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, center, shakes hands with Armenian Prime Minister Nikol Pashinyan, right, and Azerbaijan President Ilham Aliyev during a trilateral signing ceremony in the State Dining Room of the White House, Friday, Aug. 8, 2025, in Washington. (AP Photo/Mark Schiefelbein)

President Donald Trump signed a joint peace declaration with the leaders of Azerbaijan and Armenia aimed at ending decades of war and reached pacts giving the US exclusive rights to develop a transit route through the South Caucasus.