Peace between Armenia and Azerbaijan and closer regional cooperation are creating new opportunities for the South Caucasus, particularly in logistics and international transportation, Armenian Prime Minister Nikol Pashinyan said, Report informs.
Speaking at the "Future of Europe" summit organized by Euronews in Brussels, Pashinyan said the Washington agreements on a peaceful resolution of the conflict between Yerevan and Baku had already taken on practical substance.
He said the priority now was to establish an institutional framework for those agreements, stressing the importance of signing and ratifying the peace treaty initialed by the two countries' foreign ministers in Washington on August 8, 2025.
Pashinyan described the South Caucasus as a single region whose shared interests could support a common approach and development strategy despite differences.
"We have already established very good cooperation with Georgia. Our relations have traditionally been close and friendly. We are now also building relations with Azerbaijan, with which we have bilateral trade ties. We now intend to implement the TRIPP project, which will open new opportunities for developing regional infrastructure connections," he said.
According to Pashinyan, peace between Armenia and Azerbaijan, the implementation of TRIPP and cooperation among Georgia, Armenia and Azerbaijan, particularly in logistics, could help address the global supply chain crisis.
"This entire process will allow the South Caucasus to take on a completely new position on the international stage," he said.
Pashinyan also highlighted Central Asia's proximity and the region's growing global significance. He said the emergence of a new international trade route would be important for the European Union, China, the Middle East, North Africa and other regions.