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HomeAnalysis & InvestigationsEU extends Ukraine-style trade relief to Armenia

EU extends Ukraine-style trade relief to Armenia

European Commission President Ursula von der Leyen on Thursday announced Ukraine-style autonomous trade measures for Armenia aimed at helping the country withstand growing economic pressure from Russia.

Von der Leyen unveiled the package during a visit to Yerevan alongside Enlargement Commissioner Marta Kos, where the pair met Prime Minister Nikol Pashinyan. The trip marks the first visit by a foreign leader since Pashinyan’s pro-European government secured another parliamentary majority last month, cementing Armenia’s shift away from Moscow.

“The recent elections have shown the strength of Armenia’s democracy,” von der Leyen said, according to a press release. “The Armenian people have chosen reform and a closer partnership with our Union. No country should be pressured for a sovereign choice.” She added the EU was “stepping up” with the proposed trade rules alongside a €52 million support package previously announced in June.


Source:

www.politico.eu