Armenia, U.S. discuss possibility of making PayPal available in  Armenia 

ArmInfo.Armenian Minister of Economy Vahan Kerobyan received a delegation led by U.S. Assistant Secretary of Commerce for Global Markets Arun Venkataraman.

According to the press service of the Ministry of Economy, the  interlocutors discussed a wide range of issues of the  Armenian-American economic cooperation. In particular, the parties  touched upon the possibilities of expanding economic cooperation,  diversifying and intensifying mutual trade, exporting American  products through the GSP system, stimulating cooperation between the  financial bodies of Armenia and the United States, and developing  green energy.

The prospects of PayPal payment services availability in Armenia and  the activities of Armenian unicorn companies in the US were also  among the issues discussed.

It should be noted that according to the RA Statistical Committee,  the foreign trade turnover between Armenia and the United States in  2022 increased 2.2-fold, amounting to $464.7 million. At the same  time, exports decreased by 4.4% to $78.2 million. While imports  increased 3.1-fold to $386.5 million.