Azerbaijan and Armenia will sign an initial U.S.-brokered peace agreement during a meeting with U.S. President Donald Trump on Friday, a deal aimed at boosting economic ties between the two countries after decades of conflict,

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

Azerbaijan and Armenia signed a U.S.-brokered peace agreement on Friday during a meeting with U.S. President Donald Trump that would boost bilateral economic ties after decades of conflict and move them toward a full normalization of their relations.