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J. HEFFERN: "ARMENIA AND THE USA HAVE POTENTIAL TO DEVELOP ECONOMICAL RELATIONS"
http://times.am/?l=en&p=4794
15.02.12, 14:12
Today a five-year program financed by United State Aid International
Development (USAID) started officially in Armenia. The program is
named "Enterprise Development and market competition". US Ambassador
to Armenia John Heffern attended the event. As he noted in his speech
the USA had serious aims to work with Armenia.
According to him the US mission in Armenia has three main directions:
regional programs, elections and the economy.
"Armenia and the USA have good potential to develop the relations, but
today the volume of trade between Armenia and the USA is really small.
Even with close border Armenia has bigger trade volume with Turkey
that it has with the USA", the Ambassador said ensuring that Armenia
and the USA may do more in trade-economical sphere.
So, according to him the situation must be changed. As he noted every
time with the meeting of Armenian Ministry of Economy they underline
the importance of foreign investments. US official also rated the
existence of the economical competition in Armenia.
J. Heffern underlined that there were some positive points as
Armenia has improved its place with 6 points according to the Doing
Business 2012 list by the World Bank. Now Armenia is the 55th among
183 countries. "This is not an excellent index but the progress in
obvious", the Ambassador said.
Note that the "Enterprise Development and market competition" program
by the USAID will be fulfilled jointly by the Armenian Ministry of
Economics and Pragma Corporation. The project aims to create better
conditions for Armenian middle business, assist market competition
and push the innovations.
http://times.am/?l=en&p=4794
15.02.12, 14:12
Today a five-year program financed by United State Aid International
Development (USAID) started officially in Armenia. The program is
named "Enterprise Development and market competition". US Ambassador
to Armenia John Heffern attended the event. As he noted in his speech
the USA had serious aims to work with Armenia.
According to him the US mission in Armenia has three main directions:
regional programs, elections and the economy.
"Armenia and the USA have good potential to develop the relations, but
today the volume of trade between Armenia and the USA is really small.
Even with close border Armenia has bigger trade volume with Turkey
that it has with the USA", the Ambassador said ensuring that Armenia
and the USA may do more in trade-economical sphere.
So, according to him the situation must be changed. As he noted every
time with the meeting of Armenian Ministry of Economy they underline
the importance of foreign investments. US official also rated the
existence of the economical competition in Armenia.
J. Heffern underlined that there were some positive points as
Armenia has improved its place with 6 points according to the Doing
Business 2012 list by the World Bank. Now Armenia is the 55th among
183 countries. "This is not an excellent index but the progress in
obvious", the Ambassador said.
Note that the "Enterprise Development and market competition" program
by the USAID will be fulfilled jointly by the Armenian Ministry of
Economics and Pragma Corporation. The project aims to create better
conditions for Armenian middle business, assist market competition
and push the innovations.