The EU reaffirms Hv. The commitment of peace, stability and economic development in the Caucasus. This is stated in a statement dedicated to the EU Commissioner for Enlargement Martha Koss, Armenia and Azerbaijan.
"The EU strongly supports the process of normalization of relations between Armenia and Azerbaijan and is ready to invest in regional connection. By opening commercial routes, integrating infrastructure and bringing people closer, we can turn today to lasting peace and overall prosperity. The statements made during my visit strengthened this vision by concrete resources, turning the latest diplomatic progress for the entire region of the region, "the statement said.
In Azerbaijan, Commissioner Kos has agreed to set up a high-level economic working group to strengthen EU-Azerbaijan economic cooperation and promote investments within the Global Gate. 23 million euros will be provided to Azerbaijan within the framework of the "Tim Europa" initiative.
According to the report, the second tranche of 270 million euros in the EU Stability and Growth Program has been announced in Armenia, in the amount of 202.5 million euros. This funding will strengthen reforms and socio-economic stability.
The EU will also support Armenia's democratic resistance and the transparency of the elections before the 2026 parliamentary elections.
