The signing of a peace treaty between Azerbaijan and Armenia will contribute to the establishment of peace in the region, Azeri presidential aide Hikmet Hajiyev said on Saturday, according to Trend News Agency.

"There is no more conflict. Azerbaijan is working on the creation of transport infrastructure, including the Zangazur corridor. Azerbaijan proposed to sign a peace treaty with Armenia. We intend to sign a peace treaty. Similar cases have occurred in international practice, for example, the peace treaty signed between Germany and France. The signing of a peace treaty will contribute to the establishment of peace in the region," Hajiyev said in a speech at the 8th Global Baku Forum.

He said that despite the efforts of the OSCE Minsk Group, no results have been achieved in the settlement of the conflict.

Under the auspices of the President of Azerbaijan Ilham Aliyev and with the organization of the Nizami Ganjavi International Center, the VIII Global Baku Forum titled "The World after COVID-19" kicked off on November 4.

The two-day event brings together high-level representatives from more than 40 countries of the world, former heads of state and government, representatives of international and non-governmental organizations, as well as other guests to discuss issues of global importance.