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

The US would have exclusive development rights to the corridor, which the White House said would facilitate greater exports of energy and other resources.

(Reuters) -A peace push backed by U.S. President Donald Trump leaves Azerbaijan and Armenia just one step from a final peace deal and is a paradigm shift in the strategically important South Caucasus region,