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US-Armenian commission discusses mutual economic programmes

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  • US-Armenian commission discusses mutual economic programmes

    US-Armenian commission discusses mutual economic programmes

    Mediamax news agency
    2 May 05

    Yerevan, 2 May: A meeting of the US-Armenian intergovernmental
    commission for economic cooperation (US-Armenian Task Force) has been
    held in Yerevan.

    During the meeting special attention was paid to programmes being
    implemented by Armenia as part of the Millennium Challenge Account.

    Mediamax quoted a representative of the Millennium Challenge
    Corporation, Alex Russin, as telling the meeting that Armenia's
    programmes to the tune of 170m dollars were being brought into line
    with the corporation's requirements.

    Alex Russin stopped short of putting the time frame of the possible
    signing of an agreement with the Armenian government, noting that "a
    lot still remains to be done and that it is premature to speak about
    a specific date". He said that so far the corporation had signed an
    agreement with only one (Madagascar) of the 17 countries selected to
    participate in the Millennium Challenges programme.

    Armenian Finance and Economy Minister Vardan Khachatryan said the
    meeting had also discussed the macroeconomic situation in Armenia,
    the attraction of investment, the fight against terrorism, judicial
    reforms, etc.
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