Deputy Ministers of Economy of the Republic of Armenia Narek Hovakimyan and Lilya Sirakanian received Riccardo Giucci, Executive Director of the German Economic Team Berlin Economics, and Dmitry Chervyakov, the team’s program manager for Armenia. Lusine Gevorgyan, Chairwoman of the Tourism Committee of the RA Ministry of Energy, also attended the meeting.
Berlin Economics/German Economic Team, affiliated with the Federal Ministry for Economic Affairs and Climate Action of the Federal Republic of Germany, is an independent economic policy consulting firm that provides policy advisory support to Eastern European countries, including Armenia.
During the meeting, the German economic team presented their analysis of the Armenian economy and the upcoming steps to be taken. The parties exchanged views on the economic policy implemented in the Armenian economy, key macroeconomic indicators, economic diversification, export and import, fiscal policy, attracting foreign direct investment, and a number of issues related to the energy and tourism sectors.
The “Crossroads of Peace” project was also discussed, which can become essential to ensuring economic connectivity in the region.
