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Obama Budget Calls For Record Low Level Of Aid To Armenia

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  • Obama Budget Calls For Record Low Level Of Aid To Armenia

    OBAMA BUDGET CALLS FOR RECORD LOW LEVEL OF AID TO ARMENIA

    10:45, 03 Feb 2015
    Siranush Ghazanchyan

    The Obama-Biden Administration budget released today calls for a yet
    another reduction in U.S. economic assistance to both Armenia and
    Azerbaijan, while maintaining parity in military aid to these two
    countries, reported the Armenian National Committee of America (ANCA).

    The President's proposal of $18,360,000 in Economic Support Funds
    for Armenia in Fiscal Year (FY) 2016 would, if approved by Congress,
    represent a record low in such aid since Armenia's independence. The
    White House's proposal for Armenia is over $2 million less than FY
    2014's actual economic aid allocation, and less than half of the $40
    million requested in a Congressional Armenian Caucus letter and ANCA
    Congressional testimony submitted last year.

    "The White House must match its relentless reductions in aid to
    Armenia with an equally energetic effort to substantially increase
    bilateral trade and investment between our two nations," stated ANCA
    Executive Director Aram Hamparian. "It's not too late for President
    Obama, who came into office promising to grow U.S.-Armenia economic
    relations, to negotiate a Trade and Investment Framework Agreement,
    put in place a badly-needed new Tax Treaty, and organize targeted
    trade missions promoting cooperation in IT, health care, education,
    tourism and other key sectors of Armenia's economy."

    The White House's proposal did, however, maintain parity in terms of
    appropriated military aid, with International Military Education and
    Training (IMET) assistance set at $600,000 and Foreign Military Finance
    (FMF) at $1,700,000. "While we remain deeply troubled that the Obama
    Administration - in the wake yet another wave of fatal cross-border
    Azerbaijani aggression - would propose any military aid at all to
    Ilham Aliyev's armed forces, we do appreciate that, in this context,
    the principle of military aid parity has been maintained to both
    Armenia and Azerbaijan," added Hamparian.

    The Administration's budget does not include any figures for aid to
    Nagorno Karabakh, although, over the past several years USAID has
    allocated $2,000,000 annually for this purpose.

    In the coming months, the ANCA will be working with the Congressional
    Armenian Caucus and Senate and House Appropriators to increase
    assistance to Armenia and Nagorno Karabakh and zero-out all military
    assistance to Azerbaijan. "We urge Congress, during their consideration
    of the foreign aid bill, to increase aid to Armenia and Artsakh,
    cut all military aid to Azerbaijan, and support our other foreign
    aid policy priorities," noted Hamparian.

    Economic Support FundForeign Military FinancingInt'l
    Military Education & TrainingInt'l Narcotics Control & Law
    Enforcement Armenia$18,360,000$1,700,000$600,000$1,700,000
    Azerbaijan$7,978,000$1,700,000$600,000$800,000 Georgia:$50,552,000$
    0$2,200,000$3,500,000

    http://www.armradio.am/en/2015/02/03/obama-budget-calls-for-record-low-level-of-aid-to-armenia/

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