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Action Plan Of 9th Meeting Of US-Armenia Task Force On EconomicCoope

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  • Action Plan Of 9th Meeting Of US-Armenia Task Force On EconomicCoope

    ACTION PLAN OF 9TH MEETING OF US-ARMENIA TASK FORCE ON ECONOMIC
    COOPERATION SIGNED YEREVAN

    MARCH 23, NOYAN TAPAN. On March 23, Minister of Finance and Economy
    Vardan Khachatyran and U.S. Ambassador John Evans signed the Action
    Plan of the most recent meeting of the U.S.-Armenia Task Force
    on Economic Cooperation (USATF). The current document highlights
    areas in which the two governments are cooperating in the fields
    of development assistance. "This Action Plan is our development
    roadmap," said Ambassador Evans of the signing ceremony. "It helps us
    set clear goals and ensures that we are cooperating as governments
    toward a bright future for the Armenian people." Over the last
    decade, the US government provided over 1.5 bln dollar assistance for
    Armenia. According to the press service of the RA Minisry of Finance
    and Economy, topics in the 30-point action plan include ways to improve
    fiscal administration, strengthen the banking sector, fight corruption,
    engage the business community, meet Armenia's needs in the public
    service sector and strengthen ongoing cooperation in the agricultural
    and humanitarian sectors. The document also acknowledges the Government
    of Armenia's eligibility for the Millennium Challenge Account (MCA)
    and the need to register progress in MCA eligibility areas. The
    U.S.-Armenia Task Force on Economic Cooperation was established in
    January 2000 as a way to institutionalize government-to-government
    dialogue on development issues, promote further economic cooperation
    and maximize the effectiveness of assistance programs implemented by
    the United States Government. Meetings are held twice a year (once
    in the United States and once in Armenia) The next USATF meeting is
    tentatively scheduled to be held in May 2005 in Yerevan.
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