ArmInfo.The American Chamber of Commerce in Armenia (AmCham), in cooperation with the member-companies, is introducing new standards into Armenia's business culture, Armenia's Minister of Economy Vahan Kerobyan stated at an AmCham-hosted meeting.
Mr Kerobyan reminded the attendees of 12.6% GDP growth in Armenia last year, with the government programmes seriously contributing to it. In this context, the minister emphasized the economic modernization programme, with 901 deals worth over AMD 56bln effected last year.
Among the new important initiatives is the government-approved food security strategy of Armenia.
At the meeting, the AmCham summed up its activities over the last two years, presented the priorities and planned programmes.
The American Chamber of Commerce in Armenia (AmCham) is a totally independent and self-financed business association. AmCham is honored to work closely with the American Embassy in Armenia and to have it as an ex-officio member of the Board of Directors. However, it is not supported financially neither controlled by the American Embassy in Armenia.
The American Chamber of Commerce in Armenia is the leading business association in the country with 140+ members from all business segments. AmCham has been operating in Armenia continuously since 2000. Through advocacy efforts aimed at such areas as tax legislation and customs administration, AmCham represents its members' business interests in Armenia to the Armenian government, international organizations and to the wider business community. AmCham is pleased to have also British, French and other European companies as members. The Chamber maintains cordial contacts with European and other embassies and organizations.
AmCham provides an excellent source of information about Armenian business life by publishing the only English-language business magazine in Armenia and by hosting guest speakers from the Armenian government, international organizations and from leading businesses.
Last year, Armenia saw a 12.6% GDP growth (up to $19.5bln) against 5.7% in 2021, 7.6% in 2019. The capita GDP is $6,569.
