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.

U.S. officials said the agreement was hammered out during repeated visits to the region and would provide a basis for working toward a full normalization between the countries.