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Vardan Oskanian: Armenia Highly Estimates Efforts Of U.S. In Regiona

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  • Vardan Oskanian: Armenia Highly Estimates Efforts Of U.S. In Regiona

    VARDAN OSKANIAN: ARMENIA HIGHLY ESTIMATES EFFORTS OF U.S. IN REGIONAL COOPERATION AND STRENGTHENING OF DEMOCRACY

    Noyan Tapan
    Jan 9, 2008

    YEREVAN, JANUARY 9, NOYAN TAPAN. "Armenia highly estimates the efforts
    of the U.S. in the issue of regional cooperation, strengthening of
    democracy and implementation of programs of development of free market
    economy, provision of humanitarian and development aid," RA Foreign
    Minister Vardan Oskanian stated at the January 9 press conference.

    The Minister said that in 2007 Armenia's relations with the United
    States continued developing and deepening in various spheres, including
    political, trade and economic and military cooperation.

    According to him, in 2007 the direct assistance of the U.S. to Armenia
    amounted to 75m USD and to Nagorno Karabakh 3m USD. Parity principle
    has been preserved this year in the issue of military assistance
    provided to Armenia and Azerbaijan (3m USD to each). Besides, 5m USD
    was given to Armenia within the framework of the Foreign Military
    Financing.

    More than 11m USD was provided to Armenia within the framework of the
    Millennium Challenge five-year program, the goal of which is to reduce
    poverty in Armenia through improvement of the agricultural sphere.

    According to the Minister, trade and economic relations also
    develop. As in the previous years, final, non-raw material products
    prevail among goods exported from RA to the U.S.
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