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American biggest companies apply to President Obama to support
U.S.-Armenia economic relations
15:30, 8 December, 2012
DECEMBER 8, YEREVAN: A broad range of American companies doing
business in Armenia, including Microsoft, FedEx, and NASDAQ, have, in
letters shared with the U.S. Embassy, called upon the Obama
Administration to take concrete action prioritizing the growth of
U.S.-Armenia economic relations through the negotiation of a bilateral
Trade and Investment Framework Agreement (TIFA). As The Armenian
National Committee of America informed ''Armenpress'', ANCA, in the
interest of job-creation in both America and Armenia, is actively
engaged with the White House, the U.S. Trade Representative, the
Congress, and the Departments of State, Treasury and Commerce in
support of a broad array of practical steps and policies to promote
U.S.-Armenia economic and commercial relations.
The Armenian government has long been on record requesting that its
U.S. partners join with them in negotiating a TIFA, as well as a
much-needed Double Tax Treaty. President Obama promised, during his
2008 campaign, to foster expanded trade with Armenia. U.S. Ambassador
to Armenia, John Heffern, for his part, during his confirmation
process, also spoke of his interest in expanding the U.S.-Armenia
trade relationship.
Copies of the letters, addressed to President Obama, were handed to
Ambassador Heffern today during his meetings with Armenian American
organizations and community members in the Los Angeles area.
These firms employ thousands in Armenia and world-wide, generate tens
of millions of dollars in revenues, and are engines of progress,
friendship, and cooperation for both nations. Among those joining
with Microsoft, FedEx, and NASDAQ in petitioning for a TIFA were:
Marriott, Ameria Banking Group, Grant Thornton, Tufenkian Heritage
Hotels, Altacode, Levon Travel, Unicomp, Synopsys, Megerian Carpet,
National Instruments, Mentor Graphics, First Mortgage, Geoteam,
Hylink, LC Distribution, Linkgard Systems and others.
U.S.-Armenia economic relations
15:30, 8 December, 2012
DECEMBER 8, YEREVAN: A broad range of American companies doing
business in Armenia, including Microsoft, FedEx, and NASDAQ, have, in
letters shared with the U.S. Embassy, called upon the Obama
Administration to take concrete action prioritizing the growth of
U.S.-Armenia economic relations through the negotiation of a bilateral
Trade and Investment Framework Agreement (TIFA). As The Armenian
National Committee of America informed ''Armenpress'', ANCA, in the
interest of job-creation in both America and Armenia, is actively
engaged with the White House, the U.S. Trade Representative, the
Congress, and the Departments of State, Treasury and Commerce in
support of a broad array of practical steps and policies to promote
U.S.-Armenia economic and commercial relations.
The Armenian government has long been on record requesting that its
U.S. partners join with them in negotiating a TIFA, as well as a
much-needed Double Tax Treaty. President Obama promised, during his
2008 campaign, to foster expanded trade with Armenia. U.S. Ambassador
to Armenia, John Heffern, for his part, during his confirmation
process, also spoke of his interest in expanding the U.S.-Armenia
trade relationship.
Copies of the letters, addressed to President Obama, were handed to
Ambassador Heffern today during his meetings with Armenian American
organizations and community members in the Los Angeles area.
These firms employ thousands in Armenia and world-wide, generate tens
of millions of dollars in revenues, and are engines of progress,
friendship, and cooperation for both nations. Among those joining
with Microsoft, FedEx, and NASDAQ in petitioning for a TIFA were:
Marriott, Ameria Banking Group, Grant Thornton, Tufenkian Heritage
Hotels, Altacode, Levon Travel, Unicomp, Synopsys, Megerian Carpet,
National Instruments, Mentor Graphics, First Mortgage, Geoteam,
Hylink, LC Distribution, Linkgard Systems and others.