At Thursday’s special session of the National Assembly of Armenia, MPs passed in first reading the package of bills on addenda to the law on joint stock companies and amendments to the related laws.

A total of 64 lawmakers voted unanimously in favor of this legislative initiative.

But the parliamentary opposition—the “Strong Armenia” and “Armenia” factions—did not participate in the session and vote.

As reported earlier, the Armenian government has linked the need to convene the aforesaid special parliamentary session to the framework agreement on strategic cooperation between Armenia and the US with respect to the implementation of the Trump Route for International Peace and Prosperity (TRIPP) regional transport project.

According to the explanation, after ratification, work on creating a company intended for the implementation of TRIPP will begin. It is necessary to make a number of legislative amendments to implement them in accordance with the framework agreement.