State Department: Baku and Yerevan's agreements with Washington to unlock potential of South Caucasus

Agreements between Azerbaijan and Armenia and the United States will unlock significant potential in the South Caucasus, US State Department Spokesperson Tammy Bruce said at a regular briefing, Report informs.

According to her, this will also open up new opportunities for Americans and American companies.

"Also, further, the declaration of peace between Armenia and Azerbaijan has reaffirmed that President Trump is indeed the president of peace. Last week, he hosted the leaders of Armenia and Azerbaijan at the White House, where they signed a historic joint declaration for peace after decades of bitter conflict and too many lives lost – a landmark achievement for international diplomacy and an end to violence that only President Trump could deliver. The two leaders also signed bilateral economic agreements with the United States, unlocking the great potential of the South Caucasus region in trade, transit, energy, infrastructure, and technology; and creating new opportunities for the American people and American businesses," she added.

On August 8, in Washington, the leaders of Azerbaijan and the United States signed a Memorandum of Understanding between the governments of the two countries on the establishment of a Strategic Working Group to prepare the Charter on Strategic Partnership between the Republic of Azerbaijan and the United States of America.

In addition, Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan, with the participation of US President Donald Trump, signed a Joint Declaration on the results of the meeting of the two leaders in Washington.