Consideration of Genocide resolution in Congress does not bode well for Armenia-Turkey reconciliation and hinders maintaining of stable peace in the Caucasus, said Turkish FM Ahmet Davutoglu, TRT reports.

Davutoglu also noted that Ankara assigns high priority to similar initiatives within reasonable limits, underlining that they have already presented their views to all interested parties.

The House Foreign Affairs Committee is set to consider the Armenian Genocide Resolution on March 4, 2010.

A.G.