Factsheet: EU and Armenia

Factsheet: EU and Armenia

November 14, 2021

EU and Armenia relations are based on the EU-Armenia Comprehensive and Enhanced Partnership Agreement (CEPA), which fully entered into force on 1 March 2021. Armenia is committed to pursuing a comprehensive reform agenda based on democracy, transparency, and rule of law – in particular the fight against corruption, reforming the judiciary and enhancing its accountability to citizens, and ensuring equal economic, employment and social opportunities for all. The EU is a key reform partner in Armenia, providing around €65 million of grant money annually for Armenia’s ambitious reform agenda.

Armenia has made significant efforts to reform the justice system by strengthening the integrity and accountability of the judiciary, improving access to modern and quality judicial services, and establishing a specialised Anticorruption Court.

Thanks to EU support, over 13,100 young Armenians have taken part in exchanges, mobility, training, and volunteering projects in the EU in 2020.

The EU is one of Armenia’s main trading partners, with an 18% share of its total trade in 2020. Total bilateral trade between the EU and Armenia exceeds €1 billion per year.

RECOVERY. RESILIENCE. REFORM

ECONOMY

In 2020, EU4Business invested close to €100 million of funds. This has benefitted over 7,000 SMEs and created over 1,400 new jobs.

INSTITUTIONS
The EU supports Armenia in the implementation of key reforms on justice, police, the fight against corruption, and antidiscrimination.

GREEN
7,000 households have received EU support for energy efficiency renovations.

SOCIETY
Over 14,750 students and academic staff exchanges have taken place between Armenia and the EU under Erasmus+ (2014-2020).

DIGITAL
The EU-TUMO Convergence Center empowers Armenian youth with top skills relevant for the knowledge economy. It hosts the renowned tuition free computer programming School 42, which was launched in January 2021 with 150 participants, including 50% women.

ECONOMIC & INVESTMENT PLAN

The EU supports Armenia with concrete investments to help post-pandemic recovery, improve the lives of Armenian citizens, and foster economic growth and job creation. In the coming years, the EU will invest in the following five flagship projects:

  • Sustainable, innovative and competitive economy – direct support to 30,000 SMEs
  • Connectivity and socio-economic development – the North-South corridor
  • Digital transformation, innovation, science and technology
  • Resilience in the southern regions
  • Green Yerevan – energy efficiency and green buses

COVID-19 RESPONSE

The EU rapidly responded to the urgent needs of Armenia and its citizens during the COVID-19
pandemic with a Team Europe package of close to €100 million. This includes not only
substantial budget support to the government, but also:

• targeted social assistance to over 3,000 vulnerable households
• access to online education for 350 children
• support to over 1,000 Armenian SMEs to develop new digital approaches for their businesses
• key medical equipment for patient care in hospitals and COVID analysis in laboratories

European Commission: ec.europa.eu/neighbourhood-enlargement/armenia l twitter.com/eu_near
European External Action Service: eeas.europa.eu/delegations/armenia l twitter.com/eu_eeas

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