Diplomat: EU has already invested 2.5 billion euros in Armenian  infrastructure projects

ArmInfo.The European Union has already invested 2.5 billion euros in Armenian infrastructure projects, as stated by Vassilis Maragos, Head of the EU Delegation to Armenia,  in an interview with Armenian Public Television.

According to him, this applies to both the North-South Transport  Corridor project and other areas. The diplomat emphasized that the EU  is building a checkpoint on the Armenian-Iranian border in Meghri.  "The President of the European Commission, Ursula von der Leyen, has  announced the expansion of assistance for the modernization and  construction of three new checkpoints in Armenia—in Akhurik, Yeraskh,  and Margara. This is a concrete example of our involvement in  projects and our support for regional connectivity," the diplomat  said.

Maragos clarified that the EU will also provide assistance in  improving the northern route, which runs through Armenian territory  toward the borders with Turkey and Azerbaijan. "This is included in  the new aid package announced by von der Leyen—a 200 million euro  grant project and 2 billion euros in financing for the entire region.  The Armenian people will benefit from this; it will create new  opportunities for connectivity. Armenians will be working on these  projects, and this is in the interest of the Armenian people," he  stated.

Recall, Ursula von der Leyen paid a working visit to Yerevan on July  2. During her visit, she met with Armenian Prime Minister Nikol  Pashinyan, followed by a joint press conference. The head of the  European Commission was in Azerbaijan the previous day, where she  held talks with Azerbaijani President Ilham Aliyev. In Baku, von der  Leyen announced the allocation of up to 200 million euros in grants  to Azerbaijan for the development of transport, energy, and digital  connections in the South Caucasus. She reiterated this figure in  Yerevan, noting that this could attract up to 2 billion euros in  public and private investment in the South Caucasus.