"Nagorno Karabakh conflict may be resolved in the short-run historic perspective, and Russia will do its best to assist in the process," RF President Dmitry Medvedev told a press conference in Baku after negotiations with his Azeri colleague Ilham Aliev.

"The most important thing is that those principles exist, and no one denies parties' willingness to view all issues in that spirit and settle the conflict in accordance with basic principles," Medvedev said.

"As shown by the recent meeting in St. Petersburg, negotiation parties, i.e. Armenia and Azerbaijan, are willing to eliminate discrepancies in their positions and move forward," Novosti Azerbaijan quotes Russian President as saying.