ArmInfo. On July 23, Armenian Minister of Economy Gevorg Papoyan received US Charge d'Affaires in Armenia David Allen and Edward Eichler, Head of the Economic and Commercial Unit at the US Embassy.
During the meeting, the parties discussed issues related to the process of granting Armenia the status of a market economy country by the United States. Papoyan expressed confidence that the established effective cooperation will contribute to the consistent advancement of this process and the further development of the bilateral economic agenda of mutual interest.
According to the press service of the Ministry of Economy, the interlocutors confirmed during the discussions that economic cooperation between Armenia and the United States is developing dynamically, noting the positive progress achieved recently.
It should be noted that according to the RA Statistics Committee, foreign trade turnover between Armenia and the United States in January-May 2026 increased by 28.2%, totaling $198.7 million. Exports amounted to $15.8 million, registering a 33% year-on-year decline, against the backdrop of a 39.2% growth in imports, reaching $182.8 million.
