Both U.S. and Armenia have approved a joint statement on the Trump Route for International Peace and Prosperity implementation framework, known as TRIPP, following talks in Washington between Armenian Foreign Minister Ararat Mirzoyan and U.S. Secretary of State Marco Rubio on Tuesday.
U.S. officials say Washington plans to provide Yerevan with $145 million to help finance the project, in which the United States would hold a 74% stake in it.
Rubio described the project as a potential global model for promoting economic growth and prosperity in the region.
Within the framework, Armenia will involve private operators in implementing the TRIPP, also known as the Zangezur route, while the U.S. will provide technical support on customs and inspections, under the new agreement that preserves Armenia’s full sovereignty over border and customs controls.
The TRIPP is a 42 km long transit route between Azerbaijan and its exclave Nakhchivan in the south of Armenia.
Previously, U.S. President Donald Trump, Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan signed a declaration in Washington on 8 August last year, which said that Armenia would work with the U.S. to created a framework for how the project will be managed. It'll consist of motorway, railway and oil and gas infrastructure facilities.
According to Tuesday's joint statement, border management will operate under the international “front office–back office” model, with Armenian authorities retaining control over all sovereign functions. Private operators will be limited to non-sovereign roles and will work under Armenian law.
Armenia plans to launch pilot projects aimed at streamlining pre-clearance customs procedures, digitising documentation and introducing a “single checkpoint” system to facilitate trade and transit.
Private companies contracted by the TRIPP Development Company will provide services such as collecting documentation for review, offering user information and consultations, and processing payments linked to trade and transit.
Armenian officials will maintain a physical presence at all border and customs facilities.
Any private personnel involved in operational security will be required to hold licences issued in Armenia, the statement said.
The initiative is designed to strengthen regional connectivity and trade across the South Caucasus, while keeping border control and customs authority firmly under Armenian state oversight.
Here's your AnewZ Daily Brief for 6 October 2026. These are the top five things you need to know about the 2026 Nobel Prize....
U.S. President Donald Trump has said that the United States will 'help' Russia after a laboratory worker died at a plague research institut...
Türkiye and Pakistan are to deploy military personnel to Saudi Arabia, after the three countries agreed to activate their joint defence p...
Australian counterterrorism authorities are examining the links of the co-pilot accused of attacking the captain and attempting to take control of a flydubai flight bound for Israel. Authorities in New Zealand have also said they are investigating reports the suspect had spent time in that country.
Right-wing Brazilian Senator Flavio Bolsonaro will face leftist President Luiz Inacio Lula da Silva in a runoff of the presidential election later this month, after he exceeded expectations in Sunday's first-round vote with a slight lead over the incumbent.
Iran's Oil Minister Mohsen Paknejad has resigned, with Hamid Bovard, chief executive of the state-owned National Iranian Oil Company (NIOC), appointed as acting oil minister, according to Iranian state media.
U.S. President Donald Trump has said that the United States will 'help' Russia after a laboratory worker died at a plague research institute in Siberia.
Candidates elected to Bosnia and Herzegovina's three-member presidency declared victory after preliminary unofficial results showed Denis Becirovic leading the Bosniak seat, Darijana Filipovic ahead in the Croat seat and Zeljka Cvijanovic likely retaining the Serb seat.
Türkiye and Pakistan are to deploy military personnel to Saudi Arabia, after the three countries agreed to activate their joint defence pact in response to attacks by Yemen's Houthi militants.
Regional powers gathered in Moscow on Monday for talks on Afghanistan, focusing on security, economic cooperation and Kabul’s relations with its neighbours.
Four major German political foundations have halted their work in Georgia as tighter rules on foreign grants put pressure on a decades-old partnership and add to tensions between Tbilisi and its European partners.
The U.S. has deployed two additional Patriot missile batteries to the Gulf, protecting key energy facilities in Saudi Arabia and Qatar as Washington expands its military presence in the Middle East amid heightened tensions with Iran.
Iranian Foreign Minister Abbas Araghchi and his Armenian counterpart Ararat Mirzoyan held talks in Tehran on Monday on bilateral ties and efforts to strengthen peace and security in the South Caucasus.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment