Arminfo.info


 Tuesday, June 23 2026 20:18
Alina Hovhannisyan

Armenia and the EU discussed expanding export opportunities for Armenian products.

Armenia and the EU discussed expanding export opportunities for Armenian products.

ArmInfo. Armenian Deputy Foreign Minister Vahan Kostanyan met with Simon Mordue, Chief Diplomatic Adviser to the President of the European Commission, and Maya Bakrani, Deputy Director-General of the European Commission's Directorate-General for Mobility and Transport.

The meeting took place during the launch of the Connectivity Agenda Platform (CAP). During the meeting with Simon Mordue, the parties emphasized the importance of continuing and deepening bilateral work to expand export opportunities for Armenian products amid existing trade and economic restrictions. The parties also noted the significance of the financial assistance provided by the European Union to the Armenian government in the form of budget support. They also emphasized the need to maintain high-level contacts to advance the current bilateral agenda.

At the meeting with Maya Bakrani, among other issues, the agreements reached following the Armenia-EU summit held in Yerevan on May 5 of this year, as well as the progress of their implementation, were discussed.

The parties emphasized the importance of further deepening the partnership between Armenia and the European Union in the areas of connectivity, developing sustainable transport infrastructure, and promoting projects of mutual interest.

They also discussed issues related to the process of removing Armenian air carriers from the EU aviation security list and cooperation in this area.

It should be noted that, according to the RA Statistics Committee, foreign trade turnover between Armenia and the EU increased by 45.2% in January-April 2026, amounting to $1.058 billion. Exports also increased by 97.3% to $355.7 million, amid a 28% increase in imports to $702.9 million.

As a reminder, Russian authorized agencies—Rospotrebnadzor and Rosselkhoznadzor—imposed restrictions on the export of agricultural products and flowers from Armenia to markets in the Eurasian Economic Union (EAEU). The agencies' official statements cited violations as the reason for these restrictions.

At the same time, Armenia traditionally exported approximately 90% of its fresh agricultural produce to the Russian market. Due to the current situation and the difficulties facing Armenian producers, the government has developed several programs to support exports to European markets, including reimbursement of transportation costs and customs duties. Furthermore, farmers have been exempted from loan obligations for a six-month period to enable them to find new markets.

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