President Donald Trump hosted the leaders of Armenia and Azerbaijan at the White House on Friday, where they finalized a peace agreement that would grant the United States exclusive development access to a critical transit corridor in the South Caucasus,

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

Armenia and Azerbaijan leaders outline plans for TRIPP corridor trade route and economic cooperation following U.S.-mediated framework agreement.