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Trump-Backed Trade Corridor Moves Closer to Reality in Armenia
OilPrice
The Armenian government approved a bill on July 16 to formalize the country’s 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.
The bill affirms the development guidelines specified in a framework agreement 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…
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