"We have very tight partner relations with the Republic of Turkey that have a very strong base in mutual economic cooperation. Our positions on many global problems coincide," Peskov told journalists in regard to possible negative implications on the construction of the Turkish Stream pipeline if Putin arrives in Yerevan for the commemoration ceremony.
"These events cannot bring anyone any harm," Peskov added.
Yerevan estimates up to 1.5 million Armenians were massacred under the Ottoman Empire's oppression during World War I in 1915.
Ankara's refusal to identify the deaths of Armenian minorities through mass executions and forced deportations as genocide has put a strain in Turkish-Armenian relations. Efforts to restore diplomatic ties were short-lived, leading to the suspension of a 2009 settlement of border disputes and the language of genocide.
Russia, meanwhile, saw significant growth in bilateral ties with Turkey in the midst of pursuing a project to supplant the scrapped South Stream pipeline. The proposed Turkish Stream is designed to supply up to 63 billion cubic meters of natural gas to European nations via the Black Sea.
Some 47 billion cubic meters are expected to be rerouted to meet Turkey's energy needs, with the Turkish Stream's first leg scheduled to be constructed in late 2016.
Turkish President Recep Tayyip Erdogan is slated to visit Moscow later this year as part of a High-Level Russian-Turkish Cooperation Council.