IP- Azerbaijanian President Ilham Aliyev said his country may sign a peace agreement with Armenia before a COP29 conference to be hosted by Baku in November.

Iran PressIran news: "Reaching agreement, at least on the fundamental principles of [peace] between Azerbaijan and Armenia prior to the COP29 [event] looks quite realistic," Aliyev said during an international conference in Baku.

According to the Azerbaijanian leader, the option of coordinating a basic agreement is also being considered. "And later on, we could spend the time on finalizing the proposals," he added as he encouraged both former Soviet republics to "work heartily" toward that goal.

Azerbaijan and Armenia have a common understanding of what the peace agreement between the two countries should look like, and it is only necessary to work out the details, President of Azerbaijan Ilham Aliyev said.

"Now we have a common understanding of what a peace agreement should look like. We only need to work out the details. Of course, both sides need time," the head of state said.

Aliyev underscored that Baku and Yerevan are now closer to signing a peace treaty than ever before.