Azerbaijan expands global energy role through foreign investment
Azerbaijan is strengthening its role in international energy projects through foreign investment, Azerbaijan’s Foreign Minister Jeyhun Bayramov said...
The European Union has praised Armenia’s recent steps towards fostering stability in the South Caucasus, particularly its efforts to normalise relations with Türkiye and reach an historic peace agreement with Azerbaijan.
On Monday, European Commission President Ursula von der Leyen and European Council President Antonio Costa met Armenian Prime Minister Nikol Pashinyan in Brussels to discuss regional developments and deepen EU-Armenia relations.
Von der Leyen described the draft peace treaty between Armenia and Azerbaijan as “a seismic moment” in the region’s history, expressing hope that the agreement would be signed soon to bring decades of hostility to an end.
Prime Minister Pashinyan reaffirmed Armenia’s commitment to democratic reforms and closer integration with the EU.
“We are working to establish a deeper and broader partnership with Armenia, and we aim to strengthen our relationship,” said Council President Costa.
In a joint statement, the EU leaders reiterated their strong support for Armenia’s sovereignty, territorial integrity, and democratic path.
They welcomed progress on visa liberalisation and acknowledged Armenia’s newly adopted legislation aimed at launching the country’s European integration process.
The EU also voiced support for Armenia’s inclusion in regional infrastructure and economic projects, particularly those linked to the Black Sea.
Brussels reaffirmed its commitment to Armenia’s long-term development, pledging increased financial and technical assistance. Under the Global Gateway strategy, EU investments in Armenia are expected to reach €2.5 billion.
Additionally, the €270 million Resilience and Growth Plan, announced in April, will boost funding by 50% to support reforms and investments in key sectors.
Regional connectivity featured prominently in the discussions. The EU reaffirmed its support for Armenia’s "Crossroads of Peace" initiative — a proposed infrastructure network to reopen trade routes across the region, including with Türkiye and Azerbaijan.
Security cooperation is also set to expand, with new EU-Armenia Security and Defence consultations signalling Brussels’ increasing role in the South Caucasus, amid the decline of traditional Russian influence.
EU leaders described the meeting as “an important step” in advancing ties and expressed optimism for further progress at the upcoming EU-Armenia Partnership Council this autumn.
Pashinyan’s visit follows a recent trip to Yerevan by EU foreign policy chief Kaja Kallas, during which both sides reaffirmed their commitment to closer cooperation and lasting peace in the region.
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Azerbaijan is strengthening its role in international energy projects through foreign investment, Azerbaijan’s Foreign Minister Jeyhun Bayramov said on Thursday, describing the energy sector as a central pillar of the country’s economic diplomacy.
The move is intended to combine digital innovation and long-term infrastructure planning with further modernise urban mobility while strengthening the country’s position as a key transit hub across Eurasia.
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