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

(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, a top Azerbaijani diplomat said on Saturday.

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,