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TRIPP+ Fund Upped to $402 Million; Senior U.S. Officials in Yerevan
['Asbarez Staff']
Asbarez.com
The United States government has doubled the funding for the TRIPP+ Enterprise Fund, increasing it from the initial $201 million to $402 million.
To discuss developments with the TRIPP project, the U.S. dispatched Aryeh Lightstone, a top advisor to Special U.S.
Envoy Steve Witkoff and Sokolov, a Russian-born American entrepreneur who was recently appointed by the State Department as chairman of the TRIPP+ Fund.
According to a read out from the prime minister’s office, the meeting focused on discussion of the implementation of the TRIPP project.
Before being appointed to chair the TRIPP+ Fund, Sokolv already had business interests in Armenia that include a major stake in one of the country’s three mobile phone operators, VivaCell.