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 Armenia and Azerbaijan shook hands as they joined President Donald Trump at the White House on Friday for a peace summit where they signed an agreement aimed at ending decades of conflict.