Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Yerevan, July 15 (Xinhua) — The European Union (EU) has reaffirmed its strong commitment to supporting Armenia's resilience and long-term development through substantial financial and technical assistance, according to a joint communiqué issued following a trilateral meeting in Brussels on Monday between European Council President António Costa, European Commission President Ursula von der Leyen and Armenian Prime Minister Nikol Pashinyan. The text of the document was cited by the press service of the head of the Armenian government.
EU investments in Armenia under the Global Gateway strategy are planned to reach 2.5 billion euros with the aim of stimulating inclusive growth and developing connectivity.
The €270 million EU Resilience and Growth Facility announced in April 2024 increased funding for Armenia by 50%. With €270 million in various forms, the EU continued to support Armenia’s socio-economic reform agenda, closer cooperation across sectors, and investments in energy, transport, and the private sector, the document notes.
It was also stressed that A. Costa and U. von der Leyen welcomed Armenia's ambitious reform agenda and expressed support for Armenia's sovereignty, territorial integrity and democratic transformation in the country. They welcomed the recently adopted political agreement on the text of the new EU-Armenia partnership agenda, noted with satisfaction the progress in the visa liberalization process and the adoption by Armenia of the law on the start of the EU accession process. –0–
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