{"id":4264,"date":"2026-07-17T18:00:00","date_gmt":"2026-07-17T15:00:00","guid":{"rendered":"https:\/\/mikhailinvest.com\/trump-backed-trade-corridor-moves-closer-to-reality-in-armenia\/"},"modified":"2026-07-17T18:00:00","modified_gmt":"2026-07-17T15:00:00","slug":"trump-backed-trade-corridor-moves-closer-to-reality-in-armenia","status":"publish","type":"post","link":"https:\/\/mikhailinvest.com\/ru\/trump-backed-trade-corridor-moves-closer-to-reality-in-armenia\/","title":{"rendered":"Trump-Backed Trade Corridor Moves Closer to Reality in Armenia"},"content":{"rendered":"

The Armenian government\u00a0approved a bill<\/a> on July 16 to formalize the country\u2019s role in the development of the Trump Route for International Peace and Prosperity, or TRIPP, which is envisioned as a key node in the emerging Middle Corridor trade network.<\/p>\n

The bill affirms the development guidelines specified in a\u00a0framework agreement<\/a> signed by US and Armenian officials covering TRIPP, including operational and ownership structures. The United States is envisioned as holding a 74 percent stake in TRIPP, with the Armenian government retaining the remainder.<\/p>\n

Prior to the cabinet vote, Armenian Foreign Minister Ararat Mirzoyan\u00a0\u043f\u043e\u044f\u0441\u043d\u0438\u043b<\/a>\u00a0the bill\u2019s provisions and outlined the Armenian state\u2019s responsibilities for ensuring implementation of the framework agreement. He emphasized that the bill contained no new provisions and was consistent with the US-Armenian framework agreement signed in January, along with the provisional Armenian-Azerbaijani peace deal, signed at the White House in August 2025. TRIPP is considered the centerpiece of the peace deal.<\/p>\n

The government bill will now undergo legal review by Armenia\u2019s Constitutional Court. Provided it wins court approval, the bill will go to parliament for a vote.<\/p>\n

A freshly created entity, the TRIPP Development Co., will have a 49-year lease to build and operate the transit route. Mirzoyan noted that before construction can start, two additional agreements will have to be negotiated and signed \u2013 a\u00a0shareholders\u2019 agreement and a TRIPP Development Co. charter.<\/p>\n

Meanwhile, the US State Department named Konstantin Sokolov, a Chicago-based private equity investor, to head a $200 million US government enterprise fund designed to promote the Middle Corridor trade network\u2019s development, including TRIPP.<\/p>\n

According to a report published by the Guardian, Sokolov \u2013 who was born in St. Petersburg, Russia, and emigrated to the United States in the early 1990s \u2013 was among the large-scale donors to Trump\u2019s project to build a ballroom occupying the East Wing of the White House. The Guardian\u00a0\u043e\u0442\u0447\u0435\u0442<\/a>\u00a0noted that many ballroom donors have subsequently received government advisory roles or official appointments.<\/p>\n

\u041a \u0415\u0432\u0440\u0430\u0437\u0438\u0430\u0441\u0435\u0442<\/a><\/p>\n

\u0414\u0440\u0443\u0433\u0438\u0435 \u043b\u0443\u0447\u0448\u0438\u0435 \u0441\u0442\u0430\u0442\u044c\u0438 \u0441 \u0441\u0430\u0439\u0442\u0430 Oilprice.com<\/strong><\/p>\n