US HOUSE PANEL VOTED FOR PARITY IN MILITARY AID TO ARMENIA AND AZERBAIJANJune 28, 2004 - 18:32 AMT PanARMENIAN.Net - Last week the Appropriations Subcommittee of the US House of Representatives voted to maintain parity in military assistance to Armenia and Azerbaijan. As noted by the Armenian Assembly of America, thus the subcommittee rejected White House proposals to allocate four times more military aid to Azerbaijan than to Armenia. Under a foreign aid bill approved by the panel each of the two countries will receive $5 million in military financing in 2005. The House subcommittee further approved "not less than" $65 million in regular economic assistance to Armenia for the next fiscal year. This is an increase of $3 million over the Bush administration's 2005 budget request but a decrease of $10 million from the 2004 aid level set by Congress in December. The panel also voted to continue America's direct assistance to Nagorno-Karabakh, which will get $5 million worth of further humanitarian projects. The proposed legislation will next be considered by the full House Appropriations Committee before being debated on the House floor. Top stories President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. Partner news | Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora To buy real estate, Diasporans can apply to Ameriabank online to buy, renovate or build a home anywhere in Armenia. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. |