EU announces trade relief for Armenia to counter Russian economic pressure
By
Milena Wälde
6d ago· 1 min readenNews
Summary
European Commission President Ursula von der Leyen announced Ukraine-style autonomous trade measures for Armenia during a visit to Yerevan, aimed at helping the country withstand growing economic pressure from Russia. The package would open the EU's market to roughly 80 percent of Armenian exports. The visit marks the first by a foreign leader since Prime Minister Nikol Pashinyan's pro-European government secured another parliamentary majority, cementing Armenia's shift away from Moscow.
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The package would open the bloc’s market to roughly 80 percent of Armenian exports.
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