There is no doubt that US President Donald Trump’s recent peace initiative between Armenia and Azerbaijan was a historic accomplishment. He deserves full credit for helping to bring an end to one of the most intractable conflicts in the post-Soviet space. The forthcoming normalization between the two countries has the potential to usher in a new era of economic prosperity and stability in the South Caucasus. Long-closed transport links can be reopened and Armenia will finally be able to participate in regional infrastructure and energy projects from which it has long been excluded.

A US-brokered peace deal may reshape the South Caucasus and expand Washington’s influence, although Moscow and Tehran pose major hurdles.

There is no doubt that US President Donald Trump’s recent peace initiative between Armenia and Azerbaijan was a historic accomplishment. He deserves full credit for helping to…