Language in the "peace deal" will give the U.S. exclusive rights to develop a key transit route that will be named after Trump.

The leaders of Armenia and Azerbaijan shook hands as they joined President Donald Trump at the White House on Friday for a peace summit where they signed an agreement aimed at ending decades of conflict.

President Donald Trump recently hosted Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan at the White House, where the two leaders signed a historic joint declaration for peace after decades of bitter conflict and scores of lives lost.