August 11, 2026
“One year after the Washington Summit. “What do we have today and what do we expect?” Sergey Melkonyan, researcher of “APRI Armenia” Research Institute, international scientist, candidate of historical sciences, noted that if only the TRIPP project is implemented and a complete lifting of the blockade does not take place in the South Caucasus, then Armenia’s profit will be approximately 23 million dollars per year.
“This is not a big number. If a general lifting of the embargo takes place in the South Caucasus, that number will increase to approximately $388 million annually. And, for example, in the case of TRIPP, Azerbaijan will receive about 230 million dollars per year, and in the case of general lifting of the embargo, 329 million dollars.
In other words, if in our case the difference is 16 times, then here it is about 1.4 times,” he elaborated, adding that only TRIPP is not enough for the South Caucasus, and Armenia needs access to the Mediterranean Sea and the Persian Gulf, in this case it is necessary to open other communications, particularly the railway, which is not yet on the agenda.
“If all the parties are interested in peace and lifting the blockade, why did we focus only on TRIPP? There are other ways in the region,” said Sergey Melkonyan, emphasizing that it is likely that only TRIPP will be implemented in the context of lifting the blockade, which will lead to the blockade of RA.
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