Washington briefing: U.S.-Armenia Task Force meets in Washington
Published: Saturday November 22, 2008
Washington - Economic Development Minister Nerses Yeritsian led an Armenian government delegation to Washington for talks with U.S. officials from November 19 to 21.
The visit was within the regular U.S.-Armenia Task Force (USATF) mechanism and included visits with official counterparts at the Departments of State and Commerce, the Office of the U.S. Trade Representative, and the Millennium Challenge Corporation. The USATF's American co-chair is currently Daniel Rosenblum, the State Department assistance to Eurasia coordinator.
USATF was previously co-chaired by Armenia's Finance and Economy Ministers Levon Barkhudarian (1999-2000) and Vardan Khachatrian (2000-2008), and U.S. State Department Coordinators for U.S. assistance to Eurasia Bill Taylor (2000-2003) and Tom Adams (2004-2008).
Set up in 2000, USATF is an intergovernmental committee that meets twice a year to discuss U.S. assistance for Armenia's reforms and bilateral economic ties.
However, the volume of U.S. assistance to Armenia has declined from an average of $75 million a year in 2004-2006 to about $50 million in 2007. Bilateral trade remained steady at an average of $125 million a year in 2004-2007, with U.S. exports to Armenia accounting for most of the turnover.