5 May, 21:07··

EU and Armenia Strengthen Ties with Investment Deal

France24

The European Union and Armenia have strengthened their partnership with a new investment deal and a strategic partnership agreement. The EU committed to investing up to €2.5 billion in Armenia and supporting its economic reforms. This move comes with ongoing reliance on Russia for gas imports, but potential shifts could occur depending on Russia's reaction to the growing relationship with the EU.

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eu-armeniainvestmentgeopoliticseu integrationcaucasus