The TRIPP initiative aims to turn Armenia into a regional trade and transit hub, U.S. Chargé d’Affaires David Allen said at the third Global Armenian Summit, organized by Armenia’s Office of the High Commissioner for Diaspora Affairs.
According to the U.S. Embassy, Allen said the project aligns with Prime Minister Nikol Pashinyan’s Crossroads of Peace initiative while creating commercial opportunities for American companies.
“For the United States, it opens commercial opportunities for American companies and advances our strategic interest in a stable, prosperous and interconnected South Caucasus,” Allen said.
He argued that stronger trade links could reduce the likelihood of conflict between neighboring countries, adding that cross-border roads and railways carry “more than just goods; they carry trust.”
Armenia’s Crossroads of Peace initiative envisages restoring and developing transport, energy and communications links between Armenia, Turkey, Azerbaijan and Iran, with infrastructure remaining under the sovereignty and jurisdiction of the countries through which it passes.
