The Secretary General of the Council of Europe, Alain Berset, has welcomed the announcements of Armenia and Azerbaijan on the finalisation of negotiations on the draft Agreement on Peace and Establishment of Interstate Relations.

Iran has welcomed the announcement of a potential peace agreement between Armenia and The Azerbaijan Republic, aiming to end nearly four decades of conflict.

Azerbaijan and Armenia said Thursday that they had wrapped up talks aimed at resolving the Caucasus neighbours' decades-long conflict, with both sides agreeing on the text of a possible treaty. Both Armenia and Azerbaijan have repeatedly said a comprehensive peace deal to end their long-standing conflict is within reach,

The European Union says conclusion of Azerbaijan and Armenia talks and agreement on the text of a possible treaty, "a decisive step."

Armenia and Azerbaijan have fought a series of wars since the late 1980s, when Nagorno-Karabakh, a region in Azerbaijan that had a mostly Armenian population at the time, broke away from Baku with Yerevan's support.

Armenia and Azerbaijan have finalized the text of a peace agreement, marking a breakthrough in efforts to end nearly four decades of hostilities over Nagorno-Karabakh. Both countries confirmed on Thursday that