1.6 MILLIARD USD GIVEN TO ARMENIA WITHIN 10 YEARS

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[01:22 pm] 02 May, 2006

The 12th session of the Armenian – American working group on the
economic cooperation was convened in Yerevan today at the head of
the RA Minister of Finance and Economy Vardan Khachatryan and the
American coordinator on European and Euroasian issues Tom Adams.

The key issues of the Armenian – American working group’s agenda are
the measures contributing to the RA economic development, democratic
reforms, the issues relating to the program “Millennium Challenges,”
programs promoting the macro economic policy and long-term growth
and reforms of the tax-duty sphere.

The participants of the session will also refer to issues closely
connected with the agricultural, judicial and energy fields,
educational-scientific spheres as well as the terrorizm combat.

The Armenian – American working group on economic cooperation was set
up in 2000 and was aimed at strengthening the economic cooperation
between the two countries, and raising the intergovernmental dialogues
on the acceleration of the efficiency of the USA Government supporting
programs to the institutional level. The group convenes sessions in
Washington and in Yerevan twice a year.

The US Government has implemented multiple development and humanitarian
programs of 1.6 milliard USD in Armenia within the recent decade.