Russia cautiously welcomes agreement initialed by Baku and Yerevan

Moscow is cautiously optimistic about the agreement initialed by the foreign ministers of Armenia and Azerbaijan. This was stated by Russian Deputy Prime Minister Alexei Overchuk during a session of the Eastern Economic Forum, Sputnik Armenia writes.

"We are very cautiously optimistic about the initialed agreement between Armenia and Azerbaijan. This is an important contribution to strengthening peace in our large Eurasian region," he emphasized.

Recall that on August 8, in Washington, the leaders of Armenia, Azerbaijan and the United States signed a joint declaration on the peaceful settlement of the conflict. According to the document, Armenia grants the United States exclusive long-term rights for a period of 99 years to develop the route along which Baku plans to establish land communication with Nakhichevan. The project will be managed by a consortium to which the American side will sublease the land.

In addition, the foreign ministers of Armenia and Azerbaijan agreed to close the OSCE Minsk Group and related structures. The ministers also initialed the text of the future peace treaty, which was later published.