European Commission President Ursula von der Leyen said the European Union has already allocated €2.5 billion for Armenia under its investment program, speaking during a meeting with Prime Minister Nikol Pashinyan at the first Armenia–EU summit.
She noted that Armenia and the European Union are closer than ever.
“There has always been a special connection between Armenia and Europe, rooted in myths and ancient civilizations. But it is not only our shared history and culture that unite us—future opportunities do as well. Armenia and the European Union are indeed closer than ever.
We are making good progress toward visa-free travel between Europe and Armenia, which will help facilitate investment flows. €2.5 billion has already been allocated under our ‘Global Gateway’ investment program,” the European Commission president said.
Following the summit, a joint Armenia–EU declaration was adopted and several documents were signed.
