of the parties."

 Earlier, the Secretary of the Security Council of Armenia, Virmen Hryhoryan, said that a peace agreement with Azerbaijan is possible by the end of the year.

 Prior to that, Armenian Prime Minister Nikol Pashinyan said that there is still no agreed draft peace agreement with Azerbaijan that could be signed.

 The territorial dispute between Azerbaijan and Armenia concerns the territory of the so-called Nagorno-Karabakh. It is part of the internationally recognized territory of Azerbaijan, although after the collapse of the USSR, the Armenians, who are the majority there, declared it an independent state.

 In recent months, the Armenian Prime Minister has repeatedly made statements signaling his readiness to recognize Azerbaijan's sovereignty over Nagorno-Karabakh.