Secretary General of the Council of Europe Terry Davis expressed hope that the Nagorno Karabakh conflict will be settled till the presidential elections in Azerbaijan and Armenia. He said solution of the conflict proceeds from the interests of both the Armenian and Azeri nations. "In case if the conflict is resolved, both sides will be able to pay more attention to educational, health care and social sphere problems," he underscored.

Terry Davis noticed that today both Armenia and Azerbaijan spend huge financial means in defense sphere. "After settlement those means may be invested in increasing pensions, construction of schools and hospitals," the CoE Sec. Gen. said, APA reports.