Dichiarazione congiunta sulla pubblicazione del quadro di attuazione Armenia-USA per la via Trump per la pace e la prosperità internazionali (TRIPP)

The key takeaways:

1) The U.S. gets 74% of ownership/revenue for 49 years. The project is expected to be renewed for 50 years and the U.S. ownership will dilute to 51% during that period, giving the U.S. a controlling stake for 99 years.

2) Armenia is expected to contribute “Cash investments as determined appropriate”, so the U.S. likely won’t be funding the whole thing.

3) The TRIPP company will have *exclusive* rights to: Plan, design, develop, construct, operate, and maintain multimodal transit infrastructure **within designated transit routes**”

This seems to imply that any North-South infrastructure would not be allowed anywhere that overlaps the same territory.

I’m not a legal expert, but I asked ChatGPT to review the agreement and say whether North-South projects were still possible and it said not without the consent of the TRIPP company, meaning the U.S. can veto it for 99 years.

Overall this deal looks like a pile of shit to me. I don’t see what we’re getting that’s worth 74% of revenue and de facto loss of sovereignty for 99 years. We didn’t even get real security guarantees. This looks more like a classic mafia protection racket scheme than a strategic partnership. It’s typical Trump “art of the deal” bullshit.