Prime Minister Nikol Pashinyan stated during the “Crossroads of Peace: Developing Regional Connectivity” conference that the first step in implementing the TRIPP project is the creation of a regulatory legal framework, work on which is already underway, according to Azatutyun.
He noted that two scenarios are under discussion for granting construction rights—either 49 years or 99 years. “If we say we’re giving the land for 5 years, no one will invest. It’s unrealistic to recover investments within that time frame,” he explained.
According to Pashinyan, the first stage of establishing the legal basis began with the Washington Declaration, which outlined the general framework.
The next phase will involve the creation of a joint legal entity between Armenia and the United States, registered as a company managed by a board of directors, with both countries represented. Armenia will hold decisive voting power on strategic matters, the Prime Minister assured.
Responding to questions about whether any Armenian state body would face legal restrictions on the land areas included in the TRIPP route, Pashinyan said no such restrictions will exist under Armenian law.
He emphasized that the land will remain the property of the Republic of Armenia, and any infrastructure built on it will transfer to the Armenian state after the construction rights expire.
In Washington, Armenian, Azerbaijani, and U.S. leaders—Nikol Pashinyan, Ilham Aliyev, and Donald Trump—officially agreed to launch the “Trump Route.” The corridor is intended to provide Azerbaijan access to Nakhichevan, while fully respecting Armenia’s sovereignty. Trump said U.S. companies are eager to invest, and that the project could be extended beyond the initial 99-year term, offering economic benefits to all three countries.
On September 11, Pashinyan clarified that Armenia has not leased the land to the U.S. for 99 years but has instead granted a construction right.
