USA to provide $75m in aid to Armenia

USA to provide $75m in aid to Armenia

RosBusinessConsulting Database
November 24, 2004 Wednesday 2:04 am, EST

The US Senate has passed a law on aid to foreign countries, which
provides for allocating $75m for the implementation of the US
government’s programs of assistance to Armenia in 2005. The Press
and Information Department of Armenia’s Foreign Ministry reported
that within the bounds of this aid program, at least $3m would
be allocated for humanitarian programs in the disputed region of
Nagorniy Karabakh. Additionally, Armenia will receive $8.75m within
the framework of military cooperation programs, the ARKA news agency
reported. It is pointed out in the Foreign Ministry’s press release
that the US Congress had confirmed the principle of parity with regard
to military aid to Armenia and Azerbaijan.

From: Emil Lazarian | Ararat NewsPress