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Armenia agrees to grant the U.S.
Armenia–Azerbaijan peace agreement — Armenia agrees to grant the U.S. exclusive development rights in the Zangezur corridor for 99 years. The U.S. would sublease to a consortium to develop rail, oil, gas, and fiber op
Context: Armenia–Azerbaijan peace agreement.
Armenia agrees to grant the U.S. exclusive development rights in the Zangezur corridor for 99 years. The U.S. would sublease to a consortium to develop rail, oil, gas, and fiber optic lines along the 27-mile (43km) corridor. [https://www.politico.com/news/2025/08/07/us-deal-armenia-azerbaijan-00499285 (Politico)]
Event summary via Wikipedia Current Events (2025-08-08).