The Board of Directors of the US International Development Finance Corporation has approved a number of new strategic investments, including the establishment of the TRIPP Development Company, reports the United States Embassy in Armenia.
“According to the International Development Finance Corporation, the company will support the implementation of key infrastructure projects, including railways, roads, pipelines, fiber optic networks, etc.,” the statement said.
Today, the Armenian Foreign Ministry reported that the RA-US agreement on TRIPP was signed.
The framework agreement on strategic cooperation between Armenia and the USA regarding the Trump Path for International Peace and Prosperity (TRIPP) project was initialed on May 26 by US Secretary of State Marco Rubio and RA Foreign Minister Ararat Mirzoyan.