Overview
- The Aug. 8, 2025 Washington summit brought Presidents Ilham Aliyev and Nikol Pashinyan together with President Donald Trump to initial a Joint Declaration intended to end decades of conflict in the South Caucasus.
- One year on, officials report the agreement has held without major incidents and that trade and transit have started, including Azerbaijani petroleum shipments to Armenia and new cargo movement through Azerbaijan.
- Work on the TRIPP corridor is advancing with Azerbaijan near completion of connecting highway and rail links and Armenian authorities conducting engineering surveys for a planned railway.
- The U.S. announced the Trans‑Caspian Enterprise Fund is operational and capitalized with $201 million in government funding to attract private investment along the Middle Corridor.
- U.S.–Azerbaijan ties have deepened through a Strategic Partnership Charter and diplomatic steps, but the peace agreement still needs formal signing and ratification and Armenian construction on TRIPP has not yet begun.