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ANCA: Rep. Andrews Calls for Expanding U.S.-Armenia Trade

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  • ANCA: Rep. Andrews Calls for Expanding U.S.-Armenia Trade

    Armenian National Committee of America
    1711 N Street, NW
    Washington, DC 20036
    Tel. (202) 775-1918
    Fax. (202) 775-5648
    Email. [email protected]
    Internet www.anca.org

    PRESS RELEASE

    October 4, 2010
    Contact: Elizabeth S. Chouldjian
    Tel: (202) 775-1918

    CONGRESSMAN ANDREWS CALLS FOR EXPANDING U.S.-ARMENIA TRADE

    -- Urges Administration to Negotiate a Trade and Investment
    Framework Agreement with Armenia

    WASHINGTON, DC - Congressman Robert Andrews (D-NJ) has called on
    the Obama Administration to negotiate a Trade and Investment
    Framework Agreement (TIFA) with Armenia, in order to help "foster
    economic growth in both the United States and Armenia while
    strengthening our nation's bond with the Armenian people," reported
    the Armenian National Committee of America (ANCA).

    Representative Andrews, who serves as a senior member of the
    influential Budget and Armed Services committees, wrote, in a
    September 7, 2010 letter to U.S. Trade Representative, Ambassador
    Ron Kirk, that such an agreement would, " build upon our current
    economic dialogue with Armenia and establish a broader reach than
    the U.S.-Armenia Joint Economic Task Force." He added that, a TIFA
    "would provide a more consistent platform for our government to
    meet and consult with Armenian government officials regarding
    economic cooperation and trade and investment opportunities."

    "We join with Armenian Americans from throughout New Jersey and
    across the United States in thanking Congressman Andrews for his
    leadership in fighting for increased trade between the United
    States and Armenia," said ANCA New Jersey Co-Chairman James
    Sahagian. "This is a win-win opportunity. Putting in place a TIFA
    will promote increased bilateral trade and investment, creating
    export-driven jobs both here at home and in Armenia."

    In making the case for a U.S.-Armenia TIFA, the New Jersey
    legislator cited Armenia's progress in implementing economic
    reforms and called attention to Armenia's cooperation with the
    United States on regional and global security priorities. He also
    noted that the Administration, by moving forward with such an
    accord, would embody the President's campaign pledge to support
    "Armenia's growth and development through expanded trade and
    targeted aid, and by strengthening the commercial, political,
    military, developmental, and cultural relationships between the
    U.S. and Armenian governments.

    The ANCA has called on Ambassador Kirk to move forward with a U.S.-
    Armenia TIFA, and has shared with the Administration and Members of
    Congress its views on the mutual economic and foreign policy
    benefits that the negotiation of such an accord would provide to
    both the U.S. and Armenia.

    #####




    From: A. Papazian
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