ArmInfo. Armenian-American Intergovernmental Commission on EconomicCooperation remains an important platform for strengthening partnership on a number of issues of mutual interest, US Deputy Assistant Secretary in the Bureau of European and Eurasian Affairs Bridget Brink stated at the regular session of the commission on June 27.
Armenia's Minister for International Economic Integration and Reforms Vache Gabrielyan noted that the sides have conducted active work on financial issues and fight against corruption, as well as work towards diversification of Armenia' energy sector, reforms in the aviation field (open sky policy) and over the initiative on raising
transparency of operation of Armenia's resources industries. According to Bridget Brink during joint work much attention is paid to the ways for deepening economic cooperation, US targeted assistance, strengthening of market reforms and further bilateral trade and investment relations.
The sides pointed at the reached progress in the field of energy, tourism and mining industry as well as the Armenian side's efforts aimed at fighting corruption. The representatives of Armenia and the USA mentioned with satisfaction the dynamics of activities of the intergovernmental commission aimed at deepening bilateral cooperation.
An agreement was reached on holding the next session of the Armenian-US Commission on Economic Cooperation in Washington (USA) in the end of the year. To note, the first meeting of the U.S.-Armenia Council on Trade and Investment kicked off in Yerevan on November 17. According to Gabrielyan the important issues discussed during the meeting will lead to extension of Armenian-US trade and economic cooperation. Vache Gabrielyan also noted that during many years a lot of issues have been discussed during the sessions and relevant solutions have been found. As an important achievement Vice Prime Minister mentioned signing of Trade and Investments Framework Agreement by Armenia and the USA.