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Washington to invest in Armenia’s nuclear energy sector
10 February 2026
US Vice President JD Vance announced a $9 billion U.S. investment in Armenia’s nuclear energy sector during a visit to Yerevan, saying the two countries had completed negotiations on a civil nuclear cooperation framework that will enable joint projects, including the use of US small modular reactor technology.
Vance said the initiative aims to strengthen Armenia’s energy security while creating jobs in the United States.
At a joint briefing with Prime Minister Nikol Pashinyan, Vance also confirmed that Washington had approved the sale of V-BAT drones to Armenia in a deal worth $11 million.
The US vice president voiced support for Pashinyan ahead of Armenia’s parliamentary elections, scheduled for June 7, describing him as a partner capable of building long-term cooperation with Washington.
Vance also commented on the implementation of the "Trump Route for International Peace and Prosperity" project, which, in his opinion, will radically change the entire South Caucasus, open "a new world for international trade, transit and energy flows, and provide unprecedented connectivity between Armenia and neighboring countries." US Vice President Vance visited Armenia on Monday (9 February)>, where he held talks with prime minister Nikol Pashinyan. On Tuesday he is expected to go to Baku to meet President Ilham Aliyev.