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U.S. Expands USAID Programs in Armenia: Pashinyan and Huck Discuss Economic Cooperation

Nikol Pashinyan
Arshaluis Mgdesyan
20.09.24 20:45
130

During a recent meeting in Yerevan on September 20 between Armenian Prime Minister Nikol Pashinyan and U.S. Deputy Secretary of State Joshua Huck, key aspects of economic cooperation between the two countries were discussed.

The U.S. confirmed its readiness to continue supporting democratic reforms in Armenia. Special attention was given to expanding programs and increasing funding through the U.S. Agency for International Development (USAID). These measures are aimed at stimulating economic growth and developing Armenia’s institutional framework.

Prime Minister Pashinyan emphasized the dynamic nature of Armenian-American relations and the importance of U.S. support in implementing institutional reforms. He also noted the need for targeted programs backed by the U.S., particularly in infrastructure development, which could serve as a powerful driver of economic progress.

The parties discussed the agreements reached during the high-level Armenia-EU-U.S. meeting in Brussels in April and the progress in their implementation. This highlights that economic cooperation between Armenia and the U.S. is developing within the broader context of engagement with the European Union.

A key topic of the discussion was the Armenian government’s "Crossroads of the World" project, which could unlock new economic opportunities for the region. In this context, Pashinyan reaffirmed Armenia’s commitment to a peaceful agenda and ensuring regional stability, both of which are crucial for attracting investment and fostering economic ties.

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