Turkey on Saturday welcomed a peace accord between Azerbaijan and Armenia and said it hoped a planned strategic transit corridor, which could boost exports of energy and other resources through 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.

Armenia said it would give the U.S. exclusive development rights to a transit corridor through its territory, which will be named the Trump Route for International Peace and Prosperity.