Verelq: An Export Support Agency will be established in Armenia. Nicole Pa

An Export Support Agency will be established in Armenia. This was announced by Prime Minister Nikol Pashinyan during the briefing following the government session on July 2, speaking about the 18 million euro support program provided by the European Union, which also provides for the creation of an Export Support Agency. 

Referring to the 18 million euro support program provided by the European Union, Prime Minister Nikol Pashinyan during the briefing, he emphasized that the executive did not wait for the provision of external financing to farmers affected by Russia’s trade restrictions and has already initiated the formation of the relevant infrastructure. “That support is being implemented. The process of forming the export support agency is underway, it will be formed in the near future,” the head of the government announced.

Earlier, the president of the European Commission announced details about the financial component of the newly created agency Ursula von der Leyenduring a joint press conference with the Prime Minister, emphasizing the importance of developing the export capabilities of Armenian business. “You will soon receive an additional €18 million to help diversify your trade. This funding can, for example, help to create an export promotion agency,” the EC president noted, adding that the amount provided is the final part of the aid package with a total cost of 52 million euros discussed in July.

Here is the Armenian translation of the text you provided.

“Rosselkhoznadzor has imposed restrictions on the import of all sub-quarantine products originating and delivered from Armenia to Russia since June 12. The transit of such goods through the territory of Russia to the member states of the Eurasian Economic Union (EEU) has also been banned.

Against the background of the applied measures, the Armenian authorities have started negotiations with the Russian side. On May 29, the RA Food Safety Inspection Body reported on the work being done to find out the reasons for the restrictions and settle the situation. Later, the Prime Minister of Armenia, Nikol Pashinyan, announced his readiness to compensate the damages of the farmers affected by the restrictions on the export of products to Russia. On June 11, RA Minister of Economy Gevorg Papoyan reported that Yerevan appealed to the Eurasian Economic Commission (EEC) due to the obstacles that arose during the export of its goods to Russia.

The restrictions are introduced against the background of ongoing disagreements between Moscow and Yerevan. Armenia continues to be a member of EAEU, but in parallel, it has taken a course towards rapprochement with the European Union. At the beginning of 2025, the authorities of the republic approved the bill on starting the European integration process.

Russia has repeatedly stated that simultaneous movement towards the EU and participation in the EAEU is impossible. In his turn, Nikol Pashinyan stated that the issue of leaving the EAEU is not on the agenda, but the final decision on the country’s foreign policy course can only be taken through a referendum.

According to the results of the EAEU summit held in Astana in May, the leaders of Russia, Belarus, Kazakhstan and Kyrgyzstan advocated holding a nationwide referendum in Armenia on the issue of choosing a course to remain in the EAEU or join the European Union.