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Head of US-based TRIPP+ foundation holds talks in Armenia: Key takeaways
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Jamnews in English
TRIPP+ Foundation chief visits YerevanKonstantin Sokolov, head of the TRIPP+ foundation, is visiting Armenia.
TRIPP+ funding earmarked for projects in ArmeniaAccording to the official US government spending database, USAspending.gov, the US State Department has doubled funding for the TRIPP+ Foundation.
The two sides must also finalise two additional documents:a shareholders’ agreement;the charter of the joint Armenian-US company, TRIPP Development Company.
Foreign Minister Ararat Mirzoyan said TRIPP+ would have an indirect relationship with the TRIPP Development Company, which Armenia will establish.
The United States created the TRIPP+ company under TRIPP Development Company-USA, and it will take responsibility for attracting investment to finance the programme.