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.

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.