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 hosted the leaders of Armenia and Azerbaijan at the White House on Friday, where they finalized a peace agreement that would grant the United States exclusive development access to a critical transit corridor in the South Caucasus,

Residents and politicians in Armenia and Azerbaijan responded Saturday with cautious hope — and skepticism in some cases — after their leaders signed a US-brokered agreement at the White House aimed at ending decades of hostilities.