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US Department of State
Nov 22 2013
United States-Armenia Joint Economic Task Force Meeting in Washington, DC
Media Note
Office of the Spokesperson
Washington, DC
November 22, 2013
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, for the 22nd
U.S.-Armenia Joint Economic Task Force (USATF).
Both sides held discussions on mechanisms to deepen economic ties,
increase trade and investment, and advance market reforms. 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 USATF is an annual bilateral meeting that promotes trade and
investment between the United States and Armenia. 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://www.state.gov/r/pa/prs/ps/2013/11/218006.htm
From: A. Papazian
Nov 22 2013
United States-Armenia Joint Economic Task Force Meeting in Washington, DC
Media Note
Office of the Spokesperson
Washington, DC
November 22, 2013
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, for the 22nd
U.S.-Armenia Joint Economic Task Force (USATF).
Both sides held discussions on mechanisms to deepen economic ties,
increase trade and investment, and advance market reforms. 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 USATF is an annual bilateral meeting that promotes trade and
investment between the United States and Armenia. 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://www.state.gov/r/pa/prs/ps/2013/11/218006.htm
From: A. Papazian