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EU Opens Trade Doors for Armenia | Business and Finance News

EU Opens Trade Doors for Armenia | Business and Finance News

Published 2 days, 4 hours ago
Description

The EU is making a bold move to boost Armenia’s economy by slashing tariffs on up to 80% of its exports, including fresh produce and spirits, while also pledging a 52 million euro support package and expert aid to help Armenia shift trade away from Russia. This comes amid growing geopolitical tensions and as part of a broader 200 million euro infrastructure push across the South Caucasus to strengthen regional connectivity and energy flows.

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