Thursday, November 14 2019 22:56
Alina Hovhannisyan

Pashinyan: I am confident that the authorities of Armenia and the USA  are ready to reach a new level of relations

Pashinyan: I am confident that the authorities of Armenia and the USA  are ready to reach a new level of relations

ArmInfo. This year, a strategic dialogue was launched between Armenia and the USA, which has already achieved certain results. This was announced on November  14 by Prime Minister Nikol Pashinyan during his speech at an event  dedicated to the results of the year of activity of the US Chamber of  Commerce in the Republic of Armenia.

"The USA has significantly increased the volume of implemented  programs in Armenia. We consider this an important sign that  cooperation in the political and economic sectors should expand, "he  said.

The Prime Minister noted that for the development of  Armenian-American relations there is a large in the name of the  Diaspora, which carries out significant activities. "This is a factor  that suggests that relations between Armenia and the US need to be  raised to a new level. And I'm sure that the governments of the two  countries are ready to set themselves and solve this problem, "he  concluded.

It should be noted that, according to the Statistical Committee of  the Republic of Armenia, the foreign trade turnover between Armenia  and the United States in January-September 2019 increased by 20.4% to  $ 578.1mln. In particular, exports showed an increase of 59.4%,  amounting to $ 119 million, with an increase in imports by 13.2% to $  459.1 million.

The volume of US investments accumulated (from 1998 to June 2019) in  the Armenian economy amounted to about $ 460 million, of which  accumulated FDI amounted to about $ 265 million. In the first half of  the year, total US investments in Armenia amounted to $ 4.7 million,  of which FDI was only $ 502 thousand. 

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