Antalya: Armenia’s Deputy Foreign Minister Vahan Kostanyan revealed significant progress on the TRIPP project during a panel session titled ‘South Caucasus: On the Path to Becoming a Strategic Center’ at the Antalya Diplomacy Forum. He informed journalists that Armenia is currently focused on finalizing the financial model for the initiative.
According to Azeri-Press News Agency, Kostanyan emphasized the ongoing collaboration with American partners, stating that the implementation phase of the TRIPP project is either underway or on the verge of commencing. Following the adoption of the TRIPP Implementation Framework in January, the project has moved forward vigorously. The current efforts include discussions on the financial strategy and the organizational structure of the TRIPP company, which will be officially registered in Armenia.
Kostanyan also highlighted the active feasibility studies being conducted in cooperation with American counterparts. These studies aim to identify potential routes and determine the optimal paths for various connection lines as part of the project. The Deputy Foreign Minister’s statements underscore the dynamic and collaborative nature of the TRIPP project’s development.