{"id":5423,"date":"2015-05-08T10:06:14","date_gmt":"2015-05-08T10:06:14","guid":{"rendered":"https:\/\/ancnews.info\/?p=5423"},"modified":"2015-05-08T10:06:14","modified_gmt":"2015-05-08T10:06:14","slug":"anca-welcomes-signing-of-us-armenia-trade-and-investment-framework-agreement%e2%80%8f","status":"publish","type":"post","link":"https:\/\/ancnews.info\/?p=5423","title":{"rendered":"ANCA Welcomes Signing of US-Armenia Trade and Investment Framework Agreement\u200f"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Urges Negotiations for a new U.S.-Armenia Double Tax Treaty<\/strong><\/p>\n<p style=\"text-align: justify;\">WASHINGTON, DC &#8211; Following years of Armenian American advocacy and U.S.-Armenia diplomacy, Armenian Foreign Minister Edward <!--more Continue reading \/ \u0531\u0574\u0562\u0578\u0572\u057b\u0568  \u2192--> Nalbandian and Assistant US Trade Representative Daniel Mullaney today signed the U.S.-Armenia Trade and Investment Framework Agreement (TIFA), a bilateral accord long sought by the <a title=\"ANCA\" href=\"http:\/\/www.anca.org\" target=\"_blank\" rel=\"noopener\">Armenian National Committee of America<\/a> (ANCA), the American Chamber of Commerce in Armenia, and Armenia-based U.S. businesses to expand economic relations between the two countries.<\/p>\n<p style=\"text-align: justify;\">This agreement establishes a United States-Armenia Council on Trade and Investment to discuss bilateral trade and investment and related issues and examine ways to strengthen the trade and investment relationship between the two countries.<\/p>\n<p style=\"text-align: justify;\"><iframe src=\"https:\/\/www.youtube.com\/embed\/p-wqUYZxr4Y\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p style=\"text-align: justify;\">Following the official signing of the agreement, Mullaney told reporters &#8220;Today\u2019s agreement provides a vehicle for deepening and broadening U.S.-Armenia trade and investment relations. I look forward to the United States-Armenia Council on Trade and Investment helping to unlock opportunities for workers, farmers, service providers, manufacturers and consumers in our two countries.&#8221;<\/p>\n<p style=\"text-align: justify;\">During a meeting with Mullaney immediately after the signing of the accord, Armenian President Serzh Sargisyan noted that he was confident that the impending $250 million investment by Contour Global in Armenia&#8217;s energy sector would be the largest U.S. investment in Armenia to date, and will set an example for broader trade opportunities in the future.<\/p>\n<p style=\"text-align: justify;\">ANCA Executive Director Aram Hamparian welcomed the accord, noting &#8220;Today&#8217;s signing of the TIFA represents a major step forward in U.S.-Armenia economic relations &#8211; the creation of jobs, the fostering of hope, the creation of opportunities in both countries. At a broader level, it is a stepping stone to even greater cooperation. We would like to see, for example, the U.S. and Armenia begin negotiating a Tax Treaty. Double taxation on U.S. and Armenia firms is a hindrance to the growth of economic relations, a deterrent to potential investors from either side, and needs to be removed.&#8221;<\/p>\n<p style=\"text-align: justify;\">Hamparian&#8217;s interview with Yerkir Media.<br \/>\n<iframe src=\"https:\/\/www.youtube.com\/embed\/Ces74_BaHAE\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p style=\"text-align: justify;\">The ANCA has launched an online advocacy campaign to Treasury Secretary Jack Lew, urging him to begin preparations for an U.S-Armenia Tax Treaty and alerting Members of Congress about the benefits of such an accord. To take action, visit:<br \/>\nhttp:\/\/www.anca.org\/trade.<\/p>\n<p style=\"text-align: justify;\">In a letter sent this week to U.S. Trade Representative Michael Froman calling urging the TIFA signing, ANCA Chairman Ken Hachikian outlined ten practical benefits of putting in place this government-to-government platform for dialogue about the growth of bilateral trade and investment. These benefits include:<\/p>\n<p style=\"text-align: justify;\">&#8212; Improving the investment climate, identifying priority growth areas and building trade capacity<\/p>\n<p style=\"text-align: justify;\">&#8212; Addressing regional trade issues, including the special hardships faced by Armenia due to the blockades imposed on its borders by Turkey and Azerbaijan<\/p>\n<p style=\"text-align: justify;\">&#8212; Streamlining customs systems, and increasing the transparency of governmental processes related to imports and exports<\/p>\n<p style=\"text-align: justify;\">&#8212; Discussing the effectiveness of current programs in Armenia of the U.S. Export-Import Bank, Overseas Private Investment Corporation, and U.S. Trade and Development Agency<\/p>\n<p style=\"text-align: justify;\">&#8212; Expanding agricultural trade and investment<\/p>\n<p style=\"text-align: justify;\">&#8212; Growing the level of trade in services, including banking, insurance, and tourism<\/p>\n<p style=\"text-align: justify;\">&#8212; Promoting Diasporan trade and investment, with a special focus on expanding Armenian American trade and investment partnerships with Armenia<\/p>\n<p style=\"text-align: justify;\">&#8212; Improving Armenia \u2019s use of U.S. Generalized System of Preferences benefits<\/p>\n<p style=\"text-align: justify;\">&#8212; Addressing any outstanding problems in the area of intellectual property rights<\/p>\n<p style=\"text-align: justify;\">&#8212; Exploring ways to deepen future U.S.-Armenia trade and investment<\/p>\n<p style=\"text-align: justify;\"><a title=\"US Armenia Trade ANCA Hachikian letter\" href=\"http:\/\/www.anca.org\/assets\/pdf\/Obama_tifa_letter.pdf\" target=\"_blank\" rel=\"noopener\">Hachikian&#8217;s complete letter.<\/a><\/p>\n<p style=\"text-align: justify;\"><em>Photo: Assistant US Trade Representative Dan Mullaney meeting with Armenian President Serzh Sargisyan following the signing of the US-Armenia TIFA<\/em><\/p>\n<div><\/div>\n<p style=\"text-align: justify;\"><strong>\u0531\u0574\u0565\u0580\u056b\u056f\u0561 \u0535\u0582 \u0540\u0561\u0575\u0561\u057d\u057f\u0561\u0576 \u0531\u057c\u0565\u0582\u057f\u0578\u0582\u0580\u056b \u0535\u0582 \u0546\u0565\u0580\u0564\u0580\u0578\u0582\u0574\u0576\u0565\u0580\u0578\u0582 \u0540\u0561\u0574\u0561\u0571\u0561\u0575\u0576\u0561\u0563\u056b\u0580\u056b \u0546\u0561\u056d\u0561\u0563\u056b\u056e\u0568 \u054d\u057f\u0578\u0580\u0561\u0563\u0580\u0565\u0581\u056b\u0576<\/strong><\/p>\n<p style=\"text-align: justify;\">\u0535\u0550\u0535\u0552\u0531\u0546, \u00ab\u0535\u0580\u056f\u056b\u0580\u00bb.- \u0544\u0561\u0575\u056b\u057d 7\u056b\u0576, \u0540\u0561\u0575\u0561\u057d\u057f\u0561\u0576\u056b \u0576\u0561\u056d\u0561\u0563\u0561\u0570 \u054d\u0565\u0580\u056a \u054d\u0561\u0580\u0563\u057d\u0565\u0561\u0576\u056b \u0563\u056c\u056d\u0561\u0582\u0578\u0580\u0561\u056e 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\u057f\u0561\u0576\u056b\u056c \u0566\u0561\u0576\u0578\u0576\u0584 \u0566\u0561\u0580\u0563\u0561\u0581\u0576\u0565\u056c\u0578\u0582:<br \/>\n\u0545\u0561\u0575\u057f\u0576\u0565\u0576\u0584, \u0578\u0580 \u0531\u0574\u0565\u0580\u056b\u056f\u0561\u0575\u056b \u0540\u0561\u0575 \u0534\u0561\u057f\u056b \u0575\u0561\u0576\u0571\u0576\u0561\u056d\u0578\u0582\u0574\u0562\u0568, \u0540\u0561\u0575\u0561\u057d\u057f\u0561\u0576\u056b \u0561\u0574\u0565\u0580\u056b\u056f\u0565\u0561\u0576 \u0561\u057c\u0565\u0582\u057f\u0578\u0582\u0580\u056b \u0563\u0580\u0561\u057d\u0565\u0576\u0565\u0561\u056f\u0568 \u0565\u0582 \u0540\u0561\u0575\u0561\u057d\u057f\u0561\u0576 \u0570\u0561\u057d\u057f\u0561\u057f\u0578\u0582\u0561\u056e \u0568\u0576\u056f\u0565\u0580\u0578\u0582\u0569\u056b\u0582\u0576\u0576\u0565\u0580 \u057f\u0561\u0580\u056b\u0576\u0565\u0580\u0567 \u056b \u057e\u0565\u0580 \u0561\u0577\u056d\u0561\u057f\u0561\u0576\u0584 \u056f\u0568 \u057f\u0561\u0576\u056b\u0576 \u0561\u0575\u057d \u0570\u0561\u0574\u0561\u0571\u0561\u0575\u0576\u0561\u0563\u056b\u0580\u056b\u0576 \u056f\u0576\u0584\u0578\u0582\u0574\u0568 \u0561\u057a\u0561\u0570\u0578\u057e\u0565\u056c\u0578\u0582 \u0570\u0561\u0574\u0561\u0580:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Urges Negotiations for a new U.S.-Armenia Double Tax Treaty WASHINGTON, DC &#8211; Following years of Armenian American advocacy and U.S.-Armenia diplomacy, Armenian Foreign Minister Edward<\/p>\n","protected":false},"author":1,"featured_media":5424,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[115,174],"tags":[126,382],"class_list":["post-5423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-174","tag-anca","tag-382"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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