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  • US Congress To Hold Hearings For Determining Volumes Of Aid To Be Pr

    US CONGRESS TO HOLD HEARINGS FOR DETERMINING VOLUMES OF AID TO BE PROVIDED TO ARMENIA

    /PanARMENIAN.Net/
    09.06.2009 18:33 GMT+04:00

    /PanARMENIAN.Net/ In fiscal year 2010, Obama Administration plans
    to allocate to Armenia financial assistance in the amount of $ 30
    million. The sum exceeds last years' allocations by $ 6 million or 20%
    percent, Philip Gordon, US Assistant Secretary for Europe and Eurasia
    Affairs, told journalists today. "US Congress will hold hearing devoted
    to the issue, so it's better to wait till they are over. I think,
    amounts for financial assistance will increase after the hearing,"
    American diplomat noted.

    US Ambassador to Armenia Mary Jovanovich noted in her turn that budget
    for fiscal year 2010 has not yet been approved, hence no predictions
    can be made in advance. "All I can say is that Administration has
    decided to provide large-scale financial assistance to Azerbaijan,
    considering its interests in Caspian Basin. Besides, US and Azerbaijan
    are implementing a number of joint projects in many spheres,"
    Jovanovich stressed.

    US Administration reduced amounts of financial assistance to Armenia
    for fiscal year 2010. Draft budget also breaches parity principle in
    providing military assistance to Armenia and Azerbaijan. In particular,
    US Administration proposes $ 30 million to Armenia for fiscal year
    2010. Furthermore, budget does not contain clause on providing military
    assistance to Nagorno Karabakh, whereas last year's allocations to
    the country comprised USD 8 million.

    In the meantime, US Administrations proposes military assistance
    in the amount of USD 3 million to Armenia and USD 4 million - to
    Azerbaijan. Within the frames of Military training program (IMET)
    Armenia and Azerbaijan will receive $450 thousand and $900 thousand
    respectively.
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