EU Bets €2.5bn on Armenia To Bypass Russia

EU Bets €2.5bn on Armenia To Bypass Russia

The EU is betting €2.5 billion on Armenia as part of a wider push to move trade and energy into Europe without relying on Russia. At a summit in Yerevan this week, Brussels made clear it sees the country as a new potential transit corridor. The timing matters. The war in Ukraine has disrupted trade routes that used to pass through Russia. Attacks in the Red Sea have also made shipping between Asia and Europe slower and more expensive. As a resul…

EU moves into the South Caucasus through Yerevan

The Yerevan summit of the European Political Community was not merely a major international event for Armenia. It became a political symbol of a new stage in the struggle for influence in the South Caucasus. The holding of the 8th EPC summit in Yerevan on 4 May 2026, followed by the first-ever Armenia–EU summit on 4–5 May, effectively demonstrated that Europe no longer wants to remain a passive observer in a region long perceived as an area of R…