Politics

South Caucasus holds untapped potential as regional logistics hub – Deputy FM

3 minute read

South Caucasus holds untapped potential as regional logistics hub – Deputy FM

Armenian Deputy Foreign Minister Robert Abisoghomonyan met in New York with Thomas Tödtling, the Executive Director at the New York Office of Konrad Adenauer Foundation (KAS), and Adam Lupel, Executive Director of Coalition for the UN We Need (C4UN).

The Deputy FM presented the latest regional developments, emphasizing the importance of further consolidating and institutionalizing the recently established peace in the South Caucasus, according to a readout from the foreign ministry. 

The Deputy Minister of Foreign Affairs highlighted the key significance of the agreements reached in Washington on August 8, aimed at expanding political dialogue in the region as well as promoting trade, economic ties, and investment.

In this context, the unblocking of transport communications in the South Caucasus was also emphasized, based on full respect for the sovereignty, territorial integrity, and jurisdiction of the stakeholder countries.

The Deputy Minister noted that the South Caucasus has untapped potential to be transformed into an efficient and safe logistics hub, the implementation of which could enhance the region’s role in the development of interconnected networks. In this regard, Deputy FM Abisoghomonyan stressed the vital importance of the Armenian government’s “Crossroads of Peace” project and its key component, the TRIPP project.

During the meeting, the Deputy Minister also responded to the questions raised by Thomas Tödtling and Adam Lupel, addressing a wide range of international and regional issues.

The Trump Route for International Peace and Prosperity (TRIPP) is a connectivity project in Armenia, envisaged under the U.S.-brokered Armenian-Azerbaijani joint declaration signed in Washington, D.C. The project is expected to unlock strategic economic opportunities, create long-term benefits by promoting infrastructure investment, and enhance regional connectivity. TRIPP is part of the Crossroads of Peace project, and an Armenian-American joint enterprise is expected to develop the route.


 

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