The European Union is set to bolster infrastructure development in Azerbaijan with the announcement of up to €200 million in grants, as revealed by European Commission President Ursula von der Leyen. This financial aid is aimed at advancing transport, energy, and digital infrastructure projects, potentially unlocking up to €2 billion in investment from both public and private sectors. The announcement was made during von der Leyen’s recent meeting with Azerbaijani President Ilham Aliyev in Baku, where they discussed enhancing energy cooperation, improving regional connectivity, and progressing the Armenia-Azerbaijan peace process.
In an effort to strengthen ties, von der Leyen put forward a proposal for a new EU-Azerbaijan connectivity partnership. Highlighting the growing energy collaboration, President Aliyev noted that Azerbaijani gas exports to EU member states have surged by approximately 65% since the 2022 energy agreement was established, with ten EU countries now sourcing gas from Azerbaijan. This partnership marks a significant stride in the EU’s strategy to diversify its energy sources and secure a more stable supply.
Further supporting Azerbaijan’s development, the European Commission president unveiled a €20 million support program targeted at border communities. This initiative will focus on critical areas such as healthcare, mine clearance, rural development, and aid for small businesses. It underscores the EU’s commitment to fostering stability and prosperity in the region, particularly in communities that are affected by geopolitical tensions.
Von der Leyen’s visit to the South Caucasus, which includes planned talks in Armenia, forms part of a broader diplomatic effort to enhance cooperation and connectivity in the region. By engaging with both Azerbaijan and Armenia, the EU aims to facilitate peacebuilding and economic growth, leveraging its role as a major partner in regional development initiatives.