Russian Foreign Ministry issued a statement on the forthcoming meeting of Armenian, Azerbaijani and Russian Presidents in Kazan on June 24.

Moscow expects that “Baku and Yerevan will respond constructively to the joint statement issued on May 26 in Deauville by the presidents of the co-chairs of the OSCE Minsk Group - the Russian Federation, the United States and the French Republic, which calls on Armenian and Azerbaijani leaders to show political will and complete discussion of the draft Basic Principles on the Nagorno-Karabakh conflict during the Kazan summit.”

“The document, which will be discussed in Kazan, is a result of an important period of joint work of the parties and co-chairs. It is a solid foundation for further advancement and preparation for the comprehensive peace agreement,” the statement reads.

Foreign Ministry hopes that on this basis, the sides will come to an agreement for “peace, prosperity and development of the entire region.”

Armenian and Azerbaijani Presidents Serzh Sargsyan and Ilham Aliyev will arrive in Kazan on June 24 to attend a traditional Russian President’s Cup horse race at the invitation of Dmitry Medvedev.

Earlier, Presidents of Russia, France and Armenia issued a joint statement on Nagorno-Karabakh within the framework of G8 Summit, on May 26.

They called upon the Presidents of Armenia and Azerbaijan to demonstrate their political will by finalizing the Basic Principles during their upcoming summit in June.