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Published on: 05/05/2026 - 23:07

Europe and Armenia have taken their partnership "to a whole new level" following two days of CPE and EU summits in Yerevan. Brussels has committed to supporting Armenia in its socio-economic reforms and investing up to €2.5 billion in the country, while affirming that the EU wants to make Armenia "a key destination" for investors. France is one of the big winners of these 48 hours of demonstration of friendship. Emmanuel Macron and Nikol Pashinian signed a "strategic partnership" which results in interesting markets for French companies in the fields of defense or civil engineering. These manifestations of interest and frank camaraderie between the former Soviet republic and Europe in particular but also the West in general do not obliterate its proximity to Russia. Yerevan depends on Moscow for gas imports, which it now buys at friendly prices from Russia. But things could change if Vladimir Putin takes umbrage at the rapprochement of his former satellite with the former Western bloc.

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