Saturday, July 3 2021 11:56
Marianna Mkrtchyan

EU proposes an ambitious EUR 17bn economic and investment plan to EaP  countries

EU proposes an ambitious EUR 17bn economic and investment plan to EaP  countries

ArmInfo.The European Union (EU) is implementing a new economic and investment program worth 17 billion euros to improve the economic well-being of the Eastern  Partnership (EaP) countries. This was announced by the EU  Commissioner for Neighborhood and EU Enlargement Policy Oliver  Varhelyi  in his microblock on Twitter.

''Today we're putting forward an ambitious Economic and Investment  Plan that will through mobilisation of around EUR 17 billion in  investments help stimulate jobs and growth+bring prosperity to the  region. The Plan includes country flagships for all Eastern Partners.  I look forward to travelling to South Caucasus - Georgia, Azerbaijan,  Armenia - next week to present the Economic&Investment Plan for  EasternPartnership region and its flagship initiatives. Will also  discuss key issues of bilateral relations and fight against #COVID-  19 pandemic'', he twitted,

As ArmInfo previously reported, Varhelyi is expected in Yerevan on  July 8.

To recall, the EU EaP programs included Armenia, Azerbaijan, Belarus,  Georgia, Moldova and Ukraine.  Last week, amid EU sanctions against  Belarus, Minsk announced the suspension of its participation in this  EU project.