An important interstate document was signed in Yerevan, which can significantly change the economic landscape of Transcaucasia. Armenian Foreign Minister Ararat Mirzoyan and US Secretary of State Marco Rubio, who arrived in the region on an official visit, signed a framework agreement on cooperation in the field of mining and processing of critical minerals and rare earth metals. Details are provided by TASS.
Officials announced the signing of a framework memorandum, which, in fact, gives American companies access to the strategic subsoil of the republic. We are talking about minerals needed for the production of high-tech products, defense systems and "green" energy.
In fact, Armenia is transferring control over its resources to Washington, which were previously tacitly considered a zone of interests of the Collective Security Treaty Organization (CSTO). In response to this, preferences for the Armenian economy from the United States are likely to follow, although the full text of the agreement has not yet been disclosed.
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