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ZHOGHOVURD: US DECIDES TO ALTER TACTIC IN ARMENIA
10:29 * 03.04.15
US Ambassador to Armenia Richard Mills stated on Thursday that the
United States intends to deepen its involvement in Armenia's economy.
The USA is the fifth largest trade partner of Armenia, and this fact
can be welcomed. However, the USA likes being leader, and it must do
it if it can, Mr Mills said at a business forum organized by the HSBC
Bank Armenia.
The newspaper has repeatedly raised the issue of the USA's intention
to alter its tactic in Armenia. The USA had provided financial aid
to Armenia to strengthen its influence on the region.
After Armenia decided in favor of the Eurasian Economic Union (EEU),
the USA realized that after investing dozens of millions in Armenia
it did not actually get any means of business influence. Russia,
however, has control of considerable part of Armenia's economy along
with dozens of millions taken out of the country.
So the USA decided to stop allocating money for ineffective projects.
Rather, it will make investments. The US ambassador's statement is
actually an official notification of the new tactic.
The "first swallow" was the purchase of the Vorotan coordinated
hydroelectric system by a US company.
http://www.tert.am/en/news/2015/04/03/joghovurd/1635970
10:29 * 03.04.15
US Ambassador to Armenia Richard Mills stated on Thursday that the
United States intends to deepen its involvement in Armenia's economy.
The USA is the fifth largest trade partner of Armenia, and this fact
can be welcomed. However, the USA likes being leader, and it must do
it if it can, Mr Mills said at a business forum organized by the HSBC
Bank Armenia.
The newspaper has repeatedly raised the issue of the USA's intention
to alter its tactic in Armenia. The USA had provided financial aid
to Armenia to strengthen its influence on the region.
After Armenia decided in favor of the Eurasian Economic Union (EEU),
the USA realized that after investing dozens of millions in Armenia
it did not actually get any means of business influence. Russia,
however, has control of considerable part of Armenia's economy along
with dozens of millions taken out of the country.
So the USA decided to stop allocating money for ineffective projects.
Rather, it will make investments. The US ambassador's statement is
actually an official notification of the new tactic.
The "first swallow" was the purchase of the Vorotan coordinated
hydroelectric system by a US company.
http://www.tert.am/en/news/2015/04/03/joghovurd/1635970