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Civil Contract faction MP Artur Hovhannisyan has said that the Trump Route for International Peace and Prosperity (TRIPP) project will be implemented exclusively in Armenia and will not extend to Azerbaijan.
Hovhannisyan made the statement during a press briefing summarizing the four-day session of parliament, responding to a question about why the principle of reciprocity in the movement of people and goods between Armenia and Azerbaijan would not apply under the implementation of TRIPP.
“TRIPP is an agreement signed between Armenia and the United States. TRIPP will not be implemented in Azerbaijan; it will be implemented only in Armenia. The regulations set out in the TRIPP agreement cannot be applied in Azerbaijan, Türkiye or any other country in the world. We are talking about a road passing through the Republic of Armenia, which is what the TRIPP agreement concerns. On the other hand, we are talking about the normalization of relations between Armenia and Azerbaijan. For a considerable period of time, cargo has been transported unimpeded from Armenia through the territory of Azerbaijan, and the same is happening in the opposite direction. Our position that the regulations should be mirrored has in no way been revoked, but all of this has nothing to do with TRIPP. The TRIPP project should be distinguished from the peace agreement initialed between Armenia and Azerbaijan, in which the United States has the status of a witness. Everything will be as stipulated in the signed documents,” Hovhannisyan said.
On October 28, the Armenian parliament ratified the Framework Agreement between the Republic of Armenia and the United States of America on Strategic Cooperation Concerning the Trump Route for International Peace and Prosperity (TRIPP), with 63 votes in favor. Only lawmakers from the ruling Civil Contract faction voted in favor of ratification.
Under the agreement, a company named TRIPP Development Company will be established, with Armenia holding a 26% stake and the U.S. side holding 74%. The initial term of the agreement is 49 years. If the cooperation is extended for another 50 years by mutual consent of the parties, Armenia's stake will increase to 49%, while the U.S. side's share will be 51%.
The agreement was signed in June 2026 by Armenian Foreign Minister Ararat Mirzoyan and U.S. Secretary of State Marco Rubio.