In May 2017, the delegation of the Foreign Affairs Committee of the European Parliament met with the President of Armenia in Yerevan. The President said with satisfaction that in recent years Armenia has registered significant progress in the relations with the European Union. He also stated that the country is willing to expand the existing partnership with the EU in all possible areas. Meanwhile, the Speaker of Parliament of Armenia stated that the EU remains one of Armenia's major partners and cooperation with the EU is based on a common value system, during the meeting.