ArmInfo. US Assistant Secretary of State for European and Eurasian Affairs Brendan Hanrahan, Deputy Minister of Foreign Affairs and International Trade of Armenia Vahan Kostanyan and Deputy Minister of Foreign Affairs of Azerbaijan Elnur Mammadov announced the creation of trilateral technical planning groups to advance the Trump Route for International Peace and Prosperity multimodal transit corridor. (TRIPP).
According to the Armenian Foreign Ministry's press service, this format brings together policymakers and technical experts from the three countries to work together to promote long-term stability, economic viability, regional connectivity, and commercial prosperity in the region, reaffirming the significance of the founding declaration of the August 8, 2025, Peace Summit, facilitated by President Trump.
"United in their commitment to translate this vision into tangible progress, the parties agreed to establish the first two trilateral technical planning groups on transport and electricity transmission. The formation of these technical planning groups is an important step toward addressing complex technical issues and moving to the next stages of implementation, including ensuring interconnectivity with other regional infrastructures." "The parties reaffirmed their respective commitments to ensure the operationalization of all TRIPP components as soon as possible," the Armenian Foreign Ministry concluded.
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. 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 Route for International Peace and Prosperity" (TRIPP). The 12-page document outlines the project's main objectives and operating mechanisms. 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 developing 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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