The EU-Armenia Partnership and Cooperation Agreement (1999) provides for wide-ranging cooperation, encompassing political dialogue, trade, investment, economy, lawmaking and culture.
The EU is ready and willing to extend cooperation further. This is shown by Armenia's inclusion (as a southern Caucasian country) in the European Neighbourhood Policy(2004) and the Eastern Partnership(2009).
In January 2nd, 2015, Armenia joined the Eurasian Economic Union (Russia, Belarus, Kazakhstan and Armenia. Acceding country: Kyrgyzstan). Despite the decision in September 2013 not to initial the negotiated Association Agreement with the EU, including a Deep and Comprehensive Free Trade Area (AA/DCFTA), Armenia and the EU continue their political and trade dialogue in areas where this is compatible with Armenia’s new international EEU obligations. The EU and Armenia have recently successfully completed their joint scoping exercise for a future legal agreement compatible with Armenia's new international obligations. This will enable both sides to launch soon negotiations on a new EU-Armenia overarching agreement.
In 2014, the EU-Armenia Visa-Facilitation and Readmission Agreements came into force in January and the agreement allowing Armenia to participate in EU programmes and agencies came into force in March.
More info on EU-Armenia cooperation:
High Representative for Foreign Affairs and Security Policy/Vice-President of the Commission Federica Mogherini and Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn are launching today a consultation on the future of the European Neighbourhood Policy(ENP)