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USATF ACTION PLAN SIGNED

YEREVAN, MARCH 23, ARMENPRESS: On March 23, Minister of Finance and Economy Vartan Khachatrian and U.S. Ambassador John Evans signed the Action Plan of the most recent meeting of the U.S.-Armenia Task Force on Economic Cooperation (USATF). The current document highlights areas in which the two governments are cooperating in the fields of development assistance.

“This Action Plan is our development roadmap,” said Ambassador Evans of the signing ceremony. “It helps us set clear goals and ensures that we are cooperating as governments toward a bright future for the Armenian people.”

Topics in the 30-point action plan include ways to improve fiscal administration, strengthen the banking sector, fight corruption, engage the business community, meet Armenia’s needs in the public service sector and strengthen ongoing cooperation in the agricultural and humanitarian sectors. The document also acknowledges the Government of Armenia’s eligibility for the Millennium Challenge Account (MCA) and the need to register progress in MCA eligibility areas. The signing was preceded by a series of working-level meetings on each of these items between officials of the U.S. Embassy and USAID and various Government of Armenia ministries. USAID-Armenia Director Robin Phillips also participated in the event.

The U.S.-Armenia Task Force on Economic Cooperation was established in January 2000 as a way to institutionalize government-to-government dialogue on development issues, promote further economic cooperation and maximize the effectiveness of assistance programs implemented by the United States Government. Meetings are held twice a year (once in the United States and once in Armenia). The next USATF meeting is tentatively scheduled to be held in May 2005 in Yerevan.

The United States Government has provided over 1.5 billion dollars of assistance to the Republic of Armenia over the past decade.

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