The Co-Chairs of the OSCE Minsk Group released the statement on the Nagorno-Karabakh conflict.

In light of the recent violence and the urgency of reducing tensions along the Line of Contact, we believe the time has come for the Presidents of Armenia and Azerbaijan to meet, said the statement posted on the website of OSCE.

It has been informed that Foreign Ministers are prepared to facilitate this meeting next week in Vienna.

"Their main objectives will be to reinforce the ceasefire regime, and to seek agreement on confidence-building measures that would create favorable conditions for resuming negotiations on a comprehensive settlement on the basis of elements and principles under discussion.

There can be no success in negotiations if violence continues, and there can be no peace without a negotiation process. We reiterate that there is no military solution to the conflict," stressed in the statement.