The economic component is a key item on the reforms agenda of the Government of Armenia. This is what Minister of Economy of Armenia Tigran Khachatryan said during a meeting with the delegation of the deputies of the Landtag of Saxony-Anhalt.

The members of the delegation were accompanied by Acting Charge d’Affaires of the Embassy of Germany in the Republic of Armenia Klaus Vendelberger, who introduced the delegates and emphasized that Saxony-Anhalt is actively collaborating with Armenia in several sectors and that there is a need to intensify economic cooperation as well.

Khachatryan presented Armenia’s current socio-economic indicators and attached importance to the need for actions for an export economy as well.

“The government has the desire and persistence to change the situation quickly. It is also committed to rule out the impact of corruption on the economy and ensure equal conditions,” he added.

Khachatryan also touched upon the results of Germany’s support to Armenia’s economy and attached importance to the programs for improvement of infrastructures supported by KfW Bank. The minister answered the deputies’ questions that were mainly related to Germany’s participation in the implementation of sectors and programs in and for which investments can be made.