Armenia expecting concrete investment programs from EU as part of  Crossroads of Peace, TRIPP Route projects - Pashinyan

ArmInfo. Armenia is expecting concrete investment programs from the EU within the  framework of the Crossroads of Peace, and TRIPP Route (The Trump  Route for International Peace and Prosperity) project, as stated by  Armenian Prime Minister Nikol Pashinyan during a briefing  on  December 4.

He also noted that relations with the EU are not limited to transport  infrastructure projects but encompass a broader context. Welcoming  the recent signing of the Strategic Partnership Agenda between  Armenia and the EU, the Prime Minister emphasized that this is an  important change and development in their bilateral relations.

He mentioned that years earlier, the EU announced ?2.6 billion in  assistance to Armenia. "If I remember correctly, ?500 million has  already been invested, including in Armenia's financial sector for  business lending," the Prime Minister noted, emphasizing that  relations with the EU will enhance.

Referring to the TRIPP Route (Trump International Route for Peace and  Prosperity) project, he noted that work is currently underway on the  documents. "And, it seems to me, we are moving forward at a good  pace. We will implement the project within the specified timeframe,"  he said. Specifically, the Prime Minister clarified that the first  phase of implementation involves the development and adoption of  legal and conceptual documents, followed by an agreement, and only  then the practical implementation of the project on the ground. "We  continue to actively work to clarify the strategic framework of the  TRIPP Route."