YEREVAN (RIA Novosti)-Armenia's Foreign Minister denied Friday that a new formula for rapprochement between Armenia and Turkey was being discussed between the two sides.

A leading member of Turkey's ruling Justice and Development Party (AKP) on Wednesday alleged that Yerevan and Ankara had agreed to stay "silent for some time" and evaluate a new, "brilliant" idea on the table regarding Turkey-Armenia relations.

"There is something new on the table. I cannot go into detail, but there is a brilliant proposal on Turkey-Armenia relations and it is up to the Armenians to accept or reject this," AKP foreign relations deputy chairman Suat Kiniklioglu said, speaking at an event hosted by a think-tank in Washington.

Nalbandian on Friday dismissed the Kiniklioglu's remarks as "false information." Speaking at a press conference in Yerevan, he described the reports as a "downright lie" and said there was "no need to comment on false reports."

Relations between Armenia and Turkey took a major step forward on October 10, 2009 when Nalbandian and Turkish Foreign Minister Ahmet Davutoglu signed protocols to establish diplomatic relations and open borders.

The documents, signed in Switzerland, have to be ratified by both countries to come into force. But in April 2010 Armenian President Serzh Sarkisian announced a hold on the ratification process, citing Turkey's preconditions for rapprochement.

The Armenian-Turkish border has been closed since 1993 when Ankara initiated a blockade in solidarity with Azerbaijan.