US doubles TRIPP+ trade fund increasing from $201 million to $402 million

The US authorities have doubled the funding allocated to the TRIPP+ fund, increasing it from $201 million to $402 million, according to the US government’s public spending website.

The first grant, worth $201 million, was allocated on January 30 this year, while the second was approved on July 16.

According to the US government website, Armenia is listed as the location where the grant will be implemented, and the funds are to be used over the next ten years, through December 2036.