USAID EDGE ABEE Officially Hands Over Investment Reform Roadmap to Armenia’s Minister of Economy

USAID EDGE Armenia Business Enabling Environment (ABEE) Activity hosted a joint ceremony with the Armenian Ministry of Economy to officially hand-over the government’s new Investment Reform Roadmap.

On Friday July 22nd the U.S. Agency for International Development (USAID) Armenia Business Enabling Environment (ABEE) Activity facilitated a joint ceremony with the Armenian Ministry of Economy to officially hand-over the government’s new Investment Reform Roadmap. USAID Mission Director, John Allelo, presented the Roadmap to Armenia’s Minister of Economy, Vahan Kerobyan.

Mr. Kerobyan appreciated the important work carried out by USAID and emphasized that the Roadmap, sets high expectations for Armenia’s economic future. ABEE international and local experts each shared presentations during the event to discuss key findings of the Roadmap. They also shared vital next steps to achieve the recommendations of the Roadmap, one of which is to attract and increase foreign direct investment in order to lead Armenia towards sustainable
economic growth.

After the Investment Reform Roadmap Event, ABEE Investment Policy Advisor, Declan Murphy, presented certificates to the graduates of his Masterclass program on best practice in investment policy and promotion. Many of the graduates were from Enterprise Armenia, which is Armenia’s national investment promotion authority.

About ABEE: The goal of the Business Enabling Environment Activity (ABEE) is to improve the enabling environment for trade and investment, deepen competition to promote inclusive and sustainable economic recovery and growth, and move Armenia along its path of economic security. The project supports the Government of Armenia in improving the quality of economic policymaking and in strengthening their ability to engage in a meaningful and constructive dialogue between the public and private sector.

ABEE Investment Reform Roadmap Event | USAID
Mission Director, John Allelo (right), presents the Roadmap to Armenia’s Minister of Economy, Vahan
Kerobyan (left) | Photo Credit: IDG Field Office Team
ABEE Investment Reform Roadmap Event | USAID Mission Director, John Allelo (right), presents the Roadmap to Armenia’s Minister of Economy, Vahan Kerobyan (left) | Photo Credit: IDG Field Office Team