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Armenia and US discuss bilateral launch of visa liberalization process
November 23, 2013 | 14:53
The 22nd U.S.-Armenia Joint Economic Task Force (USATF) was held in
Washington on Friday.
On November 22, the U.S. Department of State welcomed Armenian
Minister of Finance Davit Sargsyan and his delegation, including
Deputy Minister of Foreign Affairs Ashot Hovakimian and Armenian
Ambassador to the United States Tatoul Markarian
Both sides held discussions on mechanisms to deepen economic ties,
increase trade and investment, and advance market reforms, says the
statement issued by State Department.
Armenia and the United States welcomed the new $180 million investment
in Armenia's hydropower sector by the U.S. company Contour Global.
This investment, which is expected to be partially financed by the
U.S. Overseas Private Investment Corporation, represents the largest
U.S. private investment in Armenia's history and the first U.S.
investment in Armenia's critical energy sector. Participants discussed
the bilateral launch of a visa liberalization process with the goal of
achieving a visa-free regime for American travelers and ten-year
multiple entry visas for Armenians, leading to increased bilateral
trade and investment. The United States also encouraged implementation
of Armenia's civil aviation liberalization reforms.
The United States highlighted Armenia's selection as one of 20 focus
countries for the U.S. Agency for International Development's (USAID)
Science, Technology, Innovation, and Partnerships. Through this
initiative, both countries have agreed to undertake a signature effort
in the areas of clean energy and water.
The U.S. Government was represented by Deputy Assistant Secretary of
State for European and Eurasian Affairs Eric Rubin, USAID Assistant
Administrator Paige Alexander, and Coordinator of Assistance for
Europe Daniel Rosenblum. The U.S. Ambassador to the Republic of
Armenia John A. Heffern and USAID Armenia Mission Director Karen
Hilliard also attended.
http://news.am/eng/news/182237.html
November 23, 2013 | 14:53
The 22nd U.S.-Armenia Joint Economic Task Force (USATF) was held in
Washington on Friday.
On November 22, the U.S. Department of State welcomed Armenian
Minister of Finance Davit Sargsyan and his delegation, including
Deputy Minister of Foreign Affairs Ashot Hovakimian and Armenian
Ambassador to the United States Tatoul Markarian
Both sides held discussions on mechanisms to deepen economic ties,
increase trade and investment, and advance market reforms, says the
statement issued by State Department.
Armenia and the United States welcomed the new $180 million investment
in Armenia's hydropower sector by the U.S. company Contour Global.
This investment, which is expected to be partially financed by the
U.S. Overseas Private Investment Corporation, represents the largest
U.S. private investment in Armenia's history and the first U.S.
investment in Armenia's critical energy sector. Participants discussed
the bilateral launch of a visa liberalization process with the goal of
achieving a visa-free regime for American travelers and ten-year
multiple entry visas for Armenians, leading to increased bilateral
trade and investment. The United States also encouraged implementation
of Armenia's civil aviation liberalization reforms.
The United States highlighted Armenia's selection as one of 20 focus
countries for the U.S. Agency for International Development's (USAID)
Science, Technology, Innovation, and Partnerships. Through this
initiative, both countries have agreed to undertake a signature effort
in the areas of clean energy and water.
The U.S. Government was represented by Deputy Assistant Secretary of
State for European and Eurasian Affairs Eric Rubin, USAID Assistant
Administrator Paige Alexander, and Coordinator of Assistance for
Europe Daniel Rosenblum. The U.S. Ambassador to the Republic of
Armenia John A. Heffern and USAID Armenia Mission Director Karen
Hilliard also attended.
http://news.am/eng/news/182237.html