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Political 12:2902 Jul, 2026

You will soon receive an additional €18 million to help strengthen and diversify your trade, EU’s von der Leyen tells Armenia’s Pashinyan in Yerevan

European Commission President von der Leyen held a press briefing with Armenian Prime Minister Pashinyan after their meeting held in Yerevan on July 2, 2026. In her speech the President said:  
 
It is great to be back in Yerevan so soon. First of all, I want to congratulate you on your electoral victory. These elections have shown, once again, the strength of Armenia's democracy. The spirit of the Velvet Revolution which you led in 2018 is alive and well. Armenia is carrying on the path of democracy, reform, peace, and of a closer partnership with Europe. And I am here to tell you: you can count on us.
 
While Armenia is coming closer to the EU, the South Caucasus is coming closer together. The initialling of the peace agreement last year was a history-making moment. The most consequential step this region has taken in decades. The same goes for the continued normalisation of relations with Türkiye. These decisions required political courage and leadership. And I know their rewards will be immense. Opening borders will transform Armenia's economic future. And it will anchor Armenia at the heart of one of the world's most strategic crossroads. We will stand by you to turn this vision into reality.
 
This is why I announced a new €200 million Global Gateway package for peace through connectivity. With our financial partners, we aim to mobilise up to €2 billion for strategic transport, energy, and digital projects all across the South Caucasus. In Armenia, it could support projects currently under preparation, including border crossing points, and road infrastructure.
 
So, we are building real, physical infrastructure for peace. And at the same time, we are building bridges between people. Therefore, I also announced a €20 million peace-fostering programme. It is aimed at communities living along the borders. We want to support the local economy – the small businesses, the micro businesses – or for example new farming techniques, water management, etcetera. We want to improve everyday lives. And we want to create new opportunities for dialogue between the communities. Our package will help people experience the tangible benefits of peace. So that peace takes root in the hearts and minds of this generation – and the next.
 
Turning now to the situation in your country. I know Armenia is still facing significant economic pressure from Russia. Nothing short of economic coercion, actually. But rest assured: when pressure mounts on our partners, the EU steps up. And I have some announcements here too. First, you will soon receive an additional €18 million to help strengthen and diversify your trade. The funding can, for example, help establish an export promotion agency and boost the export capacity of Armenian businesses. These €18 million are the final part of the €52 million support package we discussed in our phone call in early June. Second, we are going a step further: we are presenting a proposal for Autonomous Trade Measures. They will liberalise almost 80% of Armenian exports to the EU. That means 80% of your trade with us will now be tariff-free. With this, we can re-route products that currently still rely heavily on the Russian market and send them to the European Union Single Market of 450 million consumers. So, this measure will open the European doors to almost 99% of Armenia's fresh fruits, vegetables, and plants that used to be exported to Russia. And it will open the door of the European Union Single Market to more than 90% of your exports of beverages and spirits. In fact, over the past month, we have seen more and more Armenian flowers arriving on our market. I think this is a beautiful symbol of a new chapter in our economic partnership. And this is only the beginning. With these new measures in place, you will have the means to diversify – and to diversify fast. In mid-July, we will deploy experts to Armenia to work directly with your producers, your businesses, and your exporters and help them seize all the opportunities that a privileged partnership with the EU can offer.
 
Prime Minister, dear Nikol,
 
On 7 June, the people of Armenia spoke clearly. They chose democracy. The rule of law. They chose reform and peace. They chose an open, welcoming, and inclusive society. And they chose to partner with the European Union. And together, we must now turn their aspirations into results.
 
You can count on us. Thank you very much.
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