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Armenia And Us Sign Memorandum To Cooperate In Energy Field

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  • Armenia And Us Sign Memorandum To Cooperate In Energy Field

    ARMENIA AND US SIGN MEMORANDUM TO COOPERATE IN ENERGY FIELD

    news.am
    October 18, 2012 | 18:10

    YEREVAN. - Armenian government signed cooperation memorandum on
    energy sector with the United States. The document was signed after
    the session of the Armenian-American Working Group on Economic Affairs
    held on Thursday.

    The meeting was chaired by Armenian Finance Minister Vache Gabrielyan
    and Coordinator of U.S. Assistance to Europe and Eurasia Daniel
    Rosenblum.

    The delegations reached arrangement on cooperation in several
    initiatives which may give an impetus to bilateral trade and
    investments.

    The discussion focused on formation of most favorable environment
    for business with the emphasis on customs policy, fair competition,
    intellectual property rights and cooperation in energy sector. One of
    the issues was the prolonging terms of exploitation of Armenian NPP,
    assistance to safety, hydropower and renewable energy sources as well
    as U.S. involvement in regional energy projects.

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