EU allocates 2 billion euros to Azerbaijan for the implementation of investment projects

Azerbaijani Foreign Minister Jeyhun Bayramov met with Commissioner for Neighborhood and Enlargement of the European Union (EU) Oliver Varheli.
During the meeting, Minister Bayramov stressed that relations between Azerbaijan and the EU are developing on the basis of equal partnership.
According to the press service of the Azerbaijani Foreign Ministry, Bayramov informed the European Commissioner about the current situation in the region, the normalization of relations with Armenia and the delimitation process, as well as the mine threat. He also talked about the ongoing reconstruction and reconstruction work in the region and the possible role of the EU in this.
Commissioner Varheli stressed the importance of partnership with Azerbaijan for the EU and the need to further strengthen these relations. He stressed that Azerbaijan is a reliable partner of the EU. The commissioner said that within the framework of the economic investment plan, a financial package in the amount of 2 billion euros was allocated to Azerbaijan, and the implementation of specific projects is now being considered. Varheli also said that the EU is ready to participate in the recovery and reconstruction process in Azerbaijan.
The parties exchanged views on the implementation of cooperation in the field of regional security, energy partnership, economic ties, transport and communications, sectoral cooperation, as well as in other areas of mutual interest.
At the meeting, the importance of completing negotiations on a new agreement, which will become the legal basis for relations between Azerbaijan and the EU, was mutually expressed.
There was also an exchange of views on other issues of mutual interest.
Latest news
Latest newsUzbekistan Bets on Georgian Ports as Tashkent Expands Its Trade Route to European Markets via the Black Sea
14.Jul.2026
Turkmenistan and the USA Explore New Areas of Cooperation as Ashgabat Hosts U.S. Senator Steve Daines
13.Jul.2026
Engineers Instead of Soldiers: Kazakhstan Hosts Its First Engineering Technologies Championship
12.Jul.2026
Transit Instead of Confrontation: Russia Expands Cargo Shipments to Armenia via Azerbaijan
12.Jul.2026
Europe Accelerates Rearmament: EU Countries Prioritize Missiles, Air Defense Systems, and Drones
10.Jul.2026
Russia Begins Using New FPV Drones to Strike Ukraine's Energy Infrastructure
10.Jul.2026
US Ready to Lift Sanctions on Turkiye and Restore Its Participation in the F-35 Program
09.Jul.2026
Trump Announces Transfer of License to Ukraine for Patriot Interceptor Missile Production
09.Jul.2026
The NATO Summit in Ankara Marked a New Stage in the Alliance's Transformation
08.Jul.2026
The war in Ukraine - the “liberation of Novorossiya” is a mission impossible
07.Jul.2026

18 Jul 2026


