Armenia and Azerbaijan have pledged to end decades of hostilities and establish lasting peace, following a White House signing event hosted by United States President Donald Trump. The leaders of both countries, Nikol Pashinyan and Ilham Aliyev, expressed gratitude for Trump's mediation and suggested he should be considered for the Nobel Peace Prize. The agreement includes commitments to cease fighting, open commerce and travel, respect each other's sovereignty, and create a transit corridor through Armenia connecting Azerbaijan to its exclave of Nakhchivan. While hailed as a historic breakthrough, details about the binding nature of the deal remain unclear, and some contentious issues, such as constitutional changes in Armenia, are yet to be resolved. The United States is set to gain strategic commercial rights in the region, and the peace deal is seen as a significant shift in regional alliances.