European Commission provides €34 million in urgent support to Armenia in line with president von der Leyen’s announcement

Today, the European Commission allocated €34 million to Armenia to mitigate the impact of Russia’s trade restrictions on the private sector. Just two weeks after the phone conversation between President von der Leyen and Prime Minister Pashinyan, the EU is already delivering on its commitments to support Armenia and its people. This was reported by the EU Delegation to Armenia.

This financial assistance constitutes the first tranche of the comprehensive support package announced by President von der Leyen, which includes trade facilitation and solidarity measures aimed at strengthening Armenia’s economic resilience.

Building on the agreements reached during the EU–Armenia Summit held last month, the EU and Armenia will continue close cooperation by deepening business ties and expanding market access for Armenian producers. Sectors affected by the trade restrictions, including agri-food production, floriculture, and other export-oriented industries, will receive additional support through trade promotion initiatives, business matchmaking activities, and targeted programs designed to improve market access.

The EU–Armenia Economic Resilience Task Force continues to meet regularly to guide and monitor the implementation of these measures.

European Commissioner for Enlargement, Marta Kos, stated:

“The European Union stands firmly with Armenia as a sovereign, democratic, and independent country. We are providing not only financial support but also helping Armenia facilitate trade with its neighbors and with Europe. This is a practical expression of European solidarity toward one of our closest partners.”

On July 5, Commissioner Kos will visit Armenia to discuss and advance further practical steps within the framework of cooperation with the country.