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The European Union (EU) has agreed on a landmark plan to pull Armenia into the Western fold and support its economy amid growing tensions in the region. The EU has promised to allocate $290 million to support businesses and industry in the South Caucasus country over the next four years. The move comes as Armenia is trying to cut ties with its former ally Russia, which owns much of the country’s energy network and infrastructure. The Russian Foreign Ministry has warned Yerevan not to be “deceived” by the West and lead Armenia astray. Meanwhile, clashes have been reported along the tense frontier between Azerbaijan and Armenia, with heavy shooting reported by both sides.
#armenia #azerbaijan #russia
Video: AP/AFP/Reuters
0:00 - Introduction
0:30 - Eu Launches $290 Million Plan to Bring Armenia Into Western Fold
2:15 - West Trying to Pull Armenia Away From Traditional Ally Russia?
4:14 - Russia Warns Armenia Against Getting “deceived” by West
5:32 - Clashes on Armenia-azerbaijan Border
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