Friday, July 21 2017 12:30
Naira Badalian

Suren Karayan and Dan Mulan discussed ways to expand mutual trade and investment

Suren Karayan and Dan Mulan discussed ways to expand mutual trade and  investment

ArmInfo. The Minister of Economic  Development and Investments of Armenia, Suren Karayan, the day before  received a delegation led by US Deputy Trade Representative in Europe  and the Middle East Daniel  Mullan.

According to the press service of the Ministry, Suren Karayan noted  the untapped potential of trade and economic relations between the  countries, as well as the desire of the Armenian government to  intensify ties. "Armenia is interested in US investments, and is  ready for the major investment projects to discuss the creation of  more favorable regimes," he said.

The Minister also expressed readiness within the framework of the  Armenian-American agreement on trade and investment (TIFA) to hold  active discussions on issues of interest to American business and  providing more comfortable conditions for entering the local market.

Dan Mullan, in turn, noted that the American side attaches special  importance to economic relations with Armenia. According to him, the  purpose of the delegation's visit is to discuss ways to expand mutual  trade and investment within the framework of the agreement on trade  and investment.  The parties discussed issues related to the work  carried out within the framework of the Agreement, in particular, in  the direction of trade and investment, sanitation and phytosanitary,  customs regulations, intellectual property rights, in the field of  ecology and public procurement, and removing technical barriers to  trade.

The two sides accentuated  the importance of close cooperation of  business ties between the countries. 

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