Ursula von der Leyen, President of the European Commission welcomed Armenian Crossroads of Peace proposal during her speech before the “Resilience and Growth Plan for Armenia” meeting in Brussels.
Von der Leyen, in particular said:
“I am very glad to host this meeting together with the HR/VP Josep Borrell here in the Berlaymont in support of Armenia. We are delivering on a promise we made last October: The promise to stand shoulder to shoulder with Armenia, and at the same time, the promise to set a vision for the future of our partnership. This is what we are going to be discussing today.
This vision will be underpinned on the European Union side by a Resilience and Growth Plan for Armenia, EUR 270 million in grants over the next 4 years. We will invest in making the Armenian economy and society more robust and resistant to shocks. We will support your businesses, your talents, in particular your small and medium enterprises, so that we can help them to grow, to innovate and to access new markets. And we will invest in key infrastructure projects. For example in the Black Sea electricity cable that is a new transmission route full of opportunities. It can notably bring clean, renewable energy into Europe. We are ready to support it. In parallel, we will continue investing in Armenia's renewable energy production and in better interconnections with Georgia. We will also be exploring cross-border transport, if and when conditions allow. In this context, I welcome your Crossroads of Peace initiative Prime Minister. Finally, we come today with new measures for aviation and nuclear safety, and for trade diversification.
This support package we are presenting today builds on the success of an existing Economic and Investment Plan from the European Union for Armenia. It has already mobilised over half a billion in investments. I think this is great news. And now we can do even more with a fresh investment perspective. This is why we have recently launched an Investment Coordination Platform. So that we can jointly identify new projects, accelerate the pace and maximise the potential of our investments on the ground. Of course, the European Union will continue to support reforms in Armenia through advice, technical support and funding”.
