The European Union will provide Armenia with more than €50 million in immediate financial assistance in response to Russian economic restrictions, helping Armenian products access European markets and supporting the reopening of regional infrastructure.
According to information published on the European Commission’s official website, European Commission President Ursula von der Leyen discussed the issue during a telephone conversation with Armenian Prime Minister Nikol Pashinyan and described Moscow’s restrictions on Armenian goods as unacceptable.
“This is economic coercion, and it is unacceptable. Europe stands firmly with Armenia,” von der Leyen wrote on X.
The European Commission stated that, in response to Russian restrictions, the EU is launching a new support package aimed at mitigating the export crisis facing Armenia’s agricultural sector. As an initial practical step, a shipment of 10,000 Armenian flowers is expected to arrive in Latvia tomorrow, with additional deliveries to follow.
The statement noted that the EU views Armenia as an increasingly important partner in European trade. Since 2024, funding provided under the “Resilience and Growth Plan” has supported approximately 7,000 businesses and contributed to the creation of more than 20,000 jobs.
The implementation of the “Connectivity Partnership” initiative, agreed upon at the Armenia-EU summit, remains a key long-term priority.
In addition to economic resilience, the European Union has emphasized the importance of regional connectivity. The reopening of trade and railway routes through Turkey and Georgia is viewed as a significant step that could transform Armenia into a strategic hub linking Europe, the South Caucasus, and Central Asia.
Issues related to infrastructure modernization and border crossing upgrades are expected to be discussed at the Connectivity Platform ministerial meeting scheduled for June 23.
A joint EU-Armenia working group will also be established to oversee the implementation of financial assistance programs and development initiatives.
Separately, Armenia’s government approved a plan on June 4 to provide approximately 2 billion drams in compensation to exporters of fresh fruits, vegetables, flowers, and greenhouse products affected by Russian trade restrictions. The assistance program is intended to help businesses diversify export markets.
Support will be available for exports to the European Union, the United Kingdom, and Canada.
