Tuesday, December 15 2020 16:59
Alexandr Avanesov

Minister: Armenian-American economic relations will intensify in the  near future

Minister: Armenian-American economic relations will intensify in the  near future

ArmInfo.The Armenian-American economic relations will intensify in the near  future. Minister of Economy Vahan Kerobyan expressed this confidence  during the meeting with  US Ambassador to Armenia Lynne Tracy.

As reported by the press service of the RA Ministry of Economy,  during the meeting Vahan Kerobyan stressed the importance of the  Armenian-American cooperation, pointing out the continued support of  the US government in carrying out economic reforms in Armenia.

The interlocutors discussed the issues included in the cooperation  agenda and specified the directions for further steps. In particular,  the parties touched upon the activities of the Armenian-American  Trade and Investment Council. They noted with satisfaction the  established cooperation in such areas as Technical Barriers to Trade  (TBT), Sanitary and phytosanitary measures (SPS) Generalised scheme  of preferences (GSP), high-tech diplomacy, trade diplomacy, etc., as  well as the organization of business meetings with the participation  of representatives of the public and private sector. Issues related  to the availability of payment platforms (PayPal services) in  Armenia, venture funds and the development of the capital market in  Armenia were also discussed.

An exchange of views took place on the activation of the  Armenian-American economic ties, bilateral economic cooperation,  development of foreign trade relations, attraction of investments and  improvement of the business environment. The parties also touched  upon USAID-funded programs, in particular, in the areas of tourism,  economic development of rural areas, market liberalization, science,  innovative agriculture and business promotion.

Ambassador Lynne Tracy thanked the Minister for the reception and  expressed her readiness to cooperate in all areas and provide the  necessary assistance. At the end of the meeting, the parties once  again stressed their readiness to continue cooperation.