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ANCA: Obama Seeks 38% Cut in Aid to Armenia

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  • ANCA: Obama Seeks 38% Cut in Aid to Armenia

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

    PRESS RELEASE
    May 7, 2009
    Contact: Elizabeth S. Chouldjian
    Tel: (202) 775-1918


    OBAMA SEEKS 38% CUT IN AID TO ARMENIA

    -- Proposes Breaking Military Aid Parity Agreement in Favor of
    Azerbaijan

    WASHINGTON, DC ? Despite a 9% increase in overall foreign aid
    spending, President Barack Obama today called for a 38% cut in aid
    to Armenia, a 20% increase in aid to Azerbaijan, and the
    abandonment of the longstanding Armenia-Azerbaijan military aid
    parity agreement in favor of Baku, reported the Armenian National
    Committee of America (ANCA).

    These figures, released today as part of the President's Fiscal
    Year (FY) 2010 budget, represent a sharp departure from the
    President's campaign commitments to maintain U.S. assistance to
    Armenia and to foster its growth and development through aid and
    trade. In January of 2008 and again only days before the November
    election, the President said he would "help foster Armenia's growth
    and development through expanded trade and targeted aid," adding
    that he will also, "strengthen the commercial, political, military,
    developmental, and cultural relationships between the U.S. and
    Armenian governments."

    "President Obama, despite his promise to maintain U.S. assistance
    to Armenia and his campaign commitment to help foster Armenia's
    growth and development, has called for a thirty-eight percent cut
    in aid to Armenia," said Aram Hamparian, Executive Director of the
    ANCA. "His proposal to sharply reduce vitally needed assistance to
    Armenia, even as he is increasing overall foreign aid spending, is
    all the more disappointing in light of the urgent economic
    challenges facing Armenia."

    President Obama's budget calls for $30 million in U.S. aid to
    Armenia, down 38% from the FY09 allocation of $48 million. Under
    his proposal, funding for Azerbaijan would increase 20% from $18.5
    million to $22.12 million. The complete international affairs
    budget proposed by the White House is $53,872,901.

    In Foreign Military Finance spending, President Obama has requested
    $4 million for Azerbaijan and only $3 million for Armenia, while
    funds for International Military Education and Training (IMET)
    represent an even starker break in the parity agreement struck
    between Congress and the White House in 2001, with $900,000 being
    proposed for Azerbaijan and $450,000 for Armenia.

    The Foreign Operations Subcommittees of the House and Senate
    Appropriation Committees will now review the President's budget and
    each draft their own versions of the FY 2010 foreign assistance
    bill.
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