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ARMENIA,UNITED STATES : US TO MAKE ITS FIRST HYDROPOWER INVESTMENT IN ARMENIA
TendersInfo
November 27, 2013 Wednesday
The U.S. Department of State has revealed that the Armenian Finance
Minister - Davit Sargsyan has landed in the United States on 22nd of
this month with a high-profile squad to attend the 22nd Edition of
US Armenia Joint Economic Task Force (USATF) meeting.
The USATF, an annual bilateral meeting, encourages trade and investment
involving the two nations.
The US Department of State has greeted the Armenian delegation
comprising Deputy Minister of Foreign Affairs Ashot Hovakimian and
Armenian Ambassador to the United States Tatoul Markarian, under the
leadership of Sargsyan.
The two parties have discussed on devices to expand economic
relationships, boost trade and investment, as well as promote market
transformations.
Both the nations have expressed their pleasure over the US firm
Contour Global s $180 million worth of investment plans for the
Armenian hydropower industry.
The planned investment, part of which is likely to be made by the U.S.
Overseas Private Investment Corporation, reflects the biggest US
private sector investment in the narration of Armenia. Moreover,
the investment will be the maiden investment from the United States
into the vital energy space of Armenia.
The USATF participants have made discussions on the reciprocal
initiation of a visa easing procedure aimed at a visa-free system
for the American travelers and ten-year multiple entry visas for
the people of Armenia, facilitating augmented trade and investment
amid the two countries. The US has also supported execution of civil
aviation liberalization reforms by Armenia.
The US has emphasized on the selection of Armenia as one of 20 focus
nations for the Science, Technology, Innovation, and Partnerships
under the U.S. Agency for International Development (USAID). This
scheme has made the two countries to assume a signature endeavor in
the clean energy and water sectors.
The 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 were present at
the 22nd USATF to represent the Government of United States. The event
was also attended by the U.S. Ambassador to the Republic of Armenia
John A. Heffern and USAID Armenia Mission Director Karen Hilliard.Copyright © Euclid Infotech Pvt.
Ltd.Provided by Syndigate.info, an Albawaba.com company
From: Emil Lazarian | Ararat NewsPress
TendersInfo
November 27, 2013 Wednesday
The U.S. Department of State has revealed that the Armenian Finance
Minister - Davit Sargsyan has landed in the United States on 22nd of
this month with a high-profile squad to attend the 22nd Edition of
US Armenia Joint Economic Task Force (USATF) meeting.
The USATF, an annual bilateral meeting, encourages trade and investment
involving the two nations.
The US Department of State has greeted the Armenian delegation
comprising Deputy Minister of Foreign Affairs Ashot Hovakimian and
Armenian Ambassador to the United States Tatoul Markarian, under the
leadership of Sargsyan.
The two parties have discussed on devices to expand economic
relationships, boost trade and investment, as well as promote market
transformations.
Both the nations have expressed their pleasure over the US firm
Contour Global s $180 million worth of investment plans for the
Armenian hydropower industry.
The planned investment, part of which is likely to be made by the U.S.
Overseas Private Investment Corporation, reflects the biggest US
private sector investment in the narration of Armenia. Moreover,
the investment will be the maiden investment from the United States
into the vital energy space of Armenia.
The USATF participants have made discussions on the reciprocal
initiation of a visa easing procedure aimed at a visa-free system
for the American travelers and ten-year multiple entry visas for
the people of Armenia, facilitating augmented trade and investment
amid the two countries. The US has also supported execution of civil
aviation liberalization reforms by Armenia.
The US has emphasized on the selection of Armenia as one of 20 focus
nations for the Science, Technology, Innovation, and Partnerships
under the U.S. Agency for International Development (USAID). This
scheme has made the two countries to assume a signature endeavor in
the clean energy and water sectors.
The 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 were present at
the 22nd USATF to represent the Government of United States. The event
was also attended by the U.S. Ambassador to the Republic of Armenia
John A. Heffern and USAID Armenia Mission Director Karen Hilliard.Copyright © Euclid Infotech Pvt.
Ltd.Provided by Syndigate.info, an Albawaba.com company
From: Emil Lazarian | Ararat NewsPress