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.

The leaders of Azerbaijan and Armenia signed an agreement aimed at ending decades of conflict as they were hosted by President Donald Trump at the White House on Friday. Azerbaijan's President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan shook hands after the US president described the event as "historic".