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Armenia trade office to aide tourism, trade

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  • Armenia trade office to aide tourism, trade

    Pasadena Star-News (Pasadena, CA)
    October 7, 2005 Friday

    Armenia trade office to aide tourism, trade

    SACRAMENTO

    A bill by state Senator Jack Scott, D-Pasadena, that extends the
    sunset date for the operation of a privately funded trade office in
    Armenia has been signed by the governor. California is home to about
    a half-million Armenian Americans and the trade office is expected to
    increase business, trade and tourism between California and Armenia.

    "This is an important step forward in cementing ties between the
    people of California and Armenia,' Scott said. "It is also a
    responsible step in these tight economic times. This office is the
    first privately funded trade office for the state and it will be a
    win-win for California and Armenia. The trade office will open new
    and large growth markets for California businesses and investors. For
    Armenia and its neighbors, the office will generate much-needed
    business and investment.'

    The state's trade office in Armenia opened this week in the capital
    city of Yerevan. It was funded with $75,000 in private donations. The
    Glendale-based Foundation for Economic Development helped create the
    trade office.

    Scott recently completed a fact-finding trip to Armenia where he met
    with President Robert Kotcharian and foreign minister Vartan Oskanian
    to announce the opening of the trade office.
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