The U.S. President Donald Trump’s administration remains committed to making the Trump Route for International Peace and Prosperity (TRIPP) a reality, a State Department spokesperson said in response to Armenpress’ request, APA reports.
“The Trump Route for International Peace and Prosperity (TRIPP) remains a top priority for the United States, with the potential to unleash peace and prosperity in the South Caucasus region and beyond. The Trump Administration remains committed to making TRIPP a reality,’’ the spokesperson noted.
The spokesperson noted that TRIPP is a multimodal transit area which will connect the main part of Azerbaijan and its Nakhchivan Autonomous Republic, fully respecting Armenian sovereignty and territorial integrity while providing reciprocal connectivity benefits for Armenia.
“It will allow unimpeded international and intrastate connectivity in the region, expanding opportunities for increased economic growth and prosperity,” the State Department spokesperson said.
“Azerbaijan will gain connectivity to Nakhchivan, while Armenia will benefit from improved regional connectivity, which will unleash the economic potential of the South Caucasus while preserving Armenia’s sovereignty, territorial integrity, and jurisdiction,” the spokesperson said.
The spokesperson also noted that Armenia is working with the United States and mutually- determined third parties to implement the TRIPP.
''To help kick-start TRIPP and related arrangements, the United States has made an initial commitment of $145 million, which will unlock regional stability and economic growth. These funds will support investments in trade, infrastructure, and cross-border security in Armenia, and increase regional connectivity,’’ the State Department spokesperson said.