ArmInfo. US President Donald Trump has confirmed that Vice President J.D. Vance will visit Armenia. Earlier, a month ago, Suren Sargsyan, Armenian political scientist and expert on American studies, announced the vice president's upcoming visit.
On his Facebook page, the American leader stated that Vance would visit Armenia and Azerbaijan in February of this year. "I want to thank President Aliyev of Azerbaijan and Prime Minister Pashinyan of Armenia for upholding the Peace Agreement we signed last August. It was a nasty war, one of eight that I have ended, but now we have Prosperity and Peace. Vice President Vance will travel to both countries in February to build on our peace efforts, and advance the Trump Pathway to International Peace and Prosperity (TRIPP). We will strengthen our strategic partnership with Azerbaijan, a beautiful agreement for Peaceful Nuclear Cooperation with Armenia, deals for our great Semiconductor Makers, and the sale of made in the USA Defense Equipment, such as body armor and boats, more, to Azerbaijan," Trump said.
On January 14, the Armenian Foreign Ministry published the framework document signed with the American side in Washington for the implementation of the Trump Pathway to International Peace and Prosperity (TRIPP). The 12-page document outlines the project's main goals and operating mechanisms.
Among other things, the document emphasizes Armenia's intention to authorize and support the creation of the TRIPP Development Company. The company is expected to be responsible for developing the TRIPP project, receiving an initial development right for a period of 49 years. Armenia intends to offer the United States a 74% stake in the TRIPP Development Company, retaining 26%. This partnership is expected to be extended for another 50 years, with an additional ownership stake granted to the Armenian government, bringing its stake to 49%.
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