THE POSSIBILITIES AND SOCIO-ECONOMIC RISKS ASSESSMENT FOR IMPLEMENTATION OF “TRIPP”
Sofi TSHUGHURYAN
American University of Armenia, researcher
sofi.juguryann@gmail.com
Lianna MELIQYAN
Armenian State University of Economcs, researcher
liannameliqyan2005@gmail.com
Abstract
New regional routes form a latest toolkit for the interaction of forces and the restructuring of economic ties. In this context, the TRIPP (Transport Route for International Peace and Prosperity) initiative is key, the main goal of which is the integration of Armenia’s transport system into Eurasian logistics networks. The possibility of railway connections in the Nakhichevan direction is also being used here. Due to the lack of sea access and being in conditions of regional cooperative blockade for quite some time, Armenia has low export competitiveness and transit opportunities that do not have a wide scope. In such conditions, it can be noted that the TRIPP road junction will bring great opportunities for economic activity to Armenia and reduce isolation in the region. At the same time, it carries significant economic and competitive risks.

