Kostanyan: Armenia to register joint company with US for ‘Trump Route’ project

Some elements of the Trump Route project (Zangazur Corridor, TRIPP) have already been agreed upon and a joint Armenian-American company will be established in Armenia to implement it, Armenian Deputy Foreign Minister Vahan Kostanyan said in an interview with IRNA, Report informs.

“Regarding Tehran’s concerns about this agreement and the role of the United States, I must say this has been one of the main topics of our discussions yesterday and today.

I have come here with the message that Armenia has taken Iran’s considerations into account and that these sensitivities were factored into the preliminary negotiations about the connectivity project known as the ‘Trump’ project.

Some details of this project have already been determined and agreed upon, which I have shared with the Iranian side, and I am ready to announce them publicly as well.

It is planned that a company will be registered in Armenia, with shares divided between Armenia and the United States, but this does not mean a US security presence in the region. We understand that this has been one of the key concerns of the Iranian side, and I believe this concern has been addressed.

For us, the uninterrupted and obstacle-free functioning of the Iran–Armenia border and its crossings for the movement of goods and passengers is of strategic importance, and we do not expect any obstacles in this regard.

The opening of communication routes, including three new projects, will be carried out on the basis of the sovereignty and jurisdiction of countries, which in itself is another guarantee,” Kostanyan noted.