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Expansion Of U.S. Investments In Armenia

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  • Expansion Of U.S. Investments In Armenia

    EXPANSION OF U.S. INVESTMENTS IN ARMENIA

    The United States is going to increase financial assistance to Armenia
    through different projects. It has been stated already that additional
    one million dollars will be allocated for an agricultural program. The
    mass media reported about possible resumption of Millennium Challenges
    in Armenia.

    Investments and direct assistance of the United States and European
    states have resulted in transformation of thinking of the society in
    Armenia. It has diversified essentially people's thinking where the
    pro-Russian sentiment was dominant a few years ago. Serzh Sargsyan's
    decision on joining the Customs Union was perceived in Armenia not
    as a logical choice but as a result of violence.

    Now, one needs to develop what has been achieved and not a lot of time
    will be needed to perceive Putin's policy as occupation. Moreover,
    Russia is not even trying to hide it. The absence of high-ranking
    Russian officials at the opening of the Armenian Cathedral was to
    highlight that Russia is not ashamed of its violence against Armenia
    and is not going to repent.

    In the meantime, the opening of the office of Oracle in Armenia
    indicates that the United States is likely to launch the second stage
    of diversification of Armenia. It is possible that Washington has
    understood that the best weapon is the investment expansion. Despite
    the risks that investments fear they can lead to change in Armenia,
    as in Georgia.

    In terms of economy, Armenia survived thanks to the loans of the World
    Bank and IMF, as well as assistance. Armenia received as much money
    as is needed to perform its minimum social duties to the population.

    Money is given for administration and economic reforms but the reforms
    obviously do not help achieve a self-sufficient economy in Armenia.

    Only big foreign investments and new technologies will help achieve
    that, and the United States apparently knows about it. In this context,
    it is not ruled out that the U.S. administration will call businessmen,
    mostly of Armenian origin, to invest money in Armenia under American
    "guarantees".

    Over the past few years the Armenian economy was thrown to the Russian
    Diaspora which has altogether ousted the Armenian Americans. Unlike
    the Russian government which uses Armenians living in their country as
    hostages, a blunt tool for its policy and potential victims of failure,
    the U.S. administration does not risk its citizens of Armenian origin
    and their capital. However, this attitude may change.

    Russia stepped in the battlefield and attacked the first. Now nothing
    is holding the United States back from counterattacks.

    The expansion of investments by the United States and Europe may
    change the arrangement of forces and may even prevent the official
    membership of Armenia to the Customs Union. In fact, the U.S.

    ambassador and EU officials have already stated that they will not
    give up on Armenia, even if it joins the Customs Union.

    Naira Hayrumyan 19:20 19/09/2013 Story from Lragir.am News:
    http://www.lragir.am/index/eng/0/comments/view/30926

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