October 30, 2008 - 13:49 AMT
U.S. welcomes Russia's initiative for presidential talks on Karabakh
The U.S. welcomes Russia's initiative for presidential talks on the Nagorno Karabakh issue.

"We have been working on this issue for quite some time. I think a lot of you have catalogued those efforts over the years, and working through the OSCE and the Minsk Group. But I guess to bottom-line for you, we're pleased by this initiative that Moscow is undertaking. We hope that the initiative succeeds. We are monitoring it very closely," said Sean McCormack, a spokesman for the Department of State.

Presidents of Armenia, Russia and Azerbaijan are reported to meet in Moscow on November 2 to will discuss the Nagorno Karabakh conflict settlement process

On October 31, Foreign Ministers of Armenia, Russia and Azerbaijan are scheduled to meet in Moscow. On November 1, they will meet with Co-chairs of the OSCE Minsk Group. The outcomes of the meetings will be briefed to the Presidents, who will meet for talks in the future.