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

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. Armenia last year suspended its participation in the Moscow-led Collective Security Treaty Organisation (CSTO) over the bloc's failure to come to its aid in the conflict with Azerbaijan.

Armenia and Azerbaijan have been engaged in wars since the late 1980s when Nagorno-Karabakh, an enclave predominantly inhabited by Armenians, seceded from Azerbaijan

By Felix Light and Nailia Bagirova TBILISI/BAKU (Reuters) -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,

Azerbaijan and Armenia have agreed on a draft text of a peace agreement, Azeri Foreign Minister Ceyhun Bayramov announced on Thursday. Bayramov said that Armenia has accepted Azerbaijan's proposals regarding the last remaining disputed points in the deal, though he did not specify what those were.

Azerbaijan retook Karabakh by force, prompting almost all of the territory's 100,000 Armenians to flee to Armenia..Moscow, Armenia, Azerbaijan, peace agreement, South Caucasus, Nagorno-Karabakh conflict,

Azerbaijan said Thursday that a consensus has been reached on all articles of the peace agreement with Armenia to resolve the Caucasus

The Azerbaijani foreign minister announced on Thursday that a consensus has been reached on all articles of the peace agreement with Armenia. Speaking at a news conference in Azerbaijan's capital Baku, Jeyhun Bayramov explained that Armenia had initially refused to accept two articles of the agreement but had recently agreed to them.

Armenia and Azerbaijan were locked in conflict over Nagorno-Karabakh for nearly four decades after the Soviet Union they were both members of collapsed. Here is a look at the history of the conflict and the latest developments as Armenian and Azerbaijani officials said on Thursday that they had agreed the text of a peace agreement.

"The peace agreement is ready for signing. The Republic of Armenia is ready to start consultations with the Republic of Azerbaijan on the date and place of signing the agreement," Armenia's Foreign Ministry said in a statement.