But hurdles remain. Azerbaijan also said Armenia’s constitution must “eliminate the claims against the sovereignty and territorial integrity of Azerbaijan,” as a prerequisite to allow for the signing of the peace treaty.

Armenian and Azerbaijani officials said on Thursday that they had agreed the text of a peace agreement to end nearly four decades of conflict between the South Caucasus countries, a sudden breakthrough in a fitful and often bitter peace process.

PARIS (Reuters) - French President Emmanuel Macron said on Thursday that the agreement of peace treaty terms between Armenia and Azerbaijan should open the way for a lasting peace deal in the region.

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

Armenia and Azerbaijan were locked in conflict over Nagorno-Karabakh for nearly four decades after the Soviet Union they were both members of collapsed.

Representatives of Armenia and Azerbaijan have concluded negotiations and agreed on the text of a peace agreement, the foreign ministries of both countries announced.

Armenia and The Azerbaijan Republic have reached an agreement on a peace treaty, marking a significant step toward ending nearly four decades of conflict between the two former Soviet republics, officials from both countries announced on Thursday.

Armenia's Foreign ministry said on Thursday that a draft peace agreement with Azerbaijan had been finalised from its side and that it was ready to discuss a date and location to sign a final deal. Armenia and Azerbaijan have fought a series of wars since the late 1980s,

The two South Caucasus nations, former Soviet states, have fought multiple wars since the 1980s when Nagorno-Karabakh, an ethnically Armenian region broke away from Azerbaijan.

Armenia and Azerbaijan agreed to the terms of a long-awaited peace treaty Thursday that could end a decades-long conflict that began with the fall of the Soviet Union.

Azerbaijan and Armenia said Thursday that they had wrapped up peace talks aimed at resolving the Caucasus neighbours' decades-long conflict, both sides having agreed the text of a possible treaty.