The peace agreement to be signed by Azerbaijan and Armenia on Friday will be accompanied by bilateral deals on energy, technology, trade, infrastructure, border security and economic cooperation, the White House said.
U.S. President Donald Trump will host Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan at the White House on Friday for the formal signing of a peace agreement aimed at ending decades of conflict between the two neighbours. The ceremony is scheduled to begin around 2:30 p.m., according to a U.S. official.
"This isn't just about Armenia. It's not just about Azerbaijan. It's about the entire region, and they know that that region is going to be safer and more prosperous with President Trump," a senior administration official said.
"What's going to happen here with the Trump route is, this isn't charity. This is a highly investable entity," said one senior administration official, adding that at least nine companies had been in touch in recent days to discuss possible investments.
White House spokeswoman Anna Kelly confirmed that the agreement would be accompanied by a series of bilateral deals with both countries covering energy, technology, trade, infrastructure, economic cooperation and border security.
The peace deal is expected to draw international attention amid shifting alliances in the South Caucasus and growing U.S. engagement in regional diplomacy.
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Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan remarked upon progress made towards normalising relations between Baku and Yerevan in a phone call on the first anniversary of the Washington peace summit.
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