The Armenian government approved the draft law on the ratification of the Framework Agreement on Strategic Cooperation between the Republic of Armenia and the United States of America concerning the Trump Route for International Peace and Prosperity (TRIPP) project.
Armenian Foreign Minister Ararat Mirzoyan presented the draft at the government meeting on July 16.
According to Mirzoyan, the adoption of the decision launches the agreement’s ratification process. The draft will be submitted to the Constitutional Court and, should the Court find the obligations stipulated in the agreement to be consistent with the Constitution, it will then be submitted to the National Assembly.
“With this decision, we are essentially launching the process of ratifying the Framework Agreement on Strategic Cooperation between the Republic of Armenia and the United States of America concerning the TRIPP project. Following the adoption of the decision, we will submit the draft to the Constitutional Court of the Republic of Armenia in accordance with the established procedure. Should the Constitutional Court rule that the obligations stipulated in the international treaty do not contradict the Constitution of the Republic of Armenia, we will then apply to the National Assembly in accordance with the established procedure and move the discussion of the matter to the National Assembly,” Mirzoyan said.
The minister recalled that the framework agreement was initialled in Yerevan on May 26, 2026, by himself and U.S. Secretary of State Marco Rubio, and was subsequently signed in Washington on June 1 and in Yerevan on June 4.
“To address any possible questions, let me note that this type of non-simultaneous, remote signing of agreements is provided for under international practice and the legislation of the Republic of Armenia and is an accepted practice,” Mirzoyan emphasized.
The Armenian foreign minister noted that the signing of the agreement had been preceded by two other important documents: the declaration signed on August 8, 2025, in the presence of U.S. President Donald Trump by Armenian Prime Minister Nikol Pashinyan and the President of Azerbaijan, as well as the document defining the TRIPP implementation framework, signed by the U.S. Secretary of State and the Armenian foreign minister on January 13, 2026.
The TRIPP Development Company will be granted land-use and development rights in the relevant zones for an initial period of 49 years. During that period, the United States will hold a 74% stake in the company, while Armenia will hold 26%.
At the end of the 49-year period, the cooperation may be extended for a further 50 years by mutual agreement between the parties. In that event, Armenia’s stake will increase from 26% to 49%.
