MILLENNIUM CHALLENGE CORPORATION APPROVES 2007 ARMENIA<br /> ASSISTANCE PROGRAM<br />


MILLENNIUM CHALLENGE CORPORATION APPROVES 2007 ARMENIA
ASSISTANCE PROGRAM

  • 09-11-2006 20:15:00   | Armenia  |  Economy
YEREVAN, NOVEMBER 9, NOYAN TAPAN. The Board of Directors of the Millennium Challenge Corporation approved Armenia as a country eligible for assistance in 2007, taking the annual performance into account. Thomas Adams, Co-chair of the US-Armenia Task Force, Co-ordinator of the Office of the US Assistance to Europe and Eurasia of the US State Department, stated this during the November 9 meeting with the RA Prime Minister Andranik Margarian. At the same time he noted that there are some reservations regarding the declined indices. A. Margarian assessed as efficient the work of the US-Armenia Task Force (USATF), noting that various issues related to promotion of the economic cooperation between the two countries, increasing the efficiency of the assistance programs implemented by the US government are discussed at regularly convened sittings of the USATF. A. Margarian thanked the representative of the Millennium Challenge Corporation and Thomas Adams, expressing a hope that the existing problems will be solved thanks to bilateral efforts. T. Adams said that all the problems to de discussed at the regular sitting of the USATF have already been considered in detail with the co-chairs and the ministers interested during this visit. He presented briefly the results of the meetings with the RA president, the RA prosecutor general and the minister of energy. T. Adams also addressed issues related to the strengthening of democracy and the holding of the upcoming elections in line with international standards, the US assistance and the Armenian government's efforts in this direction, and the fight against corruption.
  -   Economy