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 Live: U.S., Armenia Sign TRIPP Framework Agreement

U.S. Secretary of State Marc Rubio arrived in Armenia today and met with Armenian Foreign Minister Ararat Mirzoyan at Yerevan's Zvartnots Airport.

The two signed a TRIPP framework agreement that gives the U.S. a 74% controlling ownership stake in the TRIPP Development Company (TDC). Additionally, Armenia shall grant to the TDC, for an initial term of 49 years, exclusive land use rights, development rights, related permissions, and all other rights related to TRIPP. They also signed a framework ⁠agreement on critical minerals.

See full text of agreement HERE.

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