What potential U.S. investors expect from Armenia: OPIC Exec Vice PresSeptember 20, 2018 - 11:38 AMT PanARMENIAN.Net - Executive Vice President of the Overseas Private Investment Corporation (OPIC) David Bohigian has revealed that the United States is willing to support the citizens of Armenia in achieving democracy and real market relations, Voice of America reports. According to Bohigian, private investors expect two things from Armenia - continuous fight against corruption and corresponding legislation, and a long-term economic program proposed by a government that will be formed following snap parliamentary elections next year. The OPIC Vice President said he sees the current Armenian government’s enthusiasm in fighting corruption and establishing rule of law in the country. Bohigian believes that after reforms Armenia with “a brilliant human capital” will become one of the most attractive countries for foreign investment. The Armenian Embassy in the United States hosted Bohigian for a debriefing upon completion of the regional assessment tour in August. The session covered topics from the U.S.-Armenia economic agenda, OPIC portfolio in the Caucasus, investment opportunities and priority sectors for OPIC financing. 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 | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |