World
"We will provide 270 million euros in grants to Armenia for the next 4 years." Leyen (VIDEO)
The press conference of the President of the EU Commission Ursula von der Leyen, US Secretary of State Anthony Blinken, President of the EU Foreign Affairs Commission Josep Borell, and RA Prime Minister Nikol Pashinyan started in Brussels.
Ursula von der Leyen noted: "We promise to stand shoulder to shoulder with Armenia and talk about the future vision of our partnership. The goal is the growth and resistance of Armenia. A grant of 270 million euros will be allocated for the next four years. We invest in supporting Armenian society's resilience, helping talent and business, growing economically, and entering new markets. We are ready to invest in key infrastructure projects, such as the Black Sea Power Cable, which can bring clean and renewable energy to the EU. At the same time, we will continue investing in RA's renewable energy and the channels with Georgia. We welcome your "Crossroads of Peace" initiative. And finally, we have new approaches for commercial diversification, aviation, and nuclear energy."
