EN
14 July 2025 - 13:11 AMT

EU boosts support for Armenia with massive funding pledge

The European Union has pledged to invest approximately €2.5 billion in Armenia to strengthen economic ties, social development, and infrastructure. The commitment was announced following a high-level trilateral meeting in Brussels involving Armenian Prime Minister Nikol Pashinyan, European Council President António Costa, and European Commission President Ursula von der Leyen.

A joint press statement emphasized the reinforcement of EU-Armenia relations and reiterated the EU’s firm support for Armenia’s sovereignty, territorial integrity, and democratic reforms. The leaders welcomed Armenia’s ambitious reform agenda and recent legislative step initiating the EU membership process.

The joint declaration acknowledged political agreement on a new EU-Armenia partnership agenda, marking a milestone in their growing collaboration. It also highlighted progress in visa liberalization and reaffirmed the EU's dedication to Armenia's long-term development through financial and technical support.

Under the Global Gateway strategy, the EU now projects investments in Armenia to reach €2.5 billion, with aims to promote inclusive growth and regional connectivity. This includes the €270 million Resilience and Growth package announced in April 2024, which increased EU funding to Armenia by 50%. Additional grants totaling €200 million and €70 million will further support Armenia’s socio-economic reforms and investments in energy, transport, and the private sector.

The EU also confirmed its backing for Armenia’s Crossroads of Peace regional initiative and acknowledged its continuous efforts for stability in the South Caucasus, particularly through peace negotiations with Azerbaijan and steps toward normalizing relations with Turkey.

Leaders underlined the significance of Armenia’s participation in EU regional strategies, notably the Black Sea initiative, and appreciated Armenia’s collaboration in preventing sanctions evasion. Joint efforts in this direction will continue.

Security cooperation took a central role in discussions, including the launch of security and defense consultations between Armenia and the EU. Addressing concerns such as disinformation, cyber threats, and external interference, the EU proposed assessing Armenia’s needs and applying its tools to support resilience.

To strengthen Armenia’s information environment, the EU announced a new €1.5 million package to support independent media. EU leaders also welcomed Armenia’s upcoming role as host of the European Political Community Summit and the 17th Conference of the Parties to the Convention on Biological Diversity.

The meeting was described as a significant step in EU-Armenia relations, with a call for continued progress at the next partnership council this autumn.