EU Armenia's Biggest Trade Partner
One of the significant parts of relations between Armenia and the European Union is bilateral trade. As is mentioned in the RA MFA annual report on Armenia's foreign activities in 2006, EU is the biggest trade partner of Armenia. In January-September period of 2006 commodity circulation between the two sides made up $766 million, which is 12% higher than in 2005.
The document also underlines that during bilateral contacts the European Union emphasizes the importance of peaceful solution of the Nagorno Karabakh conflict. Peter Semneby, the European Union special representative in the South Caucasus, repeatedly expressed readiness to assist the OSCE MG Co-Chairs in the process of peaceful solution of the problem. The EU expressed willingness to participate in the process of post-conflict period reconstruction, down to stationing of peacemakers. During his last visit Semneby expressed his readiness to deepen the direct ties between the EU and NKR.
The document also underlines that during bilateral contacts the European Union emphasizes the importance of peaceful solution of the Nagorno Karabakh conflict. Peter Semneby, the European Union special representative in the South Caucasus, repeatedly expressed readiness to assist the OSCE MG Co-Chairs in the process of peaceful solution of the problem. The EU expressed willingness to participate in the process of post-conflict period reconstruction, down to stationing of peacemakers. During his last visit Semneby expressed his readiness to deepen the direct ties between the EU and NKR.
