Iran has warned its neighbor against welcoming the American military into its territory to develop a new U.S.-backed economic corridor dubbed the "Trump Bridge."

Iranian President Masoud Pezeshkian told his Armenian counterpart on Monday that Washington may pursue hegemonic goals in the Caucasus under the guise of economic investment, Iranian state media reported on Monday, after U.S. President Donald Trump brokered peace between Armenia and Azerbaijan last week.

Newsweek has reached out to the U.S. State Department and Iran's Foreign Ministry for comment.

Why It Matters

The United States, Armenia and Azerbaijan reached an agreement on Friday to end decades of conflict in the South Caucasus . The deal grants an American consortium exclusive rights to develop and control a strategi

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