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The future peace treaty between Armenia and Azerbaijan will be a result of compromises by both sides, Russian President Vladimir Putin told reporters on Monday, according to TASS.

"The peace treaty is not here yet, and it is too early to speak here about its basic elements, because it is a product of compromises, which should apparently be shown by both sides during a mediated effort, including with the participation of our country, if both sides want," he said.

The Russian leader claims early prerequisites for the demarcation and delimitation of the Armenian-Azerbaijani border have been found.

"Demarcation and delimitation of borders is a most important question. <…> Indeed, we discussed it a lot today, and there have been certain prerequisites, [showing] that the path in general has been found," Putin said.