America seeks to attract capital to the trade corridor between the Caucasus and Central Asia

America seeks to attract capital to the trade corridor between the Caucasus and Central Asia

The Donald Trump administration is trying to turn the agreement between Armenia and the Republic of Azerbaijan, brokered in Washington, into a regional transport corridor. This route, if implemented, could connect Central Asia and the South Caucasus to Western markets and create opportunities for American companies to invest.

Senior officials from regional countries and executives from more than 40 companies gathered in New York on Wednesday, October 1, to discuss the next steps of Trump's Path to International Peace and Prosperity, or TRIPP.

This meeting was held on the sidelines of the United Nations General Assembly in the presence of Steve Witkoff, the special envoy of the United States, Steve Daines, the Republican senator from Montana, and officials from Armenia, Azerbaijan, Georgia and five Central Asian countries.

The main challenge now is to turn this political agreement into a practical project in the field of transportation, energy and digital infrastructure. Construction has not yet begun and feasibility studies are ongoing, and it is not expected that the companies will compete for the main contracts before the end of 2026 or the beginning of 2027.

Read the full report on the Radio Farda website.