Armenia and the U.S. will hold talks on granting Armenia the status of a market economy, the press service of the Armenian Ministry of Economy said.
It said the issue was discussed on Monday at the meeting of Minister Vahan Kerobyan and Deputy Chief of Mission at the Embassy of the United States of America Chip Leitinen.
"An agreement was reached on providing the U.S. with a report prepared by the Armenian side on obtaining the status of a country with a market economy and further negotiation processes," the press service reported.
Armenia’s economic freedom score in Heritage Foundation’s latest index is 65.3, making its economy the 58th freest in the 2022 Index.
Armenia is ranked 34th among 45 countries in the Europe region, and its overall score is below the regional average but above the world average.
Compared to the neighboring countries, Armenia is second only to Georgia (26th) with "mostly free" economy, while being ahead of Azerbaijan (75th) with "moderately free".
The two other neighbors of Armenia, Turkey is 107th with "mostly not free" and Iran is 170th with "repressed economy", i.e. subject to pressure by the authorities, ARKA reports.
See all the news
Gold is shining in the new geopolitical world
JSC “Rustavi Azot” was sold
We Are Creating An Innovative Co-Working Space In Tbilisi - Sergi Gvarjaladze
The Rich Often Enjoy Tax Break - Deputy Minister
Israel Got Acquainted With The Business Tourism Potential Of Georgia
Kettari Foundation became a partner of DATAFEST this year
Tata Power’s CEO Pays Visit to BMG
NEQSOL Holding has won defamation case against Communications Commission
Trip.com says China hotel bookings are surpassing pre-pandemic levels
Europe's largest crypto exchange WhiteBIT has partnered with Netflix
Interview with Albert Park, ADB’s Chief Economist - By Elene Kvanchilashvili, Forbes Georgia Executive Editor in Chief
Interview with #EBRD President Odile Renaud-Basso by Giorgi Isakadze, Editor in Chief of Forbes Georgia
Investigation Service detained two persons of the fact of evading a particularly large amount of tax
This year, the VIII international literature festival Odesa will be held in Batumi
Georgian Commercial Banks Boost Business loan portfolio for large enterprises
High blueberry exports from Georgia In July
#ForbesTalks - ინტერვიუ გიორგი ჯახუტაშვილთან / 10.08.2022
#ბარი: საუბრები წარმატებაზე ბარში - გიორგი ქადაგიძე, რევაზ ვაშაკიძე და გიორგი ისაკაძე - VII გადაცემა / 06.08.2022
#BMGDRIVE:„ადამიანები ვისაც ემუშავები მალე იცვლებიან, თანამდებობებს ტოვებენ - ეს პრობლემაა“ - მევლუდ მელაძე
#საქმიანები: მაია კეზევაძის ნამდვილი იმერული ესკიზები