
ArmInfo. Under the State Department's Partnership for Global Infrastructure and Investment Fund, a team from the U.S. engineering consulting firm AECOM visited Armenia to initiate work on a survey of the TRIPP site.
This project will provide technical assessments and recommendations for rail and other infrastructure development to support Armenia's long-term economic growth, connectivity, and regional integration.
On January 14, the Armenian Foreign Ministry published a 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 outlines the project's main objectives and operational mechanisms.
Among other things, the document emphasizes Armenia's intention 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, retaining 26%. This partnership is expected to be extended for another 50 years, with an additional ownership stake granted to the Armenian government, bringing its stake to 49%.
As a reminder, on August 8, 2025, Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev signed a joint seven-point "Declaration of Peace" in Washington. It envisages 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 Nakhchivan exclave, surrounded by Armenia, Turkey and Iran.