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BAKU: US Congress Reducing Financial Aid To Armenia And So-Called "N

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  • BAKU: US Congress Reducing Financial Aid To Armenia And So-Called "N

    US CONGRESS REDUCING FINANCIAL AID TO ARMENIA AND SO-CALLED "NAGORNO KARABAKH REPUBLIC"

    Azeri Press Agency, Azerbaijan
    Dec 18 2007

    US Senate and The House of Representatives coordinated the volume of
    aid to Armenia and unrecognized "Nagorno-Karabakh Republic for 2008,
    APA reports quoting Armenian media

    The aid to Armenia will $58.5 million and to Nagorno Karabakh- $3
    million, On June 12, 2007, the House of Representatives of the US
    Congress adopted its own version of the draft law for a fiscal year
    of 2008, according to which Armenia will receive $68 million as an
    economic aid from US and $6 million as a direct aid to the so-called
    "Nagorno Karabakh Republic".

    Moreover, the draft law envisions military aid of $3, 5 million to
    Armenia and Azerbaijan.

    But the draft law adopted by US Senate does not envision military
    aid to "Nagorno Karabakh Republic", Azerbaijan and Armenia.

    US Senate approved the provision of financial aide to Armenia in
    the amount of $59 million. Armenian National Committee of America
    protested the reducing financial aid to Armenia and "Nagorno Karabakh
    Republic".
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