US Ambassador: Reforms in Armenia can be a good basis for further  deepening bilateral trade and economic ties

ArmInfo. Armenian Deputy Prime Minister Tigran Avinyan received US Ambassador to RA Lynne Tracy.

As the Deputy Prime Minister's office reports, Avinyan highly  appreciated the existing level of Armenian-American relations. He  expressed confidence that by joint efforts it will be possible to  achieve deepening of mutually beneficial bilateral relations in  various fields.

The Armenian Deputy Prime Minister presented the "Work Armenia"  program, as well as steps taken by the RA government to modernize the  public administration system, strengthen capacities and improve the  business environment. An exchange of views took place on increasing  the participation of the American side in these initiatives.  Lynne  Tracy, in her turn, noted that the reforms implemented in Armenia can  be a good basis for further deepening trade and economic ties. The  parties also touched upon the prospects for cooperation in the areas  of trade and the economy and high technology. According to the  National Statistical Committee of Armenia, the foreign trade turnover  of Armenia and the United States in January-December 2018 amounted to  about $ 226.1 million, with an increase of 13.2%. At the same time,  exports fell by 28% to $ 47.7 million, while imports grew by 33.7% up  to $ 178.4 million