Turkey's Foreign Minister Ali Babacan said on Monday the country's EU membership is a win-win procedure for Turkey and EU.

Babacan spoke to guests at opening of Turkish-Austrian Neighborhood Workshop in Ankara.

Babacan said Turkey implemented remarkable political reforms and made important steps in its EU bid, and will continue to do so. He thanked Austria for its support to Turkey's EU membership. "Both Turkey and Austria pursued a stable foreign policy in a geography full of challenges and opportunities," Babacan added.

Regarding the partnership agreement that was expected to be signed by EU and Bosnia-Herzegovina Babacan said, "Turkey has been carefully monitoring developments in Bosnia- Herzegovina and the parnetship agreement is of great importance for Turkey."

"Preserving peace and stability in Balkans is a priority for Turkey," Babacan continued adding that "Turkey highly value Kosovo and there were close ties between the two countries."

Turkish FM called for eliminating fragmentation among Palestinians for the sake of peace process, saying, "The Palestine issue was the main problem in the Middle East"

On relations with Armenia, Babacan said "Turkey is eager to normalize its relations with Armenia. It keeps open dialogue channels with the new Armenian government."