Armenian Prime Minister Nikol Pashinyan signed the Charter of the Board of Peace alongside other world leaders in Davos, Switzerland.
Pashinyan was invited to sign the Charter as a founding member by U.S. President Donald Trump.
Trump signed the charter in conclusion to formally launch the Board of Peace, calling it a "very exciting day, long in the making".
"We're going to have peace in the world," Trump announced. "And we're all stars."
"Just one year ago the world was actually on fire, a lot of people didn't know it," Trump said in his opening speech. Yet "many good things are happening" and the threats around the world "are really calming down," the U.S. president said.
Trump took a moment to thank the leaders in attendance, including Armenia's Pashinyan, Argentinian President Javier Milei, Hungarian Premier Viktor Orbán, as well as Azerbaijani President Ilham Aliyev.
"In this group I like every single one of them," Trump said.