live Trump, Vance and Iranian parliament speaker sign U.S.-Iran memorandum
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump...
Armenia is set to receive a support package worth more than €50 million ($58.2 million) from the European Union (EU) after Russia, its largest trading partner, imposed restrictions on a range of Armenian exports.
Ursula von der Leyen, President of the European Commission, said the bloc would also ease trade barriers for certain Armenian products, particularly food and agricultural goods.
Ahead of Armenia’s parliamentary elections on Sunday, Moscow imposed trade restrictions on several Armenian sectors, including fresh fruit and vegetables, fish, alcohol, flowers and mineral water.
Russian agencies have cited safety and standards concerns as the reason for the suspensions, most of which were introduced during May.
However, von der Leyen accused Moscow of applying economic pressure on Armenia for political purposes.
“This is nothing short of economic coercion, and it is unacceptable,” she said in a statement published on Thursday.
“By extending export restrictions on Armenian products, Moscow is weaponising economic relations for political pressure.
“We know this playbook all too well. This is why Europe stands firmly with Armenia.”
Armenia, a landlocked nation of around three million people, has traditionally maintained close ties with Moscow and is a member of the Russian-led Eurasian Economic Union (EAEU) single market.
In recent years, however, Prime Minister Nikol Pashinyan’s government has sought closer relations with the EU.
In January, Pashinyan said his government “unequivocally and without question” wanted Armenia to become a member of the political and economic bloc.
Pashinyan’s Civil Contract party is currently leading opinion polls, holding a significant advantage over the pro-Russian opposition groups Strong Armenia and Armenia Alliance.
Russia has threatened to halt supplies of discounted energy to Armenia if it pursues EU membership, while the Russian-led EAEU has said it would consider suspending the country from the union.
Such a move would have an immediate impact on the Armenian economy. Russia accounted for around 35% of Armenia’s foreign trade in 2025, while the EU represented roughly 11%, according to government statistics cited by Armenian media.
Yerevan purchased 82% of its natural gas from Russia in 2025. Russian President Vladimir Putin said Armenia was paying $177.50 per 1,000 cubic metres of gas, compared with more than $600 in Europe.
As part of the EU’s easing of trade restrictions, von der Leyen said a shipment of 10,000 Armenian flowers would arrive in Latvia on Friday.
Armenia’s flower industry is among the sectors affected by Russian trade measures.
Moscow introduced temporary restrictions on Armenian flower exports in May, citing the risk of plant diseases and pests, a justification that von der Leyen described as “questionable.”
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Iran has said that reaching an agreement with the U.S. to end the war does not mean Tehran will overlook what it describes as war crimes committed against Iranians by Israel and the United States.
Uzbekistan and five partner countries have signed a protocol to further develop the CASCA+ railway corridor, a growing transport route linking Central Asia, the South Caucasus and Türkiye that provides an alternative connection between Asian and European markets.
An armed unmanned aerial vehicle crashed on a Black Sea beach in northern Türkiye on Sunday, prompting a security operation and the controlled detonation of its munitions.
Fighting in southern Lebanon eased on Monday after a U.S.-Iran agreement aimed at ending months of regional conflict was announced, although uncertainty remained over how the deal would be implemented on the ground.
United Nations High Commissioner for Human Rights Volker Türk on Monday welcomed the newly announced peace agreement between the U.S. and Iran, urging all parties to exercise restraint and work towards a lasting settlement.
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