Yerevan highlights CEPA implementation 

ArmInfo. Yerevan notes the importance of the full implementation of the Comprehensive and  Enhanced Partnership Agreement between Armenia and the European Union.  This was stated to the Vice-President of the European Commission, EU Trade Commissioner Valdis Dombrovskis during his  meeting with Armenian Vice-Premiers Mher Grigoryan and Tigran Khachatryan.  The head of the EU delegation to Armenia, Ambassador Vassilis Maragos, was also present at the meeting. 

During the meeting, the progress in the implementation of programs  developed within the framework of the European Economic and  Investment Plan was mentioned. In this context, the Armenian side  emphasized the need for the participation of European financial  structures in the effective organization and implementation of joint  programs.

The interlocutors exchanged views on the importance of Armenia's  participation in large regional infrastructure projects. The Armenian  side presented the "Crossroads of the World" initiative and its main  components, developed by the Government of the Republic of Armenia  with the aim of establishing lasting peace and stability in the  region.

The need to diversify the Armenian economy and develop high-quality  infrastructure in the country was also emphasized at the meeting. The  interlocutors also discussed the prospects for RA-EU cooperation in  this direction.

On April 5 in Brussels, at a joint briefing with RA Prime Minister  Nikol Pashinyan and US Secretary of State Antony Blinken, the head of  the European Commission, Ursula von der Leyen, announced the EU's  readiness to provide Armenia with 270 million euros in grant funds  for economic development, in particular support, within 4 years.  small and medium-sized businesses, as well as economic  diversification and infrastructure development. US Secretary of State  Antony Blinken recalled Washington's plans to provide Armenia with  more than $65 million in assistance from budget funds for the 2023  fiscal year.