ArmInfo. A U.S. delegation led by Ambassador Ann Marie Yastishock, Senior Advisor for the Department of State's Bureau of Economics, Energy and Business Affairs, met with Armenian Deputy Prime Minister Mher Grigoryan to advance the "Trump Route for International Peace and Prosperity" (TRIPP), the U.S. Embassy in Armenia reports.
The delegation-including representatives from U.S. International Development Finance Corporation-made significant progress on operational and legal aspects of TRIPP, a key achievement from the August 8, 2025 Washington Peace Summit. Deputy PM Grigoryan also highlighted Armenia's "Crossroads of Peace" initiative, emphasizing the potential for unlocking regional communications and fostering connectivity.
"Together, we're building infrastructure for a more prosperous future," the report reads.
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.
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