Current Strategy (2009-2013)

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Over the five-year period the USG can and will work to accomplish this strategy by focusing on the following areas:

Peace and Security

The Mission’s efforts focused on cross-border relations will increase in intensity and will support initiatives to promote regional cooperation. Achieving a rapprochement with neighboring Turkey will lead to short-term improvements to Armenia's economic development and regional stability, and incalculable benefits for Armenia's long-term future.

Economic Growth

Our activities in the area of Economic Growth are directed towards improving national competitiveness and unleashing the potential of the private sector and increasing research and development to foster innovation. More specifically, our new programs will work in:

Fiscal Policy: USAID new project will support the reform at the State Revenue Committee to improve tax processes and make them more business friendly. Special attention will be given to audit, VAT refund and taxpayers services.

Trade and Investment: USAID is planning a new program that will aim to increase exports and remove constraints to investment and trade by providing technical assistance, training, and capacity building to the Government of Armenia and the private sector.

Financial sector: New activities in this area will build upon previous achievements to ensure the financial sector enabling environment development. More specifically, through targeted assistance USAID will ensure that the financial system is transparent, stable, sound, and safe, as well as will focus on working with the intermediaries on increasing access to financing to SMEs.

Energy: To achieve a long-term goal to help Armenia to strengthen the foundation for its energy independence and security USAID will provide long-term advisory services to the Government in ensuring that the new Nuclear Unit meets western safety and environmental standards. Proposed technical assistance will also help to improve enabling environment for development of renewable energy in Armenia and support Armenia’s integration to regional energy systems and markets.

Water: USAID new program will complement previous work done in the sector and assist the county in completion of reforms gaps, specifically focusing on water and sanitation sector financial options, improvement of regulatory environment and water quality assurance procedures, as well as carry out focused relative risk analysis to identify wastewater investment priorities needed to minimize risk of food crop contamination from irrigation water.

Communications: New activity will work to support and accelerate telecommunications reform in Armenia through assisting to create technically competent and publicly responsible regulatory oversight, which is an essential part of the necessary infrastructure.