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.

Armenia and Azerbaijan leaders outline plans for TRIPP corridor trade route and economic cooperation following U.S.-mediated framework agreement.