The US ambassador and the minister discussed the prosperous and brighter future of RA

RA Minister of Economic Development and Investments Tigran Khachatryan received the newly appointed Ambassador Extraordinary and Plenipotentiary of the United States of America to Armenia Lynn Tracy.

As informed by the Department of Information and Public Relations of the Ministry, Ambassador Tracy stated during the meeting with the Minister that he is happy to discuss the possibilities of deepening the economic relations between the two countries, as well as providing a more prosperous and brighter future for the people of Armenia.

Tigran Khachatryan noted that not only agenda issues were constantly discussed in cooperation with the USA, but also that the support of the Nahags was suggestive in the implementation of important reforms in making Armenia’s economy more competitive, in defining tomorrow’s agenda.

The minister presented the economic priorities of the RA government to the guests. “We have made an important emphasis in the current program – the quality of economic growth, which should affect a large number of people. Thus, we consider economic inclusion to be the main measure by which the government should be accountable for the results of its policy,” said the minister.

Tigran Khachatryan referred to the problem of low productivity of enterprises and in this context discussed the issues of their technical adequacy and re-equipment.

The Minister of Economic Development and Investments and the Ambassador discussed the importance of improving the quality of modern education, protection of property rights and maximum reduction of existing administration from the point of view of ensuring progressive economic development.

The parties exchanged ideas on attracting new investments, developing foreign trade relations and improving the business environment.