Today, U.S. Under Secretary for Economic Growth, Energy, and the Environment Keith Krach visited Tirana and met with President Ilir Meta and Prime Minister Edi Rama. During his meetings, Under Secretary Krach expressed U.S. support for Albania’s progress toward EU accession, especially in anti-corruption and rule of law efforts which, when successful, will bring in more U.S. investments and business opportunities.
The Under Secretary’s visit was marked by two important milestones in the relations between our countries.
First, a Memorandum of Understanding on Economic Cooperation was signed by U.S. Under Secretary Krach and the Albanian Minister of Finance and Economy Anila Denaj. Afterward, Under Secretary Krach and Prime Minister Rama presided over the signing of the Skavica Hydropower project between the Albanian government and one of America’s best-known engineering and construction companies, Bechtel. This hydropower plant will help the country in its effort to increase energy capacity. Under Secretary Krach welcomed Albania’s interest in building the Skavica hydropower plant and expressed his belief that Bechtel would make an excellent partner.
Throughout his visit, Under Secretary Krach expressed appreciation for the strong partnership between Albania and the United State based on shared values. He reiterated U.S. commitment to a robust democracy in Albania, one which is economically prosperous, politically transparent, and serves the interests of all Albanians. On behalf of the U.S., Under Secretary Krach thanked Albania for always answering the call of the NATO Alliance and the United States. and promised that we will continue to assist Albania wherever possible.