The European Commission welcomes the agreement between Armenia and Turkey to advance the process of normalisation of relations, Commissioners Benita Ferrero-Waldner and Olli Rehn stated, says a release sent to PanARMENIAN.Net. "The European Commission attaches high importance to a rapid and steady implementation of the protocols on the establishment of diplomatic relations and on the development of bilateral relations. This agreement should contribute to peace and stability in the South Caucasus," say the release.