Armenia hopes to soon abandon U.S. list of export controlled countriesJune 28, 2017 - 11:41 AMT PanARMENIAN.Net - Yerevan is hopeful to conclude an agreement with the United States that will remove Armenia from the U.S. list of export controlled countries, Sputnik cited Armenian Ambassador to the United States Grigor Hovhannissian as saying. "We have a couple of agreements in the legal field that we would like to finalize for signing about double taxation and removing Armenia from the list of export controlled countries," Hovhannissian said on Tuesday, June 27. Hovhannissian pointed out that the Information Technology (IT) sector is successfully developing in Armenia. "We would like to prepare a framework agreement for signing for our [United States and Armenia] next meeting. We have discussed it with the Americans. We are working on that," the Ambassador added. "In October, we will join a U.S.-Armenia intergovernmental working group meeting, and this framework agreement is on its agenda." In 2015, Washington and Yerevan signed a Trade and Investment Framework Agreement (TIFA) tailored to help the parties identify areas conducive to the development of mutual trade and investments. U.S. Exports to Armenia totaled to $43.6 million, while imports totaled to $42.6 million, according to the United States Census Bureau. Hovhannissian also said that Armenia hopes Washington understands Yerevan’s position to develop good relations with both the United States and Russia. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |