On 24 November 2017, the European Union concluded the negotiations with Armenia for a new aviation agreement, which was negotiated by the European Commission as part of its Aviation Strategy for Europe.
The agreement aims at establishing a common regulatory framework, for instance in the fields of aviation safety and security, as well as improving market access for airlines, providing better connectivity, more choice and lower fares for travellers. It is estimated that this agreement will bring an additional 87.000 additional passengers and will generate more than 16 million of euro in the first five years.
The European Commission is currently negotiating new aviation agreements with the Association of Southeast Asian Nationals (ASEAN), Qatar, Tunisia and Turkey. Moreover, the EU has already negotiated with partners like the US, Canada, Morocco, Jordan, the Western Balkans, Ukraine, Israel, Georgia, Moldova and Switzerland.
Following the completion of the necessary internal procedures, the Armenian authorities will sign the agreement.