We are on the threshold of finding a solution to Karabakh conflict, Swedish Foreign Minister Carl Bildt said Wednesday June 15 in Tbilisi at a joint briefing with his Georgian counterpart Grigol Vashadze.

"We follow the course of conflict settlement with major attention and hope that the Azerbaijani and Armenian presidents will make a great progress in the upcoming talks," he said.

Bildt stressed that the issue was discussed today during a meeting with Vashadze, which lasted over an hour, Trend News reported.

The presidents of Russia, Armenia and Azerbaijan are slated to meet June 25 in the Russian city of Kazan, the next in a series of trilateral meetings on the frozen conflict.

United States, French and Russian leaders called on Armenia and Azerbaijan on May 26 to move toward a peaceful resolution of the long-standing conflict over the breakaway region of Nagorno-Karabakh.

"We...are convinced that it is time for the sides in the conflict over Nagorno-Karabakh to take a decisive step toward a peaceful resolution (of the conflict)," said a joint statement by Presidents Barack Obama, Nicolas Sarkozy and Dmitry Medvedev at the G8 summit in the French resort of Deauville.

"We firmly call on the leaders of the sides to prepare their people for peace, not war," the statement said.

"We call on the presidents of Azerbaijan and Armenia to demonstrate political will and finalize...the basic principles (of a peace agreement) during the forthcoming summit in June."