Overview

• The accord’s published text commits both countries to end hostilities, restore trade and diplomatic ties, and respect each other’s sovereignty.
• It envisions the Trump Route for International Peace and Prosperity (TRIPP), a transit corridor through Armenia to Nakhchivan under a reported 99-year U.S. lease managed by a U.S.-appointed consortium.
• Iran has officially declared it will prevent the corridor’s creation, warning it would sever Tehran’s overland access to Armenia and destabilize the South Caucasus.
• Russia cautioned that any lasting resolution should be crafted with regional actors’ involvement rather than through an exclusively Western-led process.
• Numerous operational, legal and humanitarian details remain unresolved—including sovereignty safeguards and the fate of Karabakh Armenians displaced in 2023—ahead of imminent negotiation rounds.