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 will meet the leaders of Azerbaijan and Armenia to sign a joint peace declaration aimed at ending decades of war at a White House meeting Friday, as well as pacts giving the US rights to develop a transit route through the South Caucasus.

President Trump mediated a historic peace deal between Armenia and Azerbaijan, ending a long conflict and signing economic agreements to integrate the South Caucasus with the U.S. economy.