EU relations with Armenia are based on the EU-Armenia Partnership and Cooperation Agreement (1999), which provides for wide-ranging cooperation in the areas of political dialogue, trade, investment, economy, law-making and culture.
The EU is committed to further developing and strengthening its cooperation with Armenia in all areas of mutual interest. Armenia was included (as a southern Caucasus country) in the European Neighbourhood Policy (ENP) in 2004 and in the Eastern Partnership in 2009.
Armenia participates in regional programmes funded under the ENPI/ENI – mainly environment, energy, transport, culture and youth initiatives, in the Eastern Partnership Flagship Initiatives, in cross-border cooperation and in initiatives open to all Neighbourhood countries: SIGMA, and the Neighbourhood Investment Facility (NIF). The NIF in Armenia targets primarily investment projects in transport infrastructure, financing of small business, waste management, water and energy efficiency.
As part of the European Neighbourhood Policy, Armenia benefits from the European Neighbourhood Instrument (ENI). The budget for Armenia under the Single Support Framework 2014-2017 will range from €140 million to a maximum of €170 million.