Tuesday, October 27 2026 17:50
Marianna Mkrtchyan

Samvel Karapetyan commented on the Armenian parliament`s ratification of TRIPP

Samvel Karapetyan commented on the Armenian parliament`s ratification of TRIPP

ArmInfo. The leader of the "Strong Armenia" bloc, businessman Samvel Karapetyan, believes that Armenia's ratification of the Trump Route for International Peace and Prosperity (TRIPP) project without concluding a peace agreement with Azerbaijan poses serious risks.

In a conversation with journalists outside the Anti-Corruption Court in Yerevan on October 27, in response to a question about the risks inherent in the Armenian parliament's ratification of this document, given that the legislature began discussing the issue today, he responded that they pose very significant risks. "For example, they could open TRIPP as a corridor and then say goodbye to us." "And the threats that exist today will continue to exist for us," he added.

As a reminder, on August 8, 2025, Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev signed a seven-point joint "Declaration of Peace" in Washington. It provides for a joint appeal to the Organization for Security and Cooperation in Europe (OSCE) to terminate the OSCE Minsk Process and related structures, as well as the creation of a transport corridor through Armenian territory that will connect Azerbaijan with its Nakhichevan exclave, surrounded by Armenia, Turkey, and Iran. And on January 14, 2026, the Armenian Foreign Ministry published the framework document signed with the American side in Washington for the implementation of the Trump Roadmap for International Peace and Prosperity (TRIPP). The 12-page document presents the project's main goals and the mechanisms for its operation. Among other things, the document emphasizes that Armenia intends to authorize and support the establishment of the TRIPP Development Company. The company is expected to be responsible for the development of the TRIPP project, receiving an initial development right for a period of 49 years. Armenia intends to offer the United States a 74% stake in the TRIPP Development Company, while retaining 26%. This partnership is expected to be extended for an additional 50 years, with an additional ownership stake granted to the Armenian government, bringing its stake to 49%.

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