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PRESS RELEASE
Armenian Assembly
CONTACT: Christine Kojoian
May 07, 2008
Phone: (202) 393-3434
Web: www.aaainc.org <http://www.aaainc.org/>
E-mail: [email protected]
MCC CEO MEETS WITH ARMENIAN COMMUNITY LEADERS IN CALIFORNIA
Washington, DC - On May 1, Armenian Assembly representatives attended a
community briefing by Ambassador John J. Danilovich, CEO of the
Millennium Challenge Corporation (MCC) in Los Angeles, CA. The event
was hosted by Armenian Caucus Member Rep. Adam Schiff (D-CA).
Danilovich offered a first-hand account of MCC's work in Armenia for the
past several years. The agency signed a five-year, $235.65 million
Compact with the Armenian government in 2005 to improve irrigation
systems and rehabilitate roads.
Former Assembly Board of Trustees Member Richard Mushegain and Assembly
Western Office Director Lena Kaimian attended the event, which included
Armenian Consul General Armen Liloyan and community leaders representing
various organizations.
"MCC was pleased to participate in this meeting, co-hosted by the Office
of Congressman Adam Schiff, as a forum for open and honest dialogue
among friends and partners of the people of Armenia," said Aaron H.
Sherinian, Managing Director of Public Affairs for MCC. "This latest
meeting is part of MCC's ongoing commitment to transparency regarding
the progress of its innovative programs, in places like Armenia that are
helping reduce poverty through economic growth."
MCC is a U.S. government agency that was established in 2004 to reduce
poverty and advance economic growth in developing countries like
Armenia. It is based on the principle that foreign aid is most effective
when it reinforces good governance, economic freedom and investments in
people. MCC compact eligibility is based on a country's performance
based on a set of 17 independent eligibility indicators. As part of
MCC's unique approach to government assistance, partner countries must
adhere to these indicators in order to receive funding for a large-scale
poverty reduction grant, or MCC Compact.
Established in 1972, the Armenian Assembly of America is the largest
Washington-based nationwide organization promoting public understanding
and awareness of Armenian issues. It is a 501 (c) (3) tax-exempt
membership organization.
###
NR#2008-050
From: Emil Lazarian | Ararat NewsPress
Armenian Assembly
CONTACT: Christine Kojoian
May 07, 2008
Phone: (202) 393-3434
Web: www.aaainc.org <http://www.aaainc.org/>
E-mail: [email protected]
MCC CEO MEETS WITH ARMENIAN COMMUNITY LEADERS IN CALIFORNIA
Washington, DC - On May 1, Armenian Assembly representatives attended a
community briefing by Ambassador John J. Danilovich, CEO of the
Millennium Challenge Corporation (MCC) in Los Angeles, CA. The event
was hosted by Armenian Caucus Member Rep. Adam Schiff (D-CA).
Danilovich offered a first-hand account of MCC's work in Armenia for the
past several years. The agency signed a five-year, $235.65 million
Compact with the Armenian government in 2005 to improve irrigation
systems and rehabilitate roads.
Former Assembly Board of Trustees Member Richard Mushegain and Assembly
Western Office Director Lena Kaimian attended the event, which included
Armenian Consul General Armen Liloyan and community leaders representing
various organizations.
"MCC was pleased to participate in this meeting, co-hosted by the Office
of Congressman Adam Schiff, as a forum for open and honest dialogue
among friends and partners of the people of Armenia," said Aaron H.
Sherinian, Managing Director of Public Affairs for MCC. "This latest
meeting is part of MCC's ongoing commitment to transparency regarding
the progress of its innovative programs, in places like Armenia that are
helping reduce poverty through economic growth."
MCC is a U.S. government agency that was established in 2004 to reduce
poverty and advance economic growth in developing countries like
Armenia. It is based on the principle that foreign aid is most effective
when it reinforces good governance, economic freedom and investments in
people. MCC compact eligibility is based on a country's performance
based on a set of 17 independent eligibility indicators. As part of
MCC's unique approach to government assistance, partner countries must
adhere to these indicators in order to receive funding for a large-scale
poverty reduction grant, or MCC Compact.
Established in 1972, the Armenian Assembly of America is the largest
Washington-based nationwide organization promoting public understanding
and awareness of Armenian issues. It is a 501 (c) (3) tax-exempt
membership organization.
###
NR#2008-050
From: Emil Lazarian | Ararat NewsPress