ArmInfo. Armenia and the United States discussed the possibility of deepening economic relations and ensuring a more prosperous and bright future for the people of the country.
The ministry's statement on this is about the meeting of RA Minister of Economic Development and Investments Tigran Khachatryan with the newly appointed Extraordinary and Plenipotentiary Ambassador of the USA to RA Lien Tracy.According to the press service, during the meeting, the Minister presented to the Ambassador the priorities of the economic development of the Armenian government: "In this program we put an important emphasis on the quality of economic growth, which should affect the lives of the overwhelming majority of citizens.
Thus, we consider the inclusive economic growth model to be the main measure of the government's responsibility for the results of its policy, "he said.According to the report, during the meeting the interlocutors also touched upon the problems associated with low productivity. In this context, issues related to the technical re-equipment of production were discussed. At the same time, the parties stressed the importance of improving the quality of modern education, ensuring the protection of property rights and minimizing the current administration.Khachatryan and Tracy also exchanged views on attracting investment, development of foreign trade relations and improving the business environment.According to the RA Statistical Committee, the foreign trade turnover between the RA and the USA increased in 2018 by 13.2% to $ 226.1 million. In this case, there isexport decline by 28% to $ 47.7m. while imports rose by 33.7% to $ 178.4 million.