BAKU, Azerbaijan, January 15. Agreements
reached under the Trump Route for International Peace and
Prosperity (TRIPP) project must first be recognized de jure,
Armenian Prime Minister Nikol Pashinyan said during a Cabinet
meeting, Trend
reports.


“On the other hand, a large volume of practical work awaits us.
We must take the steps arising from yesterday’s statement as soon
as possible. First and foremost, they must be adopted as de jure
agreements. We will begin work on the necessary draft agreements
and legal decisions. In particular, a company called TRIPP should
be established in Armenia,” Pashinyan said.


He added that routes, roads, construction rights, land use,
infrastructure development, and permit issues under TRIPP must also
be defined.


“I believe we must start preparatory work from today. From now
on, we need to review all processes so that everything is carried
out properly and within established timelines,” Pashinyan
emphasized.


On January 14, Armenia’s Ministry of Foreign Affairs published
the agreement signed between Armenia and the United States on
implementing the TRIPP project. Armenian Foreign Minister Ararat
Mirzoyan and U.S. Secretary of State Marco Rubio met in Washington,
where they presented a framework program for the execution of the
TRIPP project. The published document was hailed as a significant
step toward fulfilling commitments made at the White House on
August 8, 2025, to support the establishment of sustainable peace
in the South Caucasus.


In their joint statement, Mirzoyan and Rubio emphasized
Armenia’s intention to approve and support the creation of the
TRIPP Development Company, which will be tasked with overseeing the
development of the TRIPP project. The company will be granted the
right to implement the project for an initial term of 49 years.
Under the terms, Yerevan plans to offer Washington a 74% stake in
the TRIPP Development Company while retaining 26%.


On August 8, 2025, in Washington, President of the Republic of
Azerbaijan Ilham Aliyev, U.S. President Donald Trump, and Armenian
Prime Minister Nikol Pashinyan signed a joint declaration.


During the meeting, Foreign Minister of the Republic of
Azerbaijan Jeyhun Bayramov and Foreign Minister of the Republic of
Armenia Ararat Mirzoyan initialed the draft “Agreement on the
Establishment of Peace and Interstate Relations between the
Republic of Azerbaijan and the Republic of Armenia.”


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