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EN
EU to provide Armenia with €200 million
['Yousef Bardouka', 'Oc Media', 'A Circassian The Diaspora', 'Yousef Joined Oc Media Out Of A Passion For The Caucasus', 'A Fascination With Functional Public Transport. With Previous Journalism Experience In Jordan', 'He Divides His Time Between Keeping Up With Regional News', 'Podcast Production', 'Exploration Of Specialty Coffee.', 'Mikheil Gvadzabia']
OC Media
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Help us hit 500 members by the end of October Become a memberEU enlargement chief Marta Kos has announced that Brussels intends to provide Armenia with a €200 million ($236 million) grant as part of the Resilience and Growth Plan.
According to state-run news outlet Armenpress, Kos said the funding would boost connectivity, resilience, and business development investments.
In early August in Washington, Armenia and Azerbaijan agreed to establish the Trump Route for International Peace and Prosperity (TRIPP), which would connect Azerbaijan to its exclave of Nakhchivan through Armenian territory.
Kos’ visit to Armenia followed her trip to Azerbaijan, where she highlighted opportunities offered by the peace process, saying that ‘peace in the region opens up opportunities for markets, trade, and investment’.
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