On April 3, the Chair of the NA Standing Committee on Financial-Credit and Budgetary Affairs Tsovinar Vardanyan met with the Managing Director at the Independent Consulting Organization Berlin Economics Riccardo Giucci, the organization’s representative for Armenia Dmitry Cherviakov, the Executive Director of the German Economic Association Meri Navasardyan, and the delegation member Jente Mork.
The Managing Director of the Independent Consulting Organization Berlin Economics Riccardo Giucci presented the analyses and studies made on the indicators of the research conducted by the company in the economic and energy sectors of Armenia, and answered the questions raised. Presenting the results of the analysis conducted in the economic sector, Riccardo Giucci, in particular, noted that in Armenia, the GDP expressed in the USD has doubled over the past 5-6 years. “Here, the GDP per capita is higher than, for example, in neighboring Azerbaijan,” the speaker noted.
The signing of the Peace Treaty with Azerbaijan was touched upon in the event of the positive impact of the document on the economy of our country. According to the presented analysis, the signing of the Peace Treaty between the two countries will also contribute to direct trade with Türkiye, the development of tourism between the two countries, the increase in foreign direct investments in Armenia, and the reduction of expenses.
Expressing gratitude for the analysis carried out, the Committee Chair Tsovinar Vardanyan attached importance to the signing of the Peace Treaty, mentioning that if signed, it will have a positive impact on the region both in terms of ensuring peace and in economic terms.
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