The president of Azerbaijan announced that a peace treaty between his country and Armenia can be signed before the end of the year, RIA Novosti reported.

"If Armenia shows good will, the peace agreement can be concluded before the end of the year. Time is passing, our initiatives are not progressing so easily. Although the first meeting of the foreign ministers [of the two countries] did not bring concrete results, I think it is a positive step. I think that if a decision is made in the near future, the working groups of the two countries will start the work on the text of the peace treaty, we will be able to reach an agreement before the end of the year," Ilham Aliyev said in an interview with the Azerbaijani media in Prague.

According to him, "nobody, neither the Armenian side, nor the European Council has questions regarding the five principles declared by the Azerbaijani side."