PanARMENIAN.Net - Russian President Vladimir Putin and his Azerbaijani counterpart Ilham Aliyev are expected to sign a declaration on allied cooperation in Moscow Tuesday, February 22.

"Today we will sign the declaration on allied cooperation. This is, quite obviously, a new stage in the development of our relations, and, of course, this became possible, including after the progress in the resolution of the Karabakh issue, which has not yet been fully resolved in general," Putin said, according to RIA Novosti.

Putin said he and Aliyev have achieved "certain agreements" on the development of trade and economic ties in Nagorno-Karabakh. He said disputes still remain, but Moscow will do everything so that the settlement process proceeds peacefully.

"In any event, there are already certain agreements not only in terms of ensuring the security of all the people who live there, but also in terms of developing trade and economic ties and unblocking transport communications. I know that there are still disputes, there is something to work on. But we will do everything to ensure that this process develops peacefully, and that we achieve the satisfaction of all parties involved in this process," he added.

The Russian leader noted that economic ties between Russia and Azerbaijan are "well diversified", with regional ties developing very actively too.