Regional cooperation and integration · 15 mentions in this passage
End of quote. The implementation of the TRIPP project is thus becoming reality with tangible steps. The Framework Agreement on Strategic Cooperation on the Trump Route for International Peace and Prosperity Project signed between Armenia and the United States of America, will soon be ratified by the National Assembly of the Republic of Armenia. We are currently working with the United States Government to establish the TRIPP Development Company and to sign a shareholders agreement. Accordingly, Armenia will initially have a 26% stake in the TRIPP Development Company, and the United States will have a 74% stake. The agreement provides that in the event of its extension, in the 50th year, the Republic of Armenia's share will become 49% without additional investment. One of the practical expressions of the TRIPP project will be the implementation of paragraph three of the Peace Declaration adopted by me and the President of Azerbaijan on August 8th, 2025, and signed by the United States President as a witness. Paragraph three of that declaration reads, quote, we reaffirmed the importance of the opening of communications between the two countries, meaning Armenia and Azerbaijan for intra-state, bilateral and international transportation for the promotion of peace, stability and prosperity in the region and its neighborhood on the basis of respect for the sovereignty, territorial integrity and the jurisdiction of states. These efforts are to include unimpeded connectivity between the main part of the Republic of Azerbaijan and its Nakhchivan Autonomous Republic, through the territory of the Republic of Armenia, with reciprocal benefits for international and intrastate connectivity for the Republic of Armenia. End of quote. The implementation of the TRIPP project will be of historic importance for the Republic of Armenia. For the first time since the early 90s, Armenia will get railway connection with Azerbaijan and thus also with Russia, Central Asia and China. However, it should be emphasized that after the peace summit on August 8th, 2025, Azerbaijan opened its railway to Armenia and now we have a railway connection with Azerbaijan via the territory of Georgia. The implementation of the TRIPP project will create a direct railway connection between Armenia and Azerbaijan, as well as a railway connection from Azerbaijan to Azerbaijan via the territory of Armenia and from Armenia to Armenia via the territory of Azerbaijan. Because Armenia does not have a railway connection between its northern and southern regions, and in practice this is possible only via the territory of the Nakhchivan Autonomous Republic of the Republic of Azerbaijan. While Azerbaijan does not have a railway connection with its Nakhchivan Autonomous Republic, and this is in practice possible only via the territory of Armenia. In the near future, we will restore the railway sections of Meghri and Yeraskh in the Republic of Armenia, which existed during the Soviet Union and were later destroyed, and the railway connections I mentioned will be opened. But this will also have huge international significance because, in parallel with the construction of the aforementioned railways, we are waiting for the opening of the Armenia-Turkey railway. Together with the TRIPP project, this could become one of the most important events in the field of international logistics in recent decades because thus, a new railway connection will be opened between China, Central Asia, Turkey and the European Union. All this opens up another crucial opportunity for international logistics, because the restoration of the railway connection between Armenia and the Nakhchivan Autonomous Republic of the Republic of Azerbaijan restores the railway connection also between the Persian Gulf and the Black Sea. This is an important nuance because it shows why and how the implementation of the TRIPP project promises great benefits to all countries in our region. And these potential benefits can thus become a cornerstone of long-term stability and peace, especially between Armenia and Azerbaijan. After almost 35 years of conflict, we are now discussing issues of building pipelines, power lines and roads in addition to the east-west railway within the framework of the TRIPP project. And this will enable not only the Republic of Armenia, but also the entire South Caucasus to become a Crossroads of Peace.
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