50 million euro support package for Armenia. Declaration of Ursula von der Leyen

The President of the European Commission, Ursula von der Leyen, announced that she is going to provide Armenia with an immediate support package of more than 50 million euros against the background of Russia’s restrictions on the import of Armenian agricultural products.

He informed about this after his telephone conversation with Prime Minister Pashinyan.

“Today I spoke with Prime Minister Nikol Pashinyan to discuss the restrictions recently applied by Russia to Armenia. This is nothing but economic coercion, and it is unacceptable. Extending the restrictions on the export of Armenian products, Moscow uses economic relations as a tool of political pressure. We know this way of working very well. That is why Europe firmly supports Armenia.

We are preparing a package of EU support measures. It includes immediate financial assistance of more than 50 million euros. Trade facilitation measures are also planned for a number of Armenian products, in particular, products of the agro-food sector,” he said.

Von der Leyen added that the EU will continue to strengthen ties between European and Armenian businesses within the framework of the agreements reached at the recent summit in Yerevan.

According to him, the further promotion of these initiatives will be discussed during the ministerial meeting of the platform on interconnection issues, which is scheduled for June 23.

“In order to ensure effective coordination in all these directions, we have agreed to create a joint EU-Armenia working group. That body will monitor the implementation of all these initiatives, as well as any additional measures planned in the future,” he added.

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