US to Provide $1.4 Million for Energy Projects in Armenia

US, Armenia to sign trade agreement
US, Armenia to sign trade agreement

Flags of Armenia and the United States

YEREVAN (Arka)—The US government will provide Armenia with $1.4 million for financing energy projects, said the Minister of Economic Development and Investments Suren Karayan said at a government meeting on Thursday.

The government approved on May 11 the signing of an additional agreement with the US government on a more competitive and diverse private sector program.

“Under the agreement, the US government will provide Armenia with additional funding of over $1.4 million, which will be used to finance USAID projects in Armenia’s energy sector,” Karayan said.

The total amount of US grants for this program totals $62.6 million.

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