Residents of Azerbaijan's capital welcomed on Saturday the results of a peace summit between Armenia and Azerbaijan hosted by U.S. President Donald Trump at the White House.

The two countries in the South Caucasus signed agreements with each other and the U.S. that will reopen key transportation routes while allowing the U.S. to seize on Russia’s declining influence in the region.

The deal includes an agreement that will create a major transit corridor to be named the Trump Route for International Peace and Prosperity, the White House said.

A Baku resident, Gunduz Aliyev, hailed the efforts by the U.S. to broker the signing of a deal between Armenia and Azerbaijan, both former Soviet republics, which also strikes a geopolitical blow to their former imperial master, Russia.

"Russia couldn’t do it, but the United States succeeded," he said.

Another Baku resident, Ali Mammadov, said the deal will bring peace and stability to the region after nearly four decades of conflict as the two nations fought for control of the Karabakh region, known internationally as Nagorno-Karabakh.