Russia’s role in the Nagorno Karabakh conflict settlement is great, Armenian President said.

“Russia has enough strength to establish peace and stability in our region. I would like to thank Russian President Dmitry Medvedev for seeking peaceful solutions,” Serzh Sargsyan told Echo of Moscow.

“Russia is capable restrain armament race and resumption of hostilities in the region and Armenia has high expectation for Moscow, which a powerful regional actor,” he said.