The sum will be spent on implementation of three programs, including one on preparatory activity for a new Armenia-EU agreement.

Last month the EU Foreign Affairs Council has authorized the European Commission to launch negotiations with Armenia.

On behalf of Armenian people, Sargsyan hailed the EPP’s efforts in contributing to the adoption of a resolution condemning the Genocide.

Prospects of economic cooperation were discussed at a meeting of the EU-Armenia subcommittee on trade in Yerevan.

“The document will enable Armenia to cooperate with the European Union without curbing EEU membership,” an official said.

"Approaches to cooperation with the partners and their involvement into integration processes were reviewed on all levels," Traian Hristea said.

Latvian Foreign Minister commented on the progress of negotiations for the Armenia-EU framework agreement.

President Serzh Sargsyan met with German Chancellor Angela Merkel on the sidelines of the European Union’s Eastern Partnership summit.

The head of the EU delegation Traian Hristea noted that the Latvia-hosted summit may open up new opportunities for Armenia.