EU tells Armenia 'you can count on us' as Russia keeps up economic pressure

🌐 The Straits Times (AM) —
EU tells Armenia 'you can count on us' as Russia keeps up economic pressure

AI Summary

The European Union has pledged an additional €18 million in economic aid to Armenia and eased export rules to support the country amid ongoing economic pressure from Russia. This move signifies the EU's commitment to bolster Armenia's economy in the face of geopolitical challenges.

July 2 - The European Union pledged an additional €18 million in economic support for Armenia on Thursday and liberalised some export rules for its goods as Brussels seeks to shore up support for the South Caucasus country amid Russian trade pressure.

World Politics Markets Deals European Union Armenia economic support Russian trade pressure export rules South Caucasus

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